We discuss Etoro, The Commission-free Brokerage Firm – Todays FAQ

 

Is it trustworthy?

Etoro, The Commission-free Brokerage Firm…to a pre-determined market method or focusing on a particular market sector as it states here they are developed around an idea performance metric or an algorithm that chooses its top performing properties and then next we have actually got the top trader copy portfolios top traders buy a group of traders these compromise the best performing traders on according to a predefined technique the traders within are picked by’s financial investment committee and algorithmically searching for particular trading qualities that are enhanced for profit then lastly we have actually got a partner copy portfolios these are portfolios produced by 3rd parties that carry out thorough market analysis and has partnered with and once again have a theme so let’s discuss a few of the advantages and disadvantages of copying individuals versus copying portfolios so i’m not going to explain what copyrighting is but if you need to know more about that then go check out my video which i’ll put a link to up here and in the description listed below to start with i would say the main pros of copy portfolios are that they benefit beginners who want a more hands-off technique in regards to the market copy portfolios i would state they are terrific if you want exposure to a specific market where you believe the industry will do well as a whole for instance you might desire direct exposure to lots of renewable resource companies or driverless vehicles business due to the fact that as a beginner you might not know much about individual stocks to pick it will also save you time as investigating lots of individual stocks can be extremely time consuming so letting do this on your behalf is excellent this is also real for the other two copy portfolio

Can you make money on the trading platform?

types for example as a newbie you might not know what constitutes an excellent trader to copy if you wish to know how i personally discover people to copy on then go check out my video which i’ll put a link to up here and in the description below choosing a trader based copy portfolio can give you direct exposure to lots of traders that are chosen by algorithmically this is great for diversity if you’re new to i personally would not invest all my cash in one trader and would try to spread it out over a number of them in case one of them doesn’t do well and on the odd celebration this does occur i learnt this through copying a trader when starting out so i was copying this person and at the start he was doing well then he just began to believe the marketplace would crash so he started shorting great deals of stocks and it never did and it simply kept increasing and then he still kept stating that the marketplace was going to crash and it never did so i lost a fair bit of money so this is likewise a caution that your capital Etoro, The Commission-free Brokerage Firm

Why is eToro thought about to be bad?

Definitely at risk eventually i needed to cut my losses with this trader and i believe i ended up losing over a thousand dollars in the end which i was not delighted about but i took a look at that trader even more down the line and he continued to lose more money so cutting my losses at that point i did was better than where i would have been 6 months further down the line so while previous performance is not prosecuted for future outcomes i have made some of my biggest revenues in copy portfolios for example i’ve been invested in the in the game copy portfolio considering that the 3rd of july 2017 and today’s date is the 25th of april 2021 so in just under four years i have actually made a crazy 210 profit also in 2015 i bought the big tech copy portfolio in january 2020 and now 16 months later this has actually made a massive 47.08 earnings and that is in simply over a year so if you compare that to a bank where you’ll be lucky to get one percent in a year today that’s that’s some ridiculous growth i’m getting here on however like i said past efficiency is not a sign of future outcomes so clearly there are some minor negatives to copy portfolios to start with it is not possible to get rid of a part of the financial investment it’s also not possible to close specific positions within a copy portfolio

Is eToro truly complimentary as they state?

This is my virtual account here so state for example you didn’t like a particular company or individual that the copy portfolio had actually invested in or say for example you wanted to close one position to take earnings you would need to close the investment completely so that’s something to bear in mind if you’re the kind of person who creams the top of the revenues off of a financial investment so then perhaps you need to invest directly into stocks or traders that you would want to copy rather than in a copy portfolio also while some of the copy portfolios have an entry point that begins at 1 000 us dollars the entry level on some of these is rather high all the trader based copy portfolios need at least 5 thousand us dollars and 5 thousand us dollars could be a lot so your option is to potentially look at some of the traders in these coffee portfolios or look at the stocks in a copy portfolio and then invest in them by hand yourself

obviously if you did this you would not get any rebalancing as you would on a copy portfolio now possibly another negative of copy portfolios and i could not discover this out for definite however my understanding is that on market copy portfolios there isn’t any stop losses on specific positions if someone from etora sees this video and wishes to verify this with me then please feel free to get in contact and then i’ll put it as the pin remark listed below now this doesn’t mean you can’t personally set a stop loss on the copy portfolio yourself however say for example if you’re copying a market copy portfolio it wouldn’t react and close out a position if there was a crash in the market whereas a genuine person might react to the market and close out positions and possibly buy back in at a lower entry point this might deserve thinking about when picking a market copy portfolio so to purchase copy portfolios

Why do you require 25k to day trade?

you would to start with go to the following link on the left here that states buy copy portfolios this is my virtual account as i stated before service and then from here you’ve got the 3 types of copy portfolios that we were discussing before and if you drill into these you can see all of the copy portfolios they have on deal and there’s loads of various ones in here with lots of different styles so it’s worth having a browse so say let’s just click on this crypto copy portfolio here that with its absolute crazy results of 935 area for 2 in the last 12 months that’s mad so it’s a really similar layout to a normal possession on with the eat the very first page the description on the right here will generally outline what the copy portfolio’s approach is and the minimum financial investment amount this ought to also lay out how typically it rebalances so as you can see for this crypto copy portfolio here the minimum financial investment amount is 1 000 us dollars so as i’ve simply seen here the description on the very first page does not constantly match the description on the second page so to discover the rebalancing if you go on here i’ve simply found that by searching for rebalancing you can see that this cryptocopy portfolio will be rebalanced yearly or by the financial investment committee discretion consisting of brand-new listings or de-listing based upon the terms discussed above and the minimum investment

{

and this suggests as it says here the stars are based upon back evaluated outcomes then you’ve got a typical threat rating here on the left hand side and likewise you can see the number of financiers in this copy portfolio and then down at the bottom we’ve got some nice graphs for net exposure and allocation then if you click on the portfolio here you can see the existing holdings in the portfolio and you’ve got some nice charts here which just reveal the various allotment but if you really wish to see the real holdings you can see the existing holdings in there in the portfolio and their existing earnings and loss here um and if you change this bit here you can see the historic trades this copy portfolio has actually closed out of so if we set that to perhaps one year you can see the historical trades this copy portfolio has actually closed out of then on the last tab we have a chart revealing the performance of this copy portfolio in time so to buy this you simply click the big button on the top right that states invest and after that you can set a quantity here that you want to put in then you can set a stop loss listed below and i’m just going to leave that at 400 this is my virtual account feel in one’s bones there is a minimum and an optimum on the stop loss here so if i press the invest here and now it began purchasing copy portfolio now this copy portfolio did open quickly since it’s a crypto portfolio and the marketplaces are open 24 7. now i’m tape-recording this video on a sunday Etoro, The Commission-free Brokerage Firm

so if you were to really invest in a copy portfolio that invested in stocks then it would not in fact open those positions up until the marketplaces open on monday so as you can see here this is the crypto portfolio on my virtual account and if you click the cog up here you can increment the financial investment you can pause the investment you can adjust the stop loss or you can close the investment now if you wish to increase the financial investment one thing i have actually observed when taking a look at a lot of these is that the minimum amount you can add to a copy portfolio once it is open is a thousand dollars now i do not know if that’s the same for all of them but i took a look at a handful and they did all seem to state it was a thousand that you could include minimum so that’s something certainly to remember when opening your copy portfolio position so i hope this video has been useful to you if you are thinking about buying a copy portfolio then please do your own due diligence initially if you’ve got any concerns on this video then please let me know in the comments let us know if you buy copy portfolios and if so which ones or

which ones do you believe could be a good investment i ‘d love to know and i read all your comments if you found this video useful in any way then i ‘d really value an early thumbs up as it actually assists support the channel likewise for those of you thinking about registering to and have not currently then there’s an an affiliate link below where if you do sign up using it then i will get a kickback and it does not cost you anything extra but it really assists support this channel so why not give a go before depositing any real cash as they will give you a demonstration account with a hundred thousand dollars of virtual money where you can experience all of the features like copy trading without losing any real money likewise if you wish to find out more about how works or more about personal finance and investing then i have numerous videos on my channel so i recommend you check them out so please subscribe and push the bell icon so you don’t lose out on any future updates it’s been ollie from get geek finance thank you for enjoying and i’ll capture you in the next one Etoro, The Commission-free Brokerage Firm