the agreement remains in terms of our analysts saying to purchase to hold to offer the stock all the ratings where it’s originated from Etoro.Co.Uk…
so i believe there’s a lot of interest about i do get a great deal 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 important things that i believe are excellent about the platform and the things i think are bad about the platform and after that you can decide on whether you want to try let’s dive straight in so the first huge pro for me is the truth that they have analyst scores and research i definitely love this it’s got an entire page for each of the stocks simply telling you what experts are doing and saying about the stock so you can see here for instance on johnson and johnson what it looks like it offers you the price 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 buying and the insider deals too so it just shows you whether insiders have actually purchased the shares um over the last couple of months or not i believe this is absolutely terrific and displayed in an actually easy format so for me this is a big plus for the platform a 2nd substantial plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this minimizes your forex risk so in theory you could just top up a larger quantity when the currency remains 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 deal whereas here that doesn’t happen you just pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it provides you access not just to stocks however also to commodities and cryptocurrency certainly this isn’t actually something that novices need to dabble in however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and speak with individuals comment on post see what people are publishing about each specific stock almost have like discussions about it and you can actually look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and whatever it is really transparent and i think it’s truly excellent since you frequently get like notifications stating like so lots of people are discussing tesla right now like see all the posts
here and it’s actually cool just to see what people are believing the next pro of the platform is in my viewpoint the copy portfolios so they have 2 options i believe i’ve pointed out prior to you can either copy specific people 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 energy portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can choose from so that’s a huge plus for me the final pro from my point of view is it’s simply got a really nice layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have a really truly good desktop variation it looks really tidy easy to use i didn’t actually have any issues with determining what to do i like that for each stock you can go in and see everything in one location you know you can click
on the chart you can click on the research you can click the news and it will just tell you all the news about that particular stock it’s truly cool and also your portfolio just looks truly nice and tidy and in fact has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are 3 main cons in terms of in my viewpoint plainly 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 aware of the first one i think it is a little bit too easy to trade cfds so since the cfd platform and the regular trading platform are integrated into one it makes it quite easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and unintentionally open a cfd which is truly great which’s practically one of the primary factors that i do utilize them so it’s not actually something to stress over inadvertently doing but i usually think that a great deal of the platforms that use cfds should make it even harder to open cfds for retail investors i know several individuals who have actually lost quite a great deal of money um not on actually but still trading cfds so i believe usually there should most likely be a little bit more it’s going to say regulation however simply typically a little bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that turns up a lot when i discuss is individuals complaining about the fees now yes whilst you might compare to specific platforms that have lower fees there are also loads of platforms that have much greater fees so swings and roundabouts truly everything depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much maybe if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it truly matter probably not so just weigh that up um when you when you look at it there’s a few other fees on their cost page but typically the actual investing into stocks is commission totally free so as soon as you’ve topped up you can do as lots of transactions as you want in terms of buying underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i discover it a bit hard to figure out sort of what i have actually invested where i need to go into each individual 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 really like to see all of the investments if possible and likewise i have actually still not actually determined the dividends and how that shows up so that possibly is like a bit of a 50 50 for me not quite sure yet to enjoy this space that’s basically it if you are interested in providing 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 utilize the virtual portfolio initially just to see what you think discover the platform and after that decide on whether you want to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.