Etoro - Revision history

Sojourna: Clean-up.

2026-02-27T00:28:55Z

Clean-up.

← Older revision		Revision as of 00:28, 27 February 2026
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	\|Founded=2007		\|Founded=2007
	\|Industry=Financial		\|Industry=Financial
	\|Logo=~~Etoro_logo.svg~~.png		\|Logo=Etoro logo.png
	\|ParentCompany=		\|ParentCompany=
	\|Type=Private		\|Type=Private
	\|Website=https://www.etoro.com		\|Website=https://www.etoro.com
	}}		}}
	'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|date=21 Mar 2023 \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]] \|archive-url=http://web.archive.org/web/20240625064350/https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|archive-date=25 Jun 2024}}</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>{{Cite web \|last=Nasr \|first=Tony \|date=5 Jan 2025 \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Investing the Web]] \|archive-url=http://web.archive.org/web/20251013093118/https://investingintheweb.com/brokers/etoro-statistics/ \|archive-date=13 Oct 2025}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|date=27 Sep 2024 \|title=eToro acquires Australian investing app for $55m \|url=https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|url-status=live \|access-date=15 Mar 2025 \|website=[[TechInAsia]] \|archive-url=http://web.archive.org/web/20250405152854/https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|archive-date=5 Apr 2025}}</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}

	$1		'''{{Wplink\|eToro}}''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|last=Nishant \|first=Niket \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|website=Reuters \|date=21 Mar 2023 \|access-date=26 Feb 2026 \|url-status=live \|archive-url=http://web.archive.org/web/20240625064350/https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|archive-date=25 Jun 2024}}</ref> At the beginning of 2025, the company filed for {{Wplink\|Nasdaq}}.<ref>{{Cite web \|last=Nasr \|first=Tony \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|website=Investing the Web \|date=5 Jan 2025 \|access-date=15 Mar 2025 \|url-status=live \|archive-url=http://web.archive.org/web/20251013093118/https://investingintheweb.com/brokers/etoro-statistics/ \|archive-date=13 Oct 2025}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|author= \|title=eToro acquires investment app Spaceship in $80M Australia expansion move \|url=https://www.spaceship.com.au/news/etoro-acquires-spaceship-2024/ \|website=Spaceship \|date=25 Sep 2024 \|access-date=26 Feb 2026 \|url-status=live \|archive-url=https://web.archive.org/web/20241001134909/https://www.spaceship.com.au/news/etoro-acquires-spaceship-2024/ \|archive-date=1 Oct 2024}}</ref> and over 3.2 million funded accounts.

	==Consumer impact summary==		==Consumer impact summary==
	{{~~Placeholder box\|Overview of concerns that arise from~~ the ~~company's conduct regarding (if applicable~~):		{{Ph-C-CIS}}
	* User Freedom		The platform automatically sends your information to your local government, however they only display your profits and losses in their sloppy web interface (which the Spanish government requires you to declare yearly) unless you join their [https://www.etoro.com/about/club/ eToro Club]. If you don't join, they don't let you download the .csv file containing every transaction, and you have to go through potentially hundreds of pages copying and pasting every transaction separately.<!-- Needs to be rewritten. -Sojourna -->
	* User Privacy
	* Business Model
	* Market Control}}

	$2
	==Incidents==		==Incidents==
	{{~~Placeholder box~~\|~~The platform automatically sends your information~~ to ~~your local government~~, ~~however they only display your profits~~ and ~~losses~~ in ~~their sloppy~~ web ~~interface (which the Spanish government requires you to declare yearly) unless you join their [~~https://www.~~etoro~~.com/~~about~~/~~club~~/ ~~eToro Club]~~. ~~If you don't join, they don't let you download the~~ .~~csv file containing every transaction, and you have to go through potentially hundreds of pages copying and pasting every transaction separately~~.}}		This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].

			===Leveraged crypto position closures (''2021'')===
			On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>{{Cite web \|last=Hirtenstein \|first=Anna \|title=Online Platform eToro Called in Leveraged Crypto Trades When Bitcoin Price Peaked \|url=https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|url-access=subscription \|website=The Wall Street Journal \|date=11 Jan 2021 \|access-date=15 Mar 2025 \|url-status=live \|archive-url=http://web.archive.org/web/20210112105703/https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|archive-date=12 Jan 2021}}</ref>

	~~This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].~~		===Closure of customer positions in Magnit shares (''2022'')===
	*'''Leveraged crypto position closures''': On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>{{Cite web \|last=~~Hirtenstein \|first~~=~~Anna \|date~~=11 Jan 2021 \|title=Online Platform eToro Called in Leveraged Crypto Trades When Bitcoin Price Peaked \|url=https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|url-status=live \|access-date=15 Mar 2025 \|website=[[The Wall Street Journal]] \|archive-url=http://web.archive.org/web/20250404194733/https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|archive-date=4 Apr 2025}}</ref>		On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the {{Wplink\|2022 Russian invasion of Ukraine\|Russian invasion of Ukraine in February 2022}}, Magnit shares were worth $14.20 a share.<ref>{{Cite web \|last1=Wells \|first1=Charlie \|last2=Gyftopoulou \|first2=Loukia \|title=Russian Stock Dumped for 1 Cent Shocks Retail Investors on EToro \|url=https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|url-access=subscription \|website=Bloomberg \|date=5 March 2022 \|access-date=26 Feb 2026 \|url-status=live \|archive-url=http://web.archive.org/web/20220306001651/https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|archive-date=6 Mar 2022}}</ref><ref>{{Cite web \|last=Paz \|first=Javier \|title=EToro Clients Up In Arms Over Forced Exit From Russian Investments \|url=https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b \|website=Forbes \|date=4 Mar 2022 \|access-date=26 Feb 2026 \|url-status=live \|archive-url=http://web.archive.org/web/20220308052439/https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=98cf5c51f8b1 \|archive-date=8 Mar 2022}}</ref>
	*'''Closure of customer positions in Magnit shares''': On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the Russian invasion of Ukraine in February 2022, Magnit shares were worth $14.20 a share.<ref>{{Cite web \|~~last~~=Wells \|~~first~~=Charlie \|last2=Gyftopoulou \|first2=Loukia ~~\|date=5 March 2022~~ \|title=Russian Stock Dumped for 1 Cent Shocks Retail Investors on EToro \|url=https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|url-~~status~~=~~live~~ \|access-date=~~15 Mar 2025~~ \|~~website~~=~~[[Bloomberg]]~~ \|archive-url=http://web.archive.org/web/~~20250826164011~~/https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|archive-date=~~26 Aug 2025~~}}</ref><ref>{{Cite web \|last=Paz \|first=Javier ~~\|date=4 Mar 2022~~ \|title=EToro Clients Up In Arms Over Forced Exit From Russian Investments \|url=https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b \|~~url-status~~=~~live~~ \|access-date=~~15 Mar 2025~~ \|~~website~~=~~[[Forbes]]~~ \|archive-url=http://web.archive.org/web/~~20250708183854~~/https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=~~59053f2d1f8b~~ \|archive-date=8 ~~Jul 2025~~}}</ref>
	*'''False advertising in Italy''': In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such ~~nondisclosures~~ induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>{{Cite web \|~~date~~=~~17 Jul 2023~~ \|title=PS12313 - Italian Competition Authority: eToro fined 1.3 million euro for misleading advertising \|url=https://en.agcm.it/en/media/press-releases/2023/7/PS12313 \|~~url-status~~=~~live~~ \|access-date=15 Mar 2025 \|~~website~~=~~[[AGCM]]~~}}</ref><ref>{{Cite web \|~~date~~=~~17 Jul 2023~~ \|title=Italy antitrust body fines eToro for misleading consumers \|url=https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|~~url-status~~=~~live~~ \|access-date=15 Mar 2025 \|~~website~~=~~[[Reuters]]~~ \|archive-url=http://web.archive.org/web/20230718194145/https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|archive-date=18 Jul 2023}}</ref>		===False advertising in Italy (''2023'')===
			In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such non-disclosures induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>{{Cite web \|author= \|title=PS12313 - Italian Competition Authority: eToro fined 1.3 million euro for misleading advertising \|url=https://en.agcm.it/en/media/press-releases/2023/7/PS12313 \|website=AGCM \|date=17 Jul 2023 \|access-date=15 Mar 2025 \|url-status=live \|archive-url=https://ghostarchive.org/archive/fPDPn \|archive-date=27 Feb 2026}}</ref><ref>{{Cite web \|last=Pollina \|first=Elvira \|title=Italy antitrust body fines eToro for misleading consumers \|url=https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|website=Reuters \|date=17 Jul 2023 \|access-date=15 Mar 2025 \|url-status=live \|archive-url=http://web.archive.org/web/20230718194145/https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|archive-date=18 Jul 2023}}</ref>

	==Products==		==Products==
	{{~~Placeholder box\|This is a list of the company's product lines with articles on this wiki.~~		{{Ph-C-P}}
	* [[Example product line one]] (release date): Short summary of the product's incidents.
	* [[Example product line two]] (release date):}}


	==See also==		==See also==
	{{~~Placeholder box\|Link to relevant theme articles or companies with similar incidents.~~}}		{{Ph-C-SA}}


	==References==		==References==
	{{~~reflist~~}}		{{Reflist}}

	[[Category:{{PAGENAME}}]]		[[Category:{{PAGENAME}}]]

Bananabot: Added archive URLs for 7 citation(s) using CRWCitationBot

2026-02-23T04:21:40Z

Added archive URLs for 7 citation(s) using CRWCitationBot

← Older revision		Revision as of 04:21, 23 February 2026
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	\|Website=https://www.etoro.com		\|Website=https://www.etoro.com
	}}		}}
	'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|date=21 Mar 2023 \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]]}}</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>{{Cite web \|last=Nasr \|first=Tony \|date=5 Jan 2025 \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Investing the Web]]}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|date=27 Sep 2024 \|title=eToro acquires Australian investing app for $55m \|url=https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|url-status=live \|access-date=15 Mar 2025 \|website=[[TechInAsia]]}}</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}		'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|date=21 Mar 2023 \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]] \|archive-url=http://web.archive.org/web/20240625064350/https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|archive-date=25 Jun 2024}}</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>{{Cite web \|last=Nasr \|first=Tony \|date=5 Jan 2025 \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Investing the Web]] \|archive-url=http://web.archive.org/web/20251013093118/https://investingintheweb.com/brokers/etoro-statistics/ \|archive-date=13 Oct 2025}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|date=27 Sep 2024 \|title=eToro acquires Australian investing app for $55m \|url=https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|url-status=live \|access-date=15 Mar 2025 \|website=[[TechInAsia]] \|archive-url=http://web.archive.org/web/20250405152854/https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|archive-date=5 Apr 2025}}</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}

	$1		$1
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	This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].		This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].
	*'''Leveraged crypto position closures''': On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>{{Cite web \|last=Hirtenstein \|first=Anna \|date=11 Jan 2021 \|title=Online Platform eToro Called in Leveraged Crypto Trades When Bitcoin Price Peaked \|url=https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|url-status=live \|access-date=15 Mar 2025 \|website=[[The Wall Street Journal]]}}</ref>		*'''Leveraged crypto position closures''': On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>{{Cite web \|last=Hirtenstein \|first=Anna \|date=11 Jan 2021 \|title=Online Platform eToro Called in Leveraged Crypto Trades When Bitcoin Price Peaked \|url=https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|url-status=live \|access-date=15 Mar 2025 \|website=[[The Wall Street Journal]] \|archive-url=http://web.archive.org/web/20250404194733/https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|archive-date=4 Apr 2025}}</ref>
	*'''Closure of customer positions in Magnit shares''': On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the Russian invasion of Ukraine in February 2022, Magnit shares were worth $14.20 a share.<ref>{{Cite web \|last=Wells \|first=Charlie \|last2=Gyftopoulou \|first2=Loukia \|date=5 March 2022 \|title=Russian Stock Dumped for 1 Cent Shocks Retail Investors on EToro \|url=https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|url-status=live \|access-date=15 Mar 2025 \|website=[[Bloomberg]]}}</ref><ref>{{Cite web \|last=Paz \|first=Javier \|date=4 Mar 2022 \|title=EToro Clients Up In Arms Over Forced Exit From Russian Investments \|url=https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b \|url-status=live \|access-date=15 Mar 2025 \|website=[[Forbes]]}}</ref>		*'''Closure of customer positions in Magnit shares''': On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the Russian invasion of Ukraine in February 2022, Magnit shares were worth $14.20 a share.<ref>{{Cite web \|last=Wells \|first=Charlie \|last2=Gyftopoulou \|first2=Loukia \|date=5 March 2022 \|title=Russian Stock Dumped for 1 Cent Shocks Retail Investors on EToro \|url=https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|url-status=live \|access-date=15 Mar 2025 \|website=[[Bloomberg]] \|archive-url=http://web.archive.org/web/20250826164011/https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|archive-date=26 Aug 2025}}</ref><ref>{{Cite web \|last=Paz \|first=Javier \|date=4 Mar 2022 \|title=EToro Clients Up In Arms Over Forced Exit From Russian Investments \|url=https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b \|url-status=live \|access-date=15 Mar 2025 \|website=[[Forbes]] \|archive-url=http://web.archive.org/web/20250708183854/https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b \|archive-date=8 Jul 2025}}</ref>
	*'''False advertising in Italy''': In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such nondisclosures induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>{{Cite web \|date=17 Jul 2023 \|title=PS12313 - Italian Competition Authority: eToro fined 1.3 million euro for misleading advertising \|url=https://en.agcm.it/en/media/press-releases/2023/7/PS12313 \|url-status=live \|access-date=15 Mar 2025 \|website=[[AGCM]]}}</ref><ref>{{Cite web \|date=17 Jul 2023 \|title=Italy antitrust body fines eToro for misleading consumers \|url=https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]]}}</ref>		*'''False advertising in Italy''': In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such nondisclosures induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>{{Cite web \|date=17 Jul 2023 \|title=PS12313 - Italian Competition Authority: eToro fined 1.3 million euro for misleading advertising \|url=https://en.agcm.it/en/media/press-releases/2023/7/PS12313 \|url-status=live \|access-date=15 Mar 2025 \|website=[[AGCM]]}}</ref><ref>{{Cite web \|date=17 Jul 2023 \|title=Italy antitrust body fines eToro for misleading consumers \|url=https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]] \|archive-url=http://web.archive.org/web/20230718194145/https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|archive-date=18 Jul 2023}}</ref>

	==Products==		==Products==

Bythmusters: Copied info from infobox to cargo

2026-01-25T14:51:31Z

Copied info from infobox to cargo

← Older revision		Revision as of 14:51, 25 January 2026
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	{{StubNotice}}		{{StubNotice}}
			{{CompanyCargo
	{{~~InfoboxCompany~~		\|Description=
	\| ~~Name = {{PAGENAME}}~~		\|Founded=2007
	~~\| Type~~ =~~Private~~		\|Industry=Financial
	\| Founded =2007		\|Logo=Etoro_logo.svg.png
	\| Industry =Financial ~~services, online trading~~.		\|ParentCompany=
	\| ~~Official~~ Website =https://www.etoro.com		\|Type=Private
	~~\| Logo =Etoro_logo.svg.png~~		\|Website=https://www.etoro.com
	}}'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|date=21 Mar 2023 \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]]}}</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>{{Cite web \|last=Nasr \|first=Tony \|date=5 Jan 2025 \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Investing the Web]]}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|date=27 Sep 2024 \|title=eToro acquires Australian investing app for $55m \|url=https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|url-status=live \|access-date=15 Mar 2025 \|website=[[TechInAsia]]}}</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}		}}
			'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|date=21 Mar 2023 \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]]}}</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>{{Cite web \|last=Nasr \|first=Tony \|date=5 Jan 2025 \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Investing the Web]]}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|date=27 Sep 2024 \|title=eToro acquires Australian investing app for $55m \|url=https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|url-status=live \|access-date=15 Mar 2025 \|website=[[TechInAsia]]}}</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}

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Emanuele: fixed all references formatting

2025-03-15T20:16:28Z

fixed all references formatting

← Older revision		Revision as of 20:16, 15 March 2025
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	\| Official Website =https://www.etoro.com		\| Official Website =https://www.etoro.com
	\| Logo =Etoro_logo.svg.png		\| Logo =Etoro_logo.svg.png
	}}'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>https://investingintheweb.com/brokers/etoro-statistics/</ref> In September 2024, eToro had 38 million registered users,<ref>https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}		}}'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>{{Cite web \|date=21 Mar 2023 \|title=Israel's eToro valued at $3.5 bln in funding round, months after ending SPAC deal \|url=https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]]}}</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>{{Cite web \|last=Nasr \|first=Tony \|date=5 Jan 2025 \|title=eToro statistics 2025: assets under management (AUM), number of users, revenue, & more \|url=https://investingintheweb.com/brokers/etoro-statistics/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Investing the Web]]}}</ref> In September 2024, eToro had 38 million registered users,<ref>{{Cite web \|date=27 Sep 2024 \|title=eToro acquires Australian investing app for $55m \|url=https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m \|url-status=live \|access-date=15 Mar 2025 \|website=[[TechInAsia]]}}</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}

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	This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].		This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].
	*'''Leveraged crypto position closures''': On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892</ref>		*'''Leveraged crypto position closures''': On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>{{Cite web \|last=Hirtenstein \|first=Anna \|date=11 Jan 2021 \|title=Online Platform eToro Called in Leveraged Crypto Trades When Bitcoin Price Peaked \|url=https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892 \|url-status=live \|access-date=15 Mar 2025 \|website=[[The Wall Street Journal]]}}</ref>
	*'''Closure of customer positions in Magnit shares''': On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the Russian invasion of Ukraine in February 2022, Magnit shares were worth $14.20 a share.<ref>https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale</ref><ref>https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b</ref>		*'''Closure of customer positions in Magnit shares''': On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the Russian invasion of Ukraine in February 2022, Magnit shares were worth $14.20 a share.<ref>{{Cite web \|last=Wells \|first=Charlie \|last2=Gyftopoulou \|first2=Loukia \|date=5 March 2022 \|title=Russian Stock Dumped for 1 Cent Shocks Retail Investors on EToro \|url=https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale \|url-status=live \|access-date=15 Mar 2025 \|website=[[Bloomberg]]}}</ref><ref>{{Cite web \|last=Paz \|first=Javier \|date=4 Mar 2022 \|title=EToro Clients Up In Arms Over Forced Exit From Russian Investments \|url=https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b \|url-status=live \|access-date=15 Mar 2025 \|website=[[Forbes]]}}</ref>
	*'''False advertising in Italy''': In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such nondisclosures induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>https://en.agcm.it/en/media/press-releases/2023/7/PS12313</ref><ref>https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/</ref>		*'''False advertising in Italy''': In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such nondisclosures induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>{{Cite web \|date=17 Jul 2023 \|title=PS12313 - Italian Competition Authority: eToro fined 1.3 million euro for misleading advertising \|url=https://en.agcm.it/en/media/press-releases/2023/7/PS12313 \|url-status=live \|access-date=15 Mar 2025 \|website=[[AGCM]]}}</ref><ref>{{Cite web \|date=17 Jul 2023 \|title=Italy antitrust body fines eToro for misleading consumers \|url=https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/ \|url-status=live \|access-date=15 Mar 2025 \|website=[[Reuters]]}}</ref>

	==Products==		==Products==

Emanuele: expanded

2025-03-10T20:56:35Z

expanded

← Older revision		Revision as of 20:56, 10 March 2025
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	\| Official Website =https://www.etoro.com		\| Official Website =https://www.etoro.com
	\| Logo =Etoro_logo.svg.png		\| Logo =Etoro_logo.svg.png
	}}{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}		}}'''[[wikipedia:EToro#Controversies\|eToro]]''' is a social trading and multi-asset investment company focused on providing financial services. In 2023, the company valuation was $3.5 billion.<ref>https://www.reuters.com/markets/deals/israels-etoro-valued-35-bln-funding-round-months-after-ending-spac-deal-2023-03-21/</ref> At the beginning of 2025, the company filed for Nasdaq.<ref>https://investingintheweb.com/brokers/etoro-statistics/</ref> In September 2024, eToro had 38 million registered users,<ref>https://www.techinasia.com/news/etoro-acquires-australian-investing-app-55m</ref> and over 3.2 million funded accounts.{{Placeholder box\|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}

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	This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].		This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}\|{{PAGENAME}} category]].
	*~~[[Example incident one]] (date)~~: ~~Short summary of~~ the ~~incident (could~~ be the ~~same as~~ the ~~summary preceding~~ the ~~article)~~.		*'''Leveraged crypto position closures''': On 8 January 2021, eToro notified its European customers that "due to exceptional market volatility within the crypto markets", margin positions for all leveraged crypto positions must be closed and turned into non-leveraged. Customers were cautioned that non-compliance would result in position closures within four hours.<ref>https://www.wsj.com/articles/online-platform-etoro-called-in-leveraged-crypto-trades-when-bitcoin-price-peaked-11610389892</ref>
	*[[Example incident two]] (date):		*'''Closure of customer positions in Magnit shares''': On 2 March 2022, eToro closed customers' positions in Magnit shares at $0.01 a share, paying out customers. Before the Russian invasion of Ukraine in February 2022, Magnit shares were worth $14.20 a share.<ref>https://www.bloomberg.com/news/articles/2022-03-05/russia-stock-market-controversy-etoro-blindsides-traders-with-magnit-sale</ref><ref>https://www.forbes.com/sites/javierpaz/2022/03/04/etoro-clients-up-in-arms-over-forced-exit-from-russian-investments/?sh=59053f2d1f8b</ref>
			*'''False advertising in Italy''': In 2023, the Italian Competition Authority imposed a fine of €1.3 million on eToro for misleading advertising. The Authority concluded that eToro's Italian website promoted zero-commission share trading and did not disclose multiple costs and financial risks, including currency exchange rate fluctuations and functional limits on clients' rights. Such nondisclosures induced customers to act in ways they would not have acted, in violation of Articles 20, 21, and 22 of the Italian Consumer Code.<ref>https://en.agcm.it/en/media/press-releases/2023/7/PS12313</ref><ref>https://www.reuters.com/business/italy-antitrust-body-fines-etoro-misleading-consumers-2023-07-17/</ref>

	==Products==		==Products==

Keith at 21:33, 17 February 2025

2025-02-17T21:33:59Z

← Older revision		Revision as of 21:33, 17 February 2025
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			{{StubNotice}}

	{{InfoboxCompany		{{InfoboxCompany
	\| Name = {{PAGENAME}}		\| Name = {{PAGENAME}}

RokaSwK: I created the page, completed the infobox, added the logo and began writing about an anti-consumer practice regarding taxes.

2025-02-17T17:22:33Z

I created the page, completed the infobox, added the logo and began writing about an anti-consumer practice regarding taxes.

New page

{{InfoboxCompany
| Name = {{PAGENAME}}
| Type =Private
| Founded =2007
| Industry =Financial services, online trading.
| Official Website =https://www.etoro.com
| Logo =Etoro_logo.svg.png
}}{{Placeholder box|An introductory paragraph starting with "'''{{PAGENAME}}''' is a ...<ref name":0">ref goes here</ref>"}}

$1
==Consumer impact summary==
{{Placeholder box|Overview of concerns that arise from the company's conduct regarding (if applicable):
* User Freedom
* User Privacy
* Business Model
* Market Control}}

$2
==Incidents==
{{Placeholder box|The platform automatically sends your information to your local government, however they only display your profits and losses in their sloppy web interface (which the Spanish government requires you to declare yearly) unless you join their [https://www.etoro.com/about/club/ eToro Club]. If you don't join, they don't let you download the .csv file containing every transaction, and you have to go through potentially hundreds of pages copying and pasting every transaction separately.}}

This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}|{{PAGENAME}} category]].
*[[Example incident one]] (date): Short summary of the incident (could be the same as the summary preceding the article).
*[[Example incident two]] (date):

==Products==
{{Placeholder box|This is a list of the company's product lines with articles on this wiki.
* [[Example product line one]] (release date): Short summary of the product's incidents.
* [[Example product line two]] (release date):}}

==See also==
{{Placeholder box|Link to relevant theme articles or companies with similar incidents.}}

==References==
{{reflist}}

[[Category:{{PAGENAME}}]]