So to start the answer to Etoro Massimo Citoni….Concerns that i hear from new investors what if you’re brand new to investing you merely do not wish to choose what you really wish to invest and you want somebody to do it for you there’s only a number of ways that that can occur the to start with you can hire a financial investment portfolio supervisor they’ll usually charge a quite a high premium to do that maybe one or two percent of your profits will go to them the other thing is naturally you can purchase 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 as well now if you’re brand new to a total please remember this platform is quite innovative you can do cfds which naturally cfds are ways of investing financier, market, fee, time, broker, deposit, trade, accounts, review, take advantage of, crypto, value, funds, performance, trades, stocks, assets, markets, copy, service, spread, demo, gain access to, withdrawal high danger, trading cfds, social trading, retail financier accounts, demo account, previous performance, social trading platform, minimum deposit, business 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 just presume because i utilize it that you can utilize it right now do some due diligence have a little play around with it even invest with virtual money they consider that alternative too so you really get used 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 obviously your capital is at threat this is investing we’re doing you’re purchasing genuine business if you select to in this particular video we’re discussing how to copy other people’s financial investments with your money so obviously your capital is at risk and we have to bear that in mind do not just do something because that individual has stated they have actually made profit 14 months in a row buy these options since you think is the right ones for you and that being stated let’s dive straight in [Music] The things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one element that is most likely.
etoro portfolio for a trader or investors risk with cfds and social trading
popular for it’s the option to see what other traders are doing extraordinary we do not generally 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 cash we can in fact say i want to do exactly what that trader is doing or match that exact portfolio of options and essentially whenever they make a trade they purchase they sell whatever they do your cash will be imitated 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 cash in so we’re going to likewise cover is the charges involved really vital you understand what are the costs of this now with any platform there will be some cost to clearly these are genuine 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 no fee sites then might not charge you for really buying and selling etfs or funds specific commodities individual stocks. framework, future results, user rating, virtual portfolio, complex instruments, cryptocurrency trading, etoro platform, etoro account, customer service, popular financier, unified states, cfds work, etoro evaluation, real money, copy trading, credit card, etoro demo account, trading fees, unstable instruments. there’ll be fees on other parts perhaps it’s our fx rate when you’re altering from uk to u.s dollars there’s all sort of charges 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 understand before you in fact begin purchasing copy trading or copy portfolios and finally some finest guidance finest practices if you are thinking about this as a tool whether you start your journey or your advanced investor so let’s kick off with costs truly crucial to understand these now on there’s a couple of fees there isn’t fees to do with in fact buying and selling alright so commission fees are free however there are a number of other fees the first one is withdrawal charges so you can obviously put money in now if you’re in the uk we put our uk money.
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and it’s immediately converted into us dollars and i’ll cover a little point about that later on but when you want to withdraw your cash so you offer your shares you sell your commodities whatever you’re selling the minimum amount you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me naturally understanding that i’m going to make sure that i’m just withdrawing when i definitely require to now you might say okay that’s rather expensive and i get that however it’s all to do with how they run their platform they have to charge costs someplace and withdrawal fees are just among those choices that they have a great deal of platforms obviously are totally free to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year when every six months you understand depends completely how you’re investing but that is a fee to keep in mind the second fee that i’ve touched upon is that conversion cost now with you’re dealing in us dollars only there’s not a choice to purchase in euros or uk which’s great that suits me.
The price of profit according to bitcoin stock and button assets percentages
a lot of my stocks are us dollar stocks anyhow or the etfs that i’m buying or even some crypto so i’m good 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 two open market anyone at all this is basic they have actually i suppose stuck with whatever charge they charge for that conversion rate you type of need to accept you understand if you want to use their platform go from uk to us then that conversion charge exists what are they really offering 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 need to pay their fees now the excellent thing about however when you’ve converted your money you do not need to invest it right away that dollar value can being in your portfolio as money dollars for as long as you like so that means the preliminary day that you buy or transform your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any additional charges so that’s truly excellent utilizing that part of their site won’t definitely restrict you in any way nevertheless we need to be aware of two other fees the first being what’s called spread costs 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 generally the difference that is part of the investment platform in between the buy cost and the list price alright it’s their premium on doing both those 2 actions now tesla if you can see on this part of the site today tesla’s dollar worth 599 per share in tesla that in fact indicates that when you want to sell or buy as you can see it’s not the rate you’re seeing up here let me reveal you that once 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 find this everywhere this is another way that they make a percentage of benefit from you each time you do a purchaser’s share so keep that in mind clearly it’s more expensive to buy 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 happen 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 sell it and that is how they make a bit of money on those spread fees it’s usually exceptionally small it could be a matter of pens matter of cents in there but that’s one place every investment firm will once again make a little bit cash now the last feat is called an
A Commodities broker in apple menu crypto shares
over night fee now this is actually important if you’re really using cfds yourself also an overnight charge is when you’re refraining from doing that buy sell transaction in the exact same day okay there’s then an overnight charge charged and even if you go from the friday to the monday prior to sailing a weekend charge now this only applies to cfds so if you’re actually buying out the etf the stock the product and using time one utilize which means you’re really buying the exact possession rather than utilizing utilize anyway you will not get hit with these costs but these charges are if you’re using leverage and cfds and then you’re going to have these costs if you’re not buy offering in the very same day so let’s say if you go into the help section this isn’t the overnight charges information you can see precisely 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 uses as i said to cfds there are some added fees obviously depending upon what you are investing in as well this is on your own so keep that in mind but full costs are entirely within their help details all right and we spoke about as well as totally free to deposit in but 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 five dollar withdrawal fee now another thing to call it as i have actually said copy trading and copy portfolios are two different methods of really using these copy operates they don’t have any additional fees on top of the regular costs that are there now what you require to keep in mind though is these possibly handled by other people entirely or in some cases have developed portfolios you’ve got a genuine person doing the management you need to make certain you pick the person that’s right for you just like any profession this is your monetary possessions so we absolutely need to make sure it’s the best 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’ve got a number of various alternatives for us to start with if you’re brand new to investing i want to draw your attention to this within you have the alternative to invest genuine cash or a virtual platform virtual means i believe you get yep a hundred thousand dollars to have fun with and it’s not real money that you’re investing you won’t require to put in your credit card information or anything you can essentially have this virtual portfolio simulate as if you are utilizing your own money however really buy pretend buy copy people whatever you like if you’re not
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feeling comfy with utilizing your real cash perhaps this is a great alternative for you again to check the theories alright you might want to purchase tesla or apple or this etf why not use the virtual alternative as a way to kind of safe have fun with it clearly you may have lost out on gains and losses throughout that time naturally if you had invested your real cash it permits you to construct self-confidence understand the platform so that’s one alternative for you then next week and i’m going to go back to my genuine portfolio here now we’re going to deep dive actually how to copy individuals and copy portfolios now here’s something to remember prior to you choose somebody that you’re going to copy or a portfolio you’re going to copy make sure you understand what your threat profile is now what do i indicate by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your financial investments the riskier you can be risk just implies am i all right with potentially losing a good amount of this investment or getting as etoro, trading, account, platform, traders, cash, threat, trader, financial investment, portfolio, cryptocurrency, costs, cfds, cryptocurrencies, financiers, users Etoro Massimo Citoni well now remember everything is ups and downs you will make money you’ll lose money that’s why they make the fact 75 individuals will lose money but that equally suggests they’ll lose at some time in their journey obviously people do generate income also and i’ve got videos everything about how you can make certain you’re one of individuals to in fact generate income but in this circumstance ensure you research your risk level would you be all right offering your money to someone else which is effectively what you’re doing and trusting them ensure you understand what they’re investing in totally if you’re someone who isn’t wishing to be that dangerous don’t pick someone who’s entirely into crypto or currency conversion think of it you ‘d probably want a backbone of strong commodities
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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 exact same with who you’re following now as i say you can really use this too really quickly over here you can copy individuals now it will provide you a great deal of options and you can utilize the system to actually look for somebody that you fancy in fact following so let’s see perhaps we want someone from united kingdom um who invests in let’s see who does etfs they’ve gotten at least 10 yeah that sounds fair that sounds a good amount and i can discover everybody who has fulfilled that criteria and it does give you a risk aspect too so it tends to be the higher the number the more riskier they are with their stock investing now obviously there are a variety of people that have quite high returns remember it’s like anything to do with the news or predictions of the future this does not indicate somebody will make 56 for you for the next 12 months they might make four or minus 50 there’s no way to ensure so do keep that in mind and as easy as clicking the copy button and off you go and then you understand ask you to validate are you okay with this and off you go now another method to really deep dive if we click this person for example ruby mza as an example you can in fact deep dive into what is she really investing in so let’s go into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a bit so that’s great to know ibm paypal yep she’s definitely like type of into those blue box and the tech industry she’s got a few of mine really that i buy too which is excellent so in fact for me understanding what i like to invest in my specific 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 little bit more um of the type of primary food companies and you have actually got you know pharmaceutical and production business as that. Etoro Massimo Citoni. diversify your portfolio, margin, etoro (uk) ltd, copy trading, cryptocurrency exchanges, cryptocurrencies, ecn, fund supervisor, etf, coinbase,, liquidity, indexes, market order