So to start the answer to Cosmos Etoro….Concerns that i hear from new investors what if you’re brand new to investing you just do not wish to decide what you in fact want to invest and you desire someone to do it for you there’s just a number of ways that that can take place the to start with you can employ an investment portfolio manager they’ll usually charge a rather 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 purchase mutual funds particular 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 as well now if you’re brand new to a total please keep in mind this platform is rather sophisticated you can do cfds which of course cfds are methods of investing
financier, market, charge, time, broker, deposit, trade, accounts, review, utilize, crypto, value, funds, efficiency, trades, stocks, assets, markets, copy, service, spread, demo, access, withdrawal
high risk, trading cfds, social trading, retail financier accounts, demonstration account, previous efficiency, social trading platform, minimum deposit, company mix, U.S.A. llc, trading platform, regulatory.
with not actually having the full amount of capital so with anything that you’re discovering please do study the platform do not simply presume because i use 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 as well so you actually get used to the structure of the site and after that when you’re ready to use your own cash 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 real business 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 threat and we need to bear that in mind do not just do something since that individual has actually said they’ve made revenue 14 months in a row purchase these choices since you think is the best ones for you and that 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 most likely.
etoro portfolio for a trader or investors risk with cfds and social trading
famous for it’s the choice to see what other traders are doing incredible we do not generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading therefore that indicates with our money we can actually state i wish to do exactly what that trader is doing or match that precise portfolio of choices and essentially every time they make a trade they buy they sell whatever they do your cash will be simulated with it so that means if for instance 10 of their investment portfolio remains in tesla guess what you’ll now be investing 10 of your money in so we’re going to likewise cover is the charges involved really important you understand what are the costs of this now with any platform there will be some expense to certainly these are real 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 cost websites then might not charge you for in fact buying and selling funds or etfs private products specific stocks.
structure, future outcomes, user rating, virtual portfolio, complex instruments, cryptocurrency trading, etoro platform, etoro account, customer support, popular financier, united states, cfds work, etoro review, genuine cash, copy trading, charge card, etoro demonstration account, trading fees, unpredictable instruments.
there’ll be fees on other parts maybe it’s our fx rate when you’re changing from uk to u.s dollars there’s all kinds of costs 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 before you really start investing in copy trading or copy portfolios and lastly some finest recommendations finest practices if you are considering this as a tool whether you start your journey or your advanced investor so let’s kick off with fees truly crucial to comprehend these now on there’s a couple of fees there isn’t costs to do with actually buying and selling okay so commission fees are totally free however there are a couple of other fees the first one is withdrawal fees so you can obviously put money in now if you remain in the uk we put our uk cash.
leverage the investment from fintech cryptocurrencies without drawdown
and it’s immediately converted into us dollars and i’ll cover a little point about that later however when you want to withdraw your money so you offer 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 of course knowing that i’m going to make certain that i’m only withdrawing when i definitely require to now you might say all right that’s rather pricey and i get that however it’s all to do with how they run their platform they need to charge fees someplace and withdrawal charges are simply among those options that they have a great deal of platforms undoubtedly are complimentary to do such things has this five dollar charge so in my eyes make your withdrawals largely it can be maybe even once a year once every six months you know depends completely how you’re investing but that is a fee to remember the second cost that i’ve touched upon is that conversion charge now with you’re handling us dollars only there’s not an alternative to buy in euros or uk and that’s fine that matches me.
The price of profit according to bitcoin stock and button assets percentages
a lot of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or even some crypto so i’m excellent with that we have what’s called the fx currency conversion fee now when you use anyone so if you’re using trading 2 and 2 open market anybody this is standard they have i expect stuck to whatever fee they charge for that conversion rate you sort of have to accept you know if you wish to use their platform go from uk to us then that conversion fee exists what are they really 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 rather you need to pay their costs now the great aspect of though when you’ve converted your cash you do not need to invest it right now that dollar value can being in your portfolio as money dollars for as long as you like so that suggests the preliminary day that you buy or transform your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra charges so that’s truly great using that part of their website won’t definitely restrict you in any way nevertheless we need to be aware of 2 other fees the very first being what’s called spread fees fine and i’m going to show you what i indicate on now a spread fee as i’m going to reveal you
on is basically the distinction that is part of the financial investment platform between the buy price and the list price okay 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 in fact implies that when you want to buy or offer as you can see it’s not the price you’re seeing up here let me reveal you that once again so the existing price of tesla is the worth of a share what’s called spread fees is the difference then actually to buy that share on the platform and you’ll discover this all over this is another way that they make a percentage of make money from you every time you do a buyer’s share so keep that in mind obviously it’s more pricey to purchase than it is to sell so they’re going to give you less back with your sale and you state all right well why does that happen it simply does that is the nature of a great deal of platforms out there there’s a distinction in between if you’re buying it then you wish to offer it and that is how they make a bit of money on those spread out charges it’s typically incredibly small it could be a matter of pens matter of cents in there however that’s one location every investment firm will once again make a little bit money now the last feat is called an
A Commodities broker in apple menu crypto shares
over night fee now this is really crucial if you’re really using cfds yourself too an overnight charge is when you’re refraining from doing that buy sell deal in the same day all right there’s then an overnight cost charged or perhaps if you go from the friday to the monday before sailing a weekend charge now this only applies to cfds so if you’re really buying out the etf the stock the product and utilizing time one take advantage of which implies you’re in fact buying the specific possession rather than utilizing utilize anyway you will not get hit with these fees but these fees are if you’re utilizing take advantage of and cfds and after that you’re going to have these fees if you’re not buy selling in the exact same day so let’s say if you go into the assistance section this isn’t the overnight costs 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 over night or you’re doing over weekends and that only uses as i said to cfds there are some added fees of course depending on what you are buying also this is on your own so keep that in mind but complete costs are entirely within their help info all right and we spoke about in addition to complimentary to deposit in however there’s a five dollar charge if you want to withdraw from anything whether it’s been cfds normal commodity stock shares whatever there’s that five dollar withdrawal charge now another thing to call it as i’ve stated copy trading and copy portfolios are two various methods of in fact utilizing these copy operates they don’t have any additional charges on top of the normal charges that
exist now what you require to keep in mind though is these possibly managed by other individuals completely or in some cases have developed portfolios you have actually got a genuine person doing the management you have to ensure you select the person that’s right for you just like any profession this is your monetary properties so we definitely require to make sure 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 utilize this function we’ve 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 option to invest genuine money or a virtual platform virtual ways 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 charge card information or anything you can generally have this virtual portfolio simulate as if you are using your own money however really purchase pretend buy copy people whatever you like if you’re not
diversification, policy s-x, cfd trading, dividends,
feeling comfortable with using your real money perhaps this is a terrific choice for you again to test the theories all right you might want to buy tesla or apple or this etf why not use the virtual choice as a way to kind of safe have fun with it undoubtedly you may have lost out on gains and losses during that time of course if you had invested your genuine money it enables you to develop confidence understand the platform so that’s one choice 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 individuals and copy portfolios now here’s something to bear in mind prior to you pick somebody that you’re going to copy or a portfolio you’re going to copy ensure you comprehend what your risk 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 run the risk of just indicates am i all right with possibly losing a good amount of this investment or gaining as
etoro, trading, account, platform, traders, cash, threat, trader, investment, portfolio, cryptocurrency, fees, cfds, cryptocurrencies, investors, users Cosmos Etoro
well now remember whatever is ups and downs you will earn money you’ll lose money that’s why they make the statistic 75 people will lose money but that equally means they’ll lose at some time in their journey certainly people do earn money as well and i have actually got videos everything about how you can make sure you are among individuals to really make money but in this situation make certain you research study your threat level would you be alright providing your money to another person which is efficiently what you’re doing and trusting them ensure you understand what they’re purchasing fully if you’re someone who isn’t wishing to be that risky do not pick somebody who’s totally into crypto or currency conversion think of it you ‘d probably desire a backbone of strong products
currency sets, shares, diversify, contract for distinction, property classes,
like gold or even oil plus more conventional etfs and index funds you might 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 actually utilize this too truly easily over here you can copy people now it will give you a lot of options and you can utilize the system to really search for someone that you fancy actually following so let’s see possibly we desire someone from joined kingdom um who buys let’s see who does etfs they’ve gained a minimum of 10 yeah that sounds fair that sounds a great amount and i can find everyone who has satisfied that requirements and it does provide you a danger aspect also so it tends to be the higher the number the more riskier they are with their stock investing now clearly there are a variety 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 4 or minus 50 there’s no way to ensure 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 validate are you all right with this and off you go now another method to actually deep dive if we click on this person for example ruby mza as an example you can really deep dive into what is she in fact investing in so let’s enter into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a bit so that’s good to understand ibm paypal yep she’s definitely like type of into those blue box and the tech market she’s got some of mine in fact that i purchase too which is great so really 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 seems to be what she chooses she’s also got a bit more um of the type of primary food companies and you’ve got you know pharmaceutical and production companies as that. Cosmos Etoro.
diversify your portfolio, margin, etoro (uk) ltd, copy trading, cryptocurrency exchanges, cryptocurrencies, ecn, fund manager, etf, coinbase,, liquidity, indexes, market order