the consensus remains in terms of our analysts saying to purchase to hold to offer the stock all the ratings where it’s come from Etoro Lukoil…
so i think there’s a great deal of interest about i do get a lot of concerns asking me about the platform so i believed i would do a fast video just taking you through the benefits and drawbacks the things that i believe are good about the platform and the important things i believe are bad about the platform and after that you can decide on whether or not you want to give it a go let’s jump straight in so the first huge pro for me is the fact that they have expert scores and research study i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it appears like it offers 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 offering and the insider transactions as well so it just reveals you whether insiders have purchased the shares um over the last couple of months or not i think this is definitely fantastic and shown in a really 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 held in u.s dollars so i guess this is subjective but i think this decreases your foreign exchange danger so in theory you could just top up a larger amount when the currency remains in your favor and simply hold the money waiting to invest it for a great deal of the platforms you have to pay the fx costs each time that you make a transaction whereas here that doesn’t occur 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 certainly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it gives you access not just to stocks however likewise to products and cryptocurrency clearly this isn’t truly something that novices should dabble in but it does have that option 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 to individuals talk about post see what people are publishing about each specific stock nearly have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the revenues they’ve made and everything it is very transparent and i think it’s actually good because you frequently get like notices stating like so many people 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 remains in my viewpoint the copy portfolios so they have 2 alternatives i believe i have actually pointed out before 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 prior to but 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 truly cool and i think it’s a substantial plus of the platform since they have actually got loads of various themes of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my viewpoint is it’s just got an actually nice design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually really good desktop variation it looks actually clean easy to use i didn’t really have any concerns with determining what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click on the research study you can click the news and it will simply inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks clean and really good and really has a lot of data on the main portfolio page which i truly like now for the cons i believe there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of the first one i think it is a bit too easy to trade cfds so since the cfd platform and the normal trading platform are incorporated 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 simply click a button and accidentally open a cfd which is really good and that’s basically among the main reasons that i do use them so it’s not actually something to fret about inadvertently doing however i normally believe that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail financiers i know many people who’ve lost quite a great deal of cash um not on in fact however still trading cfds so i think generally there must probably be a bit more it’s going to say regulation however just typically a bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the costs 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 specific platforms that have lower costs there are also loads of platforms that have much greater costs so swings and roundabouts really all of it depends on the big picture um they have a five dollar withdrawal charge is that truly 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 however if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it actually matter probably not so just 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 normally the real investing into stocks is commission complimentary so when you’ve topped up you can do as numerous transactions as you want in terms of buying underlying properties without paying extra charges and finally the last con from me is the portfolio history so i discover it a bit difficult to find out sort of what i have actually invested where i have to go into each individual stock just to see when i’ve 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 truly like to see all of the investments if possible and likewise i have actually still not truly found out the dividends and how that appears so that potentially is like a bit of a 50 50 for me not quite sure yet to enjoy this area that’s practically it if you have an interest in giving them a go i do have a referral link down listed below that you can use and you don’t even have to top up you can simply use the virtual portfolio at first simply to see what you believe learn the platform and then make a decision on whether you wish to utilize it or not so i ‘d like to know your ideas if you do try it out what you think of it and yeah that’s practically it for th.