the agreement remains in regards to our analysts saying to purchase to hold to offer the stock all the rankings where it’s come from Etoro Vs Binance Crypto Fees…
I think there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i believed i would do a fast video simply taking you through the pros and cons the things that i believe are excellent about the platform and the things i believe are bad about the platform and then you can make a choice 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 scores and research i absolutely like this it’s got an entire page for each of the stocks just informing you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it provides you the cost targets that they believe 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 expert transactions too 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 terrific and displayed in a really easy format so for me this is a huge plus for the platform a 2nd 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 minimizes your foreign exchange threat so in theory you could just top up a larger amount when the currency remains 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 charges each time that you make a deal whereas here that does not happen you simply pay the fx fee
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when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it offers you gain access to not just to stocks however likewise to commodities and cryptocurrency certainly this isn’t truly something that novices must dabble in but it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually enter and talk to individuals talk about post see what people are posting about each specific stock nearly have like discussions about it and you can in fact look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the profits they’ve made and whatever it is really transparent and i believe it’s really great because you typically get like alerts saying thus lots of people are discussing tesla today like see all the posts
here and it’s truly cool simply to see what individuals are believing the next pro of the platform is in my viewpoint the copy portfolios so they have 2 options i think i’ve mentioned 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’ve discussed this prior to but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform due to the fact that they have actually got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the last pro from my perspective is it’s just got a really good layout dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a really really good desktop version it looks actually clean easy to use i didn’t actually have any issues with finding 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 specific stock it’s truly cool and also your portfolio simply looks truly great and tidy and in fact has a great deal of information on the primary portfolio page which i actually like now for the cons i think there are 3 primary cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of the very first one i think it is a bit too easy 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 simple for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is really great and that’s basically among the main reasons that i do use them so it’s not really something to fret about inadvertently doing however i generally think that a great deal of the platforms that use cfds ought to make it even harder to open cfds for retail financiers i know many people who have actually lost rather a lot of money um not on really however still trading cfds so i believe usually there ought to probably be a little bit more it’s going to say guideline but simply normally 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 comes up a lot when i discuss is individuals complaining about the fees now yes whilst you may compare to specific platforms that have lower costs there are also loads of platforms that have much higher fees so swings and roundabouts truly everything depends upon the big picture um they have a 5 dollar withdrawal cost is that actually that much maybe if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes perhaps 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 probably not so just weigh that up um when you when you take a look at it there’s a few other charges on their fee page however normally the actual investing into stocks is commission complimentary so when you have actually topped up you can do as many deals as you want in terms of buying underlying possessions without paying extra costs and lastly the last con from me is the portfolio history so i discover it a bit tough to determine sort of what i’ve invested where i need to go into each specific 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 also i have actually still not actually found 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 area that’s pretty much it if you are interested in providing a go i do have a referral link down below that you can use and you do not even have to top up you can just use the virtual portfolio initially simply to see what you think learn the platform and then make a decision on whether you want to utilize it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s basically it for th.