the agreement remains in regards to our experts saying to buy to hold to offer the stock all the rankings where it’s come from Etoro App Uk…
I think there’s a lot of interest about i do get a lot of questions asking me about the platform so i believed i would do a fast video simply taking you through the pros and cons the things that i think are good about the platform and the things i believe are bad about the platform and then you can make a decision on whether or not you want to offer it a go let’s jump straight in so the first huge pro for me is the fact that they have expert ratings and research i absolutely love this it’s got an entire page for each of the stocks simply informing you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it offers you the cost 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 offering or purchasing and the insider transactions too so it simply shows you whether experts have actually bought the shares um over the last couple of months or not i think this is absolutely fantastic and shown in a truly easy format so for me this is a huge plus for the platform a second substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i believe this decreases your forex threat so in theory you could just top up a bigger quantity when the currency remains in your favor and just hold the money waiting to invest it for a great deal of the platforms you have to pay the fx charges each time that you make a deal whereas here that does not occur you simply pay the fx charge
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when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it gives you access not simply to stocks however also to products and cryptocurrency obviously this isn’t really something that beginners must dabble in but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally go in and talk to individuals comment on post see what individuals are posting about each private stock almost have like conversations about it and you can actually look at people’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the earnings they’ve made and everything it is extremely transparent and i believe it’s truly good because you typically get like notices stating like so many people are discussing tesla today like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i believe i’ve discussed before you can either copy private individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve spoken about this prior to but they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform since they’ve got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the final pro from my perspective is it’s simply got a really great layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have an actually actually great desktop variation it looks truly tidy easy to use i didn’t really have any concerns with finding out what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click the research study you can click the news and it will just inform you all the news about that specific stock it’s really cool and likewise your portfolio just looks actually good and tidy and actually has a lot of information on the primary portfolio page which i actually like now for the cons i believe there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off utilizing the platform um you know i’ve done portfolio updates i use them myself but ones to be aware of the very first one i think it is a bit too simple to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite easy for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and unintentionally open a cfd which is truly great which’s practically among the primary factors that i do utilize them so it’s not actually something to stress over mistakenly doing however i usually think that a lot of the platforms that offer cfds should make it even harder to open cfds for retail investors i understand several individuals who have actually lost rather a lot of money um not on really however still trading cfds so i believe generally there ought to probably be a little bit more it’s going to say regulation but just normally a little more like a few more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that shows up a lot when i speak about is people grumbling about the charges now yes whilst you might compare to certain platforms that have lower charges there are also loads of platforms that have much higher costs so swings and roundabouts really it all depends upon the big picture um they have a five dollar withdrawal charge is that actually that much possibly if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes possibly that’s a lot however if you’re investing long term and you’re only going to be taking out like a thousand pounds at a time then does it actually matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other costs on their charge page however normally the real investing into stocks is commission totally free so once you have actually topped up you can do as lots of transactions as you want in regards to purchasing underlying assets without paying additional fees and lastly the last con from me is the portfolio history so i discover it a little bit hard to determine sort of what i’ve invested where i need to go into each private stock just to see when i’ve 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 investments if possible and likewise i have actually still not truly determined the dividends and how that appears so that potentially is like a bit of a 50 50 for me not quite sure yet to view this area that’s basically it if you have an interest in giving them a go i do have a referral link down listed below that you can utilize and you do not even have to top up you can simply use the virtual portfolio at first simply to see what you believe discover the platform and after that 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 of it and yeah that’s practically it for th.