Question

What are forex mutual funds and what do they invest in?

Answer 1

Hey, buddy,  I want to tell you that I earn over 2000$ dollars a week from trading and I'm sitting at home, plus I'm a rookie in this business and I started learning less than a month ago, I don't brag about you or something, I just want you to earn just like me, so cheer up, it's time to get financial freedom.  First, I recommend you sign up at the Etoro platform and take $100 free of charge as a gift from the site.(Speed this show is limited)  •What is eToro?   etoro logoeToro would describe themselves as an accessible trading platform that incorporates a social element into investing. I’d describe them as Facebook for trading. They first went live in 2006, and are now the world’s largest investment network with a community of 20 million users.  The platform and the wider phenomenon of social investing have been widely covered by mainstream media, including a recent BBC documentary called Traders: Millions by the Minute.  The most unique feature of eToro is probably ‘CopyTrader‘. This allows you to sort through other users and plainly see their trading history, including how much they have made or lost over any given period. If you find someone you like the look of, you can allocate some funds to automatically copy their trades.  Another big plus is the ‘Popular investors‘ program. This rewards users based on how many copiers they have in the form of monthly commission. The program also incentivises responsible trading, and we’ll discuss this in more depth towards the end of the guide.  So with the social and copying features, you’ll certainly learn a great deal relatively quickly! Most of the need-to-knows you’ll pick up by reading this guide or playing with a demo account.  chart risingTake it easy at the start, understand the basics of the Stock Market and make sure you know what you’re doing before investing larger amounts of money. Trading on eToro can be very profitable but it’s important to note that, whenever you’re dealing with the markets, you can lose money too (“your capital is at risk”)!   •Create your investing account   1-Sign up for eToro No lengthy paperwork here, it’s free and really very straightforward! Simply enter your details and choose a username. They ask for a phone number to protect your account's security.  You’ve now opened up the world of real-time trading, but to actually make trades you'll be prompted to complete your profile 🙂  Register on eToro  Disclaimer: eToro is a multi-asset platform which offers CFD and non-CFD products.  67% of retail investor accounts lose money when trading 'CFDs' with this provider. You should consider whether you can afford to take the high risk of losing your money.  This content is intended for information and educational purposes only and should not be considered investment advice or recommendation.  CFDs are a type of leveraged product that we do not recommend in this guide, we are concentrating on buying and holding actual stocks you own.  2-Complete profile  This is an important step to protect your account and tailor the eToro platform to your needs.  The first part covers basic personal information (you don't need to enter an 'Identification Number' if you're unsure).  Next there are a couple of trading experience questions. It's not a test so don't worry too much about the answers, just try and be honest.  3-Deposit  Click 'Continue to deposit' (or 'Deposit funds' at the bottom left).  The minimum you can deposit is $50, which is perfect for getting started.  Note: eToro’s main currency is $USD but you can deposit in £GBP and other major currencies. It will be converted to $USD in your account.  4-Familiarising   yourself with the platform I’ll just give you a very quick overview of the main sections of eToro for now. We’ll delve more into each one later as I explain how to browse and trade in detail.  Link in the bio