What happens to my money if eToro goes bust?
I'm concerned about the safety of my funds in eToro. If the platform goes bust, what will happen to the money I've invested? Will I lose everything or is there some sort of protection mechanism in place?
Is it safe to keep money in eToro?
I am considering keeping my money in eToro, but I am not sure if it is safe. I would like to know if eToro is a reliable platform for storing funds.
Does eToro report to the IRS?
I am an investor on eToro and I am wondering if they report any of my transactions or earnings to the IRS. I need to know if I have to manually report my investments or if eToro already does that for me.
Can I day trade with eToro?
I am interested in day trading and wondering if it is possible to do so with eToro. I would like to know if eToro supports day trading activities and what are the requirements or limitations, if any.
What are the risks of using eToro?
I am concerned about the potential risks of using eToro. Could someone please enumerate the possible dangers or disadvantages I should be aware of before investing my money through this platform?