Etoro Contact Tel – FAQ

On this post you’ll find the answer to Etoro Contact Tel….Concerns that i hear from new investors what if you’re brand new to investing you simply do not wish to decide what you in fact wish to invest and you want someone to do it for you there’s just a couple of ways that that can happen the firstly you can employ an investment portfolio manager they’ll normally charge a quite a high premium to do that possibly a couple of percent of your revenues will go to them the other thing is naturally you can buy mutual funds particular funds are created once again with an account supervisor 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 a total please bear in mind this platform is quite sophisticated you can do cfds which naturally cfds are methods of investing

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with not really having the total of capital so with anything that you’re finding out about please do study the platform don’t just assume because i use it that you can use it immediately do some due diligence have a little play around with it even invest with virtual money they consider that option too so you actually get utilized to the structure of the website and then when you’re ready to utilize your own cash to invest you can do so now i will disclaim naturally 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 discussing how to copy other people’s investments with your money so clearly your capital is at danger and we have to bear that in mind do not simply do something because that person has stated they have actually made profit 14 months in a row buy these choices due to the fact that you believe is the ideal ones for you which being said 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 element that is most likely.

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well-known for it’s the choice to see what other traders are doing incredible we do not generally get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading and so that suggests with our cash we can in fact state i want to do precisely what that trader is doing or match that precise portfolio of choices and generally each time they make a trade they purchase they sell whatever they do your cash will be imitated with it so that indicates 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 fees included actually crucial you understand what are the costs of this now with any platform there will be some expense to obviously these are real 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 charge websites then might not charge you for in fact buying and selling etfs or funds private commodities specific stocks.

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there’ll be charges on other parts possibly it’s our fx rate when you’re altering from uk to u.s dollars there’s all kinds of charges associated so do your due diligence and i’m going to show you the fees with in particular in this video the next would be things to know before you really begin purchasing copy trading or copy portfolios and finally some best recommendations best practices if you are thinking of this as a tool whether you begin your journey or your more advanced investor so let’s start with fees actually important to comprehend these now on there’s a number of charges there isn’t fees to do with in fact buying and selling okay so commission charges are complimentary however there are a number of other fees the very first one is withdrawal fees so you can clearly 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 in the future but when you wish to withdraw your cash so you offer your shares you offer your commodities whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course knowing that i’m going to make certain that i’m only withdrawing when i definitely require to now you might state fine that’s rather expensive and i get that however 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 lot of platforms certainly are totally 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 when every six months you understand depends entirely how you’re investing but that is a cost to bear in mind the 2nd cost that i have actually discussed is that conversion charge now with you’re dealing in 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 buying or perhaps some crypto so i’m great with that we have what’s called the fx currency conversion fee now when you utilize anyone so if you’re using trading 2 and 2 free trade anybody this is standard they have i expect stuck with whatever charge they charge for that conversion rate you sort of need to accept you know if you wish to use their platform go from uk to us then that conversion cost is there 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 state offer me us dollars instead you need to pay their charges now the excellent feature of however when you’ve converted your cash you do not have to invest it right away that dollar worth can sit 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 happens now with copy trading and copy portfolios there aren’t any additional charges so that’s actually good utilizing that part of their site won’t definitely restrict you in any way however we have to know two other fees the first being what’s called spread costs fine and i’m going to reveal you what i imply on now a spread fee as i’m going to show you

on is basically the difference that belongs to the investment platform between the buy price and the list price okay 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 worth 599 per share in tesla that actually indicates that when you wish to buy or offer as you can see it’s not the rate you’re seeing up here let me reveal you that again so the present cost of tesla is the worth 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 small amount of benefit from you each time you do a buyer’s share so keep that in mind undoubtedly it’s more pricey to purchase than it is to offer so they’re going to provide you less back with your sale and you say all right well why does that happen it simply does that is the nature of a great deal of platforms out there there’s a distinction between if you’re buying it then you want to sell it which is how they make a little bit of money on those spread out costs it’s usually extremely little it could be a matter of pens matter of cents in there however that’s one location every investment company will again make a little bit money now the last feat is called an

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over night fee now this is actually important if you’re really utilizing cfds yourself also an overnight cost is when you’re not doing that buy offer transaction in the very same day okay there’s then an over night charge charged and even if you go from the friday to the monday prior to cruising a weekend charge now this just applies to cfds so if you’re actually buying out the etf the stock the product and using time one utilize which means you’re actually buying the specific possession rather than using take advantage of anyway you won’t get hit with these fees however these costs are if you’re utilizing utilize and cfds and then you’re going to have these charges if you’re not buy selling in the very same day so let’s say if you go into the help section this isn’t the overnight fees details you can see precisely the breakdown and it’ll tell you what are the charges what are the costs then for when you’re doing overnight or you’re doing over weekends which just uses as i said to cfds there are some added fees obviously depending upon what you are investing in too this is on your own so keep that in mind however full charges are completely within their aid details fine and we talked about as well as totally free to deposit in but there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds normal commodity stock shares whatever there’s that five dollar withdrawal cost now another thing to call it as i’ve stated copy trading and copy portfolios are 2 various ways of actually utilizing these copy functions they don’t have any additional costs on top of the typical fees that

exist now what you require to remember though is these possibly managed by other individuals completely or sometimes have created portfolios you’ve got a real person doing the management you have to make sure you choose the individual that’s right for you just like any kind of work this is your monetary properties so we absolutely require to make sure it’s the ideal 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 have actually got a couple of various choices for us first off if you’re brand new to investing i want to draw your attention to this within you have the alternative to invest genuine money or a virtual platform virtual means 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 require to put in your credit card information or anything you can generally have this virtual portfolio imitate as if you are utilizing your own cash but really buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with utilizing your genuine cash perhaps this is an excellent alternative for you again to check the theories all right you may want to buy tesla or apple or this etf why not utilize the virtual choice as a method to type of safe have fun with it obviously you might have missed out on gains and losses during that time obviously if you had invested your real cash it allows you to develop confidence comprehend the platform so that’s one alternative for you then next week and i’m going to return to my real portfolio here now we’re going to deep dive in fact how to copy people 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 sure you comprehend 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 just indicates am i okay with possibly losing a good quantity of this financial investment or gaining as

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well now remember whatever is downs and ups you will earn money you’ll lose cash that’s why they make the statistic 75 individuals will lose money however that equally means they’ll lose at some time in their journey obviously individuals do earn money also and i have actually got videos everything about how you can make certain you are among the people to actually make money however in this situation make sure you research study your danger level would you be alright providing your cash to another person which is effectively what you’re doing and trusting them ensure you understand what they’re purchasing totally if you’re someone who isn’t wishing to be that risky do not choose somebody who’s totally into crypto or currency conversion think about it you ‘d probably desire a foundation of strong products

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like gold or perhaps oil plus more standard etfs and index funds you might not want some up-and-coming single stocks in your portfolio do the same with who you’re following now as i say you can really use this too really easily over here you can copy people now it will give you a great deal of choices and you can utilize the system to in fact look for someone that you expensive in fact following so let’s see maybe we desire someone from joined kingdom um who invests in let’s see who does etfs they have actually gotten a minimum of 10 yeah that sounds fair that sounds a great amount and i can discover everyone who has met that requirements and it does provide you a threat factor too so it tends to be the higher the number the more riskier they are with their stock investing now certainly there are a number of people that have quite high returns

remember it’s like 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 could make four or minus 50 there’s no way to ensure so do keep that in mind and as basic as clicking the copy button and off you go and after that you know ask you to confirm are you all right with this and off you go now another method to actually deep dive if we click this person for instance ruby mza as an example you can in fact deep dive into what is she really buying so let’s go into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a bit so that’s good to understand ibm paypal yep she’s certainly like kind of into those blue box and the tech industry she’s got some of mine in fact that i invest in too which is great so really for me knowing what i like to invest in my private stocks and shares she would resonate with me she’s got an excellent spread in tech business that appears to be what she prefers she’s also got a bit more um of the kind of primary food business and you have actually got you know pharmaceutical and production business as that. Etoro Contact Tel.

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