/ drs / 1806

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/drs/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: ffea6dbc | No. 1806 | 2026-04-10 11:20:59
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/drs/

>>1806
I still have screenshots of eToro forcing stop-losses on cash accounts in 2021. Never trusting an IOU app again.

FlatSix!EXT8RNrL | ID: 272418b4 | No. 1807 | 2026-04-10 15:11:55
/drs/

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

MacroTape!e2F252sc | ID: 7b12d166 | No. 1808 | 2026-04-10 19:08:27
/drs/

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

ColdWallet!EYZWfgvu | ID: 75ad6924 | No. 1809 | 2026-04-10 20:51:42

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