I have a demo account with them. But I am afraid to deposit real money until I find out about their legitimacy. Have anyone in Asia successfully withdrawn money from them? I am planning to start trade with $5000 which I earned through stock market trading in my country. So I hope I will get some genuine answers here?
Thank you all in advance.
I think I can answer your question well since I am from Sri Lanka and I have actually withdrawn money from eToro. It was a wonderful experience. To this date I never had to deposit more than my initial deposit. Because of their chat system and great trend tools I have managed to roll my profits again and again.
I deposited money through credit card and I withdraw money to my credit card. If you have the paypal receiving ability the process will be much smoother. Since I do not have a full functioning paypal account (My country is not supported) I have to get my winnings through credit card.
I love it when I see funds available in my VISA when I go to withdraw it from the nearest ATM machine. eToro has never let me down. I like them very much so I wrote 2 posts about them in my blog.
Since you are planning to deposit $5000 I advise you to do a bank transfer. If you do that you are eligible to withdraw through a cheque.
Do not worry about their legitimacy. I have introduced more than dozen clients to eToro and they all are really happy with them. No one has faced any troubles so far with the withdrawals.
If I were you I wouldn’t hesitate for a moment to start trading for real.
Eranda Ranasingha.
Sri Lanka.
