the agreement is in regards to our experts saying to purchase to hold to sell the stock all the ratings where it’s originated from Degiro Vs Etoro Vs Revolut…
so i believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the advantages and disadvantages the things that i believe are great about the platform and the things i think are bad about the platform and then you can decide on whether or not you wish to give it a go let’s dive directly in so the first huge pro for me is the truth that they have analyst ratings and research study i absolutely like this it’s got an entire page for each of the stocks just telling you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it appears like it offers you the rate targets that they believe it
will reach um what so you can see here like citigroup morgan stanley um the hedge fund activities where the hedge funds are selling or purchasing and the expert deals as well so it just reveals you whether insiders have actually bought the shares um over the last few months or not i think this is definitely terrific and shown in an actually easy format so for me this is a substantial plus for the platform a 2nd big plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i think this decreases your foreign exchange risk so in theory you might just top up a larger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges every time that you make a deal whereas here that does not happen you just pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you gain access to not just to stocks but likewise to commodities and cryptocurrency clearly this isn’t actually something that beginners need to meddle but it does have that choice for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually go in and speak to individuals talk about post see what individuals are posting about each specific stock practically have like conversations about it and you can actually look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the profits they’ve made and everything it is very transparent and i believe it’s really great because you frequently get like notices saying thus lots of people are talking about tesla right now like see all the posts
here and it’s actually cool simply to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i think i’ve mentioned before you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually talked about this prior to however they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s actually cool and i believe it’s a substantial plus of the platform due to the fact that they’ve got loads of various styles of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my perspective is it’s just got a truly nice design dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have an actually truly good desktop version it looks really clean easy to use i didn’t truly have any concerns with figuring out what to do i like that for each stock you can enter and see everything in one location you understand you can click
on the chart you can click the research study you can click on the news and it will just inform you all the news about that specific stock it’s really cool and also your portfolio just looks tidy and actually good and in fact has a great deal of data on the main portfolio page which i actually like now for the cons i think there are three main cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be aware of the first one i think it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and accidentally open a cfd which is really great which’s basically among the main factors that i do use them so it’s not really something to fret about unintentionally doing but i usually think that a lot of the platforms that provide cfds ought to make it even harder to open cfds for retail investors i understand many people who have actually lost rather a great deal of cash um not on really however still trading cfds so i think generally there should most likely be a little bit more it’s going to say policy however just usually a little more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i speak about is individuals grumbling about the charges now yes whilst you might compare to particular platforms that have lower charges there are also loads of platforms that have much higher fees so roundabouts and swings truly everything depends upon the big picture um they have a five dollar withdrawal cost is that truly that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it truly matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other charges on their charge page however normally the real investing into stocks is commission free so once you have actually topped up you can do as many deals as you want in regards to purchasing underlying properties without paying extra costs and finally the last con from me is the portfolio history so i find it a bit tough to find out sort of what i’ve invested where i need to go into each private stock just to see when i have actually invested into it and just how much instead of seeing that on my portfolio history the only thing that i can see on the history is the top-ups an.
the copy trading um so i ‘d truly like to see all of the financial investments if possible and also i’ve still not truly figured out the dividends and how that appears so that potentially is like a little a 50 50 for me not quite sure yet to see this space that’s basically it if you are interested in giving them a go i do have a referral link down below that you can use and you do not even need to top up you can just use the virtual portfolio initially just to see what you believe discover the platform and then decide on whether you want to utilize it or not so i ‘d enjoy to know your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.