the consensus remains in terms of our analysts saying to purchase to hold to sell the stock all the rankings where it’s come from Etoro Reviews Milano Finanza Mf…
so i think there’s a lot of curiosity about i do get a great deal of questions 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 things i believe are bad about the platform and after that you can make a decision on whether or not you wish to try let’s jump straight in so the first big pro for me is the reality that they have expert ratings and research i definitely like this it’s got a whole page for each of the stocks simply telling you what experts 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 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 buying or selling and the insider transactions also so it simply shows you whether insiders have bought the shares um over the last few months or not i believe this is absolutely excellent and shown in a really simple format so for me this is a big plus for the platform a second substantial plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your foreign exchange danger so in theory you might simply top up a bigger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx fees every time that you make a deal whereas here that does not occur you simply pay the fx cost
What is social trading?
when you top up and when you withdraw and convert back to your own currency this obviously works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it provides you access not just to stocks but also to products and cryptocurrency certainly this isn’t actually something that newbies ought to meddle but it does have that option 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 enter and speak with people talk about post see what individuals are posting about each individual stock nearly have like discussions about it and you can really look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and whatever it is extremely transparent and i think it’s actually good due to the fact that you frequently get like notices stating thus lots of people are discussing 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 remains in my viewpoint the copy portfolios so they have two options i think i’ve mentioned before you can either copy private people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually talked about this prior to however they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s actually cool and i think it’s a big plus of the platform because they’ve got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the last pro from my point of view is it’s simply got an actually nice layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have a truly truly great desktop variation it looks really clean easy to use i didn’t truly have any problems with figuring out 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 simply tell you all the news about that particular stock it’s truly cool and likewise your portfolio just looks tidy and really good and in fact has a great deal of data on the main portfolio page which i truly like now for the cons i think there are 3 main cons in regards to in my viewpoint plainly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be knowledgeable about the very first one i believe it is a bit too easy to trade cfds so since the cfd platform and the regular trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and inadvertently open a cfd which is truly good which’s pretty much among the main reasons that i do use them so it’s not actually something to worry about mistakenly doing however i usually believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i know several people who have actually lost rather a great deal of cash um not on in fact however still trading cfds so i believe normally there need to probably be a bit more it’s going to state guideline however simply normally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that turns up a lot when i speak about is people complaining about the costs now yes whilst you may compare to specific platforms that have lower fees there are likewise loads of platforms that have much higher fees so swings and roundabouts really all of it depends upon the big picture um they have a five dollar withdrawal charge is that really that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 really matter most likely not so just weigh that up um when you when you take a look at it there’s a few other costs on their cost page however normally the actual 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 assets without paying additional fees and finally the last con from me is the portfolio history so i find it a bit hard to find out sort of what i’ve invested where i have to go into each specific stock simply to see when i’ve invested into it and 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 truly determined the dividends and how that appears so that potentially is like a little a 50 50 for me not quite sure yet to view this area that’s pretty much it if you have an interest in providing a go i do have a recommendation link down below that you can utilize and you don’t even need to top up you can just utilize the virtual portfolio initially just to see what you think discover the platform and then make a decision on whether you wish to utilize it or not so i ‘d love to know your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.