eToro, the well-known Israeli fintech company and a social trading broker is down at the moment and unable to serve its customers.
eToro was established in 2007 and focuses on providing financial and copy trading services. Its headquarters is located in Central Israel, the company has registered offices in Cyprus, the United Kingdom, the United States, and Australia.
The eToro’s website states that “A fix is being applied to the system” and “Additional information will be provided as soon as possible.”
eToro status report also mentions that “The root cause of the issue has been identified and our developers are working to fix it.
It’s been an hour since the website is down and its users are left in the dark about the expected website’s uptime.
At 14:37 UTC, they mentioned that the recent difficulties may “prevent some clients from opening or closing positions.” but since then, the service went from removing its member’s account access to working on the fix.
It’s now 16:06, at the time of this writing and there’s still no solution.