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Score
China
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 7
Exposure
Score
Regulatory Index0.00
Business Index6.28
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Etore Financial Limited
Company Abbreviation
Etore
Platform registered country and region
China
Company website
Company summary
Pyramid scheme complaint
Expose
earned 94 000 thousand and they blocked and disabled me
I was blocked when I tried to withdraw my earnings. They took my $5,000 deposit, and I earned $120,000. I have evidence, but I can't do anything.
I opened an MT5 account with someone whose line account is MT5Vicky. My account currently has 310367.69usd --- Even after paying all the taxes and fees she requested, I still cannot withdraw ――I don't know what to do now, so I decided to announce it here. Can anyone help me? Thank you from deep of my heart!
Please be aware of Etore Financial Limited, they keep asking for deposit and never approve withdrawal.When I started to trade they provided a fake license and a fake website. Once my MT5 account started to grow, I noticed a wrong doing of the admin in charge with my account, which leaded to a huge loss. I asked to withdraw the remaining amount and he refused. I sent an email to customer service but the email is not valid, so there is no customer service. They operate on MT5 as ETORE FINANCIAL LIVE. Do not cooperate with them, unless you want to loose your money. Attached proofs
With total funds of $ 35189, I tried to withdraw and paid the fee as the manager told me, but I still can't withdraw. Help me
I opened an MT5 account with a person whose line account is MT5 Vicky. Currently, there is an amount of 310367.69usd in my account. After I paid all the taxes and fees she requested, I still can't withdraw the money . Please help me. I sincerely thank you
Registered in | China |
Regulated by | No effective regulation at this time |
Year(s) of establishment | 1-2 years |
Trading instruments | Information not available |
Minimum Initial Deposit | Information not available |
Maximum Leverage | Information not available |
Minimum spread | Information not available |
Trading platform | Information not available |
Deposit and withdrawal method | Information not available |
Customer Service | |
Fraud Complaints Exposure | Yes |
Note: At this time, we only have a cursory look at Etore as the company's official website (https://etorefinancial.com/ ) does not open properly.
Risk Warning
Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.
Screenshot time: 02/10/2023
The scores provided by WikiFX are dynamic and track the broker's movements in real time, so the scores screened at the current time are not indicative of past or future scores.
General information and regulations
Etore is registered in China and appears to be a fraudulent broker without any credible regulation, with a history of no more than 2 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.
When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.
Customer support
The support service provided by Etore is not very extensive. It can only be accessed via email. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.
Below are the details about the customer service.
Email: services@etorefinancial.com
Users exposures
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Frequent asked questions about Etore
Is this broker well regulated?
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
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User comment
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