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)
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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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