Actually I have liked this video twice with my two account because of many reasons such as you explain so good that I personally who am not English language, got it fastly, you covered the pros and cons as well and many more. I hope I can grow up fastly on Etoro with you
Very interesting. I’m retired with a big pension investment, but also have “spare cash” ... so I’m just starting to invest. I need to make £10k per year for the next 6 years to pay for my Grandsons secondary education! Wish me luck!
as a newby I have watched over a dozen videos , ETORO related, and your tutorial is by far the easiest to understand and if you have more tutorials then i'll establish a library on my desktop, thanks (being a jock helps I suppose)
Hi, have you ever made a video telling your history of how did you start on etoro, what difficulties and problems you faced on beginning? if not, can you just please make a video of this? Cheers
I'm from Glasgow and I was caught off guard by the accent! Very good video, I've used eToro for a couple of months now and this has taught me a bit about those features that I've been unsure of. Thanks
Etoro looks more complicated than it is, it’s a good way of being self taught in the stock market, understanding the terminology. The more you know, the more you want to know, and that can only be a good thing.
Hi Jennifer,thank you so much for posting this video.I am new here on Etoro,and completely new to Investing,so your video has taught me quite a lot which I am really grateful for.Thank you Jennifer. :)
I love how well you have explained this so well!! I have watched multiple videos that have tried to explain the platform to a complete beginner, and this is the only one that I have been able to fully understand! Thanks 😊
This is best video on etoro for beginners. Thank you!!! I has very basic questions such as, what's a Stop Loss, how does copy works - can I only invest for example 50 usd copying someone, etc. Thank you for addressing this questions. 🙏🏼
Can you tell me how to leave a post on the main etoro feed on my mobile? I can easily post something when on the laptop, but i can't find the way to post something on the main feed when using the app on my mobile. Thanks
MamaFurFur -that's brilliant video but just one question: how do you handle UK taxman with any gains? Transactions in $s, I assume for any holdings that pay dividends that also will be expressed in USD. I'd love to speculate on crypto or some ETFs (especially those precious metal mining related) but how would you handle tax owned to HMRC? Do you calculate yourself or do you (personally) use an accountant to do this for you?
i'm new to this, can you just invest a sum like £1000/$ into one share like silver or bitcoin ect and leave it their for about 6 months and then sell and take the profit "or loss" then or have you got to buy and sell every day / week as the share goes up and down and just see what happens to your money
Great video , thanks. I have a. E. Toro account , 100% in a copy crypto equal portfolio , started with £50k , now £39k lol . Leave it in there for 5 years see what happens . Appreciated.
Thank you for your help. Your explanation is so easy to understand. I just want to know if there is a risk involve in copying a trader in terms of leverages? If the trader I'm copying used a leverage say 50x, would that be copied as well to my portfolio?
Thankyou, very useful video, it looks nice but note etoro doesnt allow you to input data for existing trades you have made prior on other apps and platforms in order to monitor in addition to new trades made on etoto so it really is only for those who are starting trading for the first time. Also only allows a single portfolio so found it very limited compared to a lot of stuff out there. Looks nice but functionality very limited but good video thankyou.
Thanks Jennifer just finished the Stock Market and Investing for Beginners playlist and now I've moved on to Personal Finance Essentials. This is better than The Last Dance.
Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing.
Great info thank you! I have used all my stocks and shares isa quota for the year. Like yourself I allocate my s&s isa to vanguard. When investing outside of the ISA using the likes of etoro am I correct in saying you can take profits up to £12,300 per year tax free, irrespective of your personal income from being either employed or self employed? So for example the best way to take profits every year would be to make sure you don't sell more than £12,300 worth of profit per year outside of your isa? Thanks so much.
is the 1X a CFD or the actual share? when we select a stock like apple or tesla and go for 1X it's says ''you're buying the underlying asset'' which means the equity not the CFD, am I right? thanks
Im currently living with my parents as a student, they ask me for tax number, should I give them from my parents or make my own and why do they need it?
Hi Jennifer, Just discovered it takes 4-7 business days to process a bank transfer through Etoro. Longer if there's a bank holiday. Shame. not for me. Coinbase is instant. 😞
Hi, Thank you for sharing, your video helped me a lot. I would like to ask you, if that possible to sell a stock online once it's trading on a virtual platform? and how do i do that? Thank you
there are more than 7000 stocks trading in London stock exchange, but in my etoro account only 302 are showing. what use of etoro if i can't access 96% of the market ???!!!
impossible to figure out where to find a stock or ETF to trade or create a watchlist for. And I have used every major platform and they are all easy Schwab, Etrade, etc
Do I have to pay a taxes in UK withdrawing money from Etoro and how? Second question: the tax should be paid from profit. And if there no profit and you just taking the invested money, do you still have to pay tax Thanks
@@JenniferAMThomson sorry for the dumb question but how do I even know if I’ve even placed a cfd? I bought crypto coins. And that’s all I wanted to buy just the xxx amount of coins from a crypto currency. Could I be owing money if that currency goes down too much?
I'm glad i got into stock markets when I did because it's been a turning point for me financially, My story has totally changed after i get into stock...
Hello Mamafurfur ) lovely video but didnt saw somewhere information if we buy stock, should we and how to declare our dividents if we dont want to pay tax on the whole amount.thanks
Hi, what is the best to deposit your funds either debit or credit card? I believe if you use a credit card there is a cash fee. I am not sure also on the debit card my have a charge as well. Please reply. Many thanks.
Very interesting. Is there a similar product which is UK centric as I would much prefer this? What are the implications of moving money to the USA and trading there? For example, are you protected by the FSA or equivalent as you would be in the UK? Thank you.
I'm building a portfolio through etoro and wondered what sort of money should you put into each stock? I'm using it for a more long term investment so obviously want to try and achieve a half decent return if all goes well.
Thank you, very clear and concise, your trading methods explained is exactly what i was planning on doing, i jumped on this video to gain an understanding of the leverage, i am familiar with TP and SL and leveraging from a forex prospective, but not aware of the implications in regards to CFD's , once again thank you
Hi I have been follwinf you for long time. . First of all thanks alot fornyour videos . Also What platform do tou suggest fretrade or etoro ? I'm using investengien as well but want to trade ? Thanks
I don't see the Set Rate options to set your stop loss and such. It allows a a Trade or an Order (and I'm not clear how those 2 differ) but no options for stop loss, 1x, 2x, 5x etc and so on. I'm just trying to buy Cryptos and even here I'm not sure if what I'm buying is stock in that Crypto company or the coins themselves. My guess is the former.
Having recently started using etoro I was a bit surprised at the charge they make to convert GBP to USD. I was aware that there was a spread price when buying and selling stock and also knew about the $5 withdrawal fee but actually thought the conversion fee was embedded in the rate you received. I went back and checked the conversion fees. It says "from 50 pips" with the explanation. "Pip stands for percentage in point. One pip is the smallest price change that a given exchange rate can make, and therefore refers to the very last digit of a price. A pip is used to measure the change in price of one currency in relation to another" In reality what this means is that for every £1000 you deposit etoro charges you £30 which apparently equates to 50 pips. Unless I've misunderstood.
Hi, nice video, informative as well. I'm new using etoro, and would like to know what do you mean by saying that etoro is a cfd platform? You can actually buy all kind of assets in etoro and not only cfd's, cant you? So, i would like to know why do you sort out cfd's out all other possibilities? Thanks in advance!
Actually I have liked this video twice with my two account because of many reasons such as you explain so good that I personally who am not English language, got it fastly, you covered the pros and cons as well and many more. I hope I can grow up fastly on Etoro with you
Is this not available for India region?
?
Very interesting. I’m retired with a big pension investment, but also have “spare cash” ... so I’m just starting to invest. I need to make £10k per year for the next 6 years to pay for my Grandsons secondary education! Wish me luck!
You are a very kind person
Good Luck!
All the best
Good luck mate.
🥺🥺🥺🥺🥺
as a newby I have watched over a dozen videos , ETORO related, and your tutorial is by far the easiest to understand and if you have more tutorials then i'll establish a library on my desktop, thanks (being a jock helps I suppose)
This video should be the official ad for etoro
I’ve sent this video to a couple of people to explain the platform.
I love the way you talk, you actually know what you are talking about. Thanks for the video
I appreciate that!
Hi, have you ever made a video telling your history of how did you start on etoro, what difficulties and problems you faced on beginning? if not, can you just please make a video of this? Cheers
I'm from Glasgow and I was caught off guard by the accent! Very good video, I've used eToro for a couple of months now and this has taught me a bit about those features that I've been unsure of. Thanks
I am new to it. I have never trade before. All advice will be welcomed. Thanking you in advance
Your welcome
Etoro looks more complicated than it is, it’s a good way of being self taught in the stock market, understanding the terminology. The more you know, the more you want to know, and that can only be a good thing.
10:58 GameStop at 23.93, how the times have changed
Hi Jennifer,thank you so much for posting this video.I am new here on Etoro,and completely new to Investing,so your video has taught me quite a lot which I am really grateful for.Thank you Jennifer. :)
I love how well you have explained this so well!! I have watched multiple videos that have tried to explain the platform to a complete beginner, and this is the only one that I have been able to fully understand! Thanks 😊
You're so welcome!
Many thanks.
Learned much
Know I know how to buy and sell on my eToro demo account.
I was not sure before.
You cleared all this up.
Thanks.
Please explain what X1 X2 X3 mean. Does X1 mean no leverage ?
Drag the video to 06:43 and you will enjoy her north British accent. Thank you very much for the Introduction.
This is best video on etoro for beginners. Thank you!!! I has very basic questions such as, what's a Stop Loss, how does copy works - can I only invest for example 50 usd copying someone, etc. Thank you for addressing this questions. 🙏🏼
Glad you enjoyed it!
This is a road with a golden bricks thank's, man, your advices really helps.
You are very welcome - thank you for the kind message!
I want to learn about this stuff, and this video made it very easy to understand!!
I gave 2 like from both my accounts,thanks alot
Great Video really enjoyed it. Gives me pleasure to be your 100th comment !
Awesome! Thank you!
@@JenniferAMThomson Your welcome.
Hi, finally setup account. I like the idea of only £50 per month and going to use it the same way. Thank you for your video.
Glad it was helpful!
Mamafurfur your content is awesome, can't wait to see more, thank you
Glad you enjoy it!
Can you tell me how to leave a post on the main etoro feed on my mobile? I can easily post something when on the laptop, but i can't find the way to post something on the main feed when using the app on my mobile. Thanks
This was brilliantly put together. I’ve been following your videos for months now and with professional help, I’m making outstanding progress.
MamaFurFur -that's brilliant video but just one question: how do you handle UK taxman with any gains? Transactions in $s, I assume for any holdings that pay dividends that also will be expressed in USD. I'd love to speculate on crypto or some ETFs (especially those precious metal mining related) but how would you handle tax owned to HMRC? Do you calculate yourself or do you (personally) use an accountant to do this for you?
what about taxes? what if i put the money into stocks and after 30 years i take it out isnt that gonna have a massive cut?
Just invest on the winners and go for long term low risk investment defo better then having money sitting at bank...
But what investments
You are always an inspiration Jennifer.
Brilliant video - first time UK Etoro user 👏👏
Glad you liked it!
You can just tell she gobbles like a pro 👌
So just like your Mum yeah Lol
Thank you for that info - great break down!
Glad you enjoyed it!
i'm new to this, can you just invest a sum like £1000/$ into one share like silver or bitcoin ect and leave it their for about 6 months and then sell and take the profit "or loss" then or have you got to buy and sell every day / week as the share goes up and down and just see what happens to your money
Jennifer, have you done any videos on Real Estate Investment Trusts? If not, would you consider it worth doing a video about?
best video for beginners , good explanation , and great information thank you so much
Glad it was helpful!
@@JenniferAMThomson Thank you and great video , im going to use etoro soon just gathering as much research as possible
Great video , thanks. I have a. E. Toro account , 100% in a copy crypto equal portfolio , started with £50k , now £39k lol . Leave it in there for 5 years see what happens . Appreciated.
Hi, Which S&P 500 do you invest with, theres a few on free trade but with different names are there any big differences?
Thank you for your help. Your explanation is so easy to understand. I just want to know if there is a risk involve in copying a trader in terms of leverages? If the trader I'm copying used a leverage say 50x, would that be copied as well to my portfolio?
I don't know but there was a risk number allocated to each investor in the video.
Hello what's the way to get started with trade Cos I've been making my personal research for a while now
Alright you in the goods hand
Thankyou, very useful video, it looks nice but note etoro doesnt allow you to input data for existing trades you have made prior on other apps and platforms in order to monitor in addition to new trades made on etoto so it really is only for those who are starting trading for the first time. Also only allows a single portfolio so found it very limited compared to a lot of stuff out there. Looks nice but functionality very limited but good video thankyou.
Is it possible to use an alias or pseudonym when opening an account with these platforms e.g. etoro?
Thanks for this video, just what I needed. Excellent 👍🏻
Really new to this,, and hearing it my accent ,,brilliant thanks
Awesome video, and very clear!
Glad it was helpful!
amazing way to make some money for everyone who need it
a straight up demo. love your work and thanks for the information.
Thank you for doing this video as i have learned a lot from you. I am from Scotland also so i understood you perfectly well. Cheers and thank you 👍
You're very welcome!
Brilliant advice thank you! I was wondering on using etoro to build a extra income. Very useful information 👍👏
Iam interested in joining
@@ochezeogbonna1338 me to. Have you joined & are you making profit?
This is the best platform
What does it means when the numbers are in red? I understand they're in low price in the market, so that is when I should buy it?
Thanks for much for this video. Have had a great understanding of how to work with etoro
Glad it was helpful!
it says in the small print that Gembell Limited does not provide services for the uk?
they also have no way of contacting support on my above comment
Thanks Jennifer just finished the Stock Market and Investing for Beginners playlist and now I've moved on to Personal Finance Essentials. This is better than The Last Dance.
Glad it was helpful!
Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing.
Great info thank you! I have used all my stocks and shares isa quota for the year. Like yourself I allocate my s&s isa to vanguard. When investing outside of the ISA using the likes of etoro am I correct in saying you can take profits up to £12,300 per year tax free, irrespective of your personal income from being either employed or self employed? So for example the best way to take profits every year would be to make sure you don't sell more than £12,300 worth of profit per year outside of your isa? Thanks so much.
is the 1X a CFD or the actual share? when we select a stock like apple or tesla and go for 1X it's says ''you're buying the underlying asset'' which means the equity not the CFD, am I right? thanks
good video for beginners covering pros and cons with screenshots - that helps. thanks
Im currently living with my parents as a student, they ask me for tax number, should I give them from my parents or make my own and why do they need it?
Thanks for the info & insight into live trading on Etorro.
How nice the video. We are satisfied your comunity. I see to agree your platefrom
Hi Jennifer, Just discovered it takes 4-7 business days to process a bank transfer through Etoro. Longer if there's a bank holiday. Shame. not for me. Coinbase is instant. 😞
Hi, Thank you for sharing, your video helped me a lot. I would like to ask you, if that possible to sell a stock online once it's trading on a virtual platform? and how do i do that?
Thank you
Great video. Clear, concise and very informative (even with a Scottish accent ha ha... ;) Thanks Mama
Thank you! 😃
Really nice intro, thank you.
Glad you like it!
So is it true that you will earn on all of your investments passively through eToro? If not which assets can you earn on?
How does this whole Bitcoin stuff work. I'm interested in it. And willing to invest heavily in it. But I need guidance so I don't loose out.
Cryptocurrencies are very high risk and prone to rapid fluctuation. It might be worth looking on RUclips seeing what it is, how its mined etc
Do you pay tax on your etoro investments (as a UK investor)?
there are more than 7000 stocks trading in London stock exchange, but in my etoro account only 302 are showing. what use of etoro if i can't access 96% of the market ???!!!
impossible to figure out where to find a stock or ETF to trade or create a watchlist for. And I have used every major platform and they are all easy Schwab, Etrade, etc
Love from Bangladesh
Do I have to pay a taxes in UK withdrawing money from Etoro and how?
Second question: the tax should be paid from profit. And if there no profit and you just taking the invested money, do you still have to pay tax
Thanks
How do I set it so I don’t end up owing any money?
Don't place CFDs :) or you can use a virtual account instead to practice with.
@@JenniferAMThomson sorry for the dumb question but how do I even know if I’ve even placed a cfd? I bought crypto coins. And that’s all I wanted to buy just the xxx amount of coins from a crypto currency. Could I be owing money if that currency goes down too much?
very helpful and clearly explained. great channel altogether.
Glad it was helpful!
Brilliant video!
Glad you liked it!
I'm glad i got into stock markets when I did because it's been a turning point for me financially, My story has totally changed after i get into stock...
If you take profit ,am I right in saying the whole trade/share is closed?
You can't just take the profit alone.?
Hello Mamafurfur ) lovely video but didnt saw somewhere information if we buy stock, should we and how to declare our dividents if we dont want to pay tax on the whole amount.thanks
As a UK resident, do we need to pay taxes in the US if we buy US stocks?
hlo i want to know how to get the p/l %?
Hi, what is the best to deposit your funds either debit or credit card? I believe if you use a credit card there is a cash fee. I am not sure also on the debit card my have a charge as well. Please reply. Many thanks.
I would like to use my prepaid Visa card. Does etoro accept it?
Very interesting.
Is there a similar product which is UK centric as I would much prefer this?
What are the implications of moving money to the USA and trading there? For example, are you protected by the FSA or equivalent as you would be in the UK?
Thank you.
I'm building a portfolio through etoro and wondered what sort of money should you put into each stock? I'm using it for a more long term investment so obviously want to try and achieve a half decent return if all goes well.
Would you always recommend buying at Market rate?
Yes for me this means the stock purchase happens right away at market open, rather than wait to hit a price point then buy it for you.
@@JenniferAMThomson how can you check to see if it is at Market rate or not after having bought a stock?
It’s confusing because when I try sell it says I need money in my account even though I’m trying to sell what I have invested in, bit lost with that
What is an alternative to etoro which trades in pound sterling as oppose to having to convert to US dollar?
Freetrade, Trading212 etc
@@JenniferAMThomson thanks for the quick reply.
Great video :)
Glad you enjoyed it
@@JenniferAMThomson Am I allowed to ask how debt works on etoro/in stock trading? Is it only a concern if you're using any leverage other than x1?
Only when you are using leverage above x1 is it a point to note. x1 means you are owning the asset as it is.
@@JenniferAMThomson thanks for clarifying :)
Hi MamaFurFur! newbie here. What does it mean when you're buying underlying asset? What does x1 x2 and x5 mean in simple terms?
x2 means multiply your investment by 2, x5 means multiplying by 5, etc.
does etoro have features of suggesting which stocks to buy?
Do you have to exclusively use CFDs on Etoro?
Great video, thank you 😊
Thank you, very clear and concise, your trading methods explained is exactly what i was planning on doing, i jumped on this video to gain an understanding of the leverage, i am familiar with TP and SL and leveraging from a forex prospective, but not aware of the implications in regards to CFD's , once again thank you
Hello if we originally made purchases on Take Profit basis then how can we change to No Profit after purchases has been done ?
Hi I have been follwinf you for long time. . First of all thanks alot fornyour videos . Also What platform do tou suggest fretrade or etoro ? I'm using investengien as well but want to trade ? Thanks
I don't see the Set Rate options to set your stop loss and such. It allows a a Trade or an Order (and I'm not clear how those 2 differ) but no options for stop loss, 1x, 2x, 5x etc and so on. I'm just trying to buy Cryptos and even here I'm not sure if what I'm buying is stock in that Crypto company or the coins themselves. My guess is the former.
Would have liked to see how you buy a stock I just can find where you go to see what's available
Hi do you know if they accept hsbc debit cards? As ive had to leave coinbase for this reason
Having recently started using etoro I was a bit surprised at the charge they make to convert GBP to USD.
I was aware that there was a spread price when buying and selling stock and also knew about the $5 withdrawal fee but actually thought the conversion fee was embedded in the rate you received.
I went back and checked the conversion fees. It says
"from 50 pips"
with the explanation.
"Pip stands for percentage in point.
One pip is the smallest price change
that a given exchange rate can make,
and therefore refers to the very last
digit of a price. A pip is used to
measure the change in price of
one currency in relation to another"
In reality what this means is that for every £1000 you deposit etoro charges you £30 which apparently equates to 50 pips.
Unless I've misunderstood.
Great
How do I switch between sell and buy in the same trade without opening a new trade on etoro?
Hi, nice video, informative as well. I'm new using etoro, and would like to know what do you mean by saying that etoro is a cfd platform? You can actually buy all kind of assets in etoro and not only cfd's, cant you? So, i would like to know why do you sort out cfd's out all other possibilities? Thanks in advance!
Thanks for this video . I cannot sell bit coin as the S is not highlighted . Do you know what I can’t do ?