the agreement remains in regards to our experts saying to purchase to hold to sell the stock all the scores where it’s originated from Etoro Vs Naga…
so i believe 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 quick video simply taking you through the advantages and disadvantages the things that i believe are excellent 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 wish to try let’s dive straight in so the very first big pro for me is the reality that they have expert rankings and research i definitely like this it’s got a whole 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 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 deals also so it just shows you whether insiders have bought the shares um over the last few months or not i think this is absolutely great and shown in a really easy format so for me this is a big plus for the platform a 2nd huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i think this decreases your foreign exchange risk so in theory you might simply top up a larger amount when the currency remains in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs whenever that you make a transaction whereas here that doesn’t occur you just pay the fx fee
What is social trading?
when you top up and when you withdraw and convert back to your own currency this obviously 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 just to stocks but likewise to products and cryptocurrency obviously this isn’t truly something that beginners ought to dabble in but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk to people comment on post see what people are posting about each individual stock practically have like conversations about it and you can really take a look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in including the popular traders you can see the profits they have actually made and everything it is very transparent and i believe it’s actually excellent because you often get like notifications saying like so many people are talking about tesla today like see all the posts
here and it’s truly cool just to see what individuals are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have two choices i believe i have actually discussed 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 talked about this prior to but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform since they have actually got loads of various themes of these portfolios um that you can choose from so that’s a big plus for me the last pro from my perspective is it’s simply got a truly nice design control panel and the way 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 actually tidy easy to use i didn’t actually have any concerns with determining what to do i like that for each stock you can go in and see whatever in one place 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 particular stock it’s truly cool and likewise your portfolio just looks clean and truly good and in fact has a lot of information on the primary portfolio page which i really like now for the cons i think there are three 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 utilize them myself however ones to be familiar with the first one i think it is a bit too simple to trade cfds so because the cfd platform and the typical 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 inadvertently open a cfd which is actually good which’s pretty much among the primary factors that i do utilize them so it’s not actually something to fret about mistakenly doing but i normally think that a great deal of the platforms that use cfds must make it even harder to open cfds for retail investors i understand many people who have actually lost rather a lot of cash um not on in fact however still trading cfds so i think usually there need to probably be a little bit more it’s going to say regulation but simply normally a little bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that turns up a lot when i speak about is people complaining about the costs now yes whilst you may compare to particular platforms that have lower fees there are also loads of platforms that have much greater charges so roundabouts and swings truly all of it 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 but if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you look at it there’s a few other charges on their charge page however usually the real investing into stocks is commission free so as soon as you’ve topped up you can do as numerous deals as you desire in terms of buying underlying assets without paying extra charges and finally the last con from me is the portfolio history so i find it a little bit tough to find out sort of what i have actually invested where i have to go into each individual 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 actually like to see all of the financial investments if possible and likewise i’ve still not actually found out the dividends and how that shows up so that possibly is like a bit of 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 don’t even have to top up you can just use the virtual portfolio initially simply to see what you believe learn the platform and then make a decision on whether you wish 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 practically it for th.