the consensus remains in terms of our analysts stating to purchase to hold to offer the stock all the scores where it’s come from Etoro Fees Cfd…
so i think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i thought i would do a quick video just taking you through the benefits and drawbacks the important things that i think are excellent about the platform and the important things i think are bad about the platform and then you can make a decision on whether or not you wish to try let’s jump directly in so the very first big pro for me is the truth that they have analyst scores and research i absolutely love this it’s got a whole page for each of the stocks simply telling you what analysts are stating and doing about the stock so you can see here for example on johnson and johnson what it appears like it provides 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 purchasing or selling and the insider transactions also so it simply shows you whether insiders have actually purchased the shares um over the last few months or not i believe this is absolutely terrific and shown in an actually simple format so for me this is a big plus for the platform a 2nd huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i think this reduces your foreign exchange risk so in theory you could just top up a bigger amount when the currency remains in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs each time that you make a transaction whereas here that doesn’t occur you just pay the fx fee
What is social trading?
when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you access not just to stocks however likewise to commodities and cryptocurrency clearly this isn’t actually something that newbies ought to dabble in but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally go in and talk to people discuss post see what individuals are posting about each private stock almost have like discussions about it and you can really look at individuals’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 profits they’ve made and everything it is extremely transparent and i think it’s really good due to the fact that you typically get like notifications saying like so lots of people are speaking about tesla right now like see all the posts
here and it’s truly cool simply to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 options i think i have actually 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’ve spoken about this prior to but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform since they have actually got loads of different themes of these portfolios um that you can pick from so that’s a big plus for me the last pro from my perspective is it’s simply got an actually great design dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have a truly truly great desktop version it looks truly clean easy to use i didn’t actually have any problems with figuring out what to do i like that for each stock you can enter and see whatever in one location you understand 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 truly cool and also your portfolio simply looks truly good and clean and really has a lot of data on the main portfolio page which i truly like now for the cons i think there are 3 main cons in terms of in my opinion clearly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself but ones to be knowledgeable about 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 integrated into one it makes it quite simple for individuals to trade cfds now they do put
warnings 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 worry about accidentally doing however i typically think that a lot of the platforms that offer cfds must make it even harder to open cfds for retail investors i know several individuals who’ve lost quite a lot of money um not on in fact but still trading cfds so i believe normally there must most likely be a little bit more it’s going to say regulation but simply typically a little bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that shows up a lot when i talk about is individuals complaining about the fees now yes whilst you might compare to specific platforms that have lower costs there are also loads of platforms that have much greater charges so roundabouts and swings truly all of it depends on the big picture um they have a 5 dollar withdrawal fee is that actually that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 actually matter most likely not so simply weigh that up um when you when you take a look at it there’s a couple of other charges on their charge page but generally the actual investing into stocks is commission free so when you’ve topped up you can do as many deals as you desire in regards to purchasing underlying possessions without paying additional costs and lastly the last con from me is the portfolio history so i find it a little bit difficult to figure out sort of what i’ve invested where i need to go into each specific stock just to see when i have actually 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 really like to see all of the financial investments if possible and likewise i have actually still not really found out the dividends and how that shows up so that possibly resembles a little 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 below that you can use and you do not even have to top up you can simply utilize the virtual portfolio at first just to see what you believe discover the platform and after that decide on whether you wish 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 basically it for th.