Score

2.29 /10
Danger

eToro

United Kingdom

10-15 years

Regulated in Australia

Market Making(MM)

Non MT4/5 Software

Suspicious Scope of Business

Belize Retail Forex License Revoked

High potential risk

Influence

AAA

Better than 92.9% brokers
Open Account
Website

Score

License Index0.00

Business Index8.39

Risk Management Index0.00

Software Index8.01

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

AAA

Better than 92.9% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Broker Information

More

Company Name

eToro (UK) Ltd

Company Abbreviation

eToro

Platform registered country and region

United Kingdom

Company website

Twitter

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 6
Previous Detection : 2022-10-03
  • The WikiFX cloud system has verified this broker has way too many complaints, and it is in the WikiFX complaint blacklist; please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 35 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to withdraw

They will never give my money back!

Last December 24th I withdrew funds from my trading account. I used the wire transfer method to withdraw money. But they did not transfer my money into my account. I have emailed them regarding this matter. They replied me they did that in order for safety purposes of their clients’ funds. Now I have to send another ID confirmation, But still they are just replying my funds is process. After 3 Months, still receive my money.

2021-09-14 11:22
Scam

Etoro is a Scam!

Etoro is good since you want to withdrawal your money.There is many problems with etoro when you want to get your money back. My story is really simple, i start use etoro and put 5000$ on the account, then all my document (bank & identity card) where fasted verified.After 2 weeks, i win 12000$ then i wanted to withdrawal from etoro. the problem has begin :First things, the withdrawal process is LONNNG, all is done to discourage you, and when you finally reach the end of process, the window show this message “ANN ERROR OCCURED, PLEASE TRY AGAIN”I try many many times to do a withdrawal without succes.Then i decided to contact etoro…After 10 days i never have any “HUMAIN” responses, only robots says “We are still working on your request”Then, 10 days after, i finally receved a mail from etoro that precise that my account and money is bloked because the bank account is not verified ??? WHAT THE FUCK ? they verified it well on deposit …Now, the account is blocked and i loose 12000$ on etoro.please, just go away from etoro, etoro is scam, etoro is a robber, etoro will never paybaks you.If you loose money (90% of user loose) you will never heard this, but if one day you win, you will never see your money back.

2021-09-14 12:03
    Sources

    News

    NewsAbu Dhabi Gives eToro In-Principle Approval

    The Abu Dhabi Global Market Financial Services Regulatory Authority has awarded eToro, the social trading platform, In-Principle Approval (ADGM). Following the expected approval of a full license, the global broker will be permitted to operate as a security, derivatives, and cryptocurrency broker in the UAE capital.

    WikiFX
    2022-09-21 16:41
    Abu Dhabi Gives eToro In-Principle Approval

    NewseToro Launches Australian Stock Portfolio

    eToro, one of the world's biggest social investing networks, has extended its services and added an Australian stock portfolio to better serve its customers. According to eToro, the AussieEconomy portfolio will provide customers with exposure to some of the best-performing companies in the Australian financial markets.

    WikiFX
    2022-09-05 15:43
    eToro Launches Australian Stock Portfolio

    NewseToro will acquire Gatsby for $50 million in order to expand option trading in the United States

    eToro, an Israeli global social investment and trading network, has announced intentions to purchase a fintech business called Gatsby, as well as commission-free options and a stock trading firm.

    WikiFX
    2022-08-18 10:50
    eToro will acquire Gatsby for $50 million in order to expand option trading in the United States

    NewseToro Announces Partnership Extension with AS Monaco

    eToro, a major multi-asset investing platform, said yesterday that it has expanded its partnership with AS Monaco, a professional football team situated in Monaco. The new agreement extension will assist the organization in expanding its footprint across Europe.

    WikiFX
    2022-08-03 16:48
    eToro Announces Partnership Extension with AS Monaco

    NewsWhat Exactly Is Copy Trading and How Does It Work - A Complete Explanation

    If you're new to trading or seeking new methods to trade, copy trading may seem to be a simple and successful way to get started. After all, copy trading enables you to replicate another trader's success. Of course, you may find yourself copying their mistakes instead. Wouldn't it be better to learn to trade and think for yourself? Discover how Trade Nation makes trading more lucrative.

    WikiFX
    2022-07-28 15:22
    What Exactly Is Copy Trading and How Does It Work - A Complete Explanation

    NewsWIKIFX REPORT: eToro selects Regnology for tax solution

    Regnology and online broker eToro have launched a new relationship. Over the past 18 months, the former RegTech division of BearingPoint has been successful as an independent brand.

    WikiFX
    2022-07-12 12:20
    WIKIFX REPORT: eToro selects Regnology for tax solution

    NewsWIKIFX REPORT: eToro rolls out smart portfolios for new metaverse investors

    Growing confidence in new metaverse markets appears to be solidifying new investment opportunities across the industry.

    WikiFX
    2022-07-12 12:15
    WIKIFX REPORT: eToro rolls out smart portfolios for new metaverse investors

    NewsWIKIFX REPORT: eToro Includes Four New Cryptocurrencies into Its Investment Platform

    The Israeli trading company added some of the biggest DeFi cryptocurrencies by market capitalization.

    WikiFX
    2022-07-12 12:05
    WIKIFX REPORT: eToro Includes Four New Cryptocurrencies into Its Investment Platform

    NewsWIKIFX REPORT: eToro Releases Findings from Consumer Survey

    Over 80% of consumers resort to social media for information and investing advice, according to a survey of US adults done by eToro, an online social investment platform with over 27 million registered users.

    WikiFX
    2022-07-07 14:16
    WIKIFX REPORT: eToro Releases Findings from Consumer Survey

    NewsWIKIFX REPORT: Online crypto brokerage EToro said to terminate deal to go public through a SPAC

    Online crypto brokerage EToro and the SPAC that's taking it public are expected to let the deadline for their merger agreement to expire.

    WikiFX
    2022-07-07 14:11
    WIKIFX REPORT: Online crypto brokerage EToro said to terminate deal to go public through a SPAC

    NewsWIKIFX REPORT: Is eToro Safe? Licensing & Security Reviewed

    With more than 25 million members globally, eToro is a well-known stock brokerage, CFD trading platform, and cryptocurrency exchange. Even if eToro's user base speaks for itself, it takes sense to look into the platform's safety and security before putting your trust in it.

    WikiFX
    2022-07-07 14:02
    WIKIFX REPORT: Is eToro Safe? Licensing & Security Reviewed

    NewsWIKIFX REPORT: Crypto trading platform eToro launches $20 million NFT fund

    EToro is launching a fund to support new digital art in a first step toward broader expansion of NFT investment services.

    WikiFX
    2022-07-07 13:51
    WIKIFX REPORT: Crypto trading platform eToro launches $20 million NFT fund

    NewseToro and FinTech Acquisition Corp Have Terminated their Merger Agreement.

    According to the news release, the proposed merger might complete in March 2021 provided certain requirements, including those about the company's registration statement, were satisfied within the timeframes stated in the Merger Agreement and as extended in the Merger Agreement Amendment.

    WikiFX
    2022-07-06 16:33
    eToro and FinTech Acquisition Corp Have Terminated their Merger Agreement.

    NewsWikiFX report: Trading platform eToro to go public via SPAC merger in $10B deal

    Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal.

    WikiFX
    2022-04-29 16:33
    WikiFX report: Trading platform eToro to go public via SPAC merger in $10B deal

    NewsDeveloping Good Money Habits in the Trading Profession

    Forex is the best option since it enables a person to get all of the advantages without jeopardizing his or her balance. It is critical for a person's success to develop habits that are helpful to their financial resources. In this post, WikiFX will discuss certain habits to cultivate that are useful not just in forex trading but in other aspects of life as well. Individuals who wish to improve should read this article since we will give numerous strategies on how to increase their performance by harnessing the power of their thoughts.

    WikiFX
    2022-04-28 16:45
    Developing Good Money Habits in the Trading Profession

    NewsWikiFX report: Broker Wars Heat Up with EToro, New Entrants In the Mix

    You want to start trading, but you are still looking for the right broker? Here we will cover all the information you need to find the perfect broker and start trading.

    WikiFX
    2022-04-28 15:46
    WikiFX report: Broker Wars Heat Up with EToro, New Entrants In the Mix
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    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
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