Major Trading Platform loses Social Credibility

Published on: 12/18/18 4:32 PM

Category: Newsletter

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Etoro on a downtrend

 

It’s that time of the year. It’s the last week before the Christmas Holidays and everyone is eager to make a few extra dollars. That’s not the case for traders using big time Broker eToro. According to FXbrokerFeed brokers comparison and monitoring report, in recent days the company has been on a downtrend in terms of its social credibility status with nearly a 56% increase in negative mentions and reviews compared to previous weeks.



eToro – Positive / Negative mentions



A lot of customers have been expressing complains about eToro’s proxy exchanges and being unable to transfer cryptocurrencies to their crypto wallets. With XRP as high as it is right now, traders are all storming to make a profit but only a handful have been able to do so.

You can check a full report on eToro at: https://fxbrokerfeed.com/reports/etoro/



Plus500 on the rise

On the complete opposite, a name that’s been recovering from a recent low in terms of social stature is Plus500. Over the past weeks, they’ve been suffering from poor reviews on the customer support side and problems connected to trader accounts. Last week’s negative mentions and reviews were as much as 67% higher than what we’re seeing today.

Even more, it seems that they’re also handling the present crypto fluctuations quite well for the time being which is a definite plus for the broker.

You can check a full report on Plus500 at: https://fxbrokerfeed.com/reports/plus500/

Elsewhere, Alpari, Swissquote and SaxoBank continue to hold their positions as some of the crowd favorites in terms of reliability and transparency.

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