eToro is not scam
The reason: eToro is considered reliable as it has multiple top-tier regulation globally, such as the UK FCA or the Australian ASIC.
See below the full list of regulators (country of clients - regulatory body):
- European countries - Cyprus Securities and Exchange Commission (CySEC)
- UK - Financial Conduct Authority (FCA)
- Australia - Australian Securities and Investment Commission (ASIC)
- United States -
- Seychelles - Financial Services Authority Seychelles (FSAS)
Is eToro scam?
Other factors ensuring that eToro is not a scam
See whether eToro clients are entitled to investor protection in the event that eToro goes bankrupt:
|eToro investor protection|
|Investor protection amount:||£85,000 for UK residents, €20,000 for non-UK residents|
There are other factors you can check to make sure eToro is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
|🌎 Country of origin||Israel|
|📅 Foundation date||2,007|
|🏛 Banking background||No|
|📈 Listed on exchange||No|
|🗺️ Broker ownership is transparent||Yes|
|👔 Broker management is transparent||Yes|
|🔒 Negative balance protection is provided||Yes|
|📋 Read more||Check out the eToro review for 2023|
Is eToro scam?
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