This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Asic alleges eToro’s target market for the leveraged trading ...

The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform. Australia’s financial regulator has sued eToro ...

Benzinga - Australia's market regulator, the Securities and Investments Commission (ASIC), has initiated legal proceedings against Etoro, the online investment platform. EToro's contract for ...

ASIC has commenced proceedings in the Federal Court against online investment platform, eToro Aus Capital Limited, “regarding its contract for difference (CFD) product.” ASIC is alleging “breaches of ...

Modern trading apps increasingly combine multiple asset classes under a single roof. Robinhood and eToro pioneered the first multi-asset retail venues in the 2010s. Today, ...

The corporate regulator is taking online investment platform eToro to court, alleging that multiple breaches for selling high risk products to investors without adequate screening. The Australian ...

Disclaimer: The owners of this content may be paid to recommend eToro. The content on this page, including any positive views of eToro, may not be neutral or independent. This article does not ...

ASIC alleges that eToro's CFD target market was excessively broad. ASIC is seeking declarations and monetary penalties from the court. Our government trade tracker caught Pelosi’s 169% AI winner.

The Australian Securities & Investments Commission alleges that between October 2021 and June 2023, almost 20,000 of eToro’s clients lost money trading CFDs. eToro’s website states that 77 per cent of ...