the consensus is in regards to our analysts saying to purchase to hold to offer the stock all the scores where it’s come from Etoro Which Has Daily Fees…
so i believe 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 fast video simply taking you through the pros and cons the things that i believe are good about the platform and the things i believe are bad about the platform and then you can decide on whether you want to give it a go let’s dive straight in so the first huge pro for me is the reality that they have expert rankings and research i definitely love this it’s got an entire page for each of the stocks simply informing you what analysts are stating and doing about the stock so you can see here for instance on johnson and johnson what it appears like it gives you the cost 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 purchasing and the expert deals as well so it simply reveals you whether insiders have purchased the shares um over the last couple of months or not i think this is definitely fantastic and displayed in a truly easy format so for me this is a substantial plus for the platform a second 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 just top up a larger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx charges each time that you make a deal whereas here that does not occur you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this certainly works best if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it gives you access not just to stocks but also to commodities and cryptocurrency clearly this isn’t really something that newbies ought to dabble in but it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and talk to people discuss post see what individuals are publishing about each individual stock practically have like discussions about it and you can actually 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 extremely transparent and i believe it’s truly excellent since you often get like alerts saying like so lots of people are discussing tesla right now like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have two choices i think i have actually mentioned 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 talked about this prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s actually cool and i think it’s a huge plus of the platform because they have actually got loads of different themes of these portfolios um that you can choose from so that’s a substantial plus for me the final pro from my perspective is it’s just got a really good design dashboard and the way it’s established so unlike the other platforms that i use at the moment they have an actually truly good desktop version it looks truly clean easy to use i didn’t truly have any issues with determining what to do i like that for each stock you can enter and see everything in one place you know you can click
on the chart you can click the research study you can click on the news and it will simply tell you all the news about that particular stock it’s actually cool and also your portfolio just looks clean and actually good and in fact has a great deal of information on the main portfolio page which i actually like now for the cons i think there are 3 primary cons in terms of in my opinion clearly 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 very first one i think it is a little bit too easy to trade cfds so since the cfd platform and the normal trading platform are incorporated into one it makes it rather simple for individuals 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 great which’s pretty much one of the primary factors that i do utilize them so it’s not really something to worry about unintentionally doing but i typically believe that a lot of the platforms that offer cfds must make it even harder to open cfds for retail investors i understand quite a few people who’ve lost quite a great deal of cash um not on actually but still trading cfds so i think normally there need to probably be a little bit more it’s going to say policy but just typically a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i talk about is individuals complaining about the charges now yes whilst you might compare to specific platforms that have lower costs there are also loads of platforms that have much higher fees so swings and roundabouts truly all of it depends upon the big picture um they have a 5 dollar withdrawal fee is that truly 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 only going to be securing 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 costs on their fee page however normally the real investing into stocks is commission free so once you have actually topped up you can do as numerous transactions as you want in regards to purchasing 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 determine sort of what i have actually invested where i need to go into each specific stock just 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 truly like to see all of the investments if possible and also i’ve still not really figured out the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to enjoy 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 do not even need to top up you can just use the virtual portfolio at first just to see what you believe discover the platform and after that make a decision on whether you want to utilize it or not so i ‘d like to know your ideas if you do try it out what you think about it and yeah that’s basically it for th.