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Friday, 02/24/2023 9:24:47 AM

Friday, February 24, 2023 9:24:47 AM

Post# of 6278
eToro.com broker and SOFI brokers are useless............

So in my continued experimenting with new online brokers, I decided to open up etoro.com and sofi.com brokerage accounts. They are both terrible. Don't bother trying them.

I opened them both a few weeks ago, and I have not placed one trade in either, simply because the number of stocks they have available for trading is so limited. Every single time I entered a NASDAQ stock it was not recognized..... every time. If you want to trade IBM, Microsoft, etc (very very well known companies) then fine, but otherwise avoid.

So I decided to withdraw the funds, but Etoro was not letting me withdraw the $15 in funds I deposited for experimenting.
I was told I cannot withdraw my $15 from etoro because there is a minimum of $30 you need in order to withdraw, so I have to actually deposit another $15 in order to withdraw the $30. Something to do with the fact that depositing/withdrawing funds is done with a debit card, rather than ACH deposit/withdrawals.

oh well, I had to experiment just to see what the latest online brokers are doing.

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