Financial app eToro will no longer be offering their services in the Philippines. While eToro has been tight-lipped towards this move, an advisory from the Securities and Exchange Commission (SEC) might shed some light. TL,DR: the platform isn’t authorized to sell or offer securities in the Philippines. Read more in our articles including "eToro ending services in the Philippines" and "Security Bank now sends SMS on ATM transactions".
Financial app eToro will no longer be offering their services in the Philippines. While eToro has been tight-lipped towards this move, an advisory from the Securities and Exchange Commission (SEC) might shed some light.
TL,DR: the platform isn’t authorized to sell or offer securities in the Philippines.
Our coverage of eToro SEC philippines includes: "eToro ending services in the Philippines"; "Security Bank now sends SMS on ATM transactions"; "PH could miss out on PHP 2.8T by not improving AI infra". Each article provides unique insights and information.