What about eToro?

M

msuper28

Power Member

Dec 10, 2009

611

74

• Jan 28, 2015

• #1

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?

 

luckydesigner2

BANNED

Jan 16, 2015

224

18

• Jan 28, 2015

• #2

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.

 

M

msuper28

Power Member

Dec 10, 2009

611

74

• Jan 28, 2015
• Thread Starter Thread Starter

• #3

luckydesigner2 said:

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.

Click to expand...

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) ?

 

M

msuper28

Power Member

Dec 10, 2009

611

74

• Jan 30, 2015
• Thread Starter Thread Starter

• #4

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

 

joeb1ow

Regular Member

Oct 26, 2014

456

141

• Jan 30, 2015

• #5

here you go
bhw members talking bout etoro

-JB

 

M

msuper28

Power Member

Dec 10, 2009

611

74

• Jan 30, 2015
• Thread Starter Thread Starter

• #6

joeb1ow said:

here you go
bhw members talking bout etoro

-JB

Click to expand...

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

 

J

Jolly Dodger

Newbie

Jan 24, 2015

13

6

• Jan 30, 2015

• #7

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

 

M

mivaz

Newbie

Oct 23, 2013

22

2

• Jan 31, 2015

• #8

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

 

M

Metroid

Newbie

Feb 1, 2015

18

2

• Feb 2, 2015

• #9

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.

 

E

eguide

Newbie

Jan 28, 2015

10

1

• Feb 5, 2015

• #10

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

 

Repulsor

Senior Member

Jun 11, 2013

904

357

• Feb 5, 2015

• #11

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.