Polo Cryptocurrency Trading Platform – 0% Commission on Stocks

We get htis a lot on our site the answer to Polo Cryptocurrency Trading Platform….Questions that i hear from brand-new investors what if you’re brand new to investing you just don’t wish to decide what you actually wish to invest and you want someone to do it for you there’s just a couple of manner ins which that can take place the to start with you can hire a financial investment portfolio manager they’ll normally charge a rather a high premium to do that possibly one or two percent of your earnings will go to them the other thing is obviously you can buy mutual funds specific 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 as well now if you’re brand new to a total please bear in mind this platform is quite innovative you can do cfds which obviously cfds are methods of investing

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with not actually having the full amount of capital so with anything that you’re learning about please do study the platform do not just presume since i use it that you can use it right now do some due diligence have a little play around with it even invest with virtual cash they give that choice too so you really get used to the structure of the website and after that when you’re ready to use your own money to invest you can do so now i will disclaim naturally your capital is at danger this is investing we’re doing you’re purchasing real business if you pick to in this specific video we’re talking about how to copy other individuals’s financial investments with your cash so obviously your capital is at danger and we have to bear that in mind do not simply do something because that person has actually said they have actually made profit 14 months in a row buy these choices because you believe is the best 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 aspect that is most likely.

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popular for it’s the alternative to see what other traders are doing unbelievable we do not usually get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that indicates with our cash we can really state i want to do exactly what that trader is doing or match that specific portfolio of choices and basically whenever they make a trade they buy they sell whatever they do your cash will be imitated with it so that implies 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 charges included actually critical you comprehend what are the costs of this now with any platform there will be some cost to clearly 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 a few of the absolutely no cost websites then might not charge you for in fact buying and selling funds or etfs specific commodities specific stocks.

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there’ll be charges on other parts possibly it’s our fx rate when you’re changing 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 prior to you actually begin buying copy trading or copy portfolios and finally some finest recommendations finest practices if you are thinking of this as a tool whether you begin your journey or your more advanced financier so let’s kick off with fees really essential to understand these now on there’s a couple of fees there isn’t fees to do with actually buying and selling okay so commission costs are complimentary nevertheless there are a number of other costs the first one is withdrawal fees so you can obviously put cash in now if you’re in the uk we put our uk money.

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and it’s instantly converted into us dollars and i’ll cover a little point about that in the future but when you wish to withdraw your cash so you sell your shares you sell your products whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me naturally understanding that i’m going to make sure that i’m only withdrawing when i definitely need to now you might state alright that’s quite expensive and i get that but it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal charges are simply one of those choices that they have a great deal of platforms clearly 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 as soon as every six months you know depends totally how you’re investing but that is a cost to bear in mind the second fee that i’ve discussed is that conversion fee now with you’re dealing in us dollars just there’s not a choice to purchase in euros or uk and that’s great that fits me.

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a great deal of my stocks are us dollar stocks anyway or the etfs that i’m buying or perhaps some crypto so i’m excellent 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 free trade anybody this is standard they have actually i expect 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 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 bargain with them you can’t go to the bank and state give me us dollars instead you have to pay their fees now the terrific aspect of though when you’ve transformed your cash you do not have to invest it right now that dollar worth can being in your portfolio as cash 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 happens now with copy trading and copy portfolios there aren’t any extra costs so that’s actually great utilizing that part of their website won’t certainly restrict you in any way however we need to know two other fees the first being what’s called spread fees okay and i’m going to reveal you what i indicate on now a spread fee as i’m going to reveal you

on is basically the difference that is part of the financial investment platform in between the buy cost and the list price all right it’s their premium on doing both those two actions now tesla if you can see on this part of the website right now tesla’s dollar worth 599 per share in tesla that actually indicates that when you want to purchase or sell as you can see it’s not the rate you’re seeing up here let me reveal you that again so the current price of tesla is the worth of a share what’s called spread costs is the distinction then really to purchase that share on the platform and you’ll find this everywhere this is another way that they make a small amount of benefit from you whenever you do a buyer’s share so keep that in mind undoubtedly it’s more costly to purchase than it is to sell so they’re going to give you less back with your sale and you state alright well why does that happen 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 wish to offer it which is how they make a little bit of money on those spread out costs it’s generally extremely little it could be a matter of pens matter of cents in there but that’s one location every investment firm will again make a little bit cash now the last task is called an

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overnight charge now this is truly essential if you’re actually using cfds yourself also an overnight charge is when you’re not doing that buy offer transaction in the same day fine there’s then an overnight cost charged or perhaps if you go from the friday to the monday prior to cruising a weekend fee now this just applies to cfds so if you’re actually buying out the etf the stock the commodity and using time one take advantage of which implies you’re in fact buying the exact asset rather than utilizing utilize anyhow you will not get hit with these fees but these fees are if you’re utilizing utilize and cfds and then you’re going to have these charges if you’re not buy selling in the exact same day so let’s state if you enter into the help area this isn’t the overnight fees info you can see precisely the breakdown and it’ll tell you what are the charges what are the costs then for when you’re doing overnight or you’re doing over weekends which just applies as i stated to cfds there are some service charges obviously depending upon what you are investing in as well this is on your own so keep that in mind however complete charges are totally within their help information okay and we spoke about in addition to totally free to deposit in however there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds normal product stock shares everything there’s that five dollar withdrawal charge now another thing to call it as i have actually said copy trading and copy portfolios are two different methods of in fact using these copy functions they do not have any additional charges on top of the normal charges that

are there now what you need to keep in mind though is these possibly managed by other people totally or often have actually produced portfolios you have actually got a real individual doing the management you have to make sure you choose the person that’s right for you similar to any type of work this is your monetary possessions so we absolutely need to ensure it’s the best individual 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 number of different choices 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 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 money 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 cash however in fact buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with using your real cash perhaps this is a terrific choice for you again to evaluate the theories alright you might want to buy tesla or apple or this etf why not utilize the virtual choice as a way to sort of safe have fun with it certainly you might have missed out on gains and losses throughout that time of course if you had actually invested your real cash it allows you to develop confidence understand the platform so that’s one option for you then next week and i’m going to go back 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 someone that you’re going to copy or a portfolio you’re going to copy make certain you understand what your risk profile is now what do i mean 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 run the risk of just means am i all right with possibly losing a good amount of this financial investment or getting as

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well now remember everything is ups and downs you will generate income you’ll lose cash that’s why they make the fact 75 individuals will lose money however that similarly means they’ll lose at some point in their journey undoubtedly people do earn money too and i’ve got videos all about how you can ensure you’re one of individuals to in fact make money however in this circumstance make certain you research study your danger level would you be alright providing your money to somebody else which is effectively what you’re doing and trusting them make sure you comprehend what they’re buying fully if you’re someone who isn’t wishing to be that risky do not choose someone who’s completely into crypto or currency conversion think of it you ‘d probably desire a foundation of strong commodities

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like gold or perhaps oil plus more standard etfs and index funds you may not want 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 truly easily over here you can copy individuals now it will give you a great deal of options and you can utilize the system to really search for somebody that you elegant really following so let’s see maybe we desire somebody from unified kingdom um who purchases let’s see who does etfs they have actually acquired at least 10 yeah that sounds reasonable that sounds a great quantity and i can discover everybody who has satisfied that requirements and it does provide you a danger element as well so it tends to be the greater the number the more riskier they are with their stock investing now clearly there are a variety of individuals that have quite high returns

keep in mind it’s like anything to do with the news or predictions of the future this does not imply somebody will make 56 for you for the next 12 months they could make 4 or minus 50 there’s no way to ensure so do keep that in mind and as simple as clicking the copy button and off you go and then you understand ask you to verify are you all right with this and off you go now another method to actually deep dive if we click this person for instance ruby mza as an example you can actually deep dive into what is she really buying 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 type of into those blue box and the tech industry she’s got a few of mine in fact that i buy too which is good so actually 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 companies that appears to be what she prefers she’s likewise got a little bit more um of the sort of primary food companies and you have actually got you understand pharmaceutical and production companies as that. Polo Cryptocurrency Trading Platform.

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