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eToro Reviews

 

Review Date: 20-Mar-2008

From: Andy Weiles

Rating:

Review: Wow, you guys really need to do your research...
You know the hoax about Dihydrogen Monoxide? They used to have a hoax about how dangerous dhmo is, that it causes death, that it hurts your car breaks, causes cyclones, etc etc, SCARY STUFF...
Well, the thing is Dihydrogen Monoxide is actually water (H2O), and that you can be quite certain that water is not dangerous...
The same goes for western union, which is payment method (money transfer) for individuals that wish to send money to individuals – not individual to company (http://corporate.westernunion.com/index.html?country=global). This is the standard procedure in all WU transactions, for example in the forex world. Check Forex Yard and AVAFX.
Elena Ioannov is probably their agent  that transfers the money from WU to the broker.
I'm the first one to encourage precaution when sending money over the internet, but there's nothing wrong with that method and as for what Jess said: "What can we expect from a broker based in Cyprus?", last time I checked Cyprus was a part of europe, so I don't see any scam here.

 


Review Date: 14-Mar-2008

From: Huskaroo

Rating:

Review: I have an account there, been trading with them for a month or so and cashed out twice. As far as my experience goes they're legit.

 


Review Date: 27-Feb-2008

From: Jess

Rating:

Review: Nice platform but that's the only good thing about them. IMO these guys aren't a safe broker. What can we expect from a broker based in Cyprus?

 


Review Date: 11-Feb-2008

From: Caleb

Rating:

Review: eToro is based in Cyprus. That's not good but there is worse. When you read the wiring instructions (western union) to send them money, you'll see the receiver is a person (Elena Ioannov), not eToro! I'm glad I read this before I sent them money. They even accept deposits with paypal!
I might be wrong but this seems like a good broker to run away with your money. I was ready to open an account with them (because I liked the platform) but when I noticed these dangerous signs, I couldn't send them money.

 

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