etoro scam

Sri Lanka
September 19, 2009 5:01am CST
Hello Friends! I have a problem i'll tell it to you. this is the problem, when i was surfing the internet i found a site it is Etoro.com. it's a forex trading web site. are you members of this site. do you know about this site. it's free to join. i wont to know is Etoro a scam or a true one. Please help! Share your experience. THANK YOU!
5 responses
• Australia
17 Oct 09
Hi i just joined eTORO today and i made a deposit of about 200US. I feel very regret as after i deposit my money only i realize that require u to submit documents like passport copies/credit card details and also utility bill in order for them to send u the money.in addition, i also found that the company is in Israel which is a very poor country . The owner of the website owns 888.com which is another online casino website. I don't know how much i regret now...pls let me know ur experience too if u have any doubt in the website.
• Israel
22 Nov 09
you are an idiot. What does the fact that you need to send documents have to do with the quality of the platform? any financial platform requires an id, do you expect them to send you the money without checking if you are really you? and saying that they are from a poor country...are you really that stupid?
• Italy
23 May 10
Yes on forex trading websites you should verify your identity before withdraw your money from account!!
• Israel
18 Jul 10
Hello forum members! First of all I would like to thank you for taking an interest in our trading platform! I would like to address some of the issues discussed in this thread. eToro is a financial company and as one requires it's customers to verify their identification. We choose to do so upon first withdrawal, some brokers do it at registration. By sending some basic identification documents (from which you can hide sensitive info) the account will be verified and withdrawals will be sent without any problem. Secondly, eToro is based in Cyprus and not Israel. You can check our license with the Cypriot security and exchange commission - Cysec. License number - 109/10. If you have any doubts/ concerns/ questions please do not hesitate to contact our support team at support@eToro.com Best regards, Valeria - eToro.
@jamed28 (1903)
• Philippines
29 Aug 10
Well thanks ValeriaeToro. I hope you still visit this post that you made here in Mylot so that you can still response to some of our question here. Like do you have a forum? or a link where we can see a payment proof of your site.
@tonyllenium (6252)
• Italy
23 May 10
yes it is a forex trading website so you will earn money exchanging currencies!! You know is not a so easy system as it sounds first but if you practice it for free..and make good trading you can earn!!It is like an investment platform so if you are new to the system practice so much before invest your money in this way your feel sure when you decide to invest money!!Anyway you can learn about it for free and afterthat decide..there is no obligation you can try it just to learn about forex!!
@elsoft12 (1821)
• India
19 Sep 09
You can check a discussion started by me.It does some posts by people who shared their thoughts and experiences about the site.I was initially trying to check the site but after reading through their payment conditions,I was sure I will not go back to the site again.
• India
19 Sep 09
Etoro is a forex trading platform. one must invest his money to trade there and make money. there is no guarantee that you make money in trading, unless you know how to trade. I am not a member of etoro.