Etoro App Keeps Crashing – 0% Commission on Stocks

We get htis a lot on our site the answer to Etoro App Keeps Crashing….Concerns that i hear from brand-new financiers what if you’re brand new to investing you just do not wish to choose what you in fact wish to invest and you want someone to do it for you there’s just a number of manner ins which that can take place the first of all you can work with an investment portfolio manager they’ll normally charge a quite a high premium to do that perhaps a couple of percent of your profits will go to them the other thing is obviously 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 an overall 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 learning about please do study the platform don’t 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 money they give that alternative also so you actually get used to the structure of the site and then when you’re ready to use 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 investing in genuine business if you choose to in this particular video we’re speaking about how to copy other people’s investments with your money so certainly your capital is at threat and we need to bear that in mind do not simply do something since that person has actually said they have actually made profit 14 months in a row purchase these options because you believe is the right ones for you and that being said let’s dive directly 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’s part of social trading which is one aspect that is probably.

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well-known for it’s the option to see what other traders are doing extraordinary we don’t normally get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading therefore that means with our cash we can actually state i want to do precisely what that trader is doing or match that precise portfolio of alternatives and generally every time they make a trade they buy they sell whatever they do your cash will be mimicked with it so that implies if for example 10 of their financial 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 actually critical you comprehend what are the expenses of this now with any platform there will be some cost to obviously these are genuine companies that are investing they’re doing the purchasing the selling for you there’s going to be charges involved and even some of the zero fee websites then might not charge you for in fact buying and selling etfs or funds individual products private stocks.

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there’ll be charges on other parts perhaps it’s our fx rate when you’re changing from uk to u.s dollars there’s all kinds 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 before you in fact start purchasing copy trading or copy portfolios and finally some best suggestions best practices if you are considering this as a tool whether you start your journey or your advanced financier so let’s begin with fees truly essential to comprehend these now on there’s a number of fees there isn’t charges to do with actually buying and selling okay so commission charges are free nevertheless there are a number of other fees the first one is withdrawal charges so you can undoubtedly put money in now if you’re in the uk we put our uk cash.

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and it’s immediately converted into us dollars and i’ll cover a little point about that later however when you want to withdraw your money so you offer your shares you offer your products whatever you’re offering the minimum amount you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me naturally knowing that i’m going to make certain that i’m only withdrawing when i definitely need to now you may say fine that’s rather costly 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 simply among those alternatives that they have a lot of platforms obviously are free to do such things has this 5 dollar charge so in my eyes make your withdrawals largely it can be maybe even once a year when every six months you know depends entirely how you’re investing but that is a cost to remember the second cost that i’ve discussed is that conversion cost now with you’re dealing in us dollars only there’s not an option to buy in euros or uk and that’s great that fits me.

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a lot of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing and even some crypto so i’m great 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 two open market anyone at all this is standard they have i expect stuck with whatever cost they charge for that conversion rate you kind of need to accept you know if you wish to utilize their platform go from uk to us then that conversion cost 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 say offer me us dollars instead you need to pay their fees now the terrific feature of though when you have actually converted your money you do not have to invest it right away that dollar value can being in your portfolio as money dollars for as long as you like so that indicates the initial day that you purchase or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any additional charges so that’s actually good utilizing that part of their website won’t certainly limit you in any way however we have to know two other charges the first being what’s called spread fees alright 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 distinction that belongs to the investment platform between the buy rate and the list price all right 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 value 599 per share in tesla that actually suggests that when you wish to purchase or sell as you can see it’s not the cost you’re seeing up here let me reveal you that once again so the current price of tesla is the value of a share what’s called spread costs is the difference then in fact to buy that share on the platform and you’ll find this all over this is another manner in which they make a small amount of make money from you every time you do a purchaser’s share so keep that in mind obviously it’s more pricey to buy than it is to offer so they’re going to offer you less back with your sale and you say okay well why does that occur it just does that is the nature of a lot 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 bit of cash on those spread charges it’s generally extremely small it could be a matter of pens matter of cents in there but that’s one location every investment company will once again make a bit money now the last feat is called an

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over night fee now this is actually essential if you’re in fact utilizing cfds yourself as well an over night fee is when you’re not doing that buy sell deal in the exact same day fine there’s then an over night cost charged or even if you go from the friday to the monday before sailing a weekend charge now this only applies to cfds so if you’re actually buying out the etf the stock the commodity and utilizing time one utilize which implies you’re actually buying the specific asset instead of utilizing take advantage of anyway you won’t get hit with these charges however these fees are if you’re using take advantage of and cfds and then you’re going to have these costs if you’re not buy selling in the very same day so let’s state if you go into the help area this isn’t the overnight fees info you can see exactly the breakdown and it’ll inform you what are the charges what are the charges then for when you’re doing over night or you’re doing over weekends which only applies as i stated to cfds there are some added fees of course depending on what you are investing in also this is on your own so keep that in mind however complete charges are completely within their assistance info all right and we spoke about in addition to complimentary to deposit in however there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds regular product stock shares everything there’s that 5 dollar withdrawal fee now another thing to call it as i’ve stated copy trading and copy portfolios are 2 various ways of actually using these copy functions they don’t have any additional fees on top of the typical charges that

are there now what you need to remember though is these possibly handled by other individuals completely or often have developed portfolios you have actually got a genuine person doing the management you need to make certain you pick the person that’s right for you similar to any kind of work this is your monetary possessions so we absolutely need to make certain 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 couple 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 option to invest real cash or a virtual platform virtual methods i think you get yep a hundred thousand dollars to have fun with and it’s not real money that you’re investing you will not require to put in your credit card information or anything you can essentially have this virtual portfolio simulate 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 money maybe this is a fantastic choice for you once again to evaluate the theories alright you may want to buy tesla or apple or this etf why not use the virtual option as a way to sort of safe play with it undoubtedly you might have missed out on gains and losses throughout that time obviously if you had actually invested your real cash it allows you to build self-confidence comprehend the platform so that’s one choice for you then next week and i’m going to go back to my real portfolio here now we’re going to deep dive in fact how to copy people and copy portfolios now here’s something to remember 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 clearly for me i’m investing long term and they tend to say the longer you’re leaving your financial investments the riskier you can be risk just indicates am i alright with possibly losing a great quantity of this investment or getting as

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well now keep in mind 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 equally means they’ll lose at some point in their journey undoubtedly people do earn money also and i’ve got videos everything about how you can ensure you’re one of the people to actually make money but in this scenario make sure you research your danger level would you be alright offering your cash to another person which is effectively what you’re doing and trusting them ensure you comprehend what they’re buying fully if you’re someone who isn’t wanting to be that risky do not select somebody who’s completely into crypto or currency conversion think of it you ‘d probably desire a backbone of strong products

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like gold and even oil plus more traditional 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 actually easily over here you can copy individuals now it will provide you a lot of choices and you can use the system to actually look for someone that you elegant actually following so let’s see maybe we desire somebody from united kingdom um who buys let’s see who does etfs they’ve gotten a minimum of 10 yeah that sounds fair that sounds a great amount and i can discover everyone who has met that requirements and it does give you a threat aspect 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 forecasts 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 guarantee so do keep that in mind and as basic as clicking the copy button and off you go and after that you know ask you to verify are you fine with this and off you go now another way to actually deep dive if we click on this person for example ruby mza as an example you can really deep dive into what is she in fact investing in so let’s enter into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a little bit so that’s excellent to know ibm paypal yep she’s definitely like sort of into those blue box and the tech industry she’s got some of mine in fact that i invest in too which is good so really for me knowing what i like to purchase my specific stocks and shares she would resonate with me she’s got an excellent spread in tech companies that seems to be what she chooses she’s likewise got a bit more um of the kind of primary food companies and you’ve got you know pharmaceutical and production companies as that. Etoro App Keeps Crashing.

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