How To Contact Etoro Customer Service – Turtles of Trading

On this post you’ll find the answer to How To Contact Etoro Customer Service….Questions that i speak with new financiers what if you’re brand new to investing you merely do not want to decide what you actually want to invest and you desire someone to do it for you there’s just a number of manner ins which that can happen the firstly you can hire an investment portfolio manager they’ll normally charge a rather a high premium to do that maybe a couple of percent of your profits will go to them the other thing is naturally you can purchase mutual funds particular funds are produced 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 bear in mind this platform is rather advanced you can do cfds which naturally cfds are ways of investing

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with not actually having the full amount of capital so with anything that you’re learning about please do study the platform don’t just presume since i utilize it that you can use it right away do some due diligence have a little play around with it even invest with virtual money they give that option too so you actually get used to the structure of the website and then when you’re ready to utilize your own money to invest you can do so now i will disclaim obviously your capital is at risk this is investing we’re doing you’re purchasing real business if you choose to in this specific video we’re speaking about how to copy other people’s financial investments with your cash so obviously your capital is at threat and we need to bear that in mind do not just do something since that individual has actually stated they have actually made profit 14 months in a row invest in these options since you believe is the best ones for you and that being stated let’s dive straight in [Music] so 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 most likely.

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famous for it’s the option to see what other traders are doing incredible we don’t normally get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading therefore that means with our cash we can in fact say i want to do exactly what that trader is doing or match that exact portfolio of alternatives and essentially whenever they make a trade they buy they sell whatever they do your cash will be simulated with it so that indicates 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 likewise cover is the costs involved really vital you understand what are the costs of this now with any platform there will be some cost to certainly these are genuine 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 absolutely no cost sites then might not charge you for actually buying and selling etfs or funds private products private stocks.

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there’ll be fees on other parts possibly it’s our fx rate when you’re changing from uk to u.s dollars there’s all type of fees 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 prior to you in fact begin purchasing copy trading or copy portfolios and lastly some best recommendations best practices if you are considering this as a tool whether you begin your journey or your more advanced investor so let’s kick off with costs really important to understand these now on there’s a number of costs there isn’t costs 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 cash.

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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 want to withdraw your cash so you sell your shares you offer your products whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me naturally knowing that i’m going to ensure that i’m just withdrawing when i definitely need to now you may state okay that’s quite pricey and i get that but it’s all to do with how they run their platform they need to charge costs somewhere and withdrawal charges are simply among those alternatives that they have a great deal of platforms obviously are free to do such things has this five dollar charge so in my eyes make your withdrawals largely it can be perhaps even once a year once every 6 months you know depends completely how you’re investing but that is a fee to keep in mind the 2nd charge that i have actually touched upon is that conversion cost now with you’re handling us dollars just there’s not an alternative to buy in euros or uk and that’s great that suits me.

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a great deal of my stocks are us dollar stocks anyhow 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 cost now when you use anybody so if you’re using trading two and two free trade anyone at all this is standard they have actually i expect stuck with whatever charge they charge for that conversion rate you type 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 in fact 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 offer me us dollars instead you have to pay their charges now the terrific thing about though when you have actually converted your money you do not have to invest it right now that dollar worth can sit in your portfolio as money dollars for as long as you like so that suggests the preliminary day that you purchase or convert your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any extra charges so that’s truly excellent utilizing that part of their site will not certainly restrict you in any way nevertheless we need to understand 2 other fees the first being what’s called spread fees all right and i’m going to show you what i mean on now a spread fee as i’m going to reveal you

on is essentially the difference that becomes part of the financial investment platform between the buy rate and the 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 worth 599 per share in tesla that really suggests that when you want to offer or buy as you can see it’s not the cost you’re seeing up here let me show you that again so the existing cost of tesla is the value of a share what’s called spread costs is the distinction then actually to purchase that share on the platform and you’ll discover this all over this is another manner in which they make a small amount of profit from you whenever you do a purchaser’s share so keep that in mind certainly it’s more pricey to purchase than it is to sell so they’re going to provide you less back with your sale and you say 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 distinction between if you’re buying it then you wish to sell 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 but that’s one location every investment firm will once again make a little bit money now the last accomplishment is called an

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over night cost now this is truly crucial if you’re actually using cfds yourself too an overnight fee is when you’re not doing that buy offer transaction in the exact same day okay there’s then an overnight fee charged or perhaps if you go from the friday to the monday before cruising a weekend charge now this just applies to cfds so if you’re in fact buying out the etf the stock the commodity and utilizing time one leverage which suggests you’re really buying the exact property instead of using leverage anyway you will not get hit with these costs however these costs 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 exact same day so let’s state if you enter into the help area this isn’t the over night costs information 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 naturally depending upon what you are buying also this is on your own so keep that in mind but full fees are entirely within their assistance info all right and we discussed along with totally free to deposit in but there’s a five dollar charge if you wish to withdraw from anything whether it’s been cfds normal product stock shares whatever there’s that five dollar withdrawal cost now another thing to call it as i’ve stated copy trading and copy portfolios are two various methods of actually utilizing these copy operates they do not have any extra fees on top of the regular charges that

are there now what you need to keep in mind though is these potentially managed by other individuals totally or often have actually created portfolios you’ve got a real individual doing the management you have to ensure you select the individual that’s right for you much like any type of work this is your financial possessions so we definitely need to make sure it’s the ideal person 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 different 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 means i think you get yep a hundred thousand dollars to have fun with and it’s not real money that you’re investing you will not need to put in your credit card details or anything you can generally have this virtual portfolio simulate as if you are utilizing your own money however really purchase pretend buy copy people whatever you like if you’re not

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feeling comfy with utilizing your real money maybe this is a great choice for you once again to check the theories alright you may wish to purchase tesla or apple or this etf why not utilize the virtual choice as a way to sort of safe have fun with it clearly you might have missed out on gains and losses during that time of course if you had invested your genuine money it enables you to construct confidence comprehend 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 really how to copy people and copy portfolios now here’s something to keep in mind prior to you select someone that you’re going to copy or a portfolio you’re going to copy make certain you understand what your threat profile is now what do i imply by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be run the risk of just suggests am i okay with possibly losing an excellent quantity of this financial 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 money that’s why they make the statistic 75 individuals will lose cash however that equally means they’ll lose eventually in their journey clearly people do generate income also and i have actually got videos everything about how you can make sure you’re one of the people to in fact generate income but in this situation make sure you research study your danger level would you be alright offering your cash to somebody else which is successfully what you’re doing and trusting them ensure you understand what they’re purchasing fully if you’re someone who isn’t wanting to be that risky do not choose somebody who’s completely into crypto or currency conversion consider it you ‘d probably want a backbone of strong commodities

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like gold and even 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 say you can actually utilize this too really easily over here you can copy individuals now it will give you a lot of options and you can use the system to really look for somebody that you fancy really following so let’s see possibly we want 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 a great quantity and i can discover everybody who has actually fulfilled that requirements and it does give you a danger factor also 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

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 four or minus 50 there’s no other way to ensure so do keep that in mind and as basic as clicking the copy button and off you go and then you understand ask you to validate are you all right with this and off you go now another way to actually deep dive if we click on this person for example ruby mza as an example you can actually deep dive into what is she in fact purchasing so let’s enter 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 definitely like sort of into those blue box and the tech industry she’s got some of mine in fact that i buy too which is excellent so in fact for me knowing what i like to invest in my private 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 little bit more um of the type of primary food companies and you’ve got you know pharmaceutical and production companies as that. How To Contact Etoro Customer Service.

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