the agreement is in terms of our experts stating to buy to hold to offer the stock all the rankings where it’s come from Etoro First Deposit 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 believed i would do a quick video simply taking you through the pros and cons the things that i think are excellent about the platform and the things i believe are bad about the platform and after that you can make a decision on whether you want to give it a go let’s dive directly in so the first big pro for me is the reality that they have analyst rankings and research study i absolutely enjoy this it’s got an entire page for each of the stocks just telling you what analysts are saying and doing about the stock so you can see here for instance on johnson and johnson what it looks like it gives you the rate 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 selling and the expert transactions too so it just shows you whether experts have purchased the shares um over the last few months or not i believe this is definitely excellent and displayed in a really simple format so for me this is a substantial plus for the platform a second huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i think this minimizes your forex risk so in theory you could just top up a larger amount when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you need to pay the fx charges whenever that you make a deal whereas here that does not happen you simply pay the fx cost
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when you top up and when you withdraw and transform 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 gives you access not just to stocks but likewise to commodities and cryptocurrency obviously this isn’t actually something that novices should meddle but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually go in and talk with people discuss post see what people are publishing about each private stock almost have like discussions about it and you can actually look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and everything it is really transparent and i believe it’s truly excellent because you frequently get like notices saying thus many individuals are talking about tesla today like see all the posts
here and it’s really 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 choices 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 discussed this before but they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s really cool and i think it’s a substantial plus of the platform due to the fact that they have actually got loads of various styles of these portfolios um that you can pick from so that’s a big plus for me the last pro from my viewpoint is it’s just got a truly good layout dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a really actually good desktop version it looks truly tidy easy to use i didn’t actually have any problems with determining what to do i like that for each stock you can enter and see everything in one place you understand you can click
on the chart you can click the research study you can click the news and it will just tell you all the news about that specific stock it’s actually cool and also your portfolio simply looks clean and really good and actually has a great deal of data on the primary portfolio page which i really like now for the cons i think there are 3 main cons in terms of in my opinion 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 but ones to be aware of the very first one i believe it is a little bit too simple to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite 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 mistakenly open a cfd which is truly good and that’s basically one of the main factors that i do use them so it’s not really something to stress over accidentally doing but i normally believe that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail investors i understand several people who’ve lost quite a great deal of money um not on in fact however still trading cfds so i think usually there must most likely be a bit more it’s going to say guideline but simply normally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i talk about is individuals grumbling about the charges now yes whilst you may compare to particular platforms that have lower costs there are likewise loads of platforms that have much higher charges so roundabouts and swings really everything depends on the big picture um they have a five dollar withdrawal cost is that truly that much perhaps if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot however 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 most likely not so simply weigh that up um when you when you take a look at it there’s a couple of other fees on their cost page but usually the actual investing into stocks is commission totally free so as soon as you have actually topped up you can do as lots of deals as you desire in terms of buying underlying assets without paying additional charges and finally the last con from me is the portfolio history so i discover it a little bit difficult 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 actually like to see all of the investments if possible and likewise i’ve still not truly found 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 enjoy this space that’s basically it if you are interested in giving them a go i do have a referral link down listed below that you can use and you do not even need to top up you can simply utilize the virtual portfolio at first just to see what you think discover the platform and then make a decision on whether you want to use it or not so i ‘d like to know your thoughts if you do try it out what you think about it and yeah that’s practically it for th.