Verified: Fake EToro Is Operated Through The Website Https://www.etornso.com/#/home.
On December 2, 2024, The Monetary Authority Of Singapore (MAS) Issued A Warning That Fake EToro Was Not Authorized To Offer Financial Services Or Products.
Reviewed Fake EToro Is An Unregulated Broker
According To Its Website, It Claims To Be Regulated By The Monetary Authority Of Singapore (MAS) And The Bahamas Securities Board (SCB). Upon Investigation, No Matching Information Was Found In The SCB.
In Addition, The Monetary Authority Of Singapore (MAS) Has Issued A Warning That Fake EToro Provides Financial Services Or Products Without Authorization.
In Essence, Fake EToro Is Not Regulated By Any Governing Body. Entrusting Its Funds To Investors Is High Risk As There Are No Legal Safeguards To Protect The Funds.
Fake EToro Appears To Be A Scam.
And Most Brokers That Are Not Compliant Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: Fake EToro As An Unregulated Broker Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
