I just created an etoro account, but they put me in the UK instead of AUS. Should I request to move to Aus?



This post has been edited by kenloh7: Jan 31 2021, 02:27 PM

How many day you wait for they verify your account?

Interesting, too bad I don't have a VISA/MC that has cashback. Kinda regret going for Maybank.

Afaik only eToro AUS has real shares. Otherwise you're trading CFDs which aren't as good.

reposting from another thread:

pros:
UI is simple, good for beginners
easy to fund (credit card/online transfer from malaysian banks)
popular investor program. (can copy portfolio or just follow manually)
get latest investment ideas from like-minded investors(something like FB/Linkedin for investments)
access to crpyto on cfd
access to US market (underlying asset)
no non-active account fees

cons:
limited tickers on global market (not all counters are available compared to ibkr)
no call/put options
spread is higher compared to ibkr (even though they claim that they are commission fee)

Verify as in being able to deposit? Right after i complete my profile, I deposit money from Bigpay and waiting for Monday to fulfill my trade.

This is my order window, this isn't CFD right?

Yeah that isn't CFD. You're buying actual shares if it shows that so it should be good.

Im kinda curious since you all said that Malaysians automatically get enrolled in AUS so I'm surprised when im under UK hmm
If so, I should remain under UK and not change anything?

This post has been edited by kenloh7: Feb 1 2021, 08:53 AM

Anyone have the same problem as me?

Tried signing up with eToro since last week but I just don't receive SMS notification code for verification no matter what.

Stucks at 80% completion

This post has been edited by JohnsonLoi: Feb 1 2021, 10:17 AM

Did you put correct number in or put in additional 0?

I didn't put 0. Since it already shows +60 in the grey box

I straight away type 1xxxxxxx

i dont have issue with mine, after putting my number i got instant SMS.

Mine also register under UK.

i couldnt even search AMC and put it on my watchlist ... Did eToro remove AMC entirely? weird
i know they don allow trading on it, but at least they should allow it to be on watchlist?

yea, its not on etoro. not sure why

use real broker la. etoro doesn't have all tickers

UK has always been buying underlying assets.
AUS used to be CFDs but they change it to underlying asset last year.

dear experts,

how do i withdraw money from an etoro account? are they legit coz when i sign up they even ask for my tax return number?
i'm new to this

thanks

Legit, but most people dont make money, just one way deposit. So dont worry about withdrawals

It seems like it's alright to use etoro for longer term trading but not so recommended for day trading due to the potential delay/technical issues?

Which broker would u guys recommend if I'd like to start off day trading? Considering the reliability, cost efficiency etc. ?

Blockchain app! I used it in the US for doing small businesses in BTC as it is safer because I don't want to pay taxes while I am studying haha