eToroX Review
eToroX
Website: https://www.etoro.com/crypto/exchange/
About company:
eToro has been operating since 2007. The company has offices in several countries around the world. Supports trading in securities, cryptocurrencies, CFDs, precious metals and other assets. Has licenses issued by the government of Cyprus and the UK. The minimum deposit at eToro is $200. Supports margin trading with a maximum leverage of 1:30. The exchange has a social trading service.
Rare scammers and swindlers. While withdrawing small amounts everything was fine. As soon as I traded and saved more than $ 20,000 on my balance, the withdrawal of money was abruptly suspended. Admins unsubscribe with useless messages like suspicious output and suspicious activity from your card. I tried to change the card – the same situation. Asked for a private key – they are silent. I regretted a hundred times that I contacted etorox. Do not open an account and do not register here!!! You end up losing more. Spread compared to other brokers is much higher.
Etoro is just the purest swindle for money. They offer to first open an account with a minimum wage, they can even withdraw funds a couple of times. But when you save up a decent amount – they just go into denial!!! And they don’t output anything. They can also drain the entire deposit in a couple of transactions. According to the reviews, I see that not only I have such problems at work. It is sad that they profit from traders in this way.
I rate this crypto exchange “1” only because the entry threshold for the exchange is higher than for the US stock markets. This is some kind of nonsense. And I looked at what EtoroX offers and concluded that this exchange is absolutely not liquid. Liquidity is more or less normal only for Bitcoin. for the rest of the instruments, there are no graphics, but solid horizontal stripes. Therefore, I decided not to take risks and not invest such a large amount in an illiquid exchange.