So today on Iwata well be talking about Co.Comnection Etoro….Questions that i speak with new investors what if you’re brand new to investing you just don’t want to decide what you really wish to invest and you want somebody to do it for you there’s just a number of ways that that can happen the first off you can employ a financial investment portfolio supervisor they’ll usually 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 obviously you can buy mutual funds specific funds are produced once 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 too now if you’re brand new to an overall please keep in mind this platform is quite advanced you can do cfds which naturally cfds are methods of investing
financier, market, cost, time, broker, deposit, trade, accounts, evaluation, utilize, crypto, worth, funds, performance, trades, stocks, properties, markets, copy, service, spread, demonstration, gain access to, withdrawal
high risk, trading cfds, social trading, retail investor accounts, demonstration account, previous performance, social trading platform, minimum deposit, business mix, U.S.A. llc, trading platform, regulative.
with not actually having the full amount of capital so with anything that you’re finding out about please do study the platform do not simply assume because i use it that you can use it right away do some due diligence have a little play around with it even invest with virtual cash they consider that alternative as well so you really get used to the structure of the site and then 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 threat this is investing we’re doing you’re investing in real business if you select to in this specific video we’re speaking about how to copy other people’s financial investments with your money so obviously your capital is at threat and we need to bear that in mind do not simply do something since that person has stated they’ve made profit 14 months in a row purchase these choices because you believe is the ideal ones for you and that being stated let’s dive straight in [Music] so the important 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 probably.
etoro portfolio for a trader or investors risk with cfds and social trading
well-known for it’s the option to see what other traders are doing incredible we don’t generally get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading and so that implies with our money we can really state i want to do precisely what that trader is doing or match that exact portfolio of choices and generally each time they make a trade they buy they offer whatever they do your money will be mimicked with it so that indicates if for example 10 of their financial investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to also cover is the charges included truly 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 a few of the absolutely no charge websites then may not charge you for actually buying and selling etfs or funds private commodities private stocks.
framework, future results, user rating, virtual portfolio, complex instruments, cryptocurrency trading, etoro platform, etoro account, customer care, popular investor, joined states, cfds work, etoro evaluation, real money, copy trading, credit card, etoro demo account, trading costs, unstable instruments.
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 show you the costs with in particular in this video the next would be things to understand before you actually begin buying copy trading or copy portfolios and lastly some best advice best practices if you are considering this as a tool whether you begin your journey or your advanced investor so let’s begin with fees really important to understand these now on there’s a couple of fees there isn’t costs to do with really buying and selling all right so commission charges are complimentary however there are a number of other charges the very first one is withdrawal charges so you can certainly 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 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 sell your shares you offer 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 of course understanding that i’m going to make certain that i’m just withdrawing when i definitely need to now you might state alright that’s rather costly and i get that however it’s all to do with how they run their platform they need to charge costs someplace and withdrawal costs are simply among those options that they have a lot of platforms obviously are complimentary to do such things has this 5 dollar charge so in my eyes make your withdrawals largely it can be perhaps even once a year once every six months you understand depends completely how you’re investing however that is a fee to keep in mind the 2nd charge that i’ve discussed is that conversion cost now with you’re handling us dollars only there’s not an alternative to purchase in euros or uk and that’s fine that matches me.
The price of profit according to bitcoin stock and button assets percentages
a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m buying and even some crypto so i’m good with that we have what’s called the fx currency conversion charge now when you utilize anybody so if you’re utilizing trading two and two open market anyone at all this is standard they have i suppose stuck with whatever cost they charge for that conversion rate you sort of have to accept you understand if you want to utilize their platform go from uk to us then that conversion fee exists what are they actually 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 instead you need to pay their costs now the fantastic thing about though when you have actually transformed 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 implies the preliminary day that you purchase or convert your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any additional fees so that’s really excellent utilizing that part of their website will not certainly limit you in any way however we need to be aware of two other costs the first being what’s called spread costs alright and i’m going to reveal you what i indicate on now a spread charge as i’m going to reveal you
on is basically the distinction that becomes part of the investment platform between the buy cost and the price all right 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 worth 599 per share in tesla that actually implies that when you want to purchase or sell 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 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 everywhere this is another way that they make a small amount of make money from you every time you do a buyer’s share so keep that in mind obviously it’s more pricey to buy than it is to sell so they’re going to provide you less back with your sale and you state alright well why does that occur it simply does that is the nature of a great deal of platforms out there there’s a distinction between if you’re buying it then you want to offer it which is how they make a little bit of cash on those spread out costs it’s usually extremely little it could be a matter of pens matter of cents in there but that’s one place every investment firm will again make a little bit money now the last accomplishment is called an
A Commodities broker in apple menu crypto shares
overnight fee now this is truly crucial if you’re actually utilizing cfds yourself as well an over night charge is when you’re refraining from doing that buy offer transaction in the same day alright there’s then an over night charge 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 in fact buying out the etf the stock the product and utilizing time one take advantage of which suggests you’re actually purchasing the precise asset instead of utilizing leverage anyway you won’t get hit with these charges but these costs are if you’re using utilize and cfds and then you’re going to have these charges if you’re not buy selling in the very same day so let’s state if you go into the assistance section this isn’t the overnight fees info 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 applies as i stated to cfds there are some surcharges of course depending upon what you are investing in also this is on your own so keep that in mind but full fees are entirely within their aid information okay and we spoke about in addition to complimentary to deposit in however there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds typical product stock shares everything there’s that 5 dollar withdrawal cost now another thing to call it as i’ve stated copy trading and copy portfolios are two various ways of really using these copy operates they don’t have any additional costs on top of the normal charges that
exist now what you need to keep in mind though is these potentially handled by other people completely or in some cases have produced portfolios you’ve got a real individual doing the management you need to ensure you pick the individual that’s right for you just like any line of work this is your financial properties so we definitely require to ensure it’s the right 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 different options for us to start with if you’re brand new to investing i want to draw your attention to this within you have the option to invest genuine cash 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 will not need to put in your credit card details or anything you can basically have this virtual portfolio simulate as if you are utilizing your own money however actually purchase pretend buy copy individuals whatever you like if you’re not
diversification, regulation s-x, cfd trading, dividends,
feeling comfy with using your genuine money perhaps this is an excellent choice for you once again to check the theories all right you may wish to purchase tesla or apple or this etf why not use the virtual choice as a way to kind of safe have fun with it obviously you might have lost out on gains and losses during that time naturally if you had actually invested your real cash it permits you to develop confidence understand the platform so that’s one option 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 individuals and copy portfolios now here’s something to remember before you pick somebody that you’re going to copy or a portfolio you’re going to copy ensure you understand what your risk profile is now what do i mean by that obviously for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be run the risk of just suggests am i all right with possibly losing a good quantity of this financial investment or acquiring as
etoro, trading, account, platform, traders, money, risk, trader, financial investment, portfolio, cryptocurrency, charges, cfds, cryptocurrencies, investors, users Co.Comnection Etoro
well now remember everything is downs and ups you will generate income you’ll lose cash that’s why they make the fact 75 individuals will lose cash but that similarly means they’ll lose eventually in their journey undoubtedly people do make money too and i have actually got videos all about how you can make certain you are among the people to actually generate income however in this situation make sure you research study your risk level would you be fine offering your cash to someone else which is successfully what you’re doing and trusting them make certain you comprehend what they’re purchasing totally if you’re somebody who isn’t wishing to be that risky don’t pick someone who’s completely into crypto or currency conversion think of it you ‘d most likely want a foundation of strong commodities
currency sets, shares, diversify, contract for distinction, asset classes,
like gold and even oil plus more conventional etfs and index funds you might not want some up-and-coming single stocks in your portfolio do the same with who you’re following now as i say you can really use this too truly easily over here you can copy people now it will offer you a great deal of choices and you can utilize the system to in fact search for somebody that you fancy in fact following so let’s see perhaps we desire somebody from joined kingdom um who buys let’s see who does etfs they have actually acquired a minimum of 10 yeah that sounds fair that sounds an excellent amount and i can find everyone who has met that criteria and it does offer you a risk element as well 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 imply someone will make 56 for you for the next 12 months they might make four or minus 50 there’s no other way to guarantee so do keep that in mind and as basic as clicking the copy button and off you go and then you know ask you to confirm are you okay with this and off you go now another way to in fact deep dive if we click this person for instance ruby mza as an example you can actually deep dive into what is she really purchasing 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 good to know ibm paypal yep she’s absolutely like kind of into those blue box and the tech industry she’s got a few of mine in fact that i invest in too which is good so really for me understanding what i like to buy my specific stocks and shares she would resonate with me she’s got a good spread in tech companies that appears to be what she prefers she’s likewise got a bit more um of the sort of primary food business and you have actually got you know pharmaceutical and production business as that. Co.Comnection Etoro.
diversify your portfolio, margin, etoro (uk) ltd, copy trading, cryptocurrency exchanges, cryptocurrencies, ecn, fund manager, etf, coinbase,, liquidity, indexes, market order