Etoro App Is Down 2021

We get htis a lot on our site the answer to Etoro App Is Down….Questions that i speak with new investors what if you’re brand new to investing you just don’t 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 occur the first of all you can work with an investment portfolio manager they’ll normally charge a rather a high premium to do that perhaps one or two percent of your revenues will go to them the other thing is naturally you can purchase mutual funds specific funds are developed again with an account manager 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 remember this platform is quite advanced you can do cfds which of course cfds are methods of investing

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with not in fact having the full amount of capital so with anything that you’re finding out about please do study the platform don’t just 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 money they give that option too so you actually get used to the structure of the site and after that when you’re ready to utilize your own cash to invest you can do so now i will disclaim of course your capital is at threat this is investing we’re doing you’re purchasing real companies if you pick to in this particular video we’re discussing how to copy other people’s investments with your cash so obviously your capital is at risk and we have to bear that in mind do not simply do something because that individual has stated they’ve made revenue 14 months in a row invest in these choices since you believe is the best ones for you which being stated let’s dive straight in [Music] so the things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it becomes part of social trading which is one element that is most likely.

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popular for it’s the choice to see what other traders are doing unbelievable we don’t generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that suggests with our money we can in fact state i want to do exactly what that trader is doing or match that exact portfolio of options and basically each time they make a trade they buy they sell whatever they do your money will be mimicked with it so that indicates if for instance 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise cover is the fees included actually vital you understand what are the costs of this now with any platform there will be some cost to undoubtedly these are real companies that are investing they’re doing the buying the selling for you there’s going to be charges involved and even some of the zero charge websites then might not charge you for actually buying and selling etfs or funds private commodities individual stocks.

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there’ll be costs on other parts maybe it’s our fx rate when you’re altering from uk to u.s dollars there’s all kinds of costs associated so do your due diligence and i’m going to reveal you the charges with in particular in this video the next would be things to know before you really begin buying copy trading or copy portfolios and lastly some best recommendations best practices if you are thinking of this as a tool whether you begin your journey or your more advanced investor so let’s begin with costs actually crucial to comprehend these now on there’s a number of fees there isn’t costs to do with in fact buying and selling okay so commission fees are free nevertheless there are a number of other costs the first one is withdrawal fees so you can clearly put money in now if you remain in the uk we put our uk money.

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and it’s automatically converted into us dollars and i’ll cover a little point about that in the future however when you wish to withdraw your cash so you offer your shares you sell your commodities whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me obviously knowing that i’m going to make certain that i’m just withdrawing when i definitely need to now you may say fine that’s quite pricey 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 just one of those choices that they have a lot of platforms certainly are totally free to do such things has this five dollar charge so in my eyes make your withdrawals mostly it can be perhaps even once a year as soon as every six months you understand depends entirely how you’re investing however that is a fee to bear in mind the 2nd fee that i’ve touched upon is that conversion fee now with you’re dealing in us dollars only there’s not an alternative to buy in euros or uk which’s great that matches me.

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a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing and even some crypto so i’m good with that we have what’s called the fx currency conversion charge now when you use anybody so if you’re utilizing trading two and 2 open market anyone at all this is standard they have actually i suppose stuck to whatever cost they charge for that conversion rate you type of have to accept you know if you wish to utilize their platform go from uk to us then that conversion charge is there what are they actually providing you in regards to 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 state give me us dollars rather you have to pay their costs now the terrific thing about however when you have actually converted your cash you do not have to invest it immediately that dollar worth can being in your portfolio as money dollars for as long as you like so that suggests the preliminary day that you buy or convert 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 good using that part of their website won’t definitely restrict you in any way nevertheless we need to know two other fees the very first being what’s called spread fees okay and i’m going to reveal you what i mean on now a spread cost as i’m going to reveal you

on is essentially the difference that becomes part of the financial investment platform between the buy price and the list price fine it’s their premium on doing both those two actions now tesla if you can see on this part of the site today tesla’s dollar value 599 per share in tesla that really implies that when you wish to buy or offer as you can see it’s not the price you’re seeing up here let me show you that once again so the present rate of tesla is the value of a share what’s called spread charges is the difference then really to buy that share on the platform and you’ll find this all over this is another way that they make a small amount of profit from you each time you do a purchaser’s share so keep that in mind clearly 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 okay well why does that happen it just 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 sell it and that is how they make a little bit of cash on those spread out fees it’s typically extremely small it could be a matter of pens matter of cents in there but that’s one location every investment firm will again make a bit money now the last accomplishment is called an

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over night fee now this is actually essential if you’re in fact using cfds yourself as well an overnight charge is when you’re not doing that buy sell deal in the very same day alright there’s then an overnight cost charged or perhaps if you go from the friday to the monday prior to sailing a weekend cost now this only applies to cfds so if you’re really buying out the etf the stock the product and using time one leverage which indicates you’re really buying the specific property rather than utilizing utilize anyway you will not get hit with these costs however these costs are if you’re utilizing take advantage of 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 aid area this isn’t the overnight charges info you can see exactly the breakdown and it’ll inform you what are the charges what are the costs 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 upon what you are buying also this is on your own so keep that in mind however complete costs are entirely within their help details all right and we spoke about along with complimentary to deposit in but there’s a 5 dollar charge if you want 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 ways of in fact using these copy operates they don’t have any extra costs on top of the regular costs that

exist now what you need to remember though is these possibly managed by other people entirely or in some cases have developed portfolios you have actually got a real individual doing the management you have to ensure you pick the individual that’s right for you similar to any type of work this is your financial possessions so we absolutely require to ensure it’s the best individual for us before we copy them so the first things i would call it if you do wish to use this function we have actually got a number of different options for us first of all if you’re brand new to investing i want to draw your attention to this within you have the alternative to invest genuine money or a virtual platform virtual methods i believe you get yep a hundred thousand dollars to play with and it’s not real cash that you’re investing you will not require to put in your credit card details or anything you can essentially have this virtual portfolio mimic as if you are using your own cash but really buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with using your genuine cash perhaps this is a terrific choice for you once again to check the theories all right you may want to purchase tesla or apple or this etf why not use the virtual option as a method to sort of safe have fun with it undoubtedly you might have lost out on gains and losses during that time of course if you had actually invested your real cash it permits you to develop confidence understand the platform so that’s one alternative for you then next week and i’m going to return to my genuine 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 prior to you pick someone that you’re going to copy or a portfolio you’re going to copy make sure you understand 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 investments the riskier you can be risk simply implies am i okay with potentially losing an excellent quantity of this financial investment or gaining 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 figure 75 individuals will lose money but that equally implies they’ll lose at some point in their journey certainly people do generate income too and i’ve got videos all about how you can make certain you are among the people to in fact make money but in this circumstance make sure you research study your risk level would you be okay providing your money to another person which is successfully what you’re doing and trusting them ensure you comprehend what they’re buying completely if you’re someone 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

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like gold and even oil plus more standard 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 state 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 search for someone that you elegant actually following so let’s see perhaps we want somebody from unified kingdom um who buys let’s see who does etfs they have actually gotten a minimum of 10 yeah that sounds fair that sounds a great amount and i can find everyone who has met that requirements and it does give you a risk element also so it tends to be the greater the number the more riskier they are with their stock investing now certainly there are a variety of individuals that have quite high returns

keep in mind it resembles anything to do with the news or predictions of the future this does not mean someone will make 56 for you for the next 12 months they could make four 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 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 instance ruby mza as an example you can really deep dive into what is she actually purchasing 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 absolutely like sort of into those blue box and the tech market she’s got a few of mine actually that i buy too which is great so really 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 also got a bit more um of the type of main food companies and you have actually got you understand pharmaceutical and production business as that. Etoro App Is Down.

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