Stay away from Etoro if you value your money
Stay away from Etoro if you value your money. I don't know if they are scammers, but there practices are scammy to say the least. They claim 0% commision, but they have ways to rek you anyway. I have made a withdrawal of 836 dollars and got 699 euro. That's some conversion rate.

Than you have to beg for your money when you made a deposit with a debitcard and your bank does not accept payments to a debitcard. They will hold your money hostage untill you send them prove of this. If you can't prove it, say goodbye to your money. They make depositing funds extremly easy, but withdrawals are a hassle.

Not to speak of other scammy practises they do, which other people have already mentioned here.

Customer service is the worst i have ever come accross. I have opened a ticket about a trade 13 days ago and still nobody feels the need to answer your ticket. They say it will take up to 7 days, which is bad enough when you have a problem with money, but 13 days is a joke.

Than you have to wait for hours to get connected to a live agent trough live chat and if that isn't bad enough, you get someone who is not helpfull in trying to get things solved.

I recommand anyone who has funds at Etoro to take them out of there, before it's to late. Who knows what practices they will come up with in the future. If you can't trust your broker when it comes to withdrawal, than you need to get the hell out of there. I was lucky i didn't had much money on there, but for you who do. You are warned.

Iam being censored by some major review sites. They keep blocking my experience, because etoro keeps reporting me. I wanted to keep it at 1 review, but now iam going to put my experience everywhere i can.