eToro or TDameritrade?

jellybanana

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Caveat: I don't know much about TDameritrade and I use Etoro.

TDameritrade seems to be an online broker? Something like POEMS, DBS Vickers, Oanda etc. whereas I use etoro for social trading.

So it depends on what you're looking for?
 

Shiny Things

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Anyone can advice which platform to invest on? I can't decide .....

eToro's not an investing platform, it's a glorified betting shop. All CFD brokers are like that.

Anyway. The big question is what are you looking to invest in? There are better and worse brokers depending on the product you're looking to trade.
 

momfei

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Why don't you open an account on any trustworthy brokers and use some reliable Expert advisor to help you generate income from there?
 

ItachiUchiha

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Caveat: I don't know much about
TDameritrade and I use Etoro.

TDameritrade seems to be an online broker? Something like POEMS, DBS Vickers, Oanda etc. whereas I use etoro for social trading.

So it depends on what you're looking for?


i see, You use most of the funds copy people ? or you do your own trades as well? and you encounter any problems with eToro?
 

ItachiUchiha

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eToro's not an investing platform, it's a glorified betting shop. All CFD brokers are like that.

Anyway. The big question is what are you looking to invest in? There are better and worse brokers depending on the product you're looking to trade.

i have no idea so i am just asking around.. any recommendations?
 

Shiny Things

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i have no idea so i am just asking around.. any recommendations?

Since you seem to be pretty new to investing, my recommendation would be to not get involved with "expert advisors" (they don't work; if they worked people wouldn't be selling them, they'd be keeping them secret!), not to get involved with "copy trading", and not to get involved with FX, commodities, or any other asset class except simple stocks and bonds.

Open yourself a POSB Invest-Saver account, and maybe a Standard Chartered trading account as well. Buy some stocks and sit on them for a few years. It's not glamorous, but you'll do a lot better than if you'd been chasing some magic-bullet path to instant riches.
 
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