the consensus remains in regards to our analysts saying to buy to hold to sell the stock all the scores where it’s come from Etoro Trading Fees…
so i think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a fast video just taking you through the advantages and disadvantages the things that i think are good about the platform and the things i think are bad about the platform and after that you can decide on whether or not you want to try let’s jump straight in so the very first big pro for me is the truth that they have analyst ratings and research i absolutely love this it’s got an entire page for each of the stocks just informing you what experts are stating and doing about the stock so you can see here for instance on johnson and johnson what it appears 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 insider transactions too so it just reveals you whether experts have actually bought the shares um over the last few months or not i think this is definitely excellent and shown in a really simple format so for me this is a substantial plus for the platform a second huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i think this minimizes your forex threat so in theory you might simply top up a bigger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges whenever that you make a transaction whereas here that does not occur 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 clearly works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it provides you access not simply to stocks but likewise to commodities and cryptocurrency obviously this isn’t really something that novices should dabble in but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally enter and speak with individuals discuss post see what people are posting about each private stock practically have like conversations about it and you can in fact take a look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing including the popular traders you can see the revenues they’ve made and whatever it is extremely transparent and i believe it’s really excellent because you frequently get like alerts stating thus many people are discussing 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 options i believe i have actually 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 have actually discussed this prior to however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s really 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 select from so that’s a huge plus for me the final pro from my viewpoint is it’s simply got an actually nice design control panel and the way it’s set up so unlike the other platforms that i use at the moment they have a truly actually great desktop version it looks actually tidy easy to use i didn’t truly have any problems with finding 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 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 simply looks actually great and tidy and in fact has a great deal of data on the primary portfolio page which i truly like now for the cons i think there are 3 main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be familiar with the first one i believe it is a bit too simple to trade cfds so since the cfd platform and the normal trading platform are incorporated into one it makes it quite simple for individuals 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 which’s pretty much one of the main reasons that i do utilize them so it’s not truly something to fret about mistakenly doing however i generally believe that a lot of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand quite a few people who have actually lost quite a lot of money um not on actually but still trading cfds so i think normally there need to probably be a little bit more it’s going to say policy however simply typically a bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i talk about is individuals grumbling about the fees now yes whilst you might compare to specific platforms that have lower charges there are likewise loads of platforms that have much higher fees so roundabouts and swings really everything depends upon the big picture um they have a five dollar withdrawal charge is that truly that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly 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 actually matter probably not so just weigh that up um when you when you take a look at it there’s a few other fees on their charge page but usually the real investing into stocks is commission totally free so when you’ve topped up you can do as many deals as you desire in regards to buying underlying assets without paying extra fees and lastly the last con from me is the portfolio history so i discover it a little bit difficult to figure 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 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 really like to see all of the investments if possible and likewise i have actually still not truly figured out the dividends and how that shows up so that potentially resembles a little a 50 50 for me not quite sure yet to enjoy this space 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 just 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 use it or not so i ‘d love to understand your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.