the consensus remains in regards to our experts saying to buy to hold to offer the stock all the scores where it’s come from Etoro No Fees…
I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i believed i would do a quick video just taking you through the pros and cons the things that i think are excellent 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 give it a go let’s jump straight in so the very first huge pro for me is the reality that they have expert scores and research i definitely like this it’s got a whole page for each of the stocks simply informing you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it gives you the price targets that they think 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 purchasing and the expert transactions also so it simply shows you whether insiders have bought the shares um over the last couple of months or not i think this is absolutely great and displayed in a really easy format so for me this is a huge plus for the platform a second huge plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i think this decreases your forex danger so in theory you might just top up a larger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges every time that you make a deal whereas here that does not occur 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 finest if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it provides you gain access to not simply to stocks however likewise to commodities and cryptocurrency undoubtedly this isn’t truly something that newbies must meddle but it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk with individuals discuss post see what individuals are posting about each individual stock practically have like conversations about it and you can actually take a look at people’s portfolios so you can go 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’ve made and everything it is very transparent and i think it’s actually great because you frequently get like alerts saying thus lots of people are discussing tesla right now like see all the posts
here and it’s actually cool simply to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have two choices i believe i’ve discussed 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 prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s truly cool and i think it’s a huge plus of the platform due to the fact that they have actually got loads of different themes of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my point of view is it’s just got a really good design 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 nice desktop version it looks really tidy easy to use i didn’t actually have any issues with figuring out what to do i like that for each stock you can enter and see whatever in one place you know you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks clean and truly good and actually has a great deal of data on the primary portfolio page which i actually like now for the cons i think there are 3 main cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be knowledgeable about the first one i think it is a little bit too simple to trade cfds so since the cfd platform and the typical trading platform are integrated 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 accidentally open a cfd which is truly great and that’s basically among the primary factors that i do utilize them so it’s not really something to stress over mistakenly doing but i typically believe that a great deal of the platforms that use cfds need to make it even harder to open cfds for retail investors i know quite a few individuals who have actually lost rather a lot of money um not on in fact however still trading cfds so i believe typically there should probably be a little bit more it’s going to state guideline however just usually a bit more like a few more
hoops to jump 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 discuss is people complaining about the charges now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much higher fees so roundabouts and swings actually all of it depends upon the big picture um they have a five dollar withdrawal fee is that really that much perhaps if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot but 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 charges on their fee page however typically the real investing into stocks is commission complimentary so once you’ve topped up you can do as numerous transactions as you want in regards to buying underlying possessions without paying extra costs and finally the last con from me is the portfolio history so i find it a bit tough to figure out sort of what i have actually invested where i have to go into each individual stock simply 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 really like to see all of the investments if possible and likewise i’ve still not actually found out the dividends and how that shows up so that possibly is like a little 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 providing a go i do have a referral link down listed below that you can utilize and you don’t even have to top up you can simply utilize the virtual portfolio initially simply to see what you believe learn the platform and then decide on whether you want to use it or not so i ‘d like to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.