the agreement remains in terms of our analysts saying to purchase to hold to offer the stock all the rankings where it’s come from Etoro Stocks Review…
so i believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the advantages and disadvantages the important things that i believe are good about the platform and the important things i think 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 straight in so the first big pro for me is the truth that they have analyst ratings and research study i definitely like this it’s got an entire page for each of the stocks just telling you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it appears like it provides 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 purchasing or selling and the insider deals as well so it simply shows you whether insiders have actually bought the shares um over the last few months or not i think this is definitely fantastic and shown in an actually easy format so for me this is a big plus for the platform a second huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i think this lessens your foreign exchange risk so in theory you could just top up a bigger amount when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx fees every time that you make a transaction whereas here that doesn’t happen you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it provides you access not just to stocks however also to products and cryptocurrency clearly this isn’t actually something that beginners need to dabble in but it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk to people talk about post see what people are posting about each private stock nearly have like conversations about it and you can in fact take a look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they’ve made and whatever it is very transparent and i think it’s actually great since you often get like alerts saying like so many individuals are talking about tesla today like see all the posts
here and it’s actually cool just to see what individuals are believing the next pro of the platform is in my viewpoint the copy portfolios so they have two alternatives i think i have actually discussed prior to you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually spoken about this before but they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s type 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 various styles of these portfolios um that you can select from so that’s a substantial plus for me the last pro from my perspective is it’s simply got an actually good layout dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a truly really nice desktop version it looks truly clean easy to use i didn’t truly have any problems with finding out what to do i like that for each stock you can go in and see everything in one location you understand you can click
on the chart you can click on the research you can click on the news and it will simply tell you all the news about that particular stock it’s really cool and also your portfolio just looks tidy and truly nice and actually has a lot of data on the primary portfolio page which i truly like now for the cons i think there are 3 main cons in terms of in my opinion clearly they’re not ones that have actually put me off using the platform um you understand i have actually done portfolio updates i use them myself but ones to be knowledgeable about the first one i believe it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated into one it makes it rather easy 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 truly good and that’s basically among the primary factors that i do utilize them so it’s not really something to stress over accidentally doing but i usually think that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i understand quite a few individuals who’ve lost quite a lot of cash um not on in fact but still trading cfds so i think generally there ought to probably be a bit more it’s going to say regulation but just normally a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i talk about is people complaining about the costs now yes whilst you might compare to certain platforms that have lower charges there are also loads of platforms that have much greater charges so swings and roundabouts truly everything depends upon the big picture um they have a five dollar withdrawal cost is that really that much perhaps 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 only going to be securing like a thousand pounds at a time then does it truly matter most likely 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 as soon as you’ve topped up you can do as many transactions as you want in regards to purchasing underlying assets without paying additional fees and finally the last con from me is the portfolio history so i discover it a little bit difficult to find out sort of what i’ve invested where i need to go into each individual stock just to see when i’ve invested into it and just 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 actually 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 resembles a bit of a 50 50 for me not quite sure yet to see this space that’s basically it if you have an interest in giving them a go i do have a referral link down below that you can utilize and you don’t even have to top up you can just use the virtual portfolio initially just to see what you think find out the platform and after that make a decision on whether you want to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.