Why My Etoro Account Is Rejected – Now

We get htis a lot on our site the answer to Why My Etoro Account Is Rejected….Questions that i speak with brand-new investors what if you’re brand new to investing you just do not wish to choose what you really want to invest and you want someone to do it for you there’s only a couple of manner ins which that can take place the first off you can employ an investment portfolio supervisor they’ll usually charge a quite a high premium to do that perhaps a couple of percent of your earnings will go to them the other thing is obviously you can buy mutual funds specific funds are created 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 as well now if you’re brand new to a total please keep in mind this platform is quite advanced you can do cfds which naturally 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 don’t simply presume due to the fact that i utilize it that you can utilize it right now do some due diligence have a little experiment with it even invest with virtual cash they give that option as well so you really get utilized 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 naturally your capital is at risk this is investing we’re doing you’re investing in genuine companies if you choose to in this specific video we’re speaking about how to copy other people’s financial investments with your cash so obviously your capital is at risk and we have to bear that in mind do not simply do something since that individual has said they’ve made earnings 14 months in a row invest in these choices since you believe is the best ones for you and that being stated let’s dive directly in [Music] so 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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well-known for it’s the alternative to see what other traders are doing extraordinary we don’t usually get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading and so that suggests with our money we can really say i wish to do precisely what that trader is doing or match that specific portfolio of alternatives and generally whenever they make a trade they purchase they sell whatever they do your cash will be imitated with it so that indicates 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 involved truly crucial you comprehend what are the costs of this now with any platform there will be some expense to undoubtedly 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 no cost sites then might not charge you for actually buying and selling etfs or funds private commodities private stocks.

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there’ll be costs on other parts perhaps 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 show you the charges with in particular in this video the next would be things to know before you really start buying copy trading or copy portfolios and finally some best recommendations best practices if you are considering this as a tool whether you begin your journey or your advanced financier so let’s start with costs actually essential to comprehend these now on there’s a number of fees there isn’t costs to do with actually buying and selling all right so commission fees are complimentary nevertheless there are a couple of other fees the first one is withdrawal charges so you can certainly put cash in now if you’re in the uk we put our uk cash.

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and it’s instantly converted into us dollars and i’ll cover a little point about that later on however when you want to withdraw your money so you sell your shares you sell your products 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 naturally knowing that i’m going to make sure that i’m just withdrawing when i definitely require to now you might state okay that’s rather expensive and i get that but it’s all to do with how they run their platform they need to charge costs somewhere and withdrawal fees are simply one of those alternatives 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 mainly it can be perhaps even once a year once every six months you understand depends totally how you’re investing however that is a cost to keep in mind the 2nd cost that i have actually discussed is that conversion charge now with you’re dealing in us dollars only there’s not an option to purchase in euros or uk and that’s great that suits 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 cost now when you use anyone so if you’re utilizing trading 2 and 2 free trade anyone at all this is standard they have actually i expect stuck with whatever cost they charge for that conversion rate you sort of need to accept you understand if you wish to use their platform go from uk to us then that conversion cost is there 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 haggle with them you can’t go to the bank and state give me us dollars instead you need to pay their fees now the fantastic feature of though when you’ve converted your money you do not need to invest it right away that dollar worth can being in your portfolio as cash dollars for as long as you like so that indicates the preliminary day that you buy or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any additional fees so that’s truly good using that part of their site won’t certainly limit you in any way nevertheless we have to be aware of two other fees the very first being what’s called spread fees okay and i’m going to reveal you what i imply on now a spread fee as i’m going to show you

on is basically the distinction that is part of the financial investment platform in between the buy price and the sale price okay it’s their premium on doing both those 2 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 in fact implies that when you wish to sell or purchase as you can see it’s not the cost you’re seeing up here let me show you that once again so the current rate of tesla is the value of a share what’s called spread costs is the distinction then in fact to buy that share on the platform and you’ll find this all over this is another way that they make a small amount of benefit from you each time you do a purchaser’s share so keep that in mind obviously it’s more costly to purchase than it is to sell so they’re going to provide 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 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 money on those spread fees it’s typically incredibly little 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 little bit money now the last task is called an

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overnight fee now this is really important if you’re actually using cfds yourself also an over night cost is when you’re not doing that buy sell transaction in the exact same day all right 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 utilize which implies you’re actually buying the precise asset instead of using take advantage of anyhow you will not get hit with these charges but these charges are if you’re using leverage and cfds and then you’re going to have these fees if you’re not buy offering in the very same day so let’s say if you enter into the help section this isn’t the overnight fees information you can see precisely 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 just uses as i said to cfds there are some surcharges obviously depending on what you are buying as well this is on your own so keep that in mind however complete fees are totally within their help info fine and we talked 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 regular commodity stock shares everything there’s that five dollar withdrawal cost now another thing to call it as i have actually said copy trading and copy portfolios are 2 different ways of in fact using these copy functions they do not have any extra charges on top of the regular charges that

are there now what you require to keep in mind though is these possibly handled by other people entirely or often have actually produced portfolios you have actually got a real person doing the management you have to ensure you select the individual that’s right for you similar to any profession this is your financial assets so we absolutely require to make sure it’s the best person for us prior to we copy them so the first things i would call it if you do want to utilize this function we’ve got a number of different options for us to start with if you’re brand new to investing i wish to draw your attention to this within you have the alternative to invest genuine money or a virtual platform virtual means 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 require to put in your credit card details or anything you can basically have this virtual portfolio simulate as if you are using your own money but really purchase 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 terrific alternative for you again to evaluate the theories all right you may wish to purchase tesla or apple or this etf why not utilize the virtual choice as a method to kind of safe play with it clearly you may have missed out on gains and losses throughout that time naturally if you had invested your real money it enables you to construct 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 before you pick somebody that you’re going to copy or a portfolio you’re going to copy ensure you comprehend what your danger profile is now what do i suggest by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be risk just means am i fine with potentially losing a great amount of this financial investment or acquiring as

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well now keep in mind everything is downs and ups you will make money you’ll lose money that’s why they make the fact 75 individuals will lose cash however that equally indicates they’ll lose at some time in their journey obviously individuals do earn money too and i have actually got videos everything about how you can ensure you’re one of individuals to really generate income however in this circumstance make certain you research your threat level would you be all right giving your money to another person which is successfully what you’re doing and trusting them make certain you understand what they’re buying totally if you’re someone who isn’t wanting to be that dangerous do not pick someone who’s totally into crypto or currency conversion consider it you ‘d most likely desire a foundation of strong commodities

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like gold or perhaps oil plus more conventional 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 utilize this too truly easily over here you can copy individuals now it will offer you a lot of choices and you can use the system to actually search for somebody that you elegant in fact following so let’s see perhaps we want somebody from joined kingdom um who invests in let’s see who does etfs they’ve gained at least 10 yeah that sounds fair that sounds a good amount and i can find everybody who has actually fulfilled that requirements and it does provide you a threat element also so it tends to be the greater the number the more riskier they are with their stock investing now clearly there are a number of individuals that have rather high returns

keep in mind it resembles anything to do with the news or predictions of the future this does not suggest someone 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 basic as clicking the copy button and off you go and after that 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 in fact deep dive into what is she actually investing in so let’s enter into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a little bit so that’s good to know ibm paypal yep she’s definitely like kind of into those blue box and the tech market she’s got some of mine actually that i buy too which is excellent so in fact for me understanding what i like to purchase my private 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 also got a little bit more um of the kind of main food companies and you have actually got you understand pharmaceutical and production companies as that. Why My Etoro Account Is Rejected.

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