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1. So if you're trying to dollar cost average with a hundred dollars a day, similar to what I was doing, you may end up paying 15% of your total assets just in fees to transfer to a wallet (not to mention that some purchases aren't allowed to be transferred, for being too small -- which I also didn't know about, or the additional fee you pay for transferring out of the wallet, or the fact that you need to use the eToro wallet app do any of this which is extremely buggy and often can't even load the login screen) even if the "flat rate fee" is a small fraction of 1 percent of the amount you're trying to transfer.
2. Also a cache issue causes false data in the portfolio (show already closed positions as open, or doesn't display freshly opened positions.) Both issues are solvable ny a force close / reopen of the app, but it's a pain and definitely a regression (from approx January or February I'd say) UX of the new graph is clunky : I spend my time reseting it... Edit: desktop version is fine.
3. If you don't ever intend to transfer to a wallet, nothing I found while using the app suggests eToro is anything other than a great choice of platforms with low fees.
4. I chose eToro after doing what I thought was extensive research on the fees various platforms charge for trading crypto, but which (unlike Robinhood) also give you access to that crypto (ie you can transfer to another wallet).
5. What I read was that there was a flat rate fee for withdrawing crypto, for example you pay 0.0005 BTC for each BTC transfer to the eToro wallet.
6. But needs more thoughtful design.You can not combine multiple orders, to meet the minimum balance required for a wallet transfer.
7. This is a fine option if you want to open a trade and leave it alone for long periods of time (1 or more weeks).It's very frustrating to get verified.
8. Each trade starts you off around 2% in the negative - this is how etoro makes money, but it makes opening multiple trades with multiple currencies undesirable.
9. They really need to make things more clear to avoid such costly surprises.I have made a lot of money using this app and especially copying really smart investors.
10. In total, I have easily more than the required amount, but can only transfer orders that are greater than the minimum balance, on their own.
11. This stops the ability to transfer any, and all smaller crypto purchases, into any other wallets.Please fix the charts.