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What about eToro?

Discussion in 'Making Money' started by msuper28, Jan 28, 2015.

  1. msuper28

    msuper28 Power Member

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    I've recently registered in eToro, but I've found many scam reports from various trading/forex websites and most people say to don't trust eToro.
    Did someone here use eToro? What about it? Is it safe to use or not?
     
  2. luckydesigner2

    luckydesigner2 Junior Member

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    eToro is a social trading network where you can trade currencies, commodities and indices in their respective markets. A trader's goal is simle: make a profit off the movement of the price of a certain instrument (a currency pair such as EUR/USD, a commodity such as Gold, or an index such as the Dow Jones). In order to do that you need to buy low and sell high, or sell high and buy low, depending on the direction you think the price will be headed in.
     
  3. msuper28

    msuper28 Power Member

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    Yes, thanks I alredy know how it works. I'm just asking if someone here has been scammed from eToro (ex. didn't receive payment) ?
     
  4. msuper28

    msuper28 Power Member

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    No one use eToro here? Do you know any other good online forex broker?
     
  5. joeb1ow

    joeb1ow Regular Member

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    here you go
    bhw members talking bout etoro

    -JB
     
  6. msuper28

    msuper28 Power Member

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    Thanks mate I've already got the info I needed, not on BHW though.
     
  7. Jolly Dodger

    Jolly Dodger Newbie

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    eToro is legit. I used them for half an year. I had some great months and some not so good. No payment issues at all. Just be very careful who you follow there. Don''t be greedy :)
     
  8. mivaz

    mivaz Newbie

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    etoro is legit. the only thing is how the way you deposit , also withdraw using the same way as you deposit.:)
     
  9. Metroid

    Metroid Newbie

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    I wouldn't trust any random person using eToro, the risks involved are too optimum and you would probably be better off investing and developing your own strategies.
     
  10. eguide

    eguide Newbie

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    it's legit, the scam report are old story. now it getting bigger and bigger every day.
     
  11. Repulsor

    Repulsor Power Member

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    I can confirm Etoro is legit. I have used it last year, never had any payment issues. I had to use Netteller for uploading funds since it had some issues accepting my cards. I got the payment via Paypal and Neteller upon my request and that was on time.

    Well, the spreads in Etoro is too high though. But its so social and helps to get an idea about how things are going on.