Not actually having the full amount of capital…Comment Gérer Une Entreprise… so with anything that you’re learning about please do study the platform do not simply assume due to the fact that i utilize it that you can use it right away do some due diligence have a little experiment with it even invest with virtual cash they consider that option also so you in fact get utilized 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 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 discussing how to copy other people’s investments with your money so certainly your capital is at danger and we need to bear that in mind do not simply do something since that individual has said they’ve made profit 14 months in a row invest in these choices due to the fact that you believe is the right ones for you and that being said let’s dive directly in [Music] so the important things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is probably.
popular for it’s the option to see what other traders are doing unbelievable we do not generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that indicates with our cash we can in fact say i wish to do precisely what that trader is doing or match that exact portfolio of options and essentially whenever they make a trade they buy they sell whatever they do your cash will be simulated with it so that suggests if for instance 10 of their financial investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to also cover is the costs included truly important you understand what are the expenses of this now with any platform there will be some expense to clearly these are real companies that are investing they’re doing the purchasing the selling for you there’s going to be charges involved and even some of the no cost sites then may not charge you for actually buying and selling etfs or funds individual products specific stocks.
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 type of charges associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to know prior to you really begin buying copy trading or copy portfolios and lastly some best suggestions best practices if you are thinking about this as a tool whether you start your journey or your more advanced investor so let’s begin with charges actually crucial to comprehend these now on there’s a couple of fees there isn’t charges to do with really buying and selling fine so commission costs are complimentary however there are a number of other charges the very first one is withdrawal fees so you can clearly put money in now if you’re in the uk we put our uk money.
and it’s immediately converted into us dollars and i’ll cover a little point about that later on but when you want to withdraw your cash so you sell your shares you sell your commodities whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me naturally understanding that i’m going to make certain that i’m only withdrawing when i absolutely require to now you might say all right that’s quite pricey and i get that however it’s all to do with how they run their platform they have to charge fees someplace and withdrawal fees are simply one of those choices that they have a lot of platforms undoubtedly are complimentary to do such things has this 5 dollar charge so in my eyes make your withdrawals mostly it can be maybe even once a year once every 6 months you know depends completely how you’re investing but that is a charge to bear in mind the second fee that i’ve discussed is that conversion cost now with you’re handling us dollars just there’s not an alternative to purchase in euros or uk and that’s fine that suits me.
a lot of my stocks are us dollar stocks anyhow or the etfs that i’m buying and even some crypto so i’m good with that we have what’s called the fx currency conversion fee now when you utilize anybody so if you’re using trading 2 and two free trade anyone at all this is standard they have actually i expect stuck with whatever charge they charge for that conversion rate you kind of have to accept you know if you wish to utilize their platform go from uk to us then that conversion fee is there what are they in fact offering 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 state give me us dollars rather you have to pay their costs now the fantastic aspect of however when you have actually converted your cash you do not need to invest it immediately that dollar value can being in your portfolio as money dollars for as long as you like so that indicates the initial day that you purchase or transform your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any extra charges so that’s truly great using that part of their website will not definitely restrict you in any way however we need to be aware of two other charges the very first being what’s called spread charges okay and i’m going to show you what i mean on now a spread cost as i’m going to show you Comment Gérer Une Entreprise.
You are offered numerous choices with this software and you can configure it however you see fit. If you’re looking to start trading the forex market however don’t know which system to select, then this may be exactly what you require.