Urgent Update: eToro BANNED in the Philippines! Withdraw Your Cash NOW!
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- Опубликовано: 18 май 2024
- Etoro has officially been banned in the Philippines! After years of operating as a convenient trading platform for global stocks, forex, commodities, and crypto, the Securities and Exchange Commission has deemed the popular trading platform as illegal in the Philippines. In this video, I share the official statement released by the SEC and the reasons why the popular app is against its regulatory practice. More importantly, I share with you how you still withdraw your money while it remains available accessible to the Philippine public.
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#etoro
#investmentoptions
#investing
Hindi pa officially banned yan
SEC is really out of control.
How about Go trade? It will ban soon?
eh di ganun din sa go trade? sa singapore yun dba salamat sa sasagot?
No word yet from the SEC on Gotrade but based on these guidelines, I wouldn't be surprised if they're next
@@ZiggingbyMarkSigg in Indonesia GoTrade eventually establisched GoTrade Indonesia platform. I'm still using both GoTrade International and Indonesia.
Hello sir maybe you can answer my question what happens if Etoro becomes banned? Can you still use apps like VPns to access the account?
Maybe, sorry i haven't tried
Thoughts on crypto?
ang panget kasi sa shari shari. iple-place ung order mo sa masmataas sa current price ng stocks. ganun din sa pag-sell, iple-place naman sa masmababa sa current price.
😅
Pwede ko ba gamitin ung Bank transfer kahit wlaa akong dollar account sa BDO?
Yes
mas malaki pa makuha mo kasi walang BDO inward remittance charge na 8usd. convertion fee lang na 200 pesos mababawas unlike pag papunta sa dollar savings account .
Is Wise considered licensed since they now have Wise Pilipinas Inc. locally?
They recently launched locally so it seems they are officially established here
So better s banks nlng invest po noh? S&P? Takot nko s ibang broker
Yes, for peace of mind
sir ask lang po is it possible to use vpn incase ma ban ang etoro?
Haven't tried it but that should within the scope of a VPN service
If nasa pinas lng db lods kpg balik abroad ma access na uli
Yes
That is why I didn't jump into the eToro bandwagon. I use a service not approved by our SEC.
Ang Go trade po ba eh license sa atin
There are no foreign brokers supported by the SEC. They want them all out.
hindi
they should not ban it. people must be able to invest whereever they want
hmm it's not entirely bad though. Yes you can invest where ever you want but also dapat may security parin. Kasi pag bigla nawala pera mo jan sa etoro kanino ka lalapit? sino mag iinforce ba makuha mo yung pera mo? so dapat talaga may nag momonitor sa mga ganto at dapat well regulated sila to stop fraud from happening.
Sec should posts what are apps legal
Political to BS para sa pinas ka mag invest Ma I pull out lahat
Will still invest in global markets via UITFs. Even with this, still not looking to invest heavily in the local market 😅
@@ZiggingbyMarkSigg true
@@ZiggingbyMarkSiggsir mark, san specific po? Kung mababanned din gotrade 🥲
No mention yet, let's see 😕 although Gotrade working more closely with Unionbank, BPI, and GCash, i hope there's more of a fighting chance
@@ZiggingbyMarkSigg hopefully sir, ito pa naman pinaka madaling way for me to invest sa global market 🥹
Wait, has there been an official announcement? I only heard of a warning from SEC. No official ban imposed.
magpull out na ko sa go trade
next is XM naman, kalaban talaga ang SEC
Banning etoro is actually for the benefit of Filipino investors since etoro has no legal personality in the country. If you have complaints against etoro, you cannot sue it in the country. That’s a big problem.
SeedIn is legit and registered here in the country so I hope the SEC will be able to demand the company to pay back the investors using their platform 😅
Anong benefit s filipino eh pag mag withdraw me ngayon malaki lugi ko kc bagsak p yung ibang stock malamng hihintayin mo muna mka recover o tumaas bago mg sell perwisyo kamo
😅 Nothing more than clickbait. No different from Binance scare tactics.
It will be impossible to block the inward remittance coming from etoro or they will ban all the banks from the country that there was an etoro. If that is the case will be lacking a dollar reserve and the price of dollar will hike like diamonds peso will fall and welcome to sri lanka😁.
Exactly my point. That's why this click bait is no different than Binance ban click bait. Just threats with no deadline.
Please do more of this click baits using threats with no deadlines.
People can access Binance after several months of click bait threats with no deadlines.
Your viewer really love click baits and will surely gain more followers.