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* Your capital is at risk.
How to buy
For those who live in Philippines, a great way to invest in Zoom shares is, definitely, this popular broker.
eToro*, one of the main brokers around the world, is registered and licensed, among others, by the Australian Securities and Investments Commission (ASIC).
We recommend eToro because you can create an account for free with this broker, and its fees for trading online are very low. Besides, eToro is available in our language, accepts users from Philippines, it is really easy to manage, and its friendly interface is ideal for those who are starting to trade with cryptocurrencies and stocks.
How to sign up, step by step
The first thing you need to do is click here and fill in the fields on the right: enter your name, email, and set a password.
Then check your email inbox: you have received an email from eToro, click on “Verify my email” and your account will be verified.
Once on eToro, you just have to click on “Deposit funds”, in the page menu.
There, you can choose how much money you want to add to your account (the minimum is $ 200) and the payment method:
As you can see in the image, the first deposit can be made by credit card, PayPal, or bank transfer.
If you have a choice, we do not recommend bank transfer because it takes longer, and it can be very frustrating to see the price of Zoom rising while you wait for your transfer to be done.
How to make your first trade
As soon as eToro has confirmed the receipt of your credit, you just have to search for “Zoom” in the search bar, click on “Invest” and choose the amount in dollars you want to invest.
*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
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.
About this company
Zoom Video Communications, the company behind Zoom video conferencing software, is an American company founded in 2011 by Eric Yuan. And although it has been embroiled in many controversies over security issues, Zoom has seen impressive growth.
Yuan's idea was to develop software that would allow people to see each other regardless of distance and without the need to travel. It was this idea that gave rise to Zoom, although it was not really something new because, at the time, several companies were already offering the service.
However, Zoom was more popular than any other, mainly due to its ease of use and the fact that it was free of charge. Thus, in the midst of the technological revolution represented by smartphones, Zoom offered its software free of charge for computers, laptops, tablets and smartphones.
Zoom's business model
As you may already know, Zoom is still free, you can download the program, install it and use it without paying anything. But then the question arises, how does Zoom make money? And the answer is very simple: with subscriptions to a “premium” version.
Zoom has been involved in several controversies regarding the security of the application since the free version does not secure the data. And although the company has publicly apologized for this, the reality is that this is where its business model lies.
Basically, if you use it for free, your video calls are not encrypted, the room is unprotected and the data does not travel directly between participants. The latter is the most controversial because part of the Zoom communications go through Chinese servers where, by law, the government has the right to record the data.
But, if you use the paid version, all problems are magically solved. Your video conferences are private, the data is encrypted and travels from one person to another directly without anyone being able to “read” it. It's that simple how they make money.
And despite this controversy, Zoom has emerged victorious as since its IPO in April 2019 this company has not stopped growing while others disappear. And we are not only referring to the financial market, but also to its growth in the number of users which in the long run means higher revenues and a better valuation of this company.
Reason for using this broker , because of this:
- There are tons of investment options
- You can leverage
- User-friendly and simple
- It takes strategies from successful investors so you can replicate them
- You can go short
Homepage: www.etoro.com *
In case you are thinking about investing in Zoom from Philippines, eToro is certainly the best way to do it.
“Social trading”, a relatively new form of investing by replicating techniques and moves from other experienced investors, has become trendy because of eToro.
eToro is very useful if you are still a novice user in trading. You can rest assured that you are making a smart investment since the site emulates those from subjects with a long profit record. Additionally, in case you are an investor, the platform pays for your knowledge.
Another thing to mention is how intuitive the platform is, which turns out perfect for new users that are learning all about the trading world.
About Contracts for Difference
It is possible that you have found the term CFD all the time if you entered eToro before. Before we explain this further, we must say that CFDs on eToro are only possible if you are short-selling or select leverage above x2 (and this is not even an option on the platform).
We will also refer to terms such as short-selling and leverage, in case you are thinking about day trading cryptocurrency or other more advanced operations.
Even if you don't have a positive balance, you can still bet on eToro with CFDs. In a hypothetical case: you believe that the Zoom will go down, so the logical thing is to think “if it is going to depreciate (go down in price), I'll just wait and bet when it has gone down”. But if it really falls, it might mean extra money for you.
The practice known as “going short” will allow you to do that. It works, roughly, as it follows:
- Someone lends you, for example, 100 units of Zoom, with a total price of $ 5,000 (these are completely made up figures)
- You make $ 5,000 by selling the 100 units
- As you thought, it devaluates, and the unit of Zoom goes from $ 50 to $ 30
- You buy the 100 units again, but at $ 3,000
- Now you return the 100 units
- The difference is yours, so, you will have made $ 2000
It is far more simple than it may seem. Just bear in mind that by trading in Zoom on eToro, with CFDs you can earn money when you anticipate downs.
What financial assets can you trade in eToro?
We already know about stocks, there are other financial instruments available in this broker.
About Index Funds
This is the best option for people who can invest in the long term, especially for beginners, because it is less expensive, diversified, and safer.
Contrary to what it may seem, very few fund managers can beat their benchmark return (although you have probably heard of investors who obtain huge profits).
But putting aside some exceptional cases (like Warren Buffett's), all that glitters is not gold: if you hear of someone who has beaten the index, it was probably for a short time, or their fees are really high. In the end, indexing is better because commissions are minimal. Besides, past performances do not ensure a future one.
Index funds offer solutions for that: most of the time, they beat active managers in the long term, and the rates are minimal.
What do you know about Exchange-traded funds or ETFs? They are passively managed funds, known for merging the benefits of stocks and mutual funds, because they can be traded regularly at market price, but include a much wider diversity of assets and the rates are significantly lower.
Most people invest in raw materials due to their stability. While other assets present higher fluctuation, commodity prices vary less and offer safety against inflation or market volatility. Nevertheless, prices are subject to supply and demand, so if an economic situation provokes higher demand for a certain good, its cost will also rise.
Note that the only intended profit from the investment in raw materials will come from their further sale because these kinds of assets don't distribute dividends or pay interest.
Commodities can be divided into two main categories: hard raw materials and soft raw materials. The former include precious metals (such as gold, silver, copper, and platinum), industrial metals, and oil; while the latter are agricultural products as cocoa, soybeans, rice, or sugar.
Currency trading or Forex consists, as the name says, in the exchange of currencies. It is the conversion between currencies to make a profit through the operation.
If you decide to exchange the EUR/USD pair, you purchase euros at their price in dollars, anticipating that after obtaining the first currency (the euro) it will increase compared to the second (the dollar), to make a profit by selling it. Let's say you entered when the price of one euro is 1.10 USD and you exit when it is worth 1.15: that margin is yours once you sell again.
As you may have deduced, trading with foreign exchange requires large resources, because prices never increase that much, or using much leverage, which you know is a risk. Our recommendation for those starting in the world of trading is to choose another market to begin with, since Forex is risky and complex.
eToro allows trading with the most popular currency pairs. However, bear in mind that this market works with contract for differences, thus the underlying asset won't be yours.
You can trade cryptocurrencies using several different methods: from purchasing and holding to day trading (and benefit from price fluctuations).
My recommendation for those who are beginning to trade is going halfway between the two options: placing a dynamic stop-loss (15-20% under the highest price) and wait for it to work on its own.
Therefore, if for example you purchase a cryptocurrency at $ 10, it reaches $ 20, and after that it decreases to $ 12, your operation will be closed at $ 16-17 and you will have made a decent profit.
You may be wondering: why not selling back when the cost is at its peak? But unless you are a psychic, that is just not possible. The mentioned strategy can work perfectly and give good results.
Later on, you will be able to apply more sophisticated strategies, like short-selling or using leverage.
“Social trading”, an innovative concept
The first platform that thought of trading as a social activity was eToro, and the idea became successful really quick. Other brokers have also adopted this concept, but eToro is way better.
But the main accomplishment wasn't just recreating a social network in the world of trading. They could have made the umpteenth social network in which users discuss investing, but they were not satisfied with that: the great innovation of eToro was allowing investors to replicate the investments of other users, who were paid for their ideas.
You will find in the left menu of the page the options “Copy People” and “Invest in CopyPortfolios”.
“CopyPortfolios” are a kind of portfolio that includes a number of different assets of the same market. Let's say that you consider that the gaming sector is going to succeed soon but you don't have enough information (or time) to choose stocks, you just have to invest in the CopyPortfolio called “InTheGame”, which includes Microsoft, Google, Tencent, NVIDIA, Logitech, Intel, AMD, Nintendo, Ubisoft, Unity…
At the date of writing this text, this CopyPortfolio has generated a 100% profit in the last twelve months, and you just need to click on “Invest”, choose the amount, place the stop-loss, and the rest will be done practically on its own.
But you can also copy other successful investors of the platform. With “Copy People” you can find them and replicate their moves easily.
In the profile of each user, you will see their risk profile (the higher the risk, the more chances of winning more and losing more), their performance, and what kind of instruments they operate: currencies, cryptocurrencies, commodities, stocks….
Besides copying other investor's strategies, which is great and very helpful, we also recommend that you make the most out of the community by reading other user's comments. You can learn a lot from their experiences, mainly if your goal is to make a living from investments.
* Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.