Etoro Customer Care Number – Turtles of Trading

On this post you’ll find the answer to Etoro Customer Care Number….Questions that i hear from brand-new financiers what if you’re brand new to investing you just don’t want to decide what you in fact wish to invest and you desire someone to do it for you there’s only a number of manner ins which that can happen the to start with you can hire a financial investment portfolio supervisor they’ll usually charge a quite a high premium to do that maybe a couple of percent of your revenues will go to them the other thing is naturally you can buy 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 as well now if you’re brand new to a total please keep in mind this platform is rather innovative you can do cfds which naturally cfds are methods 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 utilize it immediately do some due diligence have a little play around with it even invest with virtual cash they consider that alternative also so you actually get utilized to the structure of the site 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 threat this is investing we’re doing you’re buying genuine companies if you select to in this particular video we’re talking about how to copy other individuals’s financial investments with your cash so obviously your capital is at danger and we have to bear that in mind do not simply do something because that person has said they’ve made revenue 14 months in a row invest in these choices since you believe is the ideal ones for you and that being stated 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 belongs to social trading which is one aspect that is most likely.

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famous for it’s the option to see what other traders are doing amazing we do not typically get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that indicates with our money we can really say i wish to do exactly what that trader is doing or match that precise portfolio of alternatives and basically every time they make a trade they buy they offer whatever they do your money will be imitated with it so that implies if for example 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 also 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 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 actually buying and selling funds or etfs specific products specific stocks.

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there’ll be costs on other parts maybe 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 reveal you the charges with in particular in this video the next would be things to know prior to you in fact start investing in copy trading or copy portfolios and finally some best recommendations best practices if you are considering this as a tool whether you start your journey or your advanced financier so let’s start with charges actually important to understand these now on there’s a couple of costs there isn’t charges to do with really buying and selling alright so commission charges are free however there are a couple of other costs the very first one is withdrawal costs so you can obviously put cash in now if you remain in the uk we put our uk money.

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and it’s automatically converted into us dollars and i’ll cover a little point about that in the future however when you want to withdraw your cash so you offer your shares you offer your products whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me obviously understanding that i’m going to make certain that i’m just withdrawing when i absolutely require to now you might say okay that’s quite pricey and i get that however it’s all to do with how they run their platform they have to charge fees someplace and withdrawal charges are simply one of those options that they have a lot of platforms certainly are complimentary to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year once every six months you understand depends entirely how you’re investing however that is a fee to bear in mind the second cost that i have actually discussed is that conversion charge now with you’re dealing in us dollars just there’s not an option to buy in euros or uk which’s fine that suits me.

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a great deal of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or perhaps some crypto so i’m good with that we have what’s called the fx currency conversion fee now when you utilize anybody so if you’re using trading two and two open market anybody this is basic they have i expect stuck with whatever cost they charge for that conversion rate you kind of need to accept you know if you want to utilize their platform go from uk to us then that conversion fee exists what are they in fact giving you in terms of your uk pounds to us dollars and all platforms are the same you can’t bargain with them you can’t go to the bank and state give me us dollars rather you have to pay their costs now the excellent aspect of though when you have actually transformed your cash you do not need to invest it right now that dollar value can sit in your portfolio as cash dollars for as long as you like so that indicates the preliminary day that you buy or convert 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 truly good utilizing that part of their website won’t definitely restrict you in any way however we need to know 2 other fees the very first being what’s called spread fees fine and i’m going to reveal you what i mean on now a spread charge as i’m going to reveal you

on is essentially the difference that belongs to the investment platform in between the buy rate and the price alright it’s their premium on doing both those two actions now tesla if you can see on this part of the site right now tesla’s dollar value 599 per share in tesla that actually implies that when you want to purchase or sell as you can see it’s not the cost you’re seeing up here let me show you that again so the current price of tesla is the value of a share what’s called spread charges is the distinction then in fact to purchase that share on the platform and you’ll find this all over this is another way that they make a percentage of profit from you each time you do a purchaser’s share so keep that in mind certainly it’s more expensive to purchase than it is to sell so they’re going to offer you less back with your sale and you state okay well why does that occur it just does that is the nature of a lot of platforms out there there’s a distinction in between if you’re buying it then you want to sell it which is how they make a little bit of cash on those spread out charges it’s normally incredibly 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 cash now the last accomplishment is called an

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overnight charge now this is really important if you’re in fact using cfds yourself also an overnight charge is when you’re not doing that buy offer deal in the exact same day fine there’s then an over night cost charged or even if you go from the friday to the monday prior to sailing a weekend cost now this just applies to cfds so if you’re really buying out the etf the stock the product and utilizing time one take advantage of which indicates you’re really buying the specific asset rather than using leverage anyway you won’t get hit with these costs but these fees are if you’re using utilize and cfds and then you’re going to have these charges if you’re not buy offering in the same day so let’s say if you go into the help area this isn’t the over night charges details you can see precisely the breakdown and it’ll tell 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 only uses as i said to cfds there are some additional charges obviously depending upon what you are buying also this is on your own so keep that in mind however full fees are completely within their aid info all right and we talked about along with totally free to deposit in however there’s a five dollar charge if you want to withdraw from anything whether it’s been cfds regular product stock shares whatever there’s that 5 dollar withdrawal cost now another thing to call it as i have actually said copy trading and copy portfolios are 2 different ways of in fact utilizing these copy works they do not have any additional fees on top of the regular charges that

exist now what you require to remember though is these possibly handled by other people entirely or sometimes have created portfolios you have actually got a real person doing the management you need to make sure you select the person that’s right for you just like any profession this is your monetary assets so we definitely require to ensure it’s the ideal person for us prior to 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 firstly if you’re brand new to investing i wish to draw your attention to this within you have the choice to invest genuine money or a virtual platform virtual ways i believe you get yep a hundred thousand dollars to have fun with and it’s not real cash that you’re investing you will not require to put in your charge card information or anything you can basically have this virtual portfolio imitate as if you are utilizing your own money however really buy pretend buy copy individuals whatever you like if you’re not

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feeling comfortable with utilizing your genuine money perhaps this is a great alternative for you again to test the theories all right you may wish to purchase tesla or apple or this etf why not use the virtual option as a way to kind of safe have fun with it obviously you may have lost out on gains and losses during that time of course if you had invested your real money it permits you to develop self-confidence comprehend the platform so that’s one alternative for you then next week and i’m going to return to my genuine 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 somebody that you’re going to copy or a portfolio you’re going to copy make sure you comprehend what your threat profile is now what do i indicate by that undoubtedly for me i’m investing long term and they tend to say the longer you’re leaving your financial investments the riskier you can be risk just indicates am i okay with potentially losing a good amount of this investment or gaining as

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well now remember whatever is downs and ups you will make money you’ll lose cash that’s why they make the figure 75 individuals will lose money however that equally indicates they’ll lose eventually in their journey clearly people do make money as well and i’ve got videos all about how you can make certain you are among individuals to actually generate income but in this situation ensure you research study your risk level would you be all right giving your cash to another person which is efficiently what you’re doing and trusting them ensure you understand what they’re investing in totally if you’re somebody who isn’t wanting to be that dangerous do not pick somebody 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 desire some up-and-coming single stocks in your portfolio do the same with who you’re following now as i state you can really utilize this too really easily over here you can copy people now it will provide you a lot of choices and you can utilize the system to really look for somebody that you fancy in fact following so let’s see perhaps we desire someone from united kingdom um who invests in let’s see who does etfs they have actually gained a minimum of 10 yeah that sounds reasonable that sounds an excellent quantity and i can find everybody who has actually fulfilled that criteria and it does give you a threat factor as well 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

bear in mind it resembles anything to do with the news or predictions of the future this does not indicate somebody will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no chance to ensure so do keep that in mind and as easy as clicking the copy button and off you go and after that you understand ask you to validate are you okay 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 in fact deep dive into what is she really buying so let’s enter 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 definitely like sort of into those blue box and the tech market she’s got a few of mine really that i buy too which is good so in fact for me understanding what i like to invest in my individual stocks and shares she would resonate with me she’s got a good spread in tech business that appears to be what she chooses she’s likewise got a bit more um of the type of main food companies and you’ve got you understand pharmaceutical and production business as that. Etoro Customer Care Number.

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