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the consensus remains in terms of our analysts stating to buy to hold to offer the stock all the ratings where it’s come from Etoro Review Binaryscamwatchmonitor…

I think there’s a lot of curiosity 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 believe are excellent about the platform and the things i believe are bad about the platform and then you can make a decision on whether or not you want to give it a go let’s jump directly in so the first huge pro for me is the truth that they have expert ratings and research study i definitely love this it’s got a whole page for each of the stocks just informing you what analysts are doing and saying 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 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 purchasing or selling and the insider transactions too so it just shows you whether insiders have purchased the shares um over the last couple of months or not i think this is absolutely great and shown in a really simple format so for me this is a substantial plus for the platform a 2nd big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i believe this reduces your foreign exchange threat so in theory you could just top up a bigger 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 whenever that you make a transaction whereas here that doesn’t happen you just pay the fx charge

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when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you gain access to not simply to stocks however likewise to products and cryptocurrency undoubtedly this isn’t actually something that beginners ought to meddle however it does have that choice 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 to people discuss post see what people are posting about each individual stock almost have like discussions about it and you can actually take a look at people’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and whatever it is extremely transparent and i believe it’s really good because you typically get like notices saying thus lots of people are discussing tesla right now like see all the posts

here and it’s really cool just to see what individuals are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 alternatives i believe i’ve 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’ve talked about this before however they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform since they’ve got loads of different themes of these portfolios um that you can choose from so that’s a substantial plus for me the final pro from my perspective is it’s just got a really great design control panel and the way it’s set up so unlike the other platforms that i usage at the moment they have an actually really good desktop version it looks really clean easy to use i didn’t actually have any issues with figuring out what to do i like that for each stock you can go in and see whatever in one location you understand you can click

on the chart you can click 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 likewise your portfolio just looks tidy and truly nice and actually 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 plainly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i use them myself however ones to be aware of the very first one i think it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the normal trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put

warnings in place and it’s not like you can just click a button and inadvertently open a cfd which is actually good and that’s basically one of the primary reasons that i do utilize them so it’s not actually something to worry about accidentally doing but i typically think that a great deal of the platforms that offer cfds should make it even harder to open cfds for retail financiers i understand several people who’ve lost rather a great deal of cash um not on actually however still trading cfds so i believe generally there should most likely be a little bit more it’s going to state guideline however simply typically a little bit more like a couple of more

hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that comes up a lot when i discuss is individuals grumbling about the costs now yes whilst you might compare to particular platforms that have lower costs there are also loads of platforms that have much higher fees so swings and roundabouts really everything depends on the big picture um they have a 5 dollar withdrawal fee is that truly 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 taking out like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you look at it there’s a couple of other charges on their charge page however usually the actual investing into stocks is commission free so once you have actually topped up you can do as numerous transactions as you want in regards to buying underlying possessions without paying additional costs and lastly the last con from me is the portfolio history so i discover it a bit challenging to determine sort of what i have actually invested where i need to go into each specific stock just to see when i’ve 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 truly 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 potentially resembles a little bit of a 50 50 for me not quite sure yet to view this space that’s pretty much it if you are interested in giving them a go i do have a recommendation link down listed below that you can utilize and you do not even have to top up you can just utilize the virtual portfolio initially simply to see what you think discover the platform and after that decide on whether you want to utilize 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 basically it for th.