The eToro Case

Have you been scammed by eToro's practices?
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On January 8, 2021, eToro closed all European customers' leveraged positions on cryptocurrencies. The closure of leveraged crypto positions was a violation of clients' property rights. The Vesenjak Law Firm, led by attorney Slavko Vesenjak, and joined by law professor Jurij Toplak, adjunct professor at Fordham Law School in New York, leads a global team of experts who assist victims of the eToro's action.

Over the past days, we have received hundreds of messages and testimonies from eToro clients. We invite you to join them, and together we can achieve justice. It will not cost you anything to submit your data and to stay informed about further developments. Our lawyers will do everything to make legal proceedings cost-free or at a low cost. We contacted European consumer protection organizations and bodies that will protect your rights. We will work with you and file lawsuits in several EU member states to achieve justice for you.

Under EU law, "terms and conditions" have to be fair. Unfair terms are not binding. The contract is not allowed to create an imbalance between your and the platform's rights and obligations. Any ambiguities will be interpreted in your favor. The eToro's "terms and conditions" are full of terms for which we are confident are unfair and unlawful. Among these are the terms under which the eToro ended your leveraged positions.

In February 2020, the price of Bitcoin, Ethereum, Litecoin and other cryptocurrencies have all grown higher than they were on January 8. You are losing profits and law legal team will help you achieve justice. As the first step, we plan to file dozens of lawsuits in Germany, the Netherlands, Austria, Slovenia, and other European Union member states. We will ask the courts to rule that your contracts-for-difference /CFD) are valid.

Some of you informed us that eToro asked you to change the margin to 100 percent. If you do so, you may lose your claim. 

Apart from the January 8 leveraged positions' closure, we have received dozens of messages and testimonies about eToro's dubious practices. Some of you called them fraudulent, and others felt deceived. Many of you requested the withdrawal of funds from eToro accounts, and after several days, money has still not arrived in your bank accounts. Others never agreed to the Terms and Conditions, which eToro claims that bind you. If you feel that eToro violated your rights or property, share your experience. We will do everything to help.

The broken leveraged positions can be restored. We will do everything to make eToro restore your leveraged positions, or get justice in any other eToro-related case you have.

Fill the form and we will send you more information on how we will together get back your leveraged positions.