Beginners love ETORO, Here are 4½ Reasons Why
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- Опубліковано 12 вер 2024
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Nice, simple, easy
what do you mean you dont need charts in the beginning?
you just go and hit sell/buy blindly?
You have provided pros and cons with xm broker while Etoro don't have any pros and cons but the fact Etoro have more worse advertisements actors who are misleading many in understanding forex like that teenage guy who advertise Etoro by saying no experience in trading? Its no problem with Etoro. Are you one behind etoro business by the way? What I am trying to say here. If you provide pros and cons to one broker then make it to all brokers and not be selective because it can be easily to figure that out that you are simply bias in your opinion. KAREN FOO is not even promoting Etoro even she was asked to do the advertising, see that?
Some things you did not mention about etoro
1. spread between bid and ask can be easily manipulated by etoro especially in times of very high volatility.
2. There will be times when your stoploss is hit and you wonder why it's hit.
3. Many stocks that has market cap below 5B are missing so it means you can only trade those that they offer you to trade.
4. It's 0 commission but when you enter trade you immediately get negative PnL on that trade. 0 commission but etoro just hide it.
One more thing. I reported an issue about their platform because they closed my profitable position at a price which is far away from open market price and it became a losing trade. They checked the issue and told that it is not etoro problem so they close the ticket with "solved" state. Totally pissed off by this broker.
What do you guys think of FTCV? The spac for eTorro? I guess I should try using it but at least from this review it looks good.
Hi, I really love your videos. They teach a lot and for free. Can you please make a video on trading 212? Is it a good trading platform?
Yeah
You can trade with Mr romio strategies,his the best ever known on bit coin forex trade crypto,coinbase and others and try to hurry up because time is money,money is life,life is beautiful❤🤣😂
romiodens @ gmail com
just when i thought all hope is lost, RYAN Woodward made and gave me a touch of good life..
This is not the first time I am hearing of Mr Ryan and his exploits in the trading world but I have no idea how to reach him
I invest with Mr Ryan too, he charges a 10% commission on profit made after every trading session which is fair compared to the effort she puts in to make huge profit
In all my past experiences searching for a expert trader to guide me on the path of earning from one of the world's greatest reliable source of making constant income i found out that Mr Ryan is by far better than most expert out there that offer assist but actually don't teach students the core of what forex is about and the risk involved
I am lucky to have a mentor like Ryan.
please, Any medium I can contact Ryan to trade with or train me
The reason 4.5 is Zero Commission when buying stocks! Yes, you heard that right, and Yes it sounds too good to be true!
Why is this not a full-on reason?
In this case - If you buy stocks without leverage(1x) you don't have to pay any commission to Etoro, no opening or closing fees, zero, nada, nichts, zilch!
If you short-sell or use more than 1x leverage, it becomes a CFD trade, instead of the underlying asset trade! and you have to pay commissions.
Simple as that, it's totally free if you know what to buy!
Reason No 4.5 is a feature rarely seen among platforms, if ever, and perfect for beginners who don't want to share their gains with the broker!
Best of Luck Traders!:)
Can you setup a fee for trade copiers?
Good vid, u forgot to mention 1 thing......i Think reason 5 could be 0 commission stock trading, of course thats without leverage but newcomers as you say, should actually open trades without leverage. Did i understand correct?
Yes that is correct, 0 comission on stock trading without leverage (1x).. Now that you mentioned it, actually we should have included that! I guess vol.2 is coming in the future!:)
You must remeber that you pay twice on buying and selling your stock, due to the big spread they have, so if you compare to some other brokers, the small fee you pay for a trade is better,cheaper then the spread on Etorro.
Hello please can I use etoro in Africa? Cameroon to be precised
No it can’t work Mates
Are they reliable? How do they make their money? Who are they regulated by? How do you complain in the event of a dispute?
Nice, I am a popular investor on etoro
That's amazing, keep up the work!:)
i'd like to see his review of eToro now considering all the things they've messed up on
He is bias. He was providing pros and cons with xm while etoro is more more praising and appreciating the interspace. I thought this financeillustrated is a corner that you can trust but promoting a broker that has so many problems is just suggesting that these guys are just another con artist trying to make several dimes to make ends meet.
Sponsored obviously
Btw if etoro goes bankrupt you lose all your money. Look it up. Other brokers don't have this. I personally use it to paper trade. It is good but risky.
Etoro vs Olymptrade vs iqoption....any thoughts?
Etoro most definately!
Informative nonetheless but I was hoping a well depth guide without the lesson in life theme
E Toro Vs xtb any thoughts?
Hey Dan, I guess you know the answer if you landed on this video. Stick to a reputable platform like Etoro!
@@FinanceIllustrated appreciate the response, good content keep it up👍🏾. I was just a bit skeptical as there were a lot of negative reviews but I guess ppl don't read the terms and just dive into things lol
i want to advance further in life :)
Hey Linda, trading could be the vehicle that moves you further! Just make sure to watch all of our videos, do your research and practice with the demo account first!:)
Join im mastery academy if you really want to learn to trade
You look like Chris Jericho, anyway good vid
can i copy your trade?
Not at the moment, my profile is private and I am in the process of testing out several new strategies and I don't want anyone to copy my trades at this exact moment and suffer losses from it, because this testing process I am running does not guarantee profits 70-80% of times! It's work in progress!:)
this guys voice is trippy to listen to. his accent is english, australian, european, and american all at the same time
OMG. When I clicked on the thumb I hoped it was being sarcastic. Etoro is a rip off of top offs. No commission? They 10x or even 100x their spreads! It's beyond ridiculous.
Absolutely I can’t believe he is promoting it! Unsubscribed immediately.
What do you mean by that? Also which client would you recommend? Thanks.
I saw so many bad reviews recently, do it still worth for me to getting into etoro at this movement ? I saw those ads year ago saying you can just copy pro investor people, and just put money in then profit. (Btw 1000$ minimum deposit atm)
Minimum deposit is 200 USD, im still using Etoro and I won’t switch anytime soon!:)
@@FinanceIllustrated .@eToro has seen an unprecedented demand for our services from new users. To manage demand & ensure our existing community of 17M registered users can continue to access our services uninterrupted, we have temporarily increased the minimum deposit amount for new users to $1,000. Copy from twitter
Seems dodgy to me.
Are they reliable? How do they make their money? Who are they regulated by? How do you complain in the event of a dispute?
These are what I would want to know about a broker first and foremost.
Having a direct link to ETORO directly in the video also smacks of underhanded sales tactics.
He's hot
Etorro is shit man, and i will give you a few examples:
- often they will have only the buy position on a stock, no shorting allowed, so you have to set your TP at the price you want to sell, that is what begginers don't know about
- when the market opens, platform always lags, you cant open positions, you cant sell, you cant update your SL, so if market is high volatile, you lose your money.
- Also they might close the leveraged positions, on some price, the stock never reached.
- the spread is huge, especially on the crypto
So you are expert than this guys???
@@kangaroo3223 This guys just highlights the positive things because maybe he is sponsored by them, but you always must point out the bad things that happen very often with Etoro.
@@teopro8274 all platform has good and bad things..
seriously, I thought I have just find the most respectful person in the trading OCEAN! until I watched this video and I decided that you do not deserve my respect Come on man etoro!!!
i am a noob in this topic, what would you recommend?
@@demoniovenerable7563 I recommend that you learn about the forex market in general and then open a punch of demo accounts to learn from.. after you pass the first square of knowledge, search about SMC strategies and I recommend ICT channel for that type of trading, search for it on UA-cam but only after you become familiar with the markets and trading
@@aliqwaider8810 ok thanks dude
I clicked this video because you put 4 1/2 reasons lmfaoni have to see what's up
out of curiosity, I added up each month of performance in the charts of PIs. all are consistent that the total accumulation for the year do not reflect the actual sum. has anyone noticed this? kindly enlighten.
You did not memtion that if etoro goes bankrupt you lose all your money. Which is why it is not that popular.
In previous videos you talk about trading gurus being scammers, and now you are a scammer yourself by endorsing eToro.
Etoro's rubbish , you can big it up as much as you want but it's shit.
Before you start an argument about how good it is please explain why they always have technical issues stopping traders from opening an closing position's when the market pumps?
Hi There! It's hard to say why there are technical issues, in all honesty we've never encountered them! We're all about transparency, so if you have any screenshots or proof of your claims, please email them to youtube@financeillustrated.com! :)
very true, always highlight the issues, not only the good parts
Lol happend to me a while back when I used to use that platform. Customer service said it's to "protect the trader" luckily I had placed the same trade in my other account "different broker". I was able to screen shot to prove they tried to steal profit from they're traders. This broker gets a 5 on the snake oil chart.
unfortunately, eToro is not available here in Canada. I like the idea of it being the best in your opinion for beginners but again, not available.
You can trade with Mr romio strategies,his the best ever known on bit coin forex trade crypto,coinbase and others and try to hurry up because time is money,money is life,life is beautiful❤🤣😂
romiodens @ gmail com
This video looks more sponsored than those videos that admit - are eToro sponsored. The Lowest Loss RATE?! Really? Do you really think it's an indicator? c'mon ))