Etoro Withdrawal Scam – FAQ

On this post you’ll find the answer to Etoro Withdrawal Scam….Questions that i speak with brand-new financiers what if you’re brand new to investing you simply don’t wish to decide what you really want to invest and you desire somebody to do it for you there’s only a number of ways that that can happen the first of all you can work with an investment portfolio supervisor they’ll usually charge a rather a high premium to do that possibly a couple of percent of your profits will go to them the other thing is obviously you can purchase mutual funds particular funds are developed 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 an overall please remember this platform is rather innovative you can do cfds which of course cfds are methods of investing

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with not actually having the full amount of capital so with anything that you’re finding out about please do study the platform don’t just assume since i utilize it that you can use it immediately do some due diligence have a little play around with it even invest with virtual cash they consider that option too so you really get utilized to the structure of the site 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 threat this is investing we’re doing you’re buying genuine companies if you choose to in this specific video we’re discussing how to copy other individuals’s investments with your cash 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’ve made profit 14 months in a row invest in these choices because 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 element that is probably.

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well-known for it’s the alternative to see what other traders are doing incredible we don’t usually get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading therefore that indicates with our cash we can in fact state i want to do precisely what that trader is doing or match that exact portfolio of options and generally whenever they make a trade they purchase they sell whatever they do your money will be simulated 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 comprehend what are the costs of this now with any platform there will be some expense to undoubtedly these are real companies that are investing they’re doing the buying the selling for you there’s going to be charges included and even some of the zero charge websites then may not charge you for really buying and selling funds or etfs individual products specific stocks.

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there’ll be charges on other parts maybe it’s our fx rate when you’re altering from uk to u.s dollars there’s all type of fees 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 before you in fact begin investing in copy trading or copy portfolios and finally some best advice 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 fees really important to comprehend these now on there’s a couple of fees there isn’t costs to do with in fact buying and selling all right so commission charges are totally free nevertheless there are a number of other fees the very first one is withdrawal charges so you can certainly 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 later but when you want to withdraw your money so you sell your shares you offer your products whatever you’re selling the minimum amount you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me naturally knowing that i’m going to ensure that i’m just withdrawing when i absolutely need to now you may say all right that’s quite pricey and i get that however it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal charges are just one of those alternatives that they have a lot of platforms undoubtedly are totally free to do such things has this 5 dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year when every 6 months you know depends totally how you’re investing but that is a fee to remember the 2nd charge that i’ve touched upon is that conversion cost now with you’re handling us dollars just there’s not an option to purchase in euros or uk which’s great that fits me.

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a lot of my stocks are us dollar stocks anyway 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 charge now when you utilize anyone so if you’re utilizing trading 2 and 2 free trade anyone at all this is basic they have actually i expect stuck with whatever charge they charge for that conversion rate you sort of need to accept you know if you want to use their platform go from uk to us then that conversion fee exists what are they actually offering 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 say offer me us dollars instead you need to pay their charges now the excellent aspect of however when you’ve converted your money you do not have to invest it immediately that dollar value can being in your portfolio as cash dollars for as long as you like so that suggests the initial day that you purchase or convert your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any additional costs so that’s really great using that part of their site won’t definitely limit you in any way however we need to know two other charges the first being what’s called spread costs all right and i’m going to reveal you what i suggest on now a spread cost as i’m going to show you

on is essentially the distinction that belongs to the investment platform in between the buy cost and the price all right it’s their premium on doing both those two actions now tesla if you can see on this part of the website right now tesla’s dollar worth 599 per share in tesla that in fact suggests that when you want to offer or purchase as you can see it’s not the rate you’re seeing up here let me reveal you that once again so the present rate of tesla is the worth of a share what’s called spread fees is the difference then in fact to buy that share on the platform and you’ll discover this everywhere this is another manner in which they make a small amount of benefit from you every time you do a purchaser’s share so keep that in mind obviously it’s more expensive to purchase than it is to sell so they’re going to provide you less back with your sale and you say fine well why does that occur it just does that is the nature of a lot of platforms out there there’s a distinction between if you’re buying it then you wish to sell it and that is how they make a little bit of money on those spread out fees it’s generally incredibly small it could be a matter of pens matter of cents in there however that’s one place every investment company will once again make a bit money now the last task is called an

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overnight charge now this is truly important if you’re in fact using cfds yourself as well an over night cost is when you’re not doing that buy sell deal in the exact same day fine there’s then an overnight cost charged or even if you go from the friday to the monday prior to sailing a weekend fee now this only applies to cfds so if you’re really buying out the etf the stock the commodity and using time one utilize which suggests you’re really purchasing the specific asset rather than using take advantage of anyway you will not get hit with these fees but these fees are if you’re using take advantage of and cfds and then you’re going to have these fees if you’re not buy selling in the exact same day so let’s say if you enter 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 fees then for when you’re doing overnight or you’re doing over weekends which just applies 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 aid info fine and we talked about along with free to deposit in but there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds regular commodity stock shares everything there’s that five dollar withdrawal fee now another thing to call it as i have actually said copy trading and copy portfolios are two various methods of actually using these copy functions they do not have any extra costs on top of the normal costs that

exist now what you need to remember though is these possibly managed by other people completely or sometimes have created portfolios you’ve got a real person doing the management you have to ensure you choose the individual that’s right for you just like any profession this is your financial assets so we definitely require to ensure it’s the best person for us before 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 options for us firstly 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 methods i believe you get yep a hundred thousand dollars to play with and it’s not real money that you’re investing you won’t need to put in your credit card details or anything you can essentially have this virtual portfolio mimic as if you are using your own money however really buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with utilizing your real cash maybe this is an excellent alternative for you once again to evaluate the theories alright you might wish to purchase tesla or apple or this etf why not utilize the virtual choice as a method to type of safe play with it undoubtedly you may have lost out on gains and losses during that time obviously if you had invested your real cash it enables you to develop self-confidence understand the platform so that’s one alternative for you then next week and i’m going to go back 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 keep in mind before you pick someone that you’re going to copy or a portfolio you’re going to copy make certain you comprehend what your danger profile is now what do i mean by that undoubtedly for me i’m investing long term and they tend to say the longer you’re leaving your investments the riskier you can be run the risk of simply indicates am i okay with potentially losing an excellent amount of this financial investment or getting as

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well now keep in mind whatever is downs and ups you will generate income you’ll lose cash that’s why they make the fact 75 people will lose money but that equally implies they’ll lose at some time in their journey certainly individuals do earn money as well and i have actually got videos all about how you can ensure you’re one of individuals to really make money however in this situation make sure you research your risk level would you be alright providing your money to someone else which is effectively what you’re doing and trusting them ensure you comprehend what they’re purchasing completely if you’re someone who isn’t wishing to be that risky do not choose somebody who’s entirely into crypto or currency conversion think about it you ‘d most likely want a backbone of strong products

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like gold and even oil plus more conventional 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 say you can actually use this too actually easily over here you can copy people now it will offer you a great deal of options and you can use the system to actually look for somebody that you fancy actually following so let’s see perhaps we want someone from joined kingdom um who invests in let’s see who does etfs they have actually gained at least 10 yeah that sounds fair that sounds an excellent amount and i can find everyone who has actually satisfied that criteria and it does offer you a risk element also so it tends to be the greater the number the more riskier they are with their stock investing now clearly there are a number of people that have rather high returns

remember it’s like anything to do with the news or forecasts of the future this does not suggest somebody will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no way to guarantee so do keep that in mind and as simple as clicking the copy button and off you go and then you know ask you to confirm are you okay with this and off you go now another method 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 actually buying 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 great to know ibm paypal yep she’s certainly like type of into those blue box and the tech market she’s got a few of mine in fact that i buy too which is great so in fact for me knowing what i like to buy my specific stocks and shares she would resonate with me she’s got a great spread in tech business that appears to be what she prefers she’s also got a bit more um of the type of main food business and you have actually got you know pharmaceutical and production companies as that. Etoro Withdrawal Scam.

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