How To Send Money From Revolut To Etoro – Get the answer

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How To Send Money From Revolut To Etoro….Questions that i speak with 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 somebody to do it for you there’s just a number of ways that that can take place the to start with you can work with a financial investment portfolio manager they’ll generally charge a rather a high premium to do that perhaps a couple of percent of your profits will go to them the other thing is obviously you can buy 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 remember this platform is quite sophisticated you can do cfds which naturally cfds are ways of investing

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with not really having the total of capital so with anything that you’re learning about please do study the platform don’t just presume due to the fact that i use it that you can use it right away do some due diligence have a little play around with it even invest with virtual cash they give that alternative too so you really get used to the structure of the site and then when you’re ready to utilize your own money to invest you can do so now i will disclaim of course your capital is at threat this is investing we’re doing you’re investing in genuine companies if you pick to in this specific video we’re talking about how to copy other individuals’s investments with your money so obviously 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 profit 14 months in a row buy these choices due to the fact that you believe is the best ones for you and that being said let’s dive directly 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 probably.

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popular for it’s the alternative to see what other traders are doing unbelievable we don’t generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading therefore that means with our money we can really say i want to do exactly what that trader is doing or match that precise portfolio of alternatives and essentially whenever they make a trade they purchase they sell whatever they do your money will be simulated with it so that implies if for instance 10 of their investment portfolio remains in tesla guess what you’ll now be investing 10 of your money in so we’re going to also cover is the charges involved really crucial you understand what are the costs of this now with any platform there will be some expense to obviously these are genuine 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 fee websites then might not charge you for in fact buying and selling funds or etfs specific commodities individual stocks.

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a lot 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 cost now when you use anybody so if you’re using trading 2 and 2 open market anyone at all this is basic they have actually i suppose stuck to whatever fee they charge for that conversion rate you type of need to accept you understand if you wish to utilize their platform go from uk to us then that conversion charge is there what are they actually providing you in terms of 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 rather you need to pay their costs now the fantastic aspect of however when you have actually converted your money you do not need to invest it right away that dollar worth can being in your portfolio as money dollars for as long as you like so that suggests the initial day that you purchase or convert your dollars is the only charge that takes place 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 restrict you in any way however we need to know two other charges the very first being what’s called spread fees fine and i’m going to reveal you what i mean on now a spread cost as i’m going to reveal you

on is generally the distinction that is part of the investment platform between the buy cost and the price alright it’s their premium on doing both those 2 actions now tesla if you can see on this part of the website today tesla’s dollar worth 599 per share in tesla that actually means that when you want to offer or buy as you can see it’s not the cost you’re seeing up here let me show you that once again so the present cost of tesla is the worth of a share what’s called spread charges is the distinction 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 small amount of benefit from you each time you do a purchaser’s share so keep that in mind clearly it’s more expensive to purchase than it is to offer so they’re going to give you less back with your sale and you say alright well why does that happen it just does that is the nature of a lot of platforms out there there’s a distinction between if you’re buying it then you wish to sell it which is how they make a little bit of money on those spread costs it’s usually extremely little it could be a matter of pens matter of cents in there however that’s one location every investment company will once again make a bit money now the last feat is called an

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overnight charge now this is truly essential if you’re in fact using cfds yourself as well an over night cost is when you’re not doing that buy sell deal in the very same day alright there’s then an overnight charge charged or even if you go from the friday to the monday before cruising 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 leverage which indicates you’re really buying the exact asset rather than using leverage anyway you won’t get hit with these costs but these charges are if you’re utilizing utilize and cfds and after that you’re going to have these charges if you’re not buy selling in the very same day so let’s state if you go into the assistance area this isn’t the over night costs details you can see precisely the breakdown and it’ll inform you what are the charges what are the charges then for when you’re doing over night or you’re doing over weekends and that only uses as i said to cfds there are some surcharges obviously depending upon what you are investing in too this is on your own so keep that in mind but full costs are completely within their assistance info alright and we discussed in addition to totally free to deposit in but there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds normal product stock shares everything there’s that 5 dollar withdrawal fee now another thing to call it as i’ve said copy trading and copy portfolios are 2 different ways of really using these copy functions they don’t have any extra costs on top of the normal costs that

are there now what you require to remember though is these possibly managed by other people entirely or sometimes have created portfolios you have actually got a real person doing the management you need to make certain you select the person that’s right for you just like any line of work this is your financial properties so we absolutely need to ensure 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 use this function we’ve got a number of various choices for us to start with if you’re brand new to investing i want to draw your attention to this within you have the alternative to invest real money 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 won’t require to put in your charge card details or anything you can generally have this virtual portfolio imitate as if you are utilizing your own money however in fact buy pretend buy copy people whatever you like if you’re not

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feeling comfy with utilizing your genuine cash perhaps this is a fantastic alternative for you once again to test the theories alright you might wish to purchase tesla or apple or this etf why not use the virtual choice as a way to kind of safe have fun with it certainly you might have missed out on gains and losses during that time naturally if you had invested your real money it enables you to develop self-confidence comprehend the platform so that’s one choice for you then next week and i’m going to go back to my real portfolio here now we’re going to deep dive in fact how to copy individuals and copy portfolios now here’s something to bear in mind prior to you select someone that you’re going to copy or a portfolio you’re going to copy make sure you comprehend what your risk profile is now what do i indicate by that undoubtedly 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 means am i alright with possibly losing an excellent quantity of this financial investment or acquiring 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 figure 75 people will lose cash however that similarly means they’ll lose at some time in their journey undoubtedly individuals do earn money also and i’ve got videos everything about how you can make sure you are among individuals to in fact make money but in this situation ensure you research study your threat level would you be fine giving your cash to another person which is efficiently what you’re doing and trusting them make sure you understand what they’re buying completely if you’re somebody who isn’t wanting to be that dangerous do not pick somebody who’s totally into crypto or currency conversion think about it you ‘d probably desire a backbone of strong products

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like gold or even oil plus more conventional etfs and index funds you may not want 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 quickly over here you can copy individuals now it will offer you a lot of choices and you can use the system to in fact search for someone that you elegant really following so let’s see maybe we want somebody from joined kingdom um who invests in let’s see who does etfs they have actually gotten a minimum of 10 yeah that sounds reasonable that sounds a great amount and i can discover everyone who has fulfilled that requirements and it does give you a risk factor as well so it tends to be the greater the number the more riskier they are with their stock investing now undoubtedly there are a number of people that have quite high returns

remember it resembles anything to do with the news or predictions of the future this does not indicate 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 verify are you fine with this and off you go now another way to really deep dive if we click this person for example ruby mza as an example you can really deep dive into what is she in fact purchasing 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 great to understand ibm paypal yep she’s absolutely like type of into those blue box and the tech industry she’s got some of mine actually that i purchase too which is excellent so actually for me understanding what i like to invest in my specific stocks and shares she would resonate with me she’s got an excellent spread in tech companies that appears to be what she prefers she’s also got a bit more um of the kind of primary food companies and you have actually got you know pharmaceutical and production companies as that. How To Send Money From Revolut To Etoro.

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