We get htis a lot on our site the answer to Etoro Benjamin Rimokh Account Manager….Questions that i speak with new investors what if you’re brand new to investing you merely don’t 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 first off you can employ a financial investment portfolio manager they’ll typically charge a quite a high premium to do that possibly one or two percent of your profits 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 also now if you’re brand new to a total please bear in mind this platform is quite advanced you can do cfds which of course cfds are ways of investing
investor, market, charge, time, broker, deposit, trade, accounts, evaluation, utilize, crypto, worth, funds, performance, trades, stocks, properties, markets, copy, service, spread, demo, access, withdrawal
high danger, trading cfds, social trading, retail financier accounts, demo account, previous efficiency, social trading platform, minimum deposit, service mix, usa llc, trading platform, regulative.
with not really having the full amount of capital so with anything that you’re finding out about please do study the platform do not simply presume since i use it that you can utilize it right now do some due diligence have a little play around with it even invest with virtual cash they consider that option also so you really get used to the structure of the site and after that 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 genuine companies if you choose to in this particular video we’re speaking about how to copy other people’s financial investments with your money so certainly your capital is at risk and we have to bear that in mind do not simply do something because that person has actually stated they’ve made profit 14 months in a row buy these choices because you believe is the ideal ones for you which 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 element that is probably.
etoro portfolio for a trader or investors risk with cfds and social trading
popular for it’s the choice to see what other traders are doing unbelievable we do not usually get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading and so that suggests with our cash we can actually say i wish to do precisely what that trader is doing or match that specific portfolio of choices and essentially each time they make a trade they purchase they offer whatever they do your cash will be simulated with it so that suggests 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 also cover is the fees included truly critical you comprehend what are the expenses of this now with any platform there will be some expense to clearly these are real business that are investing they’re doing the purchasing the selling for you there’s going to be charges involved and even a few of the no charge sites then may not charge you for in fact buying and selling etfs or funds private products private stocks.
structure, future outcomes, user rating, virtual portfolio, complex instruments, cryptocurrency trading, etoro platform, etoro account, customer service, popular investor, joined states, cfds work, etoro evaluation, real cash, copy trading, charge card, etoro demonstration account, trading charges, volatile 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 sort of fees associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to know prior to you really begin purchasing copy trading or copy portfolios and lastly some finest guidance finest practices if you are considering this as a tool whether you begin your journey or your advanced financier so let’s begin with fees actually important to understand these now on there’s a number of costs there isn’t fees to do with really buying and selling all right so commission charges are free however there are a couple of other charges the very first one is withdrawal fees so you can obviously put money in now if you’re 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 but when you want to withdraw your money so you offer your shares you sell 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 naturally knowing that i’m going to make sure that i’m just withdrawing when i absolutely require to now you may say all right that’s rather expensive and i get that however it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal costs are simply among those alternatives that they have a great deal of platforms clearly are complimentary 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 once every six months you know depends completely how you’re investing however that is a cost to bear in mind the 2nd fee that i’ve touched upon is that conversion fee now with you’re dealing in us dollars just there’s not a choice to buy in euros or uk which’s great that fits 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 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 2 and 2 free trade anybody this is basic they have i suppose stuck to whatever cost they charge for that conversion rate you type of have to accept you understand if you want to utilize their platform go from uk to us then that conversion charge is there what are they really offering 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 say provide me us dollars rather you need to pay their fees now the fantastic feature of however when you have actually converted your money you do not need to invest it right now that dollar value can sit in your portfolio as cash dollars for as long as you like so that suggests the preliminary day that you purchase or transform your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra costs so that’s actually good utilizing that part of their website won’t certainly restrict you in any way nevertheless we have to be aware of 2 other charges the very first being what’s called spread fees alright and i’m going to show you what i suggest on now a spread charge as i’m going to show you
on is generally the distinction that is part of the financial investment platform in between the buy rate 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 right now tesla’s dollar worth 599 per share in tesla that actually means that when you want to purchase or offer as you can see it’s not the cost you’re seeing up here let me show you that again so the present rate of tesla is the worth of a share what’s called spread fees is the distinction then really to purchase that share on the platform and you’ll discover this everywhere 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 give you less back with your sale and you state fine 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 want to sell it and that is how they make a little bit of cash on those spread out charges it’s typically extremely 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 bit money now the last accomplishment is called an
A Commodities broker in apple menu crypto shares
overnight fee now this is really crucial if you’re in fact using cfds yourself too an overnight cost is when you’re not doing that buy sell transaction in the same day fine 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 only applies to cfds so if you’re actually buying out the etf the stock the commodity and using time one leverage which indicates you’re in fact buying the specific possession instead of utilizing leverage anyway you will not get hit with these charges but these charges are if you’re using leverage and cfds and after that you’re going to have these fees if you’re not buy offering in the exact same day so let’s state if you go into the aid section this isn’t the over night charges info you can see precisely the breakdown and it’ll tell you what are the charges what are the charges then for when you’re doing over night or you’re doing over weekends and that only applies as i stated to cfds there are some additional charges of course depending on what you are purchasing also this is on your own so keep that in mind but full charges are completely within their aid info alright and we talked about along with complimentary to deposit in but there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds regular product stock shares whatever there’s that five dollar withdrawal fee now another thing to call it as i have actually stated copy trading and copy portfolios are 2 various ways of actually using these copy works they do not have any additional costs on top of the normal costs that
exist now what you need to remember though is these possibly managed by other individuals completely or sometimes have actually produced portfolios you’ve got a genuine individual doing the management you have to ensure you pick the person that’s right for you just like any profession this is your financial properties so we absolutely need to ensure 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 number of various alternatives 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 ways i believe you get yep a hundred thousand dollars to have fun with and it’s not real cash that you’re investing you won’t need to put in your credit card details or anything you can generally have this virtual portfolio imitate as if you are using your own cash however in fact buy pretend buy copy people whatever you like if you’re not
diversification, guideline s-x, cfd trading, dividends,
feeling comfy with utilizing your real money maybe this is a great choice for you once again to evaluate the theories fine you might wish to purchase tesla or apple or this etf why not use the virtual option as a method to sort of safe play with it clearly you may have missed out on gains and losses throughout that time of course if you had invested your genuine money it allows you to construct confidence comprehend the platform so that’s one option 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 before you pick somebody 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 indicate by that undoubtedly for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be risk just indicates am i okay with possibly losing an excellent quantity of this financial investment or gaining as
etoro, trading, account, platform, traders, money, risk, trader, financial investment, portfolio, cryptocurrency, charges, cfds, cryptocurrencies, financiers, users Etoro Benjamin Rimokh Account Manager
well now remember everything is ups and downs you will generate income you’ll lose money that’s why they make the fact 75 individuals will lose cash however that similarly suggests they’ll lose eventually in their journey undoubtedly individuals do earn money also and i’ve got videos all about how you can make certain you’re one of the people to actually earn money however in this situation make certain you research study your threat level would you be alright providing your money to somebody else which is successfully what you’re doing and trusting them make certain you comprehend what they’re investing in completely if you’re someone who isn’t wanting to be that risky do not select someone who’s completely into crypto or currency conversion think about it you ‘d probably want a backbone of strong products
currency pairs, shares, diversify, contract for difference, asset classes,
like gold or even oil plus more traditional etfs and index funds you may not desire 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 actually easily over here you can copy individuals now it will give you a lot of options and you can use the system to in fact look for someone that you elegant in fact following so let’s see possibly we desire somebody from united kingdom um who purchases let’s see who does etfs they have actually gotten a minimum of 10 yeah that sounds reasonable that sounds a great quantity and i can find everybody who has actually satisfied that requirements and it does offer you a threat element as well 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 rather high returns
keep in mind it resembles anything to do with the news or forecasts of the future this does not indicate somebody will make 56 for you for the next 12 months they could 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 know ask you to verify are you fine with this and off you go now another method to really deep dive if we click on this person for example ruby mza as an example you can in fact deep dive into what is she actually purchasing 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 great to know ibm paypal yep she’s definitely like kind of into those blue box and the tech market she’s got some of mine actually that i invest in too which is good so really for me understanding what i like to invest in my private stocks and shares she would resonate with me she’s got a great spread in tech business that appears to be what she chooses she’s also got a little bit more um of the type of primary food business and you have actually got you know pharmaceutical and production companies as that. Etoro Benjamin Rimokh Account Manager.
diversify your portfolio, margin, etoro (uk) ltd, copy trading, cryptocurrency exchanges, cryptocurrencies, ecn, fund manager, etf, coinbase,, liquidity, indexes, market order