Etoro Customer Support Email – Turtles of Trading

On this post you’ll find the answer to Etoro Customer Support Email….Concerns that i hear from new investors what if you’re brand new to investing you simply don’t wish to choose what you really wish to invest and you desire somebody to do it for you there’s just a number of manner ins which that can happen the firstly you can employ a financial investment portfolio supervisor they’ll usually charge a rather a high premium to do that perhaps a couple of percent of your earnings will go to them the other thing is obviously you can purchase mutual funds specific funds are produced 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 also now if you’re brand new to a total please remember this platform is quite sophisticated you can do cfds which of course cfds are ways of investing

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with not actually having the total of capital so with anything that you’re discovering please do study the platform do not simply presume due to the fact that i use it that you can utilize it right away do some due diligence have a little play around with it even invest with virtual cash they give that alternative too so you really get used 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 naturally your capital is at risk this is investing we’re doing you’re buying real companies if you select to in this specific video we’re talking about how to copy other individuals’s financial investments with your money so undoubtedly your capital is at threat and we have to bear that in mind do not just do something because that person has stated they’ve made earnings 14 months in a row purchase these choices due to the fact that you think is the best 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 aspect that is probably.

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well-known for it’s the alternative to see what other traders are doing amazing we don’t typically get that insight from a lot of platforms and the other advantage 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 exact portfolio of choices and basically every time they make a trade they buy they sell whatever they do your money will be mimicked with it so that indicates if for example 10 of their financial investment portfolio remains in tesla guess what you’ll now be investing 10 of your money in so we’re going to also cover is the costs involved actually crucial you comprehend what are the costs of this now with any platform there will be some cost to certainly these are genuine business 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 websites then might not charge you for really buying and selling funds or etfs private products specific stocks.

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there’ll be charges on other parts possibly it’s our fx rate when you’re changing 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 charges with in particular in this video the next would be things to know before you in fact begin buying copy trading or copy portfolios and lastly some best advice best practices if you are thinking of this as a tool whether you start your journey or your more advanced financier so let’s begin with charges really essential to understand these now on there’s a number of costs there isn’t charges to do with actually buying and selling okay so commission costs are free nevertheless there are a couple of other costs the first one is withdrawal fees so you can certainly put money 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 but 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 five dollars per withdrawal so for me of course knowing that i’m going to make certain that i’m just withdrawing when i absolutely require to now you might say fine that’s rather expensive and i get that but it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal fees are simply one of those alternatives that they have a lot of platforms clearly are complimentary 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 as soon as every 6 months you know depends completely how you’re investing however that is a fee to keep in mind the 2nd cost that i have actually touched upon is that conversion charge now with you’re handling us dollars just there’s not an option to purchase in euros or uk and that’s great that matches me.

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a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m buying or even some crypto so i’m excellent with that we have what’s called the fx currency conversion charge now when you use anybody so if you’re utilizing trading two and two free trade anybody this is basic they have actually i suppose stuck with whatever charge they charge for that conversion rate you sort of need to accept you understand if you want to utilize their platform go from uk to us then that conversion charge is there what are they in fact 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 instead you have to pay their charges now the great aspect of however when you’ve transformed your money you do not need to invest it immediately that dollar value can sit 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 actually excellent utilizing that part of their site won’t certainly limit you in any way however we need to understand two other charges the first being what’s called spread costs okay and i’m going to show you what i imply on now a spread fee as i’m going to show you

on is essentially the difference that becomes part of the investment platform in between the buy cost and the sale price alright it’s their premium on doing both those two actions now tesla if you can see on this part of the site today tesla’s dollar worth 599 per share in tesla that really suggests that when you wish to purchase 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 rate of tesla is the value of a share what’s called spread costs is the distinction then in fact to buy that share on the platform and you’ll find this everywhere this is another way that they make a small amount of profit from you each time you do a buyer’s share so keep that in mind certainly it’s more costly to buy than it is to sell so they’re going to offer you less back with your sale and you state alright well why does that occur it just 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 bit of money on those spread costs it’s generally incredibly small 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 feat is called an

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over night charge now this is really crucial if you’re actually utilizing cfds yourself also an overnight charge is when you’re not doing that buy offer transaction in the same day okay there’s then an overnight charge charged or perhaps if you go from the friday to the monday before sailing a weekend cost now this only applies to cfds so if you’re in fact buying out the etf the stock the product and utilizing time one leverage which means you’re really buying the specific property instead of utilizing leverage anyway you won’t get hit with these costs but these charges are if you’re using take advantage of and cfds and after that you’re going to have these fees if you’re not buy selling in the very same day so let’s state if you go into the aid section this isn’t the overnight fees information you can see exactly the breakdown and it’ll inform you what are the charges what are the fees 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 on what you are buying also this is on your own so keep that in mind however complete costs are totally within their help information all right and we talked about along with free to deposit in however 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 charge now another thing to call it as i’ve stated copy trading and copy portfolios are 2 different methods of actually utilizing these copy operates they don’t have any additional costs on top of the regular costs that

are there now what you need to remember though is these possibly managed by other people completely or in some cases have actually created portfolios you’ve got a genuine individual doing the management you have to ensure you pick the individual that’s right for you much like any profession this is your monetary possessions so we absolutely need to make certain it’s the ideal individual for us prior to we copy them so the first things i would call it if you do wish to use this function we’ve got a couple of various alternatives for us first of all if you’re brand new to investing i want to draw your attention to this within you have the choice to invest real cash or a virtual platform virtual means i think 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 details or anything you can generally have this virtual portfolio simulate as if you are using your own cash however actually buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with utilizing your real cash possibly this is a fantastic choice for you again to test the theories alright you may want to purchase tesla or apple or this etf why not utilize the virtual option as a method to type of safe play with it clearly you may have lost out on gains and losses throughout that time naturally if you had actually invested your genuine cash it allows you to develop self-confidence understand the platform so that’s one option for you then next week and i’m going to return to my genuine portfolio here now we’re going to deep dive in fact how to copy people and copy portfolios now here’s something to remember before you pick somebody that you’re going to copy or a portfolio you’re going to copy ensure you understand what your risk profile is now what do i mean 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 means am i fine with possibly losing a good amount of this financial investment or acquiring as

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well now remember whatever is ups and downs you will make money you’ll lose cash that’s why they make the fact 75 individuals will lose money but that similarly indicates they’ll lose at some time in their journey undoubtedly individuals do generate income as well and i’ve got videos everything about how you can ensure you’re one of individuals to actually generate income but in this situation ensure you research your risk level would you be all right giving your cash to another person which is efficiently what you’re doing and trusting them make sure you understand what they’re buying completely if you’re someone who isn’t wanting to be that risky do not choose somebody who’s entirely into crypto or currency conversion consider it you ‘d probably desire a foundation of strong products

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like gold or perhaps oil plus more traditional etfs and index funds you might 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 really use this too truly easily over here you can copy individuals now it will provide you a great deal of options and you can utilize the system to really search for someone that you fancy in fact following so let’s see perhaps we desire someone from united kingdom um who purchases let’s see who does etfs they’ve acquired at least 10 yeah that sounds reasonable that sounds an excellent quantity and i can discover everybody who has actually satisfied 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 clearly there are a number of people that have quite high returns

bear in mind it’s like anything to do with the news or forecasts of the future this does not suggest someone will make 56 for you for the next 12 months they could make four or minus 50 there’s no other way to guarantee so do keep that in mind and as simple as clicking the copy button and off you go and then you understand 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 instance ruby mza as an example you can really deep dive into what is she in fact buying so let’s enter into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a little bit so that’s great to understand ibm paypal yep she’s definitely like kind of into those blue box and the tech industry she’s got a few of mine actually that i buy too which is excellent so actually for me understanding what i like to buy my specific stocks and shares she would resonate with me she’s got a great spread in tech companies that appears to be what she prefers she’s also got a little bit more um of the sort of primary food companies and you have actually got you understand pharmaceutical and production business as that. Etoro Customer Support Email.

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