the agreement remains in terms of our experts saying to purchase to hold to sell the stock all the rankings where it’s come from Etoro Vs Revolut…
so i believe there’s a great deal of interest about i do get a lot of questions asking me about the platform so i believed i would do a quick video simply taking you through the benefits and drawbacks the things that i think are great about the platform and the important 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 directly in so the first big pro for me is the fact that they have analyst rankings and research i definitely love this it’s got an entire page for each of the stocks simply informing you what analysts are doing and stating about the stock so you can see here for instance on johnson and johnson what it appears like it offers you the price 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 selling or buying and the insider deals as well so it just reveals you whether experts have purchased the shares um over the last couple of months or not i think this is absolutely great and shown in a really simple format so for me this is a substantial plus for the platform a 2nd huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange threat so in theory you might just top up a larger amount when the currency remains in your favor and just hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx costs each time that you make a deal 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 clearly works finest if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it provides you gain access to not simply to stocks but likewise to products and cryptocurrency certainly this isn’t actually something that beginners need to meddle but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually go in and speak to people talk about post see what people are publishing about each private stock almost have like conversations about it and you can in fact take a look at individuals’s portfolios so you can enter into anybody’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 really good since you typically get like notices saying thus 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 thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two alternatives i think i have actually pointed out before 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 have actually discussed this before however they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s really cool and i think it’s a big plus of the platform since they’ve got loads of different themes of these portfolios um that you can choose from so that’s a huge plus for me the last pro from my point of view is it’s just got an actually nice layout dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have a really actually good desktop version it looks truly clean easy to use i didn’t really have any issues with finding out what to do i like that for each stock you can enter and see everything in one location you understand you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that specific stock it’s truly cool and also your portfolio just looks tidy and actually nice and actually has a great deal of data on the main portfolio page which i truly like now for the cons i think there are 3 primary cons in regards to in my viewpoint clearly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself but ones to be familiar with the very first one i believe it is a little bit too easy to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it rather easy for people 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 really excellent which’s practically one of the primary reasons that i do utilize them so it’s not really something to worry about accidentally doing however i generally think that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know numerous people who’ve lost rather a great deal of cash um not on in fact but still trading cfds so i believe generally there must probably be a little bit more it’s going to say guideline but simply generally a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that comes 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 costs there are likewise loads of platforms that have much greater charges so swings and roundabouts actually it all depends on the big picture um they have a five dollar withdrawal cost is that actually that much perhaps if you’re continuously 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 getting like a thousand pounds at a time then does it actually matter probably not so just weigh that up um when you when you look at it there’s a few other costs on their fee page however usually the actual investing into stocks is commission free so when you’ve topped up you can do as many transactions as you want in regards to buying underlying properties without paying extra fees 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 individual stock just to see when i have actually 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 actually like to see all of the financial investments if possible and also i have actually still not actually found out the dividends and how that shows up so that potentially is like a little a 50 50 for me not quite sure yet to view this space that’s basically it if you are interested in giving them a go i do have a referral link down listed below that you can utilize and you do not even have to top up you can just utilize the virtual portfolio initially just to see what you think find out the platform and after that decide on whether you want to use it or not so i ‘d like to understand your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.