the consensus remains in regards to our analysts stating to purchase to hold to offer the stock all the ratings where it’s originated from Etoro Vs Kucoin…
so i think there’s a great deal of interest about i do get a great deal of questions asking me about the platform so i thought i would do a fast video just taking you through the advantages and disadvantages the important things that i believe are good about the platform and the important things i believe are bad about the platform and then you can make a decision on whether or not you wish to try let’s dive directly in so the first big pro for me is the fact that they have analyst scores and research i absolutely enjoy this it’s got an entire page for each of the stocks simply informing you what experts are stating and doing about the stock so you can see here for instance on johnson and johnson what it looks like it offers 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 buying or selling and the insider deals as well so it simply shows you whether insiders have actually bought the shares um over the last few months or not i think this is absolutely terrific and shown in a truly simple format so for me this is a huge plus for the platform a 2nd big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens your forex threat so in theory you might simply top up a bigger amount when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs every time that you make a transaction whereas here that doesn’t happen you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and convert back to your own currency this certainly works finest if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you access not simply to stocks but likewise to commodities and cryptocurrency clearly this isn’t really something that novices ought to meddle 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 literally enter and speak to individuals comment on post see what individuals are publishing about each individual stock nearly have like conversations about it and you can actually look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the earnings they’ve made and everything it is very transparent and i believe it’s truly good since you often get like alerts saying like so many people are talking about tesla right now 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 opinion the copy portfolios so they have two alternatives i believe i have actually discussed 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’ve discussed this before but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i believe it’s a substantial 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 substantial plus for me the last pro from my point of view is it’s simply got an actually great layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a really truly nice desktop variation it looks truly tidy easy to use i didn’t actually have any issues with determining 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 on the research study you can click on the news and it will simply tell you all the news about that specific stock it’s really cool and also your portfolio just looks clean and actually great and actually has a lot of data on the main portfolio page which i actually like now for the cons i believe there are 3 main cons in terms of in my viewpoint plainly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be familiar with the first one i think it is a bit too simple to trade cfds so since 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 just click a button and unintentionally open a cfd which is really excellent which’s pretty much among the primary factors that i do use them so it’s not really something to worry about inadvertently doing however i usually believe that a lot of the platforms that provide cfds should make it even harder to open cfds for retail investors i understand many people who have actually lost rather a lot of money um not on actually however still trading cfds so i think normally there need to probably be a bit more it’s going to say guideline but simply typically a little bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the costs so this is something that turns up a lot when i discuss is people grumbling about the charges now yes whilst you might compare to particular platforms that have lower charges there are also loads of platforms that have much greater costs so swings and roundabouts truly everything depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much perhaps if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 probably not so simply weigh that up um when you when you take a look at it there’s a few other costs on their fee page but generally the real investing into stocks is commission complimentary so once you have actually topped up you can do as many deals as you desire in terms of purchasing underlying properties without paying extra fees and finally the last con from me is the portfolio history so i discover it a bit tough to determine sort of what i have actually invested where i need to go into each individual stock simply to see when i’ve invested into it and 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 found out the dividends and how that appears so that possibly 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 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 simply to see what you think discover the platform and after that make a decision on whether you wish to use it or not so i ‘d love to know your ideas if you do try it out what you consider it and yeah that’s basically it for th.