When eToro liquidates your account, you can always try opening a new one, but you must remember that you can’t use the old one. You must open a new one with a different broker. After opening a new account, you have to provide some documentation to eToro. This will help them to determine the reasons why your previous account was closed. This is the most difficult situation, but eToro support is here to help.
After you’ve signed up with eToro, you must verify your account. To verify your account, you need to upload proof of address and identity. If you’ve been trading with a different broker, you can use copytrading services, which can help you trade the market without having to learn how to trade on your own. It’s an excellent option for people who are short on time or don’t want to spend a lot of time learning how to trade.
In addition to the verification process, you’ll need to send Etoro proof of identity and address before your account can be approved. This is because the company has a policy that bans accounts with over 80% losses. Besides, it’s the whole point of using eToro to trade cryptos – they don’t want to take advantage of their users. If you don’t have time to learn how to trade, copytrading is a great option for you.
You can contact customer support and get a new broker if you’re having problems with your current broker. The company will help you if you are having trouble with your current broker, so make sure to get in touch with them right away. If you’ve made a mistake, eToro will liquidate your account and refund the money back to your original payment method. If you don’t have time to learn how to trade, try copytrading to make more money.
In my experience, eToro liquidated my account without any warning. It was a very stressful experience. The company may be scamming people. In my case, Etoro had been grooming me to deposit more money, but I was dumped without warning. The EU court found it was unlawful for Etoro to close my account and forced me to withdraw my funds. If you have a valid reason, it will give you enough time to withdraw the money and resume trading.
The eToro website advertises itself as being a legal and regulated platform for trading crypto. This isn’t true. The FCA does not regulate the cryptocurrency market. There are no laws or regulations governing Etoro. They are a company that does business in Cyprus. They are a registered financial services company. Whether they are a CySEC-regulated firm or a UK-based corporation, eToro has its own regulatory body.
When my account was liquidated, I had many questions. First, I didn’t understand why eToro was closing my account. I had no idea that my money could be in danger. I thought it was regulated but Etoro had no such regulations. So, it was completely up to the eToro to make the decision for me. The reason is unclear. I can’t even remember why my account was liquidated.
In addition, eToro claims to be a safe and regulated crypto platform. However, it does not regulate crypto and does not adhere to the FCA’s guidelines. Moreover, there are no laws or regulations protecting big investments. And if you don’t have a regulated system, you’ll likely be unable to protect your money. And, you can’t even be sure that Etoro has the legal requirements for your investments.
Another question that I’ve been asking is: Why is eToro closing my account? There’s no reason for your account to be closed, and your withdrawals will not be credited until you make a new one. In other words, eToro doesn’t regulate crypto. It is unregulated and doesn’t have a proper regulator. If you invest a lot of money in eToro, you’re at risk of losing your entire investment.