Etoro Chinese Customer Service – 0% Commission on Stocks

We get htis a lot on our site the answer to Etoro Chinese Customer Service….Concerns that i hear from new financiers what if you’re brand new to investing you merely don’t want to choose what you really want to invest and you want somebody to do it for you there’s just a number of manner ins which that can occur the firstly you can work with an investment portfolio manager they’ll generally 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 naturally you can purchase mutual funds specific funds are created 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 also now if you’re brand new to a total please keep in mind this platform is rather sophisticated you can do cfds which obviously cfds are ways of investing

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with not in fact having the total of capital so with anything that you’re discovering please do study the platform do not simply assume because i use it that you can utilize it right now do some due diligence have a little experiment with it even invest with virtual money they give that choice too so you actually get used to the structure of the website and then when you’re ready to use your own cash 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 specific video we’re speaking about how to copy other people’s financial investments with your money so undoubtedly 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 earnings 14 months in a row buy these choices since you believe is the best 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 comprehending 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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popular for it’s the option to see what other traders are doing incredible we do not usually get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading therefore that suggests with our cash we can actually say i want to do precisely what that trader is doing or match that precise portfolio of options and essentially each time they make a trade they buy they sell whatever they do your money will be simulated 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 also cover is the charges involved truly vital you understand what are the expenses of this now with any platform there will be some cost to certainly these are genuine business that are investing they’re doing the purchasing the selling for you there’s going to be charges included and even a few of the zero charge websites then may not charge you for really buying and selling funds or etfs private commodities private stocks.

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there’ll be costs 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 reveal you the fees with in particular in this video the next would be things to understand prior to you really begin buying copy trading or copy portfolios and lastly some finest advice best practices if you are thinking of this as a tool whether you start your journey or your more advanced financier so let’s kick off with fees truly essential to understand these now on there’s a couple of charges there isn’t fees to do with in fact buying and selling alright so commission fees are totally free however there are a number of other costs the very first one is withdrawal fees so you can undoubtedly put cash in now if you’re in the uk we put our uk cash.

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and it’s automatically converted into us dollars and i’ll cover a little point about that later but when you wish 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 obviously knowing that i’m going to ensure that i’m just withdrawing when i definitely require to now you might state all right 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 somewhere and withdrawal charges are just among those options 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 mainly it can be perhaps even once a year when every 6 months you understand depends completely how you’re investing but that is a charge to keep in mind the 2nd charge that i’ve discussed is that conversion cost now with you’re dealing in us dollars only there’s not a choice to purchase in euros or uk and that’s fine that suits me.

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a lot of my stocks are us dollar stocks anyhow or the etfs that i’m buying or perhaps some crypto so i’m great with that we have what’s called the fx currency conversion fee now when you utilize anybody so if you’re using trading two and 2 free trade anybody this is basic they have actually i suppose stuck to whatever charge 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 fee is there what are they actually offering you in regards to 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 rather you have to pay their fees now the fantastic feature of though when you have actually converted your cash you do not need to invest it right now that dollar value can sit in your portfolio as money dollars for as long as you like so that suggests the preliminary day that you purchase or convert your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any additional costs so that’s actually excellent utilizing that part of their website will not definitely restrict you in any way however we need to understand two other charges the very first being what’s called spread fees all right and i’m going to show you what i imply on now a spread cost as i’m going to reveal you

on is essentially the difference that is part of the investment platform in between the buy cost and the sale price okay 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 suggests that when you want to buy or offer as you can see it’s not the rate you’re seeing up here let me show you that once again so the existing cost of tesla is the value of a share what’s called spread fees is the difference then really to buy that share on the platform and you’ll discover this all over this is another manner in which they make a percentage of profit from you whenever you do a purchaser’s share so keep that in mind certainly it’s more costly to buy than it is to sell so they’re going to offer 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 lot of platforms out there there’s a distinction in between if you’re buying it then you want to offer it which is how they make a little bit of money on those spread out costs it’s typically 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 cash now the last feat is called an

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overnight cost now this is truly crucial if you’re in fact using cfds yourself too an overnight cost is when you’re refraining from doing that buy sell transaction in the very same day fine there’s then an overnight charge charged or even if you go from the friday to the monday before cruising a weekend charge now this only applies to cfds so if you’re really buying out the etf the stock the commodity and utilizing time one utilize which implies you’re actually purchasing the precise asset rather than using utilize anyway you won’t get hit with these costs but these fees 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 very same day so let’s state if you go into the aid section this isn’t the over night fees 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 only uses as i stated to cfds there are some surcharges of course depending on what you are buying as well this is on your own so keep that in mind but full charges are totally within their aid information fine and we talked about as well as totally free to deposit in however there’s a five dollar charge if you wish to withdraw from anything whether it’s been cfds normal commodity stock shares everything there’s that five dollar withdrawal charge now another thing to call it as i’ve said copy trading and copy portfolios are 2 various ways of really utilizing these copy functions they do not have any extra charges on top of the normal charges that

exist now what you require to bear in mind though is these potentially handled by other individuals totally or in some cases have produced portfolios you’ve got a real individual doing the management you have to make certain you pick the individual that’s right for you much like any kind of work this is your financial assets so we definitely require 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 utilize this function we have actually got a couple of various alternatives for us first of all 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 have fun with and it’s not real money that you’re investing you will not need to put in your charge card information or anything you can generally have this virtual portfolio mimic as if you are using your own money but actually purchase pretend buy copy people whatever you like if you’re not

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feeling comfy with utilizing your real money maybe this is a terrific option for you once again to test the theories fine you might want to buy tesla or apple or this etf why not use the virtual choice as a way to sort of safe have fun with it undoubtedly you may have lost out on gains and losses throughout that time naturally if you had invested your genuine cash it enables you to build confidence comprehend 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 in fact how to copy people and copy portfolios now here’s something to remember prior to you pick someone that you’re going to copy or a portfolio you’re going to copy make certain you comprehend what your danger profile is now what do i suggest 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 run the risk of simply means am i fine with possibly losing an excellent quantity of this financial investment or getting as

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well now remember whatever is downs and ups you will earn money you’ll lose cash that’s why they make the figure 75 people will lose money however that equally suggests they’ll lose at some point in their journey clearly people do make money too and i’ve got videos everything about how you can make sure you are among individuals to actually earn money however in this circumstance make certain you research study your danger level would you be all right offering your money to someone else which is effectively what you’re doing and trusting them make certain you comprehend what they’re investing in completely if you’re somebody who isn’t wanting to be that dangerous don’t select somebody who’s completely into crypto or currency conversion consider it you ‘d probably want a backbone of strong commodities

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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 same with who you’re following now as i say you can in fact utilize this too truly easily over here you can copy individuals now it will give you a lot of choices and you can use the system to really search for someone that you elegant actually following so let’s see maybe we want someone from united kingdom um who invests in let’s see who does etfs they’ve gotten a minimum of 10 yeah that sounds reasonable that sounds an excellent quantity and i can discover everyone who has actually satisfied that requirements and it does give you a threat factor as well so it tends to be the higher the number the more riskier they are with their stock investing now obviously there are a number of people that have quite high returns

keep in mind it’s like 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 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 then you know ask you to validate are you okay 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 really investing in 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 certainly like sort of into those blue box and the tech market she’s got some of mine actually that i invest in too which is great so really for me understanding what i like to purchase my individual stocks and shares she would resonate with me she’s got a good spread in tech business that seems to be what she prefers she’s also got a little bit more um of the type of main food business and you have actually got you know pharmaceutical and production business as that. Etoro Chinese Customer Service.

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