Is etoro a good broker?

Etoro was my first broker. It wasn’t through my own investment but to do with their 50 USD free bonus which was mainly available to follow top traders. I had terrible time with their system, as it was just so complicated and confusing; I don’t wasted much time on it. Now, I am with OctaFX where they have user-friendly structure and are very good broker that we can trust upon, so I feel pretty good with them and makes me feel great.

Latest joke of etoro: very strict new rules for being abled to get copied that nowhere can be found. Refusing people at random without telling them why for weeks…

enjoy:
https://www.etoro.com/posts/0__entry__8c9c7100-8140-4fc6-b0c3-f2db3ca30340

Etoro recently announced that they will stop offering Forex trading to Russian clients. The change comes into effect from September 13.

The decision is most likely made in compliance with Russian legislation, which requires a forex trading license from the Central Russian Bank, which they don’t have.

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Very funny again: There can still be traded with 400 leverage on Etoro. By this they brake the new rules. lLl my other eigth brokers have everything aranged. All of them are FCA btw…

And right now there is a MAJOR bug in case you adjust stoploss. I changed SL 1 pip and were immediately charged quite a big sum of money, resulting in negative balance wich should be impossible. When changing back the SL the screen tells me the money that just disappeared should come back but it does not.

So now I am left with a position with the same SL as before but with a negative balance. Quite big in ratio to the size of the position wich is quite small. For a microlot the vanished money would be 30 USD.

Freaking insane ONCE AGAIN.

Contacting their support is a complete waste of time so I will not even bother to do that

Their latest joke can be found here: https://www.etoro.com/posts/0__entry__68825fc3-573d-4e8c-ae30-bff898beb7b3

new joke: deleting critic https://www.etoro.com/posts/0__entry__5bb8d591-a5dc-4b04-8c83-bce01e6c782b

I guess welcome bonuses are created for testing brokers’ services only. It’s extremelly hard to raise funds of it without making deposits. As for Etoro, the Forex Broker is very popular in my country, but I’m not sure that it’s the best choice for trading. Its services are not the best on the market. :thinking:

I have to admit, one of the reasons i entered forex was because of etoro adds, lol but never actually joined them. cant say how well they are doing currently but there are some gray areas over the years.

I closed my account with eToro a few days ago. I did not have a good experience with that.

I haven’t decided on a new broker yet.

In my opinion, eToro is place to learn automate signal , social trading that help to copy and follow expert trader that different than other brokers always use MT4 and 5. You can test it by yourself on your demo account. Last year eToro announced had 8 million opened accounts.

https://www.etoro.com/posts/0__entry__19e93a7d-643e-4893-99ae-c4f354ae5ab2 Platform seems to freeze very often also

Broker is the bridge between parties of a trade execution where both are expected to have profitable trade execution services. And yes, I have been working with a regulated broker ForexChief and it is ensuring me lowest spread, 1:400 leverage, timely trade executions, complete security of capital, modern trading tools and techniques as well as easy transaction services and technically updated trading platform.

Their latest joke: People cannot set SL on Tesla shares.

Latest joke: Unleveraged xrp positions closed pissing thousands of traders off.

I have IG. Min. Deposit $200. Their platform is easy to use they also offer mt4 if you wish to use it…

latest etoro joke: Almost all swap is changed to fees only.

I don’t really think soo

New awesome feature: Restricted leverage on oil. And the best one: you can set TP now only as low/high as 100% profit. Positions are also closed by the platform.

All chtarts are lagging these last 2 weeks, it’s terrible, clicking and refreshing each and every chart.

And on top of that they tell customers that they are understaffed so they cannot answer all the questions customers have. The reason for this is a massive growth. This company is for some reason the best in the world!! It sucks bigtime, thousands of pissed of customers, only extremely bad reviews on the web but still they experience massive growth. ROFLOL

Latest joke: buy buttons not responding.

Graphs are still off. For ~3 weeks now…