the agreement is in regards to our analysts saying to buy to hold to sell the stock all the ratings where it’s come from Etoro Copy Trade Fees…
I believe there’s a lot of curiosity about i do get a lot of concerns 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 great about the platform and the things i think are bad about the platform and then you can make a choice on whether or not you want to offer it a go let’s dive directly in so the first big pro for me is the truth that they have expert ratings and research study i definitely enjoy this it’s got a whole page for each of the stocks simply telling you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it gives 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 buying or offering and the expert transactions also 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 excellent and displayed in an actually simple format so for me this is a big plus for the platform a second big plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your forex risk so in theory you might just top up a bigger amount when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges each time that you make a transaction whereas here that does not 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 obviously works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it offers you access not simply to stocks however likewise to products and cryptocurrency undoubtedly this isn’t really something that newbies must meddle 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 aspect of the platform so you can actually go in and speak with individuals talk about post see what people are publishing about each private stock nearly have like discussions about it and you can in fact take a look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the earnings they’ve made and whatever it is very transparent and i think it’s really great since you frequently get like notifications saying thus lots of people are speaking about tesla today 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 opinion the copy portfolios so they have 2 choices i think i have actually pointed out prior to you can either copy individual 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 prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i believe it’s a substantial plus of the platform due to the fact that they have actually 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 perspective is it’s just 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 truly nice desktop variation it looks actually tidy easy to use i didn’t really have any issues with determining what to do i like that for each stock you can enter and see whatever in one location you know you can click
on the chart you can click on the research study you can click on the news and it will simply tell you all the news about that specific stock it’s truly cool and also your portfolio simply looks actually great and clean and really has a great deal of information on the primary portfolio page which i actually like now for the cons i believe there are 3 primary cons in regards to in my viewpoint clearly they’re not ones that have 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 regular trading platform are integrated into one it makes it rather 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 accidentally open a cfd which is truly great and that’s basically among the primary factors that i do use them so it’s not actually something to stress over unintentionally doing but i normally believe that a lot of the platforms that use cfds must make it even harder to open cfds for retail financiers i know several individuals who’ve lost quite a great deal of money um not on really but still trading cfds so i believe usually there must probably be a bit more it’s going to state regulation however simply normally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the fees so this is something that shows up a lot when i talk about is individuals complaining about the costs now yes whilst you may compare to certain platforms that have lower fees there are also loads of platforms that have much higher costs so roundabouts and swings truly it all depends upon the big picture um they have a 5 dollar withdrawal charge is that truly that much possibly if you’re continuously 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 getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other costs on their charge page but typically the real investing into stocks is commission complimentary so when you have actually topped up you can do as numerous transactions as you desire in terms of buying underlying possessions without paying additional charges and lastly the last con from me is the portfolio history so i find 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 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 really like to see all of the investments if possible and also i have actually still not truly figured out the dividends and how that shows up so that potentially resembles a little bit of a 50 50 for me not quite sure yet to watch this space that’s practically it if you have an interest in giving them a go i do have a recommendation link down listed below that you can use and you don’t even need to top up you can just utilize the virtual portfolio initially just to see what you think learn the platform and then make a decision on whether you wish to utilize it or not so i ‘d love to understand your thoughts if you do try it out what you think of it and yeah that’s basically it for th.