the consensus remains in terms of our analysts saying to buy to hold to offer the stock all the ratings where it’s originated from Etoro Units Vs Amount…
I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i thought i would do a fast video simply taking you through the pros and cons the things that i believe are great about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you want to provide it a go let’s dive directly in so the first huge pro for me is the truth that they have expert rankings and research study i absolutely like this it’s got an entire page for each of the stocks just telling you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it offers you the rate 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 deals too so it just shows you whether insiders have actually bought the shares um over the last couple of months or not i believe this is absolutely fantastic and shown in a really easy format so for me this is a big plus for the platform a second substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this reduces 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 whenever that you make a transaction whereas here that doesn’t happen you just pay the fx cost
What is social trading?
when you top up and when you withdraw and transform back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it gives you access not simply to stocks however likewise to products and cryptocurrency clearly this isn’t truly something that novices ought to dabble in but it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually enter and speak to individuals discuss post see what people are posting about each individual stock practically have like discussions about it and you can actually look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are buying including the popular traders you can see the profits they have actually made and everything it is really transparent and i believe it’s really great due to the fact that you frequently get like alerts stating like so many people are speaking about tesla right now like see all the posts
here and it’s actually cool simply to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have two options i think i’ve discussed 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’ve discussed this before however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s truly cool and i believe it’s a huge plus of the platform due to the fact that they’ve got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my viewpoint is it’s simply got a really nice layout control panel and the way it’s set up so unlike the other platforms that i use at the moment they have a really actually great desktop version it looks actually tidy 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 understand you can click
on the chart you can click on the research you can click the news and it will simply tell you all the news about that particular stock it’s actually cool and likewise your portfolio just looks actually nice and clean and in fact 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 plainly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i use them myself however ones to be familiar with the very first one i think it is a little bit too easy to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it rather easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can just click a button and accidentally open a cfd which is truly great and that’s pretty much among the main factors that i do use them so it’s not truly something to worry about unintentionally doing but i usually think that a lot of the platforms that use cfds must make it even harder to open cfds for retail investors i understand several individuals who’ve lost rather a lot of money um not on in fact however still trading cfds so i believe usually there ought to probably be a little bit more it’s going to state guideline however simply typically a little more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that turns up a lot when i speak about is individuals complaining about the costs now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much greater fees so roundabouts and swings truly it all depends upon the big picture um they have a 5 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 perhaps that’s a lot however if you’re investing long term and you’re just going to be securing 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 look at it there’s a couple of other fees on their fee page however normally the actual investing into stocks is commission free so once you’ve topped up you can do as lots of deals as you desire in terms of buying underlying possessions without paying extra costs 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 have actually invested where i need to go into each private stock just to see when i’ve invested into it and just 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 financial investments if possible and also i have actually still not really figured out the dividends and how that appears so that potentially is like a little bit of a 50 50 for me not quite sure yet to view this area that’s pretty much it if you are interested in providing a go i do have a referral link down listed below that you can use and you don’t even have to top up you can just utilize the virtual portfolio initially simply to see what you believe find out the platform and after that decide on whether you wish to utilize it or not so i ‘d enjoy to know your thoughts if you do try it out what you think of it and yeah that’s practically it for th.