Does eToro use brokers?
No. eToro does not use brokers and will NEVER offer to trade on your behalf.
We are aware of instances where eToro clients have been targeted by fraudsters claiming to be brokers acting on behalf of eToro. This practice, in which a fraudster claims to be someone else to try and access your account or other confidential information, is known as an imposter scam.
eToro will NEVER ask for your password, 2FA code, or full credit card number when identifying you on the phone or online.If you receive a call or email from eToro that you are suspicious about, open a ticket in our Customer Service Center to ask our Customer Service team for clarification.