the consensus remains in terms of our experts saying to buy to hold to offer the stock all the ratings where it’s come from Etoro Australia Review…
I think there’s a lot of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick 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 choice on whether or not you want to provide it a go let’s dive straight in so the very first big pro for me is the reality that they have expert ratings and research study i absolutely love this it’s got an entire page for each of the stocks simply telling you what analysts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it provides you the cost 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 purchasing or offering and the insider deals also so it just reveals you whether insiders have purchased the shares um over the last couple of months or not i believe this is absolutely fantastic and shown in an actually simple format so for me this is a substantial plus for the platform a 2nd substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this decreases your forex risk so in theory you could simply top up a bigger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a transaction whereas here that doesn’t occur you simply 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 third huge pro of the platform in my opinion is that it provides you access not just to stocks but likewise to products and cryptocurrency obviously this isn’t actually something that newbies ought to dabble in however it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and talk to individuals comment on post see what people are posting about each individual stock almost have like conversations about it and you can really look at people’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the earnings they have actually made and whatever it is really transparent and i think it’s actually good because you frequently get like notifications saying thus lots of people are discussing tesla today like see all the posts
here and it’s truly cool just to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 alternatives i think i’ve pointed out before you can either copy individual 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 however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s actually cool and i think it’s a substantial plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my viewpoint is it’s just got a truly good design dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have a really actually great desktop version it looks truly clean easy to use i didn’t truly have any problems with figuring out what to do i like that for each stock you can go in and see whatever in one location you know you can click
on the chart you can click on the research you can click on the news and it will just tell you all the news about that specific stock it’s really cool and also your portfolio just looks really great and tidy and in fact has a great deal of data on the primary portfolio page which i actually like now for the cons i think there are 3 primary cons in terms of in my viewpoint clearly they’re not ones that have put me off utilizing the platform um you know i have actually done portfolio updates i utilize them myself however ones to be familiar with the first one i think it is a bit too easy to trade cfds so due to the fact that the cfd platform and the typical trading platform are incorporated into one it makes it rather simple 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 actually excellent which’s pretty much among the main factors that i do utilize them so it’s not truly something to fret about unintentionally doing however i typically think that a lot of the platforms that offer cfds must make it even harder to open cfds for retail financiers i know many people who have actually lost quite a great deal of money um not on actually but still trading cfds so i think generally there ought to most likely be a little bit more it’s going to state guideline but simply typically a little more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that turns up a lot when i discuss is people complaining about the charges now yes whilst you might compare to certain platforms that have lower costs there are also loads of platforms that have much greater costs so swings and roundabouts actually all of it depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly that’s a lot but if you’re investing long term and you’re only going to be securing like a thousand pounds at a time then does it truly matter most likely not so just weigh that up um when you when you look at it there’s a couple of other fees on their charge page however usually the actual investing into stocks is commission free so when you have actually topped up you can do as lots of transactions as you desire in regards to buying underlying properties without paying extra costs and finally the last con from me is the portfolio history so i discover it a bit difficult to determine sort of what i’ve invested where i have to go into each individual stock just to see when i’ve invested into it and 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 also i have actually still not truly found out the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to view this space that’s practically it if you have an interest in providing a go i do have a recommendation link down listed below that you can utilize and you don’t even need to top up you can simply utilize the virtual portfolio initially just to see what you think discover the platform and after that make a decision on whether you want to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.