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.
>>2118
I still have screenshots of eToro forcing stop-losses on cash accounts in 2021. Never trusting an IOU app again.
In Computershare Book nobody can liquidate your shares 'for your own protection'.
ShibaNode!kUH1xndX | ID: 5d9d738e | No. 2120 | 2026-06-21 19:18:28Moved my equities to Schwab + DRS and my $$DOGE to a Ledger. Total peace of mind.
FlatSix!EXT8RNrL | ID: 6480244a | No. 2121 | 2026-06-21 20:47:00