CLAIMS/COMPLAINTS 1-9. Click links to go to each complaint/claim.
“9 Offering higher memberships and other SCAM-like behaviour (7, 3)”
By Law, Etoro is required to have, manage and use the Compensation Fund to deal with such situations. We will insist on CySEC to have Etoros Compensation Fund reviewed to see if it is being used suitably and in proportion to number and size of claims and if users get compensated at all.
If no action is taken by Etoro we will continue to share, reveal, publish, comment, any findings or proof that we have, firstly by appealing to over 200,000 users affected by main quantifiable problem, with exact instructions, and then to thousands of new customers that deserve to know all true “management risks”
See My Damages for total requested compensation.
It`s estimated that, over course of 2 years, over $100 mln in revenue could be lost by Etoro revenue as a result of cautions, sensible trading by new and existing users or in fact by traders avoiding Etoro as a broker at all. To be clear, we don`t want Etoro to be at loss, but for millions of users dollars left/lost on the platform we expect professionalism, management responsibility and just actions, now and in future.
See Etoros Cost for total estimate of Etoros loses as a result of all above.
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