Etoro Telephone Number – FAQ

On this post you’ll find the answer to Etoro Telephone Number….Concerns that i hear from brand-new investors what if you’re brand new to investing you simply don’t want to choose what you actually want to invest and you want somebody to do it for you there’s only a number of ways that that can take place the to start with you can work with an investment portfolio manager they’ll usually charge a rather a high premium to do that perhaps a couple of percent of your revenues will go to them the other thing is obviously you can buy mutual funds particular funds are developed 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 obviously cfds are methods of investing

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with not really having the total of capital so with anything that you’re learning about please do study the platform do not just 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 money they give that alternative too so you actually get used to the structure of the site and after that when you’re ready to use your own money to invest you can do so now i will disclaim of course your capital is at risk this is investing we’re doing you’re buying genuine companies if you choose to in this particular video we’re talking about how to copy other individuals’s investments with your money so certainly your capital is at risk and we have to bear that in mind do not simply do something since that person has actually stated they have actually made profit 14 months in a row buy these options due to the fact that you believe 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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popular for it’s the alternative to see what other traders are doing extraordinary we do not usually get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading therefore that suggests with our money we can in fact state i want to do precisely what that trader is doing or match that exact portfolio of choices and basically each time they make a trade they purchase they sell whatever they do your cash will be simulated 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 really important you comprehend what are the costs of this now with any platform there will be some cost to undoubtedly these are real companies 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 fee sites then might not charge you for in fact buying and selling etfs or funds private commodities private stocks.

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there’ll be charges on other parts maybe it’s our fx rate when you’re changing from uk to u.s dollars there’s all sort of fees 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 prior to you really 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 investor so let’s start with fees truly important to comprehend these now on there’s a number of charges there isn’t fees to do with really buying and selling alright so commission fees are complimentary however there are a number of other fees the first one is withdrawal fees so you can undoubtedly 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 later however when you wish to withdraw your money 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 obviously understanding that i’m going to ensure that i’m only withdrawing when i definitely require to now you might say all right that’s rather expensive and i get that however it’s all to do with how they run their platform they need to charge costs somewhere and withdrawal costs are just among those alternatives that they have a great deal of platforms clearly are totally free to do such things has this 5 dollar charge so in my eyes make your withdrawals mostly it can be maybe even once a year when every 6 months you understand depends entirely how you’re investing however that is a fee to keep in mind the 2nd cost that i’ve discussed is that conversion cost now with you’re dealing in us dollars just there’s not an alternative to buy in euros or uk and that’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 buying or perhaps some crypto so i’m great with that we have what’s called the fx currency conversion cost now when you utilize anyone so if you’re using trading two and 2 open market anyone at all this is standard they have actually i suppose stuck to whatever charge they charge for that conversion rate you type of need to accept you understand if you wish to use their platform go from uk to us then that conversion fee exists what are they really 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 have to pay their charges now the great thing about though when you have actually transformed your money you do not need to invest it immediately that dollar worth can sit in your portfolio as cash dollars for as long as you like so that implies 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 additional fees so that’s really good utilizing that part of their site won’t definitely limit you in any way however we have to understand 2 other charges the first being what’s called spread costs all right and i’m going to show you what i mean on now a spread cost as i’m going to reveal you

on is generally the distinction that becomes part of the investment platform in between the buy price 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 indicates that when you wish to buy or sell as you can see it’s not the price you’re seeing up here let me show you that once again so the current cost of tesla is the value of a share what’s called spread fees is the difference then really to purchase 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 whenever 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 provide you less back with your sale and you state all right well why does that occur it just does that is the nature of a great deal of platforms out there there’s a difference in between if you’re buying it then you wish to offer it which is how they make a little bit of cash on those spread charges it’s normally exceptionally little it could be a matter of pens matter of cents in there however that’s one place every investment company will again make a bit cash now the last task is called an

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over night fee now this is truly essential if you’re in fact utilizing cfds yourself as well an overnight fee is when you’re not doing that buy sell deal in the very same day okay there’s then an over night fee charged or perhaps if you go from the friday to the monday before cruising a weekend fee now this only applies to cfds so if you’re in fact buying out the etf the stock the product and using time one take advantage of which implies you’re in fact buying the specific asset instead of using leverage anyway you won’t get hit with these fees but these fees are if you’re utilizing utilize and cfds and after that you’re going to have these costs if you’re not buy selling in the very same day so let’s say if you go into the assistance area this isn’t the overnight fees info you can see exactly the breakdown and it’ll inform you what are the charges what are the charges then for when you’re doing overnight or you’re doing over weekends and that just applies as i stated to cfds there are some service charges obviously depending upon what you are buying too this is on your own so keep that in mind but complete costs are totally within their help information fine and we spoke about along with free to deposit in however there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds regular product stock shares everything there’s that five dollar withdrawal cost now another thing to call it as i’ve stated copy trading and copy portfolios are two different ways of in fact using these copy operates they don’t have any additional charges on top of the typical fees that

are there now what you require to keep in mind though is these possibly handled by other individuals completely or in some cases have produced portfolios you’ve got a genuine person doing the management you have to ensure you choose the person that’s right for you just like any profession this is your financial possessions so we absolutely require to make certain it’s the right individual 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 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 choice to invest genuine cash or a virtual platform virtual ways i think you get yep a hundred thousand dollars to play with and it’s not real money that you’re investing you won’t require to put in your charge card details or anything you can essentially have this virtual portfolio imitate as if you are utilizing your own cash but actually purchase pretend buy copy individuals whatever you like if you’re not

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feeling comfortable with utilizing your real money maybe this is a fantastic option for you once again to test the theories all right you might wish to buy tesla or apple or this etf why not utilize the virtual alternative as a method to type of safe have fun with it certainly you may have missed out on gains and losses throughout that time naturally if you had invested your genuine cash it permits you to build confidence understand the platform so that’s one choice 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 before you choose somebody that you’re going to copy or a portfolio you’re going to copy ensure you comprehend what your threat profile is now what do i imply by that obviously 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 suggests am i all right with possibly losing an excellent quantity of this investment or getting as

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well now keep in mind whatever is ups and downs you will earn money you’ll lose cash that’s why they make the figure 75 people will lose money however that equally suggests they’ll lose at some time in their journey undoubtedly people do earn money also and i’ve got videos everything about how you can ensure you are among the people to really generate income however in this circumstance ensure you research study your danger level would you be all right offering your money to someone else which is successfully what you’re doing and trusting them make certain you comprehend what they’re purchasing fully if you’re somebody who isn’t wanting to be that dangerous don’t choose somebody who’s completely into crypto or currency conversion think about it you ‘d most likely desire a foundation of strong commodities

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like gold or perhaps oil plus more standard 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 in fact utilize this too truly quickly over here you can copy people now it will offer you a great deal of options and you can utilize the system to really search for someone that you elegant really following so let’s see perhaps we want someone from united kingdom um who purchases let’s see who does etfs they have actually gotten a minimum of 10 yeah that sounds fair that sounds a great quantity and i can find everybody who has actually satisfied that requirements and it does give you a danger factor also so it tends to be the greater the number the more riskier they are with their stock investing now obviously there are a variety 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 mean somebody will make 56 for you for the next 12 months they might make four or minus 50 there’s no other 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 all right with this and off you go now another method to really deep dive if we click on this person for example ruby mza as an example you can actually deep dive into what is she really purchasing 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 absolutely like sort 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 invest in my individual stocks and shares she would resonate with me she’s got an excellent spread in tech companies that appears to be what she chooses she’s likewise got a little bit more um of the kind of primary food business and you’ve got you know pharmaceutical and production companies as that. Etoro Telephone Number.

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