Is eToro trustworthy?
eToro operates in accordance with the FCA, CySEC and ASIC. eToro is safe and secure: Always look for security signs on your browser before you trade. On eToro, clients' funds are kept secured in tier 1 banks, and all of their personal information is guarded under SSL encryption.
Is eToro legal in USA?
Is eToro legal in the USA? Yes, eToro legally operates in the US and its platform is provided by eToro USA LLC, which is registered with the Financial Crimes Enforcement Network (“FinCEN”) as a Money Services Business (“MSB”). They also have a license with regulators from several states.
Is eToro really free?
eToro offers commission-free trading meaning users do not pay any dealing charges or management fees. It is free to open an account and UK users can start with an initial deposit of $50 USD.
Is eToro a real broker?
eToro is an Israeli social trading and multi-asset brokerage company that focuses on providing financial and copy trading services such as forex and crypto. It has registered offices in Cyprus, the United Kingdom, the United States, and Australia.