Etoro Contact Number – Turtles of Trading

On this post you’ll find the answer to Etoro Contact Number….Concerns that i hear from new investors what if you’re brand new to investing you merely don’t want to choose what you actually wish to invest and you desire somebody to do it for you there’s only a couple of manner ins which that can take place the first of all you can hire a financial investment portfolio manager they’ll generally charge a quite a high premium to do that maybe one or two percent of your profits will go to them the other thing is obviously you can buy 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 too now if you’re brand new to an overall please bear in mind this platform is quite innovative you can do cfds which naturally cfds are ways of investing

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with not actually having the total of capital so with anything that you’re learning about please do study the platform do not simply assume since i utilize it that you can use it right now do some due diligence have a little play around with it even invest with virtual cash they give that choice as well so you actually get utilized to the structure of the website and after that when you’re ready to utilize your own cash to invest you can do so now i will disclaim obviously your capital is at danger this is investing we’re doing you’re investing in real business if you pick to in this specific video we’re speaking about how to copy other people’s investments with your money so clearly your capital is at risk and we have to bear that in mind do not just do something because that individual has actually said they have actually made revenue 14 months in a row purchase these options since you think is the best ones for you and that being stated let’s dive straight in [Music] The things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is most likely.

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famous for it’s the choice to see what other traders are doing incredible we don’t typically get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading and so that implies with our money we can in fact say i want to do precisely what that trader is doing or match that specific portfolio of options and essentially every time they make a trade they buy they sell whatever they do your cash will be imitated with it so that suggests if for example 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise cover is the charges included really important you understand what are the expenses of this now with any platform there will be some expense to obviously these are real companies that are investing they’re doing the buying the selling for you there’s going to be charges included and even a few of the absolutely no fee sites then might not charge you for in fact buying and selling funds or etfs private commodities 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 understand before you actually start investing in copy trading or copy portfolios and lastly some best guidance best practices if you are considering this as a tool whether you begin your journey or your more advanced investor so let’s begin with charges truly essential to comprehend these now on there’s a couple of charges there isn’t fees to do with actually buying and selling okay so commission charges are free nevertheless there are a number of other fees the first one is withdrawal fees so you can obviously put money in now if you’re in the uk we put our uk cash.

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and it’s instantly converted into us dollars and i’ll cover a little point about that later but when you want to withdraw your money so you offer your shares you sell your products whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me obviously understanding that i’m going to make sure that i’m only withdrawing when i absolutely need to now you might state fine that’s quite costly and i get that but it’s all to do with how they run their platform they have to charge costs somewhere and withdrawal costs are just among those alternatives that they have a great deal of platforms clearly are free to do such things has this 5 dollar charge so in my eyes make your withdrawals mainly it can be perhaps even once a year once every 6 months you know depends completely how you’re investing however that is a cost to remember the 2nd charge that i’ve touched upon is that conversion charge now with you’re handling us dollars only there’s not an alternative to purchase in euros or uk and that’s fine that fits me.

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a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing or even some crypto so i’m great with that we have what’s called the fx currency conversion charge now when you use anyone so if you’re utilizing trading 2 and two open market anyone at all this is basic they have i suppose stuck with whatever cost 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 fee is there what are they actually 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 state provide me us dollars rather you need to pay their fees now the terrific feature of though when you’ve transformed your money you do not need 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 buy or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra charges so that’s really excellent utilizing that part of their site won’t definitely limit you in any way however we need to be aware of 2 other charges the very first being what’s called spread costs alright and i’m going to show you what i imply on now a spread cost as i’m going to reveal you

on is generally the distinction that is part of the financial investment platform between the buy cost and the list price all right it’s their premium on doing both those 2 actions now tesla if you can see on this part of the website today tesla’s dollar value 599 per share in tesla that actually indicates that when you wish to purchase or offer as you can see it’s not the cost you’re seeing up here let me reveal you that once again so the current cost of tesla is the value of a share what’s called spread costs is the distinction then actually to buy that share on the platform and you’ll find this all over this is another way that they make a percentage of make money from you each time you do a purchaser’s share so keep that in mind obviously it’s more expensive to buy than it is to sell so they’re going to offer you less back with your sale and you say fine well why does that happen it just does that is the nature of a lot of platforms out there there’s a difference between if you’re buying it then you want to sell it and that is how they make a bit of money on those spread costs it’s normally exceptionally small it could be a matter of pens matter of cents in there but that’s one place every investment firm will again make a little bit money now the last feat is called an

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over night fee now this is really crucial if you’re really utilizing cfds yourself also an over night cost is when you’re refraining from doing that buy offer deal in the very same day all right there’s then an over night charge charged or perhaps if you go from the friday to the monday before sailing a weekend charge now this just applies to cfds so if you’re in fact buying out the etf the stock the commodity and using time one utilize which implies you’re in fact purchasing the exact asset rather than utilizing utilize anyhow you won’t get hit with these costs however these fees are if you’re using utilize and cfds and then you’re going to have these charges if you’re not buy selling in the exact same day so let’s state if you enter into the help area this isn’t the over night costs info you can see precisely the breakdown and it’ll inform you what are the charges what are the costs then for when you’re doing overnight or you’re doing over weekends and that just applies as i said to cfds there are some surcharges obviously depending upon what you are purchasing as well this is on your own so keep that in mind however full fees are totally within their assistance details alright and we discussed as well as free to deposit in but there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds normal commodity stock shares everything there’s that 5 dollar withdrawal cost now another thing to call it as i’ve said copy trading and copy portfolios are two various methods of really using these copy operates they do not have any additional costs on top of the normal costs that

are there now what you need to keep in mind though is these potentially handled by other people entirely or in some cases have developed portfolios you have actually got a real person doing the management you need to make certain you select the person that’s right for you just like any type of work this is your monetary assets so we absolutely require to make certain it’s the best individual for us before we copy them so the first things i would call it if you do wish to use this function we’ve got a number of various options for us first off if you’re brand new to investing i wish to draw your attention to this within you have the option to invest real cash or a virtual platform virtual methods i believe you get yep a hundred thousand dollars to play with and it’s not real cash that you’re investing you will not need to put in your charge card details or anything you can generally have this virtual portfolio simulate as if you are utilizing your own money but really purchase pretend buy copy individuals whatever you like if you’re not

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feeling comfy with using your genuine cash possibly this is an excellent choice for you once again to evaluate the theories all right you may wish 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 undoubtedly you might have lost out on gains and losses throughout that time naturally if you had invested your real cash it allows you to develop confidence understand the platform so that’s one choice for you then next week and i’m going to go back to my real portfolio here now we’re going to deep dive actually how to copy individuals and copy portfolios now here’s something to remember prior to you choose someone that you’re going to copy or a portfolio you’re going to copy make certain you understand what your risk profile is now what do i imply by that undoubtedly for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be risk simply indicates am i fine with potentially losing a great amount of this financial investment or acquiring as

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well now remember whatever is ups and downs you will earn money you’ll lose cash that’s why they make the fact 75 people will lose money but that similarly suggests they’ll lose at some time in their journey certainly people do earn money also and i have actually got videos all about how you can make certain you are among the people to really generate income but in this circumstance make sure you research your risk level would you be all right offering your cash to someone else which is successfully what you’re doing and trusting them make certain you comprehend what they’re purchasing completely if you’re somebody who isn’t wishing to be that dangerous do not choose someone who’s entirely into crypto or currency conversion think of it you ‘d probably want a foundation of strong products

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like gold or even oil plus more conventional etfs and index funds you may not want some up-and-coming single stocks in your portfolio do the exact same with who you’re following now as i state you can in fact utilize this too truly easily over here you can copy people now it will give you a lot of choices and you can utilize the system to in fact search for someone that you expensive really following so let’s see possibly we want someone from united kingdom um who purchases let’s see who does etfs they have actually gotten at least 10 yeah that sounds fair that sounds a good amount and i can find everyone who has actually fulfilled that criteria and it does offer you a threat aspect as well so it tends to be the higher the number the more riskier they are with their stock investing now clearly there are a variety of individuals that have quite high returns

bear in mind it’s like anything to do with the news or predictions of the future this does not indicate someone will make 56 for you for the next 12 months they could make four or minus 50 there’s no chance to guarantee so do keep that in mind and as basic as clicking the copy button and off you go and then you know ask you to confirm are you all right with this and off you go now another way to in fact deep dive if we click this person for example ruby mza as an example you can in fact deep dive into what is she in fact investing in so let’s go into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a bit so that’s great to understand ibm paypal yep she’s absolutely like type of into those blue box and the tech industry she’s got a few of mine really that i buy too which is great so really for me understanding what i like to invest in my individual stocks and shares she would resonate with me she’s got a great spread in tech companies that seems to be what she prefers she’s also got a little bit more um of the kind of primary food companies and you have actually got you understand pharmaceutical and production companies as that. Etoro Contact Number.

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