How To Contact Etoro Customer Service 2021 | MBC

We get this a lot on our site and the answer to How To Contact Etoro Customer Service….Questions that i speak with new investors what if you’re brand new to investing you simply don’t want to decide what you in fact want to invest and you desire 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 typically charge a quite a high premium to do that maybe one or two percent of your revenues will go to them the other thing is of course you can purchase mutual funds particular 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 also now if you’re brand new to an overall please keep in mind this platform is quite innovative you can do cfds which of course cfds are ways of investing

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with not really having the full amount of capital so with anything that you’re discovering please do study the platform do not just presume due to the fact that i use it that you can utilize it right away do some due diligence have a little experiment with it even invest with virtual cash they consider that alternative too so you actually 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 risk this is investing we’re doing you’re buying genuine business if you pick to in this particular video we’re talking about how to copy other individuals’s financial investments with your money so obviously your capital is at risk and we have to bear that in mind do not just do something since that person has stated they’ve made revenue 14 months in a row buy these choices since you think is the right 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 element that is most likely.

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popular for it’s the choice to see what other traders are doing amazing we don’t normally get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading and so that indicates with our cash we can really state i wish to do precisely what that trader is doing or match that specific portfolio of choices and generally whenever they make a trade they purchase they sell whatever they do your cash will be imitated with it so that means if for example 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 understand what are the costs of this now with any platform there will be some cost to certainly these are real companies 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 might not charge you for actually buying and selling etfs or funds individual commodities specific stocks.

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there’ll be charges on other parts maybe it’s our fx rate when you’re changing from uk to u.s dollars there’s all sort of charges associated so do your due diligence and i’m going to reveal you the costs with in particular in this video the next would be things to understand before you really begin investing in copy trading or copy portfolios and lastly some finest recommendations finest practices if you are considering this as a tool whether you begin your journey or your more advanced financier so let’s begin with fees really crucial to comprehend these now on there’s a couple of costs there isn’t fees to do with actually buying and selling okay so commission costs are complimentary however there are a couple of other fees the first one is withdrawal costs so you can undoubtedly put money in now if you remain in the uk we put our uk money.

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and it’s immediately converted into us dollars and i’ll cover a little point about that in the future but when you want to withdraw your cash so you sell your shares you offer your commodities whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course knowing that i’m going to make certain that i’m just withdrawing when i absolutely need to now you might say fine that’s quite expensive and i get that however it’s all to do with how they run their platform they have to charge costs somewhere and withdrawal fees are just among those options that they have a lot of platforms clearly are totally 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 as soon as every 6 months you understand depends entirely how you’re investing however that is a charge to bear in mind the second charge that i’ve touched upon is that conversion fee now with you’re handling us dollars only there’s not an alternative to buy in euros or uk which’s great that fits me.

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a great deal of my stocks are us dollar stocks anyhow 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 fee now when you utilize anybody so if you’re using trading two and 2 free trade anybody this is basic they have i expect stuck with whatever cost they charge for that conversion rate you type of need to accept you know if you want to utilize their platform go from uk to us then that conversion cost exists what are they in fact giving 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 give me us dollars instead you have to pay their charges now the terrific thing about though when you have actually converted your cash you do not have to invest it immediately 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 convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any additional costs so that’s actually good utilizing that part of their site won’t certainly limit you in any way however we need to understand two other charges the very first being what’s called spread fees fine and i’m going to reveal you what i imply on now a spread cost as i’m going to show you

on is generally the difference that becomes part of the investment platform between the buy rate and the price alright 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 means that when you wish to buy 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 present price of tesla is the value of a share what’s called spread fees 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 make money from you whenever you do a purchaser’s share so keep that in mind certainly it’s more costly to purchase than it is to offer so they’re going to give you less back with your sale and you say okay 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 wish to offer it which is how they make a bit of money on those spread out costs it’s normally incredibly small it could be a matter of pens matter of cents in there however that’s one place every investment company will again make a little bit money now the last feat is called an

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over night charge now this is really important if you’re actually using cfds yourself as well an overnight charge is when you’re refraining from doing that buy offer transaction in the same day alright there’s then an over night fee charged or perhaps if you go from the friday to the monday before sailing a weekend fee 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 in fact purchasing the exact asset instead of using take advantage of anyhow you will not get hit with these fees but these charges are if you’re using take advantage of and cfds and after that you’re going to have these charges if you’re not buy selling in the same day so let’s state if you enter into the help area this isn’t the over night costs information you can see precisely the breakdown and it’ll tell you what are the charges what are the fees then for when you’re doing overnight or you’re doing over weekends which just uses as i said to cfds there are some surcharges naturally depending upon what you are investing in also this is on your own so keep that in mind but full charges are totally within their help info fine and we talked about along with complimentary to deposit in however there’s a five dollar charge if you wish to withdraw from anything whether it’s been cfds typical commodity stock shares whatever there’s that 5 dollar withdrawal cost now another thing to call it as i have actually said copy trading and copy portfolios are 2 various methods of in fact utilizing these copy functions they don’t have any additional charges on top of the normal charges that

are there now what you require to bear in mind though is these potentially handled by other individuals completely or often have developed portfolios you have actually got a genuine person doing the management you have to make certain you pick the person that’s right for you similar to any line of work this is your financial 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 utilize this function we have actually 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 choice to invest genuine cash or a virtual platform virtual methods i believe you get yep a hundred thousand dollars to play with and it’s not real cash that you’re investing you won’t need to put in your credit card information or anything you can basically have this virtual portfolio imitate as if you are utilizing 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 cash perhaps this is a terrific choice for you once again to evaluate the theories alright you may want to purchase tesla or apple or this etf why not use the virtual option as a way to kind of safe have fun with it obviously you might have lost out on gains and losses during that time obviously if you had invested your real money it permits you to develop confidence understand 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 actually how to copy individuals and copy portfolios now here’s something to keep in mind before you pick somebody that you’re going to copy or a portfolio you’re going to copy make sure you understand what your danger profile is now what do i indicate by that clearly for me i’m investing long term and they tend to say the longer you’re leaving your investments the riskier you can be risk just indicates am i alright 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 generate income you’ll lose money that’s why they make the fact 75 individuals will lose cash however that equally suggests they’ll lose eventually in their journey clearly individuals do make money too and i have actually got videos everything about how you can ensure you are among individuals to really earn money but in this circumstance ensure you research study your risk level would you be alright offering your money to somebody else which is efficiently what you’re doing and trusting them ensure you comprehend what they’re investing in fully if you’re someone who isn’t wishing to be that risky do not select somebody who’s entirely into crypto or currency conversion think about it you ‘d most likely want a foundation of strong products

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like gold or perhaps oil plus more standard 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 truly easily over here you can copy people now it will offer you a lot of choices and you can utilize the system to actually search for somebody that you fancy actually following so let’s see maybe we desire someone from joined kingdom um who buys let’s see who does etfs they have actually acquired at least 10 yeah that sounds reasonable that sounds a great amount and i can discover everyone who has fulfilled that criteria and it does give you a danger element as well so it tends to be the higher the number the more riskier they are with their stock investing now undoubtedly there are a variety of people that have rather high returns

keep in mind it’s like 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 chance to ensure 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 validate are you fine with this and off you go now another method 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 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 good to know ibm paypal yep she’s certainly like sort of into those blue box and the tech market she’s got a few of mine in fact that i buy too which is good so in fact for me understanding what i like to buy my private stocks and shares she would resonate with me she’s got an excellent spread in tech business that seems to be what she chooses she’s also got a little bit more um of the kind of primary food companies and you’ve got you know pharmaceutical and production business as that. How To Contact Etoro Customer Service.

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