Etoro Contact Number Dubai – Turtles of Trading

On this post you’ll find the answer to Etoro Contact Number Dubai….Questions that i hear from new investors what if you’re brand new to investing you just do not wish to choose what you actually want to invest and you desire someone to do it for you there’s just a couple of ways that that can occur the first of all you can employ a financial investment portfolio manager they’ll typically charge a rather a high premium to do that possibly one or two percent of your revenues will go to them the other thing is obviously you can purchase mutual funds specific funds are developed once again with an account manager in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios also now if you’re brand new to a total please remember this platform is quite sophisticated you can do cfds which naturally cfds are ways of investing

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with not in fact having the full amount of capital so with anything that you’re finding out about please do study the platform don’t just assume due to the fact that i utilize it that you can utilize it immediately do some due diligence have a little experiment with it even invest with virtual money they consider that alternative too so you in fact get used to the structure of the site and after that when you’re ready to use your own money to invest you can do so now i will disclaim of course your capital is at threat this is investing we’re doing you’re investing in real business if you select to in this specific video we’re speaking about how to copy other people’s financial investments with your cash so obviously your capital is at risk and we have to bear that in mind do not simply do something because that individual has actually stated they’ve made revenue 14 months in a row buy these choices due to the fact that you believe is the ideal ones for you and that being said let’s dive straight in [Music] The things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one element that is probably.

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popular for it’s the option to see what other traders are doing incredible we do not generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that suggests with our money we can actually say i wish to do exactly what that trader is doing or match that exact portfolio of alternatives and basically whenever they make a trade they purchase they sell whatever they do your cash will be simulated with it so that suggests if for instance 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your money in so we’re going to likewise cover is the charges involved truly important you comprehend what are the costs of this now with any platform there will be some cost to undoubtedly these are genuine business that are investing they’re doing the purchasing the selling for you there’s going to be charges involved and even some of the absolutely no fee websites then might not charge you for really buying and selling funds or etfs specific products specific stocks.

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there’ll be costs on other parts perhaps it’s our fx rate when you’re changing from uk to u.s dollars there’s all type of charges associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to know before you really start buying copy trading or copy portfolios and finally some best suggestions finest practices if you are thinking about this as a tool whether you start your journey or your advanced investor so let’s kick off with charges truly crucial to comprehend these now on there’s a number of fees there isn’t costs to do with really buying and selling fine so commission costs are totally free however there are a number of other charges the very first one is withdrawal costs so you can obviously put cash in now if you’re in the uk we put our uk money.

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and it’s immediately converted into us dollars and i’ll cover a little point about that in the future however when you want to withdraw your money so you sell your shares you offer your commodities whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me obviously knowing that i’m going to ensure that i’m only withdrawing when i absolutely require to now you might state fine that’s quite expensive and i get that but it’s all to do with how they run their platform they have to charge fees somewhere and withdrawal costs are simply one of those options that they have a lot of platforms undoubtedly are free to do such things has this 5 dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year once every six months you know depends completely how you’re investing but that is a charge to remember the 2nd charge that i’ve discussed is that conversion cost now with you’re handling us dollars just there’s not a choice to buy in euros or uk which’s fine that matches me.

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a lot of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or even some crypto so i’m excellent with that we have what’s called the fx currency conversion fee now when you use anyone so if you’re utilizing trading two and 2 open market anyone at all this is standard they have i suppose stuck with whatever fee they charge for that conversion rate you kind of need to accept you understand if you wish to use their platform go from uk to us then that conversion charge exists what are they in fact providing you in terms of your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and say give me us dollars rather you have to pay their costs now the excellent aspect of however when you’ve transformed your money you do not have to invest it right away that dollar worth can being in your portfolio as money dollars for as long as you like so that implies the preliminary day that you purchase or convert your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any extra fees so that’s actually good using that part of their website will not certainly restrict you in any way however we need to be aware of two other fees the first being what’s called spread charges all right and i’m going to show you what i mean on now a spread charge as i’m going to show you

on is basically the difference that belongs to the investment platform in between the buy rate and the sale price okay it’s their premium on doing both those 2 actions now tesla if you can see on this part of the website right now tesla’s dollar value 599 per share in tesla that actually suggests that when you want to purchase or sell as you can see it’s not the price you’re seeing up here let me show you that once again so the present cost of tesla is the value of a share what’s called spread fees is the distinction then really to buy that share on the platform and you’ll discover this everywhere this is another way that they make a percentage of benefit from you each time you do a purchaser’s share so keep that in mind clearly it’s more expensive to buy than it is to offer so they’re going to provide you less back with your sale and you say fine well why does that happen it just does that is the nature of a great deal of platforms out there there’s a difference between if you’re buying it then you wish to sell it which is how they make a little bit of cash on those spread charges it’s typically incredibly little it could be a matter of pens matter of cents in there but that’s one place every investment company will again make a little bit cash now the last accomplishment is called an

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over night charge now this is truly important if you’re really utilizing cfds yourself as well an over night charge is when you’re refraining from doing that buy offer deal in the same day okay there’s then an overnight charge charged or perhaps if you go from the friday to the monday before cruising a weekend fee now this only applies to cfds so if you’re actually buying out the etf the stock the commodity and using time one leverage which implies you’re actually buying the exact possession rather than using leverage anyhow you will not get hit with these fees but these costs are if you’re using utilize and cfds and after that you’re going to have these costs if you’re not buy offering in the same day so let’s say if you enter into the help section this isn’t the overnight fees information you can see precisely the breakdown and it’ll inform you what are the charges what are the charges then for when you’re doing over night or you’re doing over weekends and that just uses as i stated to cfds there are some added fees obviously depending on what you are purchasing as well this is on your own so keep that in mind however complete fees are entirely within their assistance information okay and we talked about along with totally free to deposit in but there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds typical product stock shares everything there’s that 5 dollar withdrawal fee now another thing to call it as i’ve said copy trading and copy portfolios are 2 various ways of actually utilizing these copy works they do not have any extra fees on top of the typical costs that

exist now what you require to remember though is these possibly handled by other people totally or sometimes have developed portfolios you have actually got a real individual doing the management you need to ensure you choose the individual that’s right for you similar to any kind of work this is your monetary possessions so we absolutely require to ensure it’s the right person for us prior to we copy them so the first things i would call it if you do want to utilize this function we’ve got a couple of different options for us firstly if you’re brand new to investing i want to draw your attention to this within you have the option to invest genuine money or a virtual platform virtual means i believe you get yep a hundred thousand dollars to have fun with and it’s not real money that you’re investing you will not require to put in your credit card information or anything you can essentially have this virtual portfolio imitate as if you are using your own money however in fact buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with utilizing your real money perhaps this is a terrific alternative for you again to test the theories fine you might want to purchase tesla or apple or this etf why not utilize the virtual alternative as a way to sort of safe have fun with it obviously you may have lost out on gains and losses throughout that time obviously if you had invested your real cash it allows you to develop confidence comprehend the platform so that’s one choice for you then next week and i’m going to return to my real portfolio here now we’re going to deep dive really how to copy individuals and copy portfolios now here’s something to keep in mind prior to you select someone that you’re going to copy or a portfolio you’re going to copy make certain you understand what your threat profile is now what do i mean by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your financial investments the riskier you can be run the risk of just implies am i all right with possibly losing a great quantity of this investment or acquiring as

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well now remember whatever is ups and downs you will make money you’ll lose money that’s why they make the statistic 75 people will lose cash however that similarly implies they’ll lose eventually in their journey clearly individuals do make money also and i have actually got videos everything about how you can ensure you’re one of individuals to actually earn money but in this scenario make sure you research your threat level would you be alright giving your cash to another person which is effectively what you’re doing and trusting them make sure you understand what they’re buying completely if you’re someone who isn’t wishing to be that dangerous don’t choose someone who’s entirely into crypto or currency conversion think about it you ‘d probably desire a foundation of strong products

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like gold and even oil plus more standard etfs and index funds you may not desire some up-and-coming single stocks in your portfolio do the very same with who you’re following now as i state you can in fact utilize this too truly quickly over here you can copy individuals now it will provide you a lot of options and you can use the system to actually search for someone that you fancy really following so let’s see maybe we want somebody from united kingdom um who invests in let’s see who does etfs they have actually gotten at least 10 yeah that sounds fair that sounds a great quantity and i can find everybody who has fulfilled that requirements and it does give you a danger factor also so it tends to be the higher the number the more riskier they are with their stock investing now undoubtedly there are a variety of people that have quite high returns

keep in mind it resembles anything to do with the news or forecasts of the future this does not imply somebody will make 56 for you for the next 12 months they might make four or minus 50 there’s no chance to guarantee so do keep that in mind and as simple as clicking the copy button and off you go and after that you understand ask you to validate are you all right with this and off you go now another method to really deep dive if we click this person for instance ruby mza as an example you can actually deep dive into what is she in fact buying so let’s enter into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a little bit so that’s excellent to understand ibm paypal yep she’s absolutely like sort of into those blue box and the tech market she’s got a few of mine actually that i invest in too which is good so really for me knowing what i like to invest in my individual stocks and shares she would resonate with me she’s got an excellent spread in tech business that seems to be what she prefers she’s likewise got a bit more um of the kind of primary food business and you have actually got you understand pharmaceutical and production business as that. Etoro Contact Number Dubai.

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