Comments on eToro

 

➑️ In this section we will analyze eToro (also called by the name: etoro.com), is a broker of Forex, Cryptocurrencies and CFDs. Is eToro really recommended for making an investment? Or is it better not to invest with this company? β›” Is it a safe broker? Is a gotcha? We will help you determine it. βœ…

Now, you can find the following: opinions about eToro βœ…, claims, complaints 😑, experiences πŸ“, analysis πŸ“Š of the most important characteristics of this company (updated 2021), and the most important: Is eToro ⚠️ a safe site? β›” Can we trust this company? βœ… Will we be able to withdraw our money? All this and more in this review about this investment company.


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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

βœ… eToro mentions being part of: eToro (Europe) Ltd., eToro (UK) Ltd., eToro (Australia) AUS Capital Pty Ltd.

βœ… Regarding its location, the company is based in Australia, Cyprus and the United Kingdom.

βœ… If we analyze your fullfilment of security requirements, we note that eToro is regulated in Australia by ASIC, in Europe for CySEC and in the UK by FCA.

πŸ“Œ Remember: the best option (and the safest) are the regulated brokers, since they must meet very strict requirements. Working with an unregulated broker is very risky. πŸ“Œ

 

 

Account types | Investment platform

 

Now we will go on to analyze the types of account it offers eToro, in this case, we find that it only offers a retail and a wholesale account, but there are no more details and characteristics of them.

La platform to operate What eToro offers is: eToro platforms.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that eToro provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

EToro website
EToro website

eToro provides the following aids or resources to traders or interested parties: an explanation of the markets in which it operates, calculators, economic calendar, tutorials, analysis, educational section, frequently asked questions section, among others.

 

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β„Ή Another information about eToro β„Ή

 

???? We will leave you something more than information in case you want to contact the company, or see its website for yourself. ????

🌏 Website: etoro.com

πŸ“ž Telephone number: +357 25262100 (Europe) | +44 02038687213 (UK) | 1-800 778 439 (Australia)

πŸ“§ Email: contact from the website (section "customer service")

Maybe you wonder why we reviewed eToro. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

 

β˜‘ Valuation on eToro β˜‘

Ending with this section, in our opinion: Do we think the eToro company is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2021 ⭐

βœ… After having made a comprehensive analysis on ⭐ eToro πŸ₯‡, in our opinion, everything indicates that we deal with an appropriate broker, with good trading conditions, a ideal option for almost all types of traders. It is a broker that is regulated in various countries, has different regulations and we want to emphasize that it is a Reference broker, with a lot of antiquity and one of the most respected and known worldwide. βœ…


βœ” A pocas palabras: we are talking about a first level broker and totally recommended!


Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

 

 

πŸ“Œ Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. πŸ“Œ

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.

 

πŸ”»πŸ”» We leave a vote open so that traders, clients and broker users can vote. πŸ”»πŸ”» 

 

What do you think of eToro? What has been your experience?

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
 
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
 
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as a basis for investment decision.
 
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission.
 
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk. 
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

 

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2 comments on Β«eToro: Rating and CommentsΒ»

  1. Juan Luis Mayordomo Reply

    Since December 26 I have been enduring a real nightmare and the total lack of customer service from eToro. I consider that more than two months after having sent my money and dozens of messages, they give me the right, and the certainty, or that they are the worst managers in the world, or thieves having kidnapped my money, even though they already On December 30, they informed me by email that my account was verified and that I could access my portfolio.
    On January 4, they received the money from my transfer. And curiously, the next day, January 5, they tell me that my account has been blocked. Since that date I have complained on many occasions, you have even called me by phone to confirm my identity, indicating that I had answered your questions correctly and that they would immediately unlock the account. Which they have never done!
    Subsequently, I have filed countless claims due to not having access to my account and not being able to get my money back. Which is the only thing I want, since I want to continue with eToro, much less invest. After my experience I consider that they are not to be trusted.
    Meanwhile, and during these two months, several claim cases have been opened and closed by me. All these cases have been closed without giving any explanation, the situation has supposedly been resolved. Which is a lie. I have up to five cases closed this way.
    It has reached the absurdity of receiving duplicate answers, one telling me that they have a lot of work and that they will answer me shortly, and a second message, at the same time, saying that the claim number is closed since the incident has been resolved.
    Subsequently, they tell me that to recover my funds, open an incident in their Customer Service as a visitor. I also received a phone call and after answering their questions they told me that everything was correct. On January 28, they asked me again for a selfie photo, which I had previously sent, which I did that same day. On the 29th they confirm that they have received and accepted the selfie photo. They also tell me that I can now go to my Portfolio. But to my surprise, my Portfolio is still locked and I do not have access to my funds.
    After this situation, I have submitted many other claims through your customer service as a visitor. Since they have closed all the claims as resolved, without ever having answered my claims.
    My opinion about eToro is the most negative, and I will indicate this to my lawyer for the corresponding legal actions.

    • Recommended Brokers Reply

      Hi Juan Luis, thank you for sharing your experience with eToro. This broker does not usually have many complaints

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      regards

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