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eToro Gets Approval to Distribute FLR Token - eToro Broker News



Feb 10, 2023  
eToro will distribute the remaining FLR tokens to eligible users, except users in the US and Germany, due to regional differences.

Online broker eToro announced they would soon start distributing FLARE tokens ($FLR) to eligible users. Flare Network plans to distribute tokens periodically for 36 months (as stated in their plan). The Israeli broker will endeavor to support the distribution of the remaining Flare tokens in the future and will incur a service fee.

Initially, FLARE tokens could not be traded on eToro. Once market conditions permit, tokens will be available as CLOSED positions only. If you close a FLARE token position, you cannot receive any further tokens, according to Flare Network policy.

 

Not All Users Will Get FLR

Unfortunately, the above information regarding the distribution of FLARE tokens does not apply to users in the US and Germany. Due to regional differences, eToro cannot provide FLARE tokens to specific users. Therefore, for those users, as soon as market conditions permit, the company will distribute the USD equivalent to their balance.

The Flare $FLR token distribution program supported by eToro is subject to various regulatory and other requirements, is not guaranteed to happen, and could be accompanied by further terms as applicable to eligible users and the mechanics of the distribution. The eligibility criteria and the manner and timing of such distributions are subject to change.



3.66/5

Established : 2007
Location :
Regulation :
Min Deposit : $200
Leverage : 1:400

Robin Castillo

Dec 16 2022

Amazing platform! I found them just a while ago while surfing for a new broker. There is nothing wrong with my old broker, but I found them to be expensive. That's when I decide to switch to eToro. At first glance, their platform is super easy to use, and very user-friendly. Which is fantastic because I thought they have a very sophisticated user interface. Great for beginners and experienced investors. I would recommend this for most traders.

Mildred Harris

Dec 15 2022

Definitely a good place for beginners and I have some evidence to prove it. For starters, this broker has a very amazing user experience. They are super easy to use and don't need too much time to master. In addition to that, they also have great educational support material. It's divided proportionally so it's easier to understand. All of their features including the Help Center, Complete Fintech Guide, and YouTube videos, are accessible to beginners.

Matthew Clark

Dec 14 2022

I joined this broker about a year already. Honestly, I never thought that I would stay with this broker for a long time. So far, the experience has been nothing but positive. The platform is very slick and the trading costs are very reasonable especially if using the eToro debit card to obtain a commission-free exchange in and out of the money.

Clayton Sanders

Dec 13 2022

Etoro is a good platform for beginners to trade and learn the markets. But, there are a lot of things that could have been better. For example, the graphs on the mobile version need alot of work, there is no visual entry, TP, or SL on the graph or no ability to draw boxes. Those are just on the top of my head. But well I guess I can't ask for too much since this broker is quite affordable. Will continue...

Benny King

Dec 12 2022

I understand that this broker is trying their best to keep the funds safe. But I guess it has become a double-ended sword for their clients as well. For some reason, it is very difficult to register and pass KYC, if you have an apartment in one place, but live in another. I even didn't pass because they ask me for non-understandable documents and statements. I hope they would be able to do something about this.
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Rating
3.66/5
3.66/5
Established 2007 2006
Min Deposit $200 $100
Max Leverage 1:400 1:1000
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