Etoro Network Congestion Withdrawal Suspend – Ask Mary Traders

We get htis a lot on our site the answer to Etoro Network Congestion Withdrawal Suspend….Questions that i hear from brand-new investors what if you’re brand new to investing you just don’t want to decide what you really wish to invest and you want someone to do it for you there’s just a number of ways that that can happen the firstly you can work with an investment portfolio manager they’ll normally charge a rather a high premium to do that maybe one or two percent of your revenues will go to them the other thing is obviously you can buy mutual funds specific funds are developed 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 keep in mind this platform is rather advanced you can do cfds which obviously cfds are ways of investing

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with not really having the total of capital so with anything that you’re finding out about please do study the platform don’t simply assume because i utilize it that you can utilize it right now do some due diligence have a little play around with it even invest with virtual cash they consider that choice also so you really get used to the structure of the site 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 danger this is investing we’re doing you’re buying genuine companies if you pick to in this particular video we’re discussing how to copy other individuals’s financial investments with your cash so undoubtedly your capital is at danger and we need to bear that in mind do not simply do something because that person has actually stated they have actually made profit 14 months in a row invest in these options due to the fact that you think is the right ones for you and that being said 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 belongs to social trading which is one aspect that is most likely.

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popular for it’s the option to see what other traders are doing extraordinary we do not usually get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading therefore that suggests with our money we can really state i want to do precisely what that trader is doing or match that specific portfolio of options and basically each time they make a trade they buy they sell whatever they do your cash will be simulated with it so that means 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 also cover is the costs involved actually vital you comprehend what are the expenses of this now with any platform there will be some cost to clearly 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 some of the zero fee websites then may not charge you for actually buying and selling funds or etfs individual commodities individual 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 reveal you the fees with in particular in this video the next would be things to know before you really begin investing in 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 kick off with fees truly crucial to understand these now on there’s a number of costs there isn’t charges to do with in fact buying and selling fine so commission charges are totally free however there are a couple of other costs the very first one is withdrawal fees so you can obviously put cash 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 in the future however when you wish to withdraw your money so you offer 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 obviously knowing that i’m going to make sure that i’m just withdrawing when i definitely need to now you might state okay 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 somewhere and withdrawal costs are simply among those choices that they have a lot of platforms obviously 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 as soon as every six months you know depends totally how you’re investing but that is a fee to keep in mind the 2nd charge that i’ve discussed is that conversion cost now with you’re dealing in us dollars just there’s not an alternative to buy in euros or uk and that’s fine that fits me.

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a lot of my stocks are us dollar stocks anyway or the etfs that i’m buying or even 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 two open market anybody this is basic they have i suppose stuck with whatever cost they charge for that conversion rate you sort of have to accept you know if you want to utilize their platform go from uk to us then that conversion cost is there what are they really providing 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 say offer me us dollars rather you have to pay their charges now the great feature of however when you’ve converted your cash you do not have to invest it right away that dollar value can being in your portfolio as cash dollars for as long as you like so that indicates the preliminary day that you buy or transform your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any additional charges so that’s really great utilizing that part of their website won’t definitely restrict you in any way however we need to understand 2 other charges the first being what’s called spread fees fine and i’m going to reveal you what i indicate on now a spread cost as i’m going to show you

on is basically the distinction that becomes part of the investment platform between the buy price and the price fine 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 in fact implies that when you wish to purchase or sell as you can see it’s not the rate you’re seeing up here let me reveal you that once again so the present cost of tesla is the value of a share what’s called spread charges is the distinction then actually to buy that share on the platform and you’ll find this everywhere this is another manner in which they make a small amount of benefit from you every time you do a purchaser’s share so keep that in mind certainly it’s more expensive to buy than it is to sell so they’re going to provide you less back with your sale and you say okay well why does that occur it simply does that is the nature of a lot of platforms out there there’s a difference 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 out charges it’s normally extremely small it could be a matter of pens matter of cents in there but that’s one location every investment firm will once again make a bit cash now the last task is called an

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over night charge now this is truly essential if you’re in fact utilizing cfds yourself too an overnight charge is when you’re not doing that buy offer transaction in the exact same day fine there’s then an overnight cost charged or even if you go from the friday to the monday before sailing a weekend fee now this just applies to cfds so if you’re actually buying out the etf the stock the product and utilizing time one leverage which means you’re in fact buying the precise asset instead of using utilize anyhow you will not get hit with these charges but these costs are if you’re utilizing leverage and cfds and after that you’re going to have these costs if you’re not buy selling in the same day so let’s state if you enter into the assistance area this isn’t the overnight charges information 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 over night or you’re doing over weekends which only applies as i stated to cfds there are some additional charges obviously depending upon what you are purchasing as well this is on your own so keep that in mind however full charges are completely within their assistance details alright and we spoke about as well as free to deposit in however there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds typical product stock shares whatever there’s that 5 dollar withdrawal charge now another thing to call it as i’ve stated copy trading and copy portfolios are 2 different methods of really utilizing these copy works they don’t have any additional fees on top of the normal costs that

are there now what you require to keep in mind though is these possibly managed by other individuals completely or sometimes have produced portfolios you’ve got a real person doing the management you need to ensure you pick the person that’s right for you much like any profession this is your monetary possessions so we absolutely require to make certain it’s the right individual for us before 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 choices for us to start with if you’re brand new to investing i wish to draw your attention to this within you have the option to invest real money or a virtual platform virtual ways i think you get yep a hundred thousand dollars to play with and it’s not real money that you’re investing you won’t require to put in your credit card information or anything you can basically have this virtual portfolio mimic as if you are using your own money but actually purchase pretend buy copy individuals whatever you like if you’re not

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feeling comfortable with utilizing your genuine money perhaps this is a fantastic 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 option as a method to sort of safe have fun with it undoubtedly you might have lost out on gains and losses throughout that time of course if you had actually invested your genuine money it permits you to construct self-confidence understand the platform so that’s one option for you then next week and i’m going to go back to my genuine portfolio here now we’re going to deep dive really how to copy individuals and copy portfolios now here’s something to remember prior to you choose somebody that you’re going to copy or a portfolio you’re going to copy ensure you understand what your threat profile is now what do i indicate by that clearly 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 implies am i fine with potentially losing a good 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 cash that’s why they make the statistic 75 individuals will lose money however that similarly means they’ll lose eventually in their journey certainly individuals do make money also and i’ve got videos all about how you can ensure you are among the people to actually generate income but in this scenario make sure you research study your danger level would you be all right providing your cash to another person which is successfully what you’re doing and trusting them make certain you understand what they’re buying completely if you’re someone who isn’t wishing to be that risky don’t select somebody who’s completely into crypto or currency conversion think of it you ‘d probably want a backbone of strong commodities

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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 very same with who you’re following now as i state you can actually use this too really easily over here you can copy people now it will give you a great deal of choices and you can use the system to actually look for somebody that you elegant really following so let’s see maybe we want somebody from united kingdom um who buys let’s see who does etfs they have actually gotten a minimum of 10 yeah that sounds reasonable that sounds a great quantity and i can find everyone who has actually fulfilled that requirements and it does offer you a threat factor too 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 individuals that have rather high returns

bear in mind it’s like anything to do with the news or forecasts of the future this does not imply somebody will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no way to guarantee so do keep that in mind and as easy as clicking the copy button and off you go and after that you understand ask you to verify are you fine with this and off you go now another method to really deep dive if we click this person for instance ruby mza as an example you can really 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 excellent to know ibm paypal yep she’s definitely like kind of into those blue box and the tech market she’s got a few of mine really that i invest in too which is good so really for me knowing what i like to invest in my specific stocks and shares she would resonate with me she’s got a great spread in tech business that appears to be what she prefers she’s likewise got a bit more um of the sort of main food business and you have actually got you understand pharmaceutical and production business as that. Etoro Network Congestion Withdrawal Suspend.

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