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    WikiFX: A Visit to Forex Broker eToro in Cyprus

    Resumo:Since last year, advertisements of eToro have been seen frequently on Facebook and YouTube. Some have joined in it for curiosity, while other more stay alert and doubt whether it’s an illegal platform or not.

      Investigation background

      Since last year, advertisements of eToro have been seen frequently on Facebook and YouTube. Some have joined in it for curiosity, while other more stay alert and doubt whether its an illegal platform or not. In response to the requests of investors, WikiFX visited the licensed company eToro in Cyprus.

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      Ads of eToro on YouTube

      Broker profile

      Name: eToro

      Location: Cyprus

      Investigator: WikiFX

      Investigated address: 4, Profiti Ilias Street, Kanika Business Centre, 7th Floor, Germasogia, CY-4046 Limassol

    2.png

      Regulatory information about eToro on CySEC (Cyprus Securities and Exchange Commission)

      Investigation process

      According to regulatory information, WikiFX arrived Kanika International Business Center, a mansion where eToro is located. Backed by coastal road, it enjoyed a beautiful scenery with fountains and squares at the front.

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    3-2.jpg

      The mansion where eToro is situated at

      WikiFX managed to enter the building and reached the office on the 7th floor by sightseeing lift under the guidance of floor directory.

    4.jpg

      Noticeable logo on the office entrance

      After ringing the doorbell, WikiFX was received by a supervisor of eToro. The investigator observed that the office was neat and clean. It was equipped with over 20 office cubicles, with many employees busy working.

    5.jpg

      Interior of eToro office

      Summary

      This visit confirms that the licensed company eToros real address in Cyprus is in line with that in regulatory information. On the WikiFX APP, eToro has received a rating of 7.62 and is currently under valid supervision. Nevertheless,WikiFX has received 10 complaints against the broker in the past three months. Thus, investors should stay alert to it when depositing.

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      eToro received a rating of 7.62 on the WikiFX APP

      As an information channel serving investors worldwide, WikiFX investigates the actual operating conditions of global forex brokers by visiting them at irregular intervals, so as to warn investors against illegal brokers. So far, WikiFX App has included profiles of more than 19,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions, and protecting investors fund safety in forex trading. Click here to download WikiFX App: https://bit.ly/wikifxIN

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Taxa atual  :
    --
    Montante
    United Arab Emirates Dirham
    Montante
    -- United States Dollar
    Aviso

    Os dados usados pelo WikiFX são todos dados oficiais publicados por institutos de regulamentação como o FCA, ASIC. Todos os conteúdos publicados são baseados nos princípios de justiça, objetividade e verdade dos fatos. Não aceita nenhuma comissão de comerciantes, incluindo taxas de RP, taxa de publicidade, taxa de classificação, taxa de exclusão de dados. O WikiFX faz todo que é possível para manter a igualação dos dados com os publicados pelos institutos de regulamentação, mas não se compromete a manter em tempo real.

    Considerando que a complexidade da indústria de Forex, alguns comerciantes são emitidos licenças legais pelos institutos de regulamentação por meio de trapaça. Se os dados publicados pela WikiFX não estiverem de acordo com o facto, use a função Reclamações e Correção para nos informar. Vamos verificar imediatamente e Anunciar os resultados.

    Os contratos de câmbio, metais preciosos e over-the-counter (OTC) são produtos alavancados, que têm altos riscos e podem causar a perda do seu investimento principal. Por favor, invista racionalmente.

    Aviso especial: As informações fornecidas pelo WikiFX são apenas para referência e não indicam nenhum conselho de Investimento. A plataforma de Forex é escolhida pelo cliente.O risco trazido pela operação da plataforma não tem nada a ver com a WikiFX.O cliente tem que arcar com as consequências e responsabilidades relevantes.

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