the agreement is in terms of our analysts saying to buy to hold to sell the stock all the scores where it’s originated from Filling In The Cgt For Etoro Uk…
so i think there’s a great deal of curiosity about i do get a great deal of concerns asking me about the platform so i thought i would do a fast video simply taking you through the benefits and drawbacks the important things that i believe are good about the platform and the important things i think are bad about the platform and after that you can make a decision on whether or not you want to try let’s dive straight in so the first huge pro for me is the reality that they have expert scores and research i absolutely love this it’s got a whole page for each of the stocks just informing you what analysts are stating and doing about the stock so you can see here for instance on johnson and johnson what it looks like it provides 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 selling or purchasing and the insider transactions as well so it simply reveals you whether insiders have actually bought the shares um over the last couple of months or not i believe this is definitely fantastic and displayed in an actually simple format so for me this is a huge plus for the platform a second big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your foreign exchange threat so in theory you could simply top up a larger quantity when the currency remains in your favor and just 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 happen you just pay the fx charge
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when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you gain access to not just to stocks but likewise to commodities and cryptocurrency clearly this isn’t really something that beginners must meddle but it does have that option for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually go in and talk to people comment on post see what people are posting about each private stock nearly have like discussions about it and you can in fact look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the revenues they’ve made and whatever it is very transparent and i think it’s really excellent since you frequently get like notices stating like so many people are talking about tesla right now like see all the posts
here and it’s truly 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 options i believe i’ve pointed out 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 discussed this prior to however they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform because they have actually got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the final pro from my perspective is it’s simply got a really good design control panel and the way it’s set up so unlike the other platforms that i use at the moment they have a really really good desktop version it looks really tidy easy to use i didn’t truly have any problems with finding out what to do i like that for each stock you can enter and see everything in one place you understand you can click
on the chart you can click the research you can click on the news and it will simply tell you all the news about that particular stock it’s really cool and also your portfolio simply looks clean and really good and really has a lot of information on the main portfolio page which i really like now for the cons i think there are three main cons in regards to in my opinion plainly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of the very first one i believe it is a bit too simple to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it quite easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and inadvertently open a cfd which is truly good and that’s pretty much one of the primary reasons that i do use them so it’s not actually something to worry about unintentionally doing however i normally believe that a lot of the platforms that offer cfds should make it even harder to open cfds for retail investors i know quite a few people who have actually lost rather a lot of money um not on really but still trading cfds so i believe generally there should probably be a little bit more it’s going to say policy however just generally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that shows up a lot when i speak about is individuals grumbling about the fees now yes whilst you may compare to certain platforms that have lower fees there are also loads of platforms that have much higher fees so roundabouts and swings actually all of it depends upon the big picture um they have a five dollar withdrawal charge is that really that much maybe if you’re constantly withdrawing l.
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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 just weigh that up um when you when you take a look at it there’s a few other charges on their charge page but typically the real investing into stocks is commission totally free so as soon as you have actually topped up you can do as many transactions as you desire in regards to buying underlying possessions without paying extra charges and finally the last con from me is the portfolio history so i find it a little bit challenging to determine sort of what i have actually invested where i have to go into each individual stock just to see when i have actually 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 really like to see all of the financial investments if possible and likewise i’ve still not really figured out the dividends and how that appears so that possibly is like a little bit of a 50 50 for me not quite sure yet to enjoy this space that’s basically it if you have an interest in giving them a go i do have a recommendation link down below that you can utilize and you do not even need to top up you can just use the virtual portfolio initially simply to see what you think learn the platform and after that decide on whether you wish to use it or not so i ‘d like to know your ideas if you do try it out what you think of it and yeah that’s basically it for th.