the agreement remains in regards to our experts stating to buy to hold to offer the stock all the rankings where it’s come from Etoro Vs Tradestation…
I think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a fast video just 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 dive directly in so the first huge 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 simply informing you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers you the rate 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 offering or buying and the insider transactions too so it just reveals you whether experts have bought the shares um over the last few months or not i think this is definitely excellent and shown in a truly simple format so for me this is a huge plus for the platform a second huge 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 lessens your forex threat so in theory you could just top up a bigger amount when the currency is in your favor and just hold the money waiting to invest it for a great deal of the platforms you have to pay the fx charges whenever that you make a transaction whereas here that doesn’t happen you just pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it provides you gain access to not just to stocks however also to products and cryptocurrency certainly this isn’t actually something that newbies need to meddle however it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally enter and speak with people comment on post see what individuals are publishing about each private stock practically have like discussions about it and you can actually take a look at individuals’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and everything it is really transparent and i believe it’s really good because you often get like alerts stating like so lots of people are speaking about tesla right now like see all the posts
here and it’s truly cool just to see what individuals are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 choices i think i have actually mentioned 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 have actually discussed this prior to but they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i think it’s a substantial plus of the platform since they have actually got loads of different styles 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 nice design control panel and the method it’s established so unlike the other platforms that i use at the moment they have a truly really nice desktop variation it looks actually clean easy to use i didn’t actually have any problems with determining what to do i like that for each stock you can go in and see everything in one place you know you can click
on the chart you can click on the research study you can click the news and it will just tell you all the news about that particular stock it’s actually cool and also your portfolio simply looks really good and tidy and in fact has a great deal of data on the primary portfolio page which i really like now for the cons i think there are three primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i use them myself however ones to be knowledgeable about the first one i think it is a bit too simple to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it rather easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and unintentionally open a cfd which is truly good which’s basically one of the primary factors that i do use them so it’s not really something to fret about inadvertently doing but i generally believe that a great deal of the platforms that use cfds need to make it even harder to open cfds for retail investors i understand many individuals who have actually lost rather a lot of cash um not on in fact however still trading cfds so i think usually there must probably be a bit more it’s going to say regulation but simply normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that turns up a lot when i discuss is people complaining about the costs now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much greater fees so swings and roundabouts really it all depends upon the big picture um they have a five dollar withdrawal fee is that truly 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 just going to be getting like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you look at it there’s a few other charges on their fee page but usually the real investing into stocks is commission free so once you have actually topped up you can do as lots of transactions as you desire in regards to buying underlying properties without paying extra fees and lastly the last con from me is the portfolio history so i find it a bit tough to determine sort of what i have actually invested where i need to go into each private stock simply 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 likewise i have actually still not truly determined the dividends and how that shows up so that potentially is like a little bit of a 50 50 for me not quite sure yet to watch this area that’s practically 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 just use the virtual portfolio initially just to see what you think learn the platform and then decide on whether you wish to use it or not so i ‘d enjoy to understand your thoughts if you do try it out what you think about it and yeah that’s practically it for th.