the consensus remains in regards to our experts stating to purchase to hold to offer the stock all the rankings where it’s come from Iq Option Vs Etoro…
I believe 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 quick video simply taking you through the pros and cons the things that i think are good 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 desire to offer it a go let’s dive straight in so the very first huge pro for me is the reality that they have analyst scores and research study i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what experts are stating and doing 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 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 deals as well so it just reveals you whether insiders have actually bought the shares um over the last couple of months or not i think this is absolutely terrific and displayed in a really easy format so for me this is a huge plus for the platform a 2nd big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i believe this lessens your forex risk so in theory you could simply top up a larger quantity when the currency is in your favor and simply hold the money waiting to invest it for a great deal of the platforms you have to pay the fx costs each time that you make a transaction whereas here that does not happen you just pay the fx cost
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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 3rd huge pro of the platform in my viewpoint is that it offers you access not just to stocks but likewise to commodities and cryptocurrency clearly this isn’t truly something that beginners need to meddle however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk with individuals discuss post see what people are posting about each specific stock practically have like conversations about it and you can actually look at individuals’s portfolios so you can enter into anyone’s profile click 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 really great due to the fact that you often get like alerts saying thus many individuals are talking about tesla today like see all the posts
here and it’s actually cool just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i believe i have actually discussed 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’ve talked about this prior to however they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s truly cool and i believe it’s a huge plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can choose from so that’s a substantial plus for me the last pro from my point of view is it’s just got a truly nice layout control panel and the way it’s set up so unlike the other platforms that i usage at the moment they have a truly actually nice desktop variation it looks truly tidy easy to use i didn’t actually have any concerns with figuring out what to do i like that for each stock you can enter and see whatever in one location you understand you can click
on the chart you can click the research you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and likewise your portfolio simply looks actually great and tidy and in fact has a lot of information on the primary portfolio page which i truly like now for the cons i believe there are 3 primary cons in terms of in my viewpoint clearly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i utilize them myself but ones to be aware of the first one i think it is a bit too simple to trade cfds so because the cfd platform and the normal trading platform are integrated into one it makes it quite simple for individuals to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and accidentally open a cfd which is truly excellent and that’s basically one of the main factors that i do use them so it’s not really something to stress over mistakenly doing but i normally believe that a great deal of the platforms that use cfds ought to make it even harder to open cfds for retail investors i know many individuals who’ve lost quite a great deal of money um not on in fact but still trading cfds so i think typically there ought to most likely be a bit more it’s going to state regulation however just usually a little 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 comes up a lot when i speak about is people grumbling about the costs now yes whilst you might compare to specific platforms that have lower costs there are also loads of platforms that have much greater costs so roundabouts and swings actually everything depends upon the big picture um they have a five dollar withdrawal cost is that truly that much possibly if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it actually matter most likely not so simply weigh that up um when you when you look at it there’s a few other costs on their fee page but normally the real investing into stocks is commission totally free so once you have actually topped up you can do as numerous deals as you desire in regards to purchasing underlying assets without paying additional costs and finally the last con from me is the portfolio history so i find it a bit difficult to find out sort of what i’ve invested where i need to go into each private stock just to see when i’ve 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 really like to see all of the investments if possible and likewise i’ve still not truly determined 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 space that’s basically it if you have an interest 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 discover the platform and after that decide on whether you want to utilize it or not so i ‘d enjoy to know your ideas if you do try it out what you think of it and yeah that’s pretty much it for th.