✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Exptoro. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Exptoro and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | explorer.com |
| 🏠 Company | Unknown |
| ️ Regulatory | Not regulated |
| [email protected] - [email protected] | |
| 📈 Leading | I explorate |
| 📌 Direction | 63-66 Hatton Garden, London EC1N 8LE, UK – 155 Clarence St, Sydney NSW 2000, Australia |
⚠️ Exporo's site it does not mention the legal name of the company that operates it and the published addresses do not correspond to any financial company. ⚠️
Account types
Now we will analyze the types of accounts that Exptoro offers, in this case, we observe that it offers 4 different types of accounts:
| Account type | Minimum initial deposit |
| Classic | $0 |
| Silver | $0 |
| Gold | $0 |
| VIP | $0 |
Information on the web
Exptoro provides a basic explanation of the financial products it offers, news and market analysis, not really much more than this.
List of phone numbers
+44 203 3180496
🚫 Final evaluation of Exptoro 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Exptoro.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Exptoro:
| Date | Update – news |
|---|---|
| November 2023 | Complaint against I explorate by CNMV. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Exptoro.
At the end of the review you will find customer comments.
How to Claim Money scammed by Exptoro
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Exptoro
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Exptoro?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Exptoro a scam – is it scam?
Yes. We believe that Exptoro is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Exptoro trustworthy?
No. Exptoro is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Exptoro?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Exptoro?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Hello! They also contacted me, contributing 200 euros, but they also made me install an application on my mobile to see my CC. They are calling me constantly, but I don't think I'm going to answer the phone anymore.
Hi guys, they are professional scammers, they will try to trick you into keeping your money, block them.
Greetings.
I have trusted exploro to recover lost money and they tell me that I have €86.400
They want me to pay taxes
What I can do
Hello Diego, the platform is manipulated by them and they can put the number of benefits they want, taxes are part of the scam, do not pay anything, they will never give you your money. Thanks for writing about Exptoro. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Hello Good morning, they contacted me from https ://www. exptoro .com/, I spoke with an adviser; Samuel. They only have this email as contact: [email protected] . I have only spent 200 euros, I know that it is the initial method in several brokers to start with 100-300 euros. But I don't know if I'm on the right line or not, I don't see any legal information anywhere, I have asked them by email and they told me that they send it to me throughout the day. Telephones from which they call me: +44 7902 851516 / +447512 344961 / +44 7892352217. Before continuing or not with them, I prefer to make sure, I don't see any info on the internet. Thank you
Hi Mi, thanks for writing about Exptoro. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.