FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience.

Recently, a foreign exchange platform has caught the attention of FxGecko. Some investors have complained through the FxGecko app, and the black platform ETO Markets has been slow in closing positions!

The whistleblower stated:

• _{ETO position building and closing installation plugin, as evidenced by videos, opened an account on the ETO platform for trading on October 16, 2023, with a trading account of 6206594. My main focus is on trading gold and crude oil. Each time I open a position in gold, there is a hidden slide point of $5-15 for each order, and there is also a slide point of $10-30 for closing positions. On average, there is a slide point of $10-30 for trading a single hand of gold. More deductions for earning money}

• _{The most severe type of US crude oil, with a $10 sliding point for buying and a $10-50 sliding point for closing positions, results in less sliding for losing orders}

• _{It's not just an occasional transaction, but every time a position is built or closed, there are hidden slippage points}

• _{The order for losing money on crude oil slipped by 20-30 US dollars in one hand, making more money slipped by 40-60 US dollars in one hand}

• _{I earned 1220 yuan from two hands of crude oil to close the position, but only received 1160 yuan and deducted $60. Oh, by the way, I slipped $40 when entering the market. In addition to the original spread, the platform deducted an additional $100 from the two hand orders.}

• _{Equivalent to an average loss of $40 per transaction}

• _{100 trades result in a loss of $4000}

• _{Reacting to ETO, I started to respond to the issue of selling liquidity, admitting that there was a problem but not taking responsibility. Later, I directly flipped the blame, saying that it was because my account had added a spread that there was a hidden sliding point. Such blatant behavior is like robbery, and even black platforms cannot compare to you, right}

• _{I advise all sales and agents of ETO to stay away from this fake platform as soon as possible, and if it causes customer complaints and the company does not compensate, you will be the unlucky one.}

About ETO Markets

ETOMarkets, founded in Sydney in 2013, has grown into a trusted online trading platform for customers, with over 70 trading products including foreign exchange, precious metals, spot indices, commodities, and more. ETOMarkets utilizes the best direct processing trading model (STP) in the market, eliminating human intervention and providing stable and transparent trading execution for our traders.

ETOMarkets is committed to providing the best online trading solutions for retail and institutional investors in over 100 countries including Europe, Asia, the Middle East, Africa, and Oceania. ETOMarkets has established trading relationships with multiple liquidity providers, including major international banks, investment banks, large financial institutions, etc. In the event of extreme market volatility or lack of liquidity, we can still provide reliable and stable trading conditions for traders and ensure consistent execution of all orders. Our liquidity also enables us to offer better prices and perfect execution for larger orders.

We have won an enviable reputation in the industry with honesty and integrity; At the same time, it also provides excellent services to customers through diverse platforms. ETO Markets attaches great importance to the security of customer funds. To this end, we adhere to the standards set by top financial regulatory agencies and abide by relevant regulations and obligations.

ETO Markets displays two business licenses on the FxGecko app. Publicly claiming that the regulatory status of the Australian ASIC held is under regulation; The regulatory status of the Seychelles FSA is over limit operations. The safety of investor funds is not guaranteed!

FxGecko risk warning: 18 ETO Markets forex platform monitoring alerts. Pay attention to early warning!

ETO Markets, FxGecko APP has a score of 4.2 and a low credit rating. Investors are advised to stay away!