the agreement remains in terms of our experts saying to purchase to hold to sell the stock all the rankings where it’s come from Etoro Uk Ltd London…
so i think there’s a lot of interest about i do get a great deal 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 then you can make a decision on whether you want to give it a go let’s jump directly in so the first huge pro for me is the reality that they have expert rankings and research i absolutely love this it’s got a whole page for each of the stocks just informing you what experts are doing and saying about the stock so you can see here for instance on johnson and johnson what it appears 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 offering or purchasing and the insider transactions also so it just shows you whether insiders have bought the shares um over the last couple of months or not i believe this is definitely fantastic and shown in an actually easy format so for me this is a huge plus for the platform a 2nd huge plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective however i believe this decreases your forex risk so in theory you could just top up a larger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you have to pay the fx fees every time that you make a transaction whereas here that doesn’t 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 undoubtedly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it provides you gain access to not just to stocks however also to commodities and cryptocurrency obviously this isn’t actually something that beginners must meddle but it does have that option 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 go in and talk with people comment on post see what people are publishing about each private stock nearly have like conversations about it and you can actually look at people’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and whatever it is very transparent and i think it’s truly great since you often get like notifications stating thus lots of people are speaking about tesla right now like see all the posts
here and it’s actually cool simply to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i believe i have actually pointed out before you can either copy specific individuals 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 energy portfolio which simply 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 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 last pro from my perspective is it’s just got a really good layout control panel and the method it’s established so unlike the other platforms that i use at the moment they have an actually actually good desktop version it looks truly clean easy to use i didn’t really have any problems with figuring out what to do i like that for each stock you can go in and see whatever in one location you know you can click
on the chart you can click the research you can click the news and it will just inform you all the news about that specific stock it’s actually cool and also your portfolio just looks really good and clean and really has a great deal of information on the main portfolio page which i actually like now for the cons i think there are three main cons in regards to 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 very first one i believe it is a little bit too simple to trade cfds so because the cfd platform and the normal 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 simply click a button and accidentally open a cfd which is actually good and that’s pretty much one of the primary factors that i do use them so it’s not really something to worry about accidentally 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 know many individuals who have actually lost rather a great deal of money um not on really but still trading cfds so i think generally there must most likely be a bit more it’s going to say policy but simply generally a little bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that turns up a lot when i speak about is people complaining about the fees now yes whilst you may compare to certain platforms that have lower charges there are likewise loads of platforms that have much higher costs so roundabouts and swings really all of it depends upon the big picture um they have a five dollar withdrawal cost 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 perhaps 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 actually matter most likely not so simply weigh that up um when you when you look at it there’s a couple of other fees on their fee page but generally the real investing into stocks is commission complimentary so when you have actually topped up you can do as numerous deals as you desire in terms of buying underlying properties without paying additional charges and lastly the last con from me is the portfolio history so i find it a bit hard to find out sort of what i have actually invested where i need to go into each specific stock simply to see when i have actually 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 financial investments if possible and also i’ve still not truly found out the dividends and how that appears so that potentially resembles a bit of a 50 50 for me not quite sure yet to enjoy this space that’s practically it if you are interested in providing a go i do have a recommendation link down listed below that you can use and you do not even have to top up you can simply utilize the virtual portfolio initially just to see what you believe learn the platform and after that decide on whether you want to utilize 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.