Find Leoni Etoro
So whilst talking we found out about Etoro Leoni…First lets talk about… I’m going to be covering one of my favourite investment platforms. to use now if you are someone who’s followed me for a long time there’s a couple of platforms that i use for our financial investment portfolios the first being lead i use them for my financial investment isa one of the key platforms i usage because of the range.
Of things that i can invest in my husband and i use it every month for our passive earnings difficulty so if you haven’t examined that out go and check it out now some of our videos where we invest small amounts of money and we basically need to competitively pick various alternatives and we actually utilize now i want to explain particularly if you’re in the uk it’s a cfd platform so that’s certificates
Different so it’s a particular way of really trading in the stock market so in today’s video i’m going to cover for novices if you’ve never thought about the platform i hope this is going to be truly beneficial for you i’m going to deep dive into a few of the pros and the cons and also provide you a high level view of how i utilize it and some of the tools and functions that i find really interesting as a somewhat advanced
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Investor i’ve been doing it for several years consisting of crypto consisting of different commodities and excellent old individual stocks and shares and [Music] etfs i will state though keep in mind with investments your capital is at danger this is not the like putting money in a bank you are really doing genuine transactions with genuine companies purchasing stocks and shares and commodities
Please comprehend what you’re investing in don’t just take my word for it don’t copy me believing i know all the responses do your own research make sure you use your own finest understanding before investing or even going near a financial investment platform so i was really dive into some of the benefits and drawbacks of using so very first thing i will state once again it’s a cfd conventional platform that indicates it’s.
Contracts for distinction that it handles now cfd platform implies that you can use utilize when you’re purchasing shares and stocks and i’m not going to deep dive too much into that but it’s generally a way of really investing when you do not have the full amount of capital there so obviously it comes with a great deal of rewards but a great deal of risks as well where you might even really end up.
Owing the investment platform money if you make their own options so i’m not going to cover that in this video in any day so it started in 2007 there’s roughly over 10 million active users around the world and you can purchase basically anything you can think of in the stock exchange and products and even cryptocurrency so for me as an investor it’s definitely my more advanced.
Methods it does not have investment isas or any kind of tax efficient investing in the uk and therefore everything i make dividends and in fact buying and selling of stocks i have to pay the accordingly capital gains and dividend tax it’s a bit more complicated without doubt compared to some other platforms for more beginner level however also the included feature of what they call copy trading So as i explained you can actually discover other financiers it’s kind of a bit like social investing you can pick someone you can even copy their portfolio so whenever they make a sale or a buy you will do likewise and it’s managed undoubtedly by the fca so you know that your cash has some level of defense if anything must occur fe overall as a whole need to go down now.
Do have a video that yaps more detail about cfds over traditional financial investment isis and traditional investing accounts so please do check that out so you can comprehend the main distinctions with contracts for difference compared to buying stocks or products or etfs with another person now with you sell u.s dollars the minimum deposit to open up is 200 and what will occur is for instance.
A bit cash in there have it converted at the spot rate and after that utilize those dollar worths to buy whatever i like there is a withdrawal fee of five dollars each time you wish to squander your financial investments so absolutely make sure you’re not utilizing this as a daily occurrence make sure also if you possibly have stocks that are 10 dollars and you cash out you’re going to be hit with a withdrawal.
Cost of five dollars so for me though i’m constructing a long-term portfolio and i’m just not going to be cashing out most likely perhaps once a year once every six months at the most it is reported that approximately 76 of people utilizing cfds will lose money and i wish to qualify why that occurs i have actually discussed in many videos however it’s typically because people use this take advantage of idea.
Many cfd users wind up losing money due to the fact that they have actually got that take advantage of instead of when i utilize it i keep it as a straight times one so the worth that i buy is absolutely equal to what i’m actually getting now they have both a user and an app interface online i discover the app extremely easy to use exceptionally fast lots of comprehensive info about the.
I’m able to actually look at the best investors who have actually made earnings that month that year and see how are they actually moving and trading perhaps it’s on an everyday level maybe a monthly level however i’m likewise able to get assistance for what they really say we should buy hold or sell so it’s an actually excellent resource to actually see what other individuals are doing there’s a social element does not indicate i need to copy them precisely but i can utilize that as.
Then Etoro Leoni Knowledge when i’m thinking about making a buy or a sale the great thing resembles other platforms they have a practice account too so trading 2 and two likewise provide this where you can have a practice environment understanding that you’re not selling or buying or making any money at all however you can see what would occur if you had made those options so if you are a newbie you want to have.