the consensus remains in regards to our analysts saying to buy to hold to sell the stock all the ratings where it’s come from Easy Equities Vs Etoro…
so i think there’s a great deal of curiosity about i do get a lot of concerns asking me about the platform so i believed i would do a quick video just taking you through the pros and cons the things that i think are good about the platform and the important things i believe are bad about the platform and then you can make a decision on whether you want to give it a go let’s jump directly in so the very first huge pro for me is the reality that they have analyst ratings and research i definitely love this it’s got a whole page for each of the stocks simply informing you what analysts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it provides you the rate targets that they think 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 buying and the insider transactions too so it just reveals you whether insiders have bought the shares um over the last couple of months or not i believe this is absolutely terrific and shown in an actually easy format so for me this is a substantial plus for the platform a second huge plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i believe this minimizes your foreign exchange risk so in theory you could simply top up a bigger quantity when the currency is in your favor and simply hold the money waiting to invest it for a great deal of the platforms you need to pay the fx charges whenever that you make a transaction whereas here that doesn’t happen you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this certainly works best if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it offers you access not simply to stocks however likewise to products and cryptocurrency obviously this isn’t actually something that beginners must meddle however it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually go in and speak to people discuss post see what individuals are publishing about each private stock almost have like discussions about it and you can really take a look at people’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and everything it is really transparent and i believe it’s really great due to the fact that you typically get like notices stating thus many individuals are talking about tesla today like see all the posts
here and it’s truly cool just to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i believe 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 spoken about this before but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s actually cool and i believe it’s a big plus of the platform since they’ve got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the last pro from my perspective is it’s simply got a truly great layout control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have a really actually great desktop variation it looks actually tidy easy to use i didn’t truly have any concerns with determining what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click on the research study you can click the news and it will simply inform you all the news about that specific stock it’s truly cool and likewise your portfolio simply looks really great and clean and actually has a great deal of information on the primary portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my viewpoint clearly 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 however ones to be familiar with the very first one i believe it is a bit too simple to trade cfds so since the cfd platform and the typical 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 inadvertently open a cfd which is actually excellent and that’s basically one of the primary factors that i do use them so it’s not truly something to worry about unintentionally doing however i normally believe that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail financiers i know several individuals who have actually lost quite a lot of cash um not on really however still trading cfds so i think normally there ought to most likely be a bit more it’s going to state regulation but just generally a little more like a few more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i talk about is people grumbling about the charges now yes whilst you may compare to certain platforms that have lower fees there are likewise loads of platforms that have much greater fees so roundabouts and swings actually it all depends upon the big picture um they have a 5 dollar withdrawal cost is that actually that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re only going to be securing like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you look at it there’s a few other costs on their charge page but normally the actual investing into stocks is commission free so when you have actually topped up you can do as lots of deals as you desire in terms of buying underlying possessions without paying additional costs and finally the last con from me is the portfolio history so i discover it a bit difficult to figure out sort of what i have actually invested where i need to go into each private stock just to see when i have actually invested into it and just how much rather than 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 investments if possible and likewise i’ve still not actually determined the dividends and how that shows up so that possibly is like a little bit of a 50 50 for me not quite sure yet to enjoy this space that’s basically it if you have an interest in providing a go i do have a referral link down below that you can utilize and you do not even need to top up you can just utilize the virtual portfolio at first simply to see what you think learn the platform and after that make a decision on whether you want to use it or not so i ‘d like to understand your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.