EToro Options Trading App Negative ReviewsEToro

EToro Options Trading Negative Reviews

4.6
4.62129 star

Total 10 Negative Reviews

EToro Options Trading App Complaints & User Negative Comments 2024

EToro Options Trading app received 10 complaints, negative comments and reviews by users. Have you ever had a bad experience using EToro Options Trading? Can you share your negative thoughts about etoro options trading?

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EToro Options Trading for Negative User Reviews

Horrific Fills on Options. BEWAREI decided to try out this platform (I use Tasty as well as others) and made a purchase on an option. I bought the same option at the nearly the exact same time on both platforms so I could see if they were decent enough to possibly switch over... The Bid/Ask was about 7-8% wide so I sent a market order in on both. Gatsby gave a fill 105% over the ASK price while Tasty gave the exact ASK price. So I had to overpay on Gatsby by nearly 95%.... They used the excuse it was “fast moving” but that is a complete lie. Very unacceptable! Definitely beware and be cautious! There are clearly much better platforms where the company has the buyers interest first and foremost. As of right now this company does not!.Version: 2.7.7

QuestionsJust curious when this app will make credit spreads available? Also would be nice if you guys updated the app to where we could roll our options out, up or down. That would really help to manage risk when the asset moves against us. Anyways just my thoughts. Great app..Version: 2.34.7

¯\_(ツ)_/¯Pretty Disappointed. its okay for those brand new to options. i thought that a platform with solely option trading abilities would be really cool but this app is super slow to place trades. Too many screens, the way you select the date and strike on a different screen is pretty annoying. Why dont you just display a chain?? Thats the best way to view options. Takes way too long to scalp or make lots of trades. The scroll to find your limit price is absolute trash!! Cost me a lot of money today fumbling through orders. There needs to be a quicker way to place these trades somehow for me to want to stay. Just deposited and I think I might withdraw before I make my first trade..Version: 3.0.5

Good app but be carefulIt’s a good app to trade options on but of course your not going to get the best fills at times. It also has a HUGE problem with it bugging out and not picking the correct contract You want to get into, for example today I wanted to enter a contract for next week expiration which I picked, but once I went to buy,it had changed the expiration on me to same day and made me lose some money just because the app bugged out and decided to pick a expiration I didn’t even choose.Version: 2.36.9

Worse than awfulAnyone says this is good is probably working for Gatsby. Customer service was very nice but couldn’t accomplish anything, always new excuses, always new “requirements”, now I’m worried because they have all my info, I’ve requested they delete it but i don’t know if they actually did. Use literally any other platform, this is truly awful..Version: 2.8.1

AwfulClearly they don’t understand their users. Why do they have a 4 step flow for buying an option while Robinhood does it in 1? Also what’s the point of not displaying my current balance or the current stock price while buying an option? I have to go back to the stock screen, see the stock price and then go through the 4 step option buying for every time I want to check the stock price. This necessarily requires a second screen to trade. Awful!.Version: 2.23.1

When it worksThis app is wonderful for trading, when it works I have lost out on a good amount of money because the app crashes pretty often. It’s like their servers run out of a 90’s coffee shop using a gateway computer with dial up..Version: 2.14.6

Not great for fast order entry/executionThere are way too many screens to scroll through to get to order entry. Ticker->Option Type->Expiration->Order type. Then if you choose limit order you have to use a scroll or tap mechanic to enter your execution price. Not ideal if the price you want is further away from current bid/ask, especially lower because it seems price choices are limited. By the time you finally get everything entered prices may have changed for better or worse. So far I’ve noticed folks are fairly slow as well. If these things aren’t a dealbreaker then this app is straight forward enough to use but otherwise I’d go with a different brokerage app.Version: 4.0.1

Good for the basicsAfter a week or so using. The app is definitely glitchy. When you click on a stock and view it’s price, the price is always glitched to where you can barley read it and the app does crash quite frequently when trying to navigate thru selections. A little hard to navigate as well but other than that, it’s solid. Gets the job done but would not recommend for new option traders..Version: 3.0.5

Not what they sellThe app is not very intuitive, but I thought it would be a better trade off for getting better prices than Robinhood however I did a same trade same time same everything and Gatsby came back $.50 less than Robinhood x that by a few options and the only thing I like is the name..Version: 2.21.5


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