To file a complaint with eToro, utilize the broker's official complaint form available on their website. Once submitted, you can monitor the status of your complaint through eToro's Customer Service Center. Ensure you provide all necessary details for a swift resolution.
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
When I first delved into the world of social trading, eToro quickly became my platform of choice. With its user-friendly tools and collaborative environment, it felt like a game-changer. However, no platform is without its hitches. I encountered a hiccup and was left wondering how to file a complaint with the eToro customer support department. Here's my firsthand account of navigating through this process.
While using the platform has been relatively smooth sailing for me, I was once faced with an unexpected account issue. There was an instance wherein the app showed a trade that I hadn’t executed, and it took me by surprise.
Consider that filing a complaint should be a final resort after you've tried all possible avenues to address a concern. Before resorting to this step, I tried the following measures:
At this point, I finally decided that a formal complaint was in order. Here's how it should be done:
Within three business days, I received a detailed response. They had investigated the issue and identified it as a rare platform glitch. They assured me of a resolution and even offered compensation for the inconvenience.
Had I not been satisfied, my next step would’ve been to escalate the complaint within eToro. I’ve heard from fellow traders that external financial regulators can also be approached if an internal resolution isn't satisfactory.
🏛️Not satisfied? Should you find eToro's support team's resolution to your complaint unsatisfactory, you have the option to escalate your grievance to the Financial Ombudsman Service within 6 months of receiving their final response letter.
From my experience, it's evident that while platforms like eToro are efficient, hitches can occur. However, open communication and a structured complaint process ensure that user concerns are addressed adequately.
Having navigated this process personally, I hope my insights offer clarity to anyone facing similar issues on the platform.
eToro is a multi-asset platform which offers both investing in stocks, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
51% of retail investor accounts lose money
