Terrible Experience with eToro - Account Closed Without Justification
I’ve been an eToro customer since 2019, having deposited a significant amount of money and actively using the platform for years. My experience took a drastic turn last May when I received an email inviting me to try eToro Money, which also supports Bitcoin deposits. Trusting eToro, I deposited a small amount of Bitcoin.
To my surprise, eToro immediately began questioning the deposit, demanding extensive information, which I promptly provided, including the transactions related to the deposit. However, they also requested a complete export of my wallet's transactions, including unrelated transactions from years back. I found this excessive and invasive, so I declined and politely requested the return of my Bitcoin to the original address.
Instead of resolving the matter politely, they froze my Bitcoin deposit for two months and then decided to close my account altogether without a valid explanation. They were inflexible, and there was no possibility to appeal or make them reconsider.
They were unreasonable, unprofessional, and showed a complete disregard for long-term customers. Their invasive demands and lack of transparency are extremely disappointing. I do not recommend eToro to anyone.
25. September 2024
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