the agreement is in terms of our experts stating to buy to hold to sell the stock all the scores where it’s originated from Etoro Vs Ig Markets…
I think 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 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 desire to provide it a go let’s dive straight in so the first big pro for me is the reality that they have analyst rankings and research i definitely enjoy this it’s got an entire page for each of the stocks just informing you what analysts 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 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 purchasing or selling and the expert transactions 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 definitely terrific and shown in a really simple format so for me this is a huge plus for the platform a second big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i believe this decreases your forex risk so in theory you might just top up a larger quantity when the currency is in your favor and just hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx costs whenever that you make a transaction whereas here that doesn’t happen you just pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it gives you access not simply to stocks however also to products and cryptocurrency obviously this isn’t actually something that novices need to meddle but it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and speak with people discuss post see what people are posting about each private stock practically have like conversations about it and you can actually look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the revenues they’ve made and everything it is really transparent and i believe it’s actually great due to the fact that you frequently get like notifications saying like so many individuals 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 alternatives i believe i’ve discussed prior to you can either copy specific people 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 energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s truly cool and i believe it’s a substantial plus of the platform due to the fact that they’ve got loads of various styles of these portfolios um that you can pick from so that’s a big plus for me the final pro from my point of view is it’s simply got a truly good layout dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have an actually really great desktop variation it looks really tidy easy to use i didn’t really have any concerns with finding out what to do i like that for each stock you can enter and see whatever in one place you understand 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 particular stock it’s truly cool and likewise your portfolio simply looks tidy and really nice and actually has a great deal of data on the primary portfolio page which i truly like now for the cons i believe there are three primary cons in terms of in my opinion clearly they’re not ones that have put me off using the platform um you know i have actually done portfolio updates i utilize them myself but ones to be knowledgeable about the first one i think it is a little 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 quite simple for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and mistakenly open a cfd which is actually good and that’s practically one of the main reasons that i do use them so it’s not really something to stress over accidentally doing however i normally think that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail financiers i know numerous people who’ve lost quite a great deal of money um not on really however still trading cfds so i think normally there need to probably be a bit more it’s going to say guideline but simply normally a little more like a few more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that shows up a lot when i discuss is people grumbling about the costs now yes whilst you might compare to specific platforms that have lower charges there are also loads of platforms that have much greater charges so swings and roundabouts truly it all depends upon the big picture um they have a 5 dollar withdrawal charge 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 just going to be taking out like a thousand pounds at a time then does it actually 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 cost page but typically the real investing into stocks is commission complimentary so when you have actually topped up you can do as numerous transactions as you want in regards to purchasing underlying possessions without paying additional fees and finally the last con from me is the portfolio history so i find it a bit challenging to find out sort of what i have actually invested where i have to go into each private stock simply 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 investments if possible and also i have actually still not truly determined 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 see this space that’s basically it if you are interested in providing a go i do have a recommendation link down below that you can use and you don’t even need to top up you can simply utilize the virtual portfolio at first just to see what you think find out the platform and then decide on whether you want to use it or not so i ‘d enjoy to know your ideas if you do try it out what you consider it and yeah that’s basically it for th.