What if eToro goes broke?

In the unlikely scenario of eToro encountering financial insolvency, stringent measures are in place to safeguard client interests. In such an event, vital records pertaining to clients' assets are promptly handed over to the designated liquidator.

The liquidator's role is pivotal in managing eToro's assets during this period of insolvency. They ensure a fair and transparent process in assessing and valuing the assets, aiming to maximize returns for clients.

If applicable, the distribution of funds among clients is carried out meticulously by the liquidator, adhering to the principles of fairness and equity. This process ensures that clients receive their rightful share of the assets in a timely and orderly manner.

Furthermore, eligible clients have an additional layer of protection through the Investor Compensation Schemes, which are tailored to their respective regulatory bodies. These schemes provide a means for clients to apply for compensation in the event of financial loss due to the insolvency of eToro or other similar events.

BTCC, as a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of traders and investors. Its services encompass spot trading, futures trading, and a secure wallet solution, among others. These services are designed to facilitate seamless and efficient transactions while ensuring the safety and security of clients' assets.