**Response to social statement about closing positions**
In the last few days there have been a large number of comments on our feeds around the closure of positions. We want to take this opportunity to clarify that it is never eToro’s goal to close positions. As an online investment community we exist to enable our users to participate in the capital markets.
Manual positions on our platform are kept open as long as the requested Take Profit or Stop Loss rates are not reached in the market or a manual request is not made to close the position.
As a regulated broker, we must always act in line with the regulations of the regions in which we operate and within the scope of what the market can offer.
Some corporate events, such as delistings, and certain market events, such as contract rollovers (for example on instruments like Copper or ChinaA 50) may cause a position to close at the last traded rate.
From time to time there may also be extraordinary circumstances that will require positions to be closed or for trading limitations to be applied. These circumstances could include regulatory requirements, new laws or directives and/or risk management decisions. Such events may come with advance notice, while others may not but we will inform our users of any changes as soon as we can.
We hope that this explanation is reassuring. We strive to provide the very best service investment experience for our clients.
Sincerely,
The eToro Team
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