Etoro Contact Us – Turtles of Trading

On this post you’ll find the answer to Etoro Contact Us….Concerns that i hear from brand-new investors what if you’re brand new to investing you just don’t want to decide what you really want to invest and you desire somebody to do it for you there’s only a couple of ways that that can take place the first of all you can employ a financial investment portfolio manager they’ll typically charge a rather a high premium to do that maybe 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 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 keep in mind this platform is quite innovative you can do cfds which of course cfds are ways of investing

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with not really having the full amount of capital so with anything that you’re learning more about please do study the platform don’t simply assume since i utilize it that you can use it right away do some due diligence have a little experiment with it even invest with virtual money they give that option also so you in fact get utilized to the structure of the website and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim obviously your capital is at danger this is investing we’re doing you’re purchasing genuine business if you choose to in this particular video we’re discussing how to copy other individuals’s investments with your money so obviously your capital is at risk and we need to bear that in mind do not simply do something since that person has actually said they have actually made revenue 14 months in a row purchase these options since you believe is the ideal ones for you and that being said let’s dive directly in [Music] so 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 aspect that is probably.

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well-known for it’s the choice to see what other traders are doing incredible we don’t normally get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading and so that suggests with our money we can actually state i want to do precisely what that trader is doing or match that specific portfolio of choices and essentially every time they make a trade they buy they offer whatever they do your cash will be mimicked with it so that suggests if for instance 10 of their investment portfolio remains in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise cover is the fees involved actually important you comprehend what are the expenses of this now with any platform there will be some cost to obviously 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 no charge sites then might not charge you for in fact buying and selling funds or etfs specific products private stocks.

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there’ll be costs 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 reveal you the costs with in particular in this video the next would be things to know prior to you actually begin investing in copy trading or copy portfolios and finally some finest recommendations finest practices if you are thinking about this as a tool whether you start your journey or your more advanced financier so let’s start with costs actually essential to understand these now on there’s a couple of fees there isn’t fees to do with actually buying and selling alright so commission charges are complimentary nevertheless there are a couple of other charges the first one is withdrawal costs so you can obviously put money in now if you remain 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 but when you want to withdraw your cash so you sell your shares you sell your products 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 understanding that i’m going to make sure that i’m just withdrawing when i definitely need to now you may say alright that’s rather expensive and i get that however it’s all to do with how they run their platform they need to charge fees someplace and withdrawal fees are simply one of those choices that they have a lot of platforms obviously 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 once every 6 months you know depends entirely how you’re investing but that is a cost to remember the 2nd charge that i have actually discussed is that conversion fee now with you’re dealing in us dollars just there’s not an option to purchase in euros or uk and that’s great that suits me.

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a lot of my stocks are us dollar stocks anyhow or the etfs that i’m buying and even some crypto so i’m good 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 two free trade anyone at all this is basic they have actually i suppose stuck to whatever cost they charge for that conversion rate you kind of need to accept you know if you want to use their platform go from uk to us then that conversion charge exists what are they actually providing you in regards to 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 provide me us dollars rather you need to pay their fees now the excellent feature of however when you’ve transformed your cash you do not need to invest it right now that dollar worth can being in your portfolio as money dollars for as long as you like so that means the initial day that you purchase or transform your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any extra costs so that’s actually great utilizing that part of their website won’t definitely restrict you in any way nevertheless we need to understand two other fees the very first being what’s called spread charges alright and i’m going to reveal you what i imply on now a spread charge as i’m going to reveal you

on is basically the distinction that becomes part of the investment platform in between the buy price and the list price fine 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 means that when you wish to sell or purchase 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 worth of a share what’s called spread charges is the distinction then in fact to buy that share on the platform and you’ll find this everywhere this is another manner in which they make a small amount of benefit from you each time you do a purchaser’s share so keep that in mind clearly it’s more costly to purchase 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 want to offer it which is how they make a bit of money on those spread fees it’s typically extremely little it could be a matter of pens matter of cents in there but that’s one place every investment firm will once again make a bit money now the last accomplishment is called an

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over night charge now this is really essential if you’re really utilizing cfds yourself as well an overnight cost is when you’re not doing that buy sell transaction in the exact same day alright there’s then an over night cost charged or perhaps if you go from the friday to the monday prior to sailing a weekend fee now this just applies to cfds so if you’re in fact buying out the etf the stock the commodity and utilizing time one take advantage of which implies you’re really purchasing the exact property rather than using take advantage of anyhow you won’t get hit with these charges 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 very same day so let’s say if you go into the help section this isn’t the over night charges details you can see exactly the breakdown and it’ll inform you what are the charges what are the costs then for when you’re doing over night or you’re doing over weekends and that only applies as i said to cfds there are some added fees of course depending upon what you are purchasing also this is on your own so keep that in mind but full charges are totally within their aid details alright and we discussed as well as totally free to deposit in but there’s a five 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 have actually stated copy trading and copy portfolios are 2 different methods of in fact using these copy operates they don’t have any extra charges on top of the normal charges that

exist now what you need to keep in mind though is these potentially managed by other individuals entirely or in some cases have created portfolios you’ve got a real person doing the management you have to ensure you pick the individual that’s right for you much like any kind of work this is your monetary properties so we definitely need to ensure it’s the ideal person for us before we copy them so the first things i would call it if you do wish to use this function we have actually 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 alternative to invest real cash 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 won’t require to put in your charge card information or anything you can essentially have this virtual portfolio imitate as if you are utilizing your own cash but actually buy pretend buy copy individuals whatever you like if you’re not

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feeling comfy with utilizing your real cash possibly this is a terrific option for you again to test the theories alright you might wish to buy tesla or apple or this etf why not utilize the virtual alternative as a way to type of safe have fun with it clearly you may have missed out on gains and losses during that time of course if you had invested your genuine money it permits you to develop self-confidence understand 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 actually how to copy individuals and copy portfolios now here’s something to bear in mind prior to you choose somebody that you’re going to copy or a portfolio you’re going to copy make certain you comprehend what your risk profile is now what do i imply by that clearly 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 simply implies am i fine with potentially losing an excellent amount of this financial investment or gaining 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 figure 75 individuals will lose cash but that equally suggests they’ll lose eventually in their journey certainly individuals do earn money too and i have actually got videos everything about how you can ensure you are among individuals to actually generate income but in this scenario ensure you research study your threat level would you be fine providing your cash to somebody else which is effectively what you’re doing and trusting them ensure you understand what they’re buying completely if you’re someone who isn’t wanting to be that risky do not pick somebody who’s totally into crypto or currency conversion think of it you ‘d probably want a backbone of strong commodities

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like gold or perhaps oil plus more conventional etfs and index funds you might not want some up-and-coming single stocks in your portfolio do the very same with who you’re following now as i say you can actually use this too really quickly over here you can copy people now it will provide you a great deal of choices and you can use the system to really search for someone that you elegant actually following so let’s see possibly we desire someone from joined kingdom um who invests in let’s see who does etfs they have actually acquired a minimum of 10 yeah that sounds reasonable that sounds an excellent quantity and i can find everybody who has actually fulfilled that requirements and it does give 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 obviously there are a number of people that have rather high returns

keep in mind 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 simple as clicking the copy button and off you go and after that you know ask you to confirm are you alright with this and off you go now another way to actually deep dive if we click this person for example ruby mza as an example you can in fact deep dive into what is she really purchasing so let’s go into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a little bit so that’s good to know ibm paypal yep she’s definitely like kind of into those blue box and the tech industry she’s got some of mine actually that i purchase too which is excellent so really for me understanding what i like to buy my individual stocks and shares she would resonate with me she’s got a good spread in tech business that seems to be what she prefers she’s also got a bit more um of the kind of primary food companies and you have actually got you know pharmaceutical and production business as that. Etoro Contact Us.

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