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/doge/What happens to eToro IOU holders when a real short squeeze hits?

Anyone who traded through January 2021 remembers what happened on IOU apps:

- Buy buttons turned off while institutions loaded up
- Automatic 'Stop Loss' and 'Take Profit' triggers silently attached to non-leveraged cash purchases on eToro
- Zero ability to move your position to a real broker via ACATS

Why wait for the next circuit-breaker halt to find out your broker only sold you a contract for difference? Serious brokers like Charles Schwab, Interactive Brokers (IBKR), Fidelity, and direct registration in Computershare exist for a reason.

Anonymous | ID: ce5c093f | No. 213 | 2025-04-07 10:31:34
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/doge/

I still have screenshots of eToro forcing stop-losses on cash accounts in 2021. Never trusting an IOU app again.

Rustacean!.xkBP.Tg | ID: 8d63a4fb | No. 214 | 2025-04-07 11:32:37
/doge/

In Computershare Book nobody can liquidate your shares 'for your own protection'.

Anonymous | ID: a49d6240 | No. 215 | 2025-04-07 13:25:55
/doge/

Moved my equities to Schwab + DRS and my $$DOGE to a Ledger. Total peace of mind.

Rustacean!.xkBP.Tg | ID: be750416 | No. 216 | 2025-04-07 15:19:03

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