So to start the answer to Harmony One Etoro….Questions that i hear from new investors what if you’re brand new to investing you merely don’t want to decide what you in fact want to invest and you want someone to do it for you there’s only a couple of ways that that can occur the first of all you can employ an investment portfolio supervisor they’ll typically charge a rather a high premium to do that possibly one or two percent of your profits will go to them the other thing is of course you can purchase mutual funds specific funds are created 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 keep in mind this platform is quite advanced you can do cfds which obviously cfds are ways of investing financier, market, charge, time, broker, deposit, trade, accounts, review, leverage, crypto, value, funds, performance, trades, stocks, assets, markets, copy, service, spread, demo, gain access to, withdrawal high threat, trading cfds, social trading, retail financier accounts, demonstration account, past performance, social trading platform, minimum deposit, service combination, usa llc, trading platform, regulative. with not actually having the full amount of capital so with anything that you’re learning about please do study the platform do not simply assume because i use it that you can use it immediately do some due diligence have a little play around with it even invest with virtual money they give that choice too so you in fact get utilized to the structure of the website and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim naturally your capital is at risk this is investing we’re doing you’re investing in genuine business if you choose to in this particular video we’re discussing how to copy other individuals’s financial investments with your cash so clearly your capital is at danger and we need to bear that in mind do not simply do something because that person has actually stated they have actually made earnings 14 months in a row purchase 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 comprehending what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is probably.
etoro portfolio for a trader or investors risk with cfds and social trading
well-known for it’s the alternative to see what other traders are doing unbelievable we don’t normally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that means with our cash we can actually state i wish to do exactly what that trader is doing or match that specific portfolio of options and essentially whenever they make a trade they buy they sell whatever they do your cash will be mimicked with it so that means if for example 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your money in so we’re going to likewise cover is the costs included really critical you understand what are the expenses of this now with any platform there will be some cost to certainly these are real business that are investing they’re doing the purchasing the selling for you there’s going to be charges included and even some of the no fee websites then might not charge you for in fact buying and selling funds or etfs specific commodities individual stocks. structure, future results, user rating, virtual portfolio, complex instruments, cryptocurrency trading, etoro platform, etoro account, client service, popular financier, united states, cfds work, etoro evaluation, real cash, copy trading, charge card, etoro demonstration account, trading costs, unpredictable instruments. there’ll be fees on other parts maybe 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 reveal you the costs 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 finest guidance finest practices if you are considering this as a tool whether you start your journey or your advanced investor so let’s begin with costs really crucial to comprehend these now on there’s a number of costs there isn’t costs to do with in fact buying and selling all right so commission fees are free nevertheless there are a couple of other costs the first one is withdrawal charges so you can certainly put cash in now if you remain in the uk we put our uk cash.
leverage the investment from fintech cryptocurrencies without drawdown
and it’s instantly converted into us dollars and i’ll cover a little point about that later on however when you wish to withdraw your cash so you offer 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 obviously understanding that i’m going to make certain that i’m only withdrawing when i definitely need to now you may say alright that’s rather expensive and i get that however it’s all to do with how they run their platform they have to charge fees someplace and withdrawal costs are simply among those options that they have a lot 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 perhaps even once a year as soon as every 6 months you know depends completely how you’re investing but that is a fee to bear in mind the second charge that i have actually discussed is that conversion charge now with you’re handling us dollars just there’s not an alternative to purchase in euros or uk which’s great 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 cost now when you use anyone so if you’re utilizing trading 2 and 2 open market anybody this is standard they have actually i suppose stuck to 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 charge is there what are they actually 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 give me us dollars instead you have to pay their costs now the fantastic feature of however when you’ve converted your cash you do not need to invest it right now that dollar worth can being in your portfolio as cash dollars for as long as you like so that means the initial 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 extra costs so that’s actually good using that part of their website won’t certainly restrict you in any way nevertheless we need to understand two other costs the very first being what’s called spread costs fine and i’m going to show you what i indicate on now a spread charge as i’m going to reveal you on is generally the distinction 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 two actions now tesla if you can see on this part of the website today tesla’s dollar value 599 per share in tesla that in fact indicates that when you wish to purchase or sell as you can see it’s not the rate you’re seeing up here let me show you that again so the current cost of tesla is the value of a share what’s called spread fees is the distinction then actually to buy that share on the platform and you’ll discover this all over this is another way that they make a small amount of benefit from you whenever you do a purchaser’s share so keep that in mind obviously it’s more expensive to buy than it is to offer so they’re going to give 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 difference in between if you’re buying it then you wish to sell it which is how they make a bit of cash on those spread out fees it’s normally extremely little it could be a matter of pens matter of cents in there however that’s one place every investment firm will once again make a little bit money now the last accomplishment is called an
A Commodities broker in apple menu crypto shares
over night fee now this is actually essential if you’re really using cfds yourself as well an over night fee is when you’re refraining from doing that buy offer deal in the exact same day fine there’s then an overnight cost charged and even if you go from the friday to the monday before sailing a weekend charge now this just applies to cfds so if you’re actually buying out the etf the stock the product and using time one leverage which suggests you’re in fact buying the precise possession rather than utilizing leverage anyway you won’t get hit with these charges however these charges are if you’re using leverage and cfds and after that you’re going to have these charges if you’re not buy offering in the very same day so let’s state if you go into the aid area this isn’t the overnight costs details you can see exactly the breakdown and it’ll tell 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 said to cfds there are some surcharges obviously depending upon what you are buying also this is on your own so keep that in mind however full costs are totally within their aid information all right and we discussed as well as free to deposit in however 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 fee now another thing to call it as i have actually said copy trading and copy portfolios are two various methods of really using these copy works they don’t have any additional fees on top of the regular charges that are there now what you need to bear in mind though is these potentially handled by other individuals entirely or in some cases have created portfolios you’ve got a genuine person doing the management you have to make certain you pick the person that’s right for you just like any line of work this is your monetary assets so we absolutely require to make certain it’s the best person for us prior to 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 different choices 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 real cash 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 will not require to put in your credit card details or anything you can generally have this virtual portfolio mimic as if you are utilizing your own money but in fact purchase pretend buy copy individuals whatever you like if you’re not
diversity, guideline s-x, cfd trading, dividends,
feeling comfortable with using your genuine money possibly this is an excellent choice for you once again to test the theories okay you may want to purchase tesla or apple or this etf why not use the virtual choice as a way to sort of safe play with it obviously you may have lost out on gains and losses throughout that time obviously if you had actually invested your real cash it enables you to construct self-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 actually how to copy people 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 ensure you understand what your danger 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 investments the riskier you can be run the risk of simply implies am i fine with possibly losing a good amount of this financial investment or getting as etoro, trading, account, platform, traders, cash, risk, trader, financial investment, portfolio, cryptocurrency, costs, cfds, cryptocurrencies, investors, users Harmony One Etoro well now remember whatever is ups and downs you will generate income you’ll lose money that’s why they make the fact 75 people will lose money but that similarly implies they’ll lose eventually in their journey obviously people do make money as well and i have actually got videos all about how you can ensure you are among the people to really generate income however in this situation ensure you research your danger level would you be okay offering your cash to someone else which is successfully what you’re doing and trusting them ensure you understand what they’re purchasing fully if you’re somebody who isn’t wishing to be that risky do not choose someone who’s entirely into crypto or currency conversion consider it you ‘d most likely want a foundation of strong commodities
currency sets, shares, diversify, contract for difference, asset classes,
like gold or perhaps oil plus more traditional etfs and index funds you may not desire some up-and-coming single stocks in your portfolio do the very same with who you’re following now as i say you can really utilize this too truly quickly over here you can copy individuals now it will offer you a lot of options and you can use the system to really search for somebody that you fancy really following so let’s see possibly we want someone from unified kingdom um who invests in let’s see who does etfs they’ve acquired at least 10 yeah that sounds reasonable that sounds a great amount and i can discover everyone who has fulfilled that criteria and it does provide you a risk element too so it tends to be the higher the number the more riskier they are with their stock investing now clearly 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 imply someone will make 56 for you for the next 12 months they could make 4 or minus 50 there’s no chance to guarantee so do keep that in mind and as easy as clicking the copy button and off you go and after that you know ask you to validate are you all right 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 actually deep dive into what is she in fact 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 purchase too which is great so in fact for me understanding what i like to buy my individual stocks and shares she would resonate with me she’s got a great spread in tech companies that seems to be what she prefers she’s likewise got a bit more um of the type of primary food companies and you’ve got you understand pharmaceutical and production business as that. Harmony One Etoro. diversify your portfolio, margin, etoro (uk) ltd, copy trading, cryptocurrency exchanges, cryptocurrencies, ecn, fund manager, etf, coinbase,, liquidity, indexes, market order