the consensus remains in terms of our analysts saying to purchase to hold to sell the stock all the scores where it’s come from Robinhood Vs Etoro…
I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i believed i would do a fast video simply taking you through the pros and cons the things that i believe are great 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 want to provide it a go let’s jump directly in so the first big pro for me is the truth that they have expert rankings and research study i absolutely like this it’s got a whole page for each of the stocks simply telling you what experts 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 cost targets that they think 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 simply shows you whether insiders have bought the shares um over the last couple of months or not i believe this is definitely excellent and shown in an actually easy format so for me this is a big plus for the platform a second huge plus for me is the truth 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 could just top up a bigger quantity when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs whenever that you make a transaction whereas here that does not happen you just pay the fx cost
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 access not simply to stocks however likewise to products and cryptocurrency obviously this isn’t truly something that novices ought to meddle however it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and speak with individuals talk about post see what individuals are posting about each specific stock nearly have like discussions about it and you can really look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the revenues they have actually made and whatever it is extremely transparent and i believe it’s actually good because you typically get like notices saying like so many individuals are speaking about tesla today like see all the posts
here and it’s really cool just to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i believe i have actually discussed prior to you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this before however they have a renewable energy 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 substantial plus of the platform since they’ve got loads of different styles of these portfolios um that you can select from so that’s a huge plus for me the final pro from my perspective is it’s just got a truly good layout dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a truly actually good desktop version it looks really tidy easy to use i didn’t truly have any concerns with figuring out what to do i like that for each stock you can go in and see whatever in one location you know you can click
on the chart you can click on the research you can click the news and it will just tell you all the news about that specific stock it’s actually cool and likewise your portfolio just looks actually good and clean and in fact has a lot of information on the main portfolio page which i actually like now for the cons i believe there are three primary cons in regards to in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you understand i have actually done portfolio updates i use them myself but ones to be aware of the very first one i believe it is a little bit too simple to trade cfds so since the cfd platform and the normal trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is truly excellent which’s pretty much among the main reasons that i do use them so it’s not really something to stress over inadvertently doing however i usually believe that a lot of the platforms that provide cfds must make it even harder to open cfds for retail financiers i know many people who’ve lost quite a lot of money um not on in fact however still trading cfds so i think typically there should probably be a little bit more it’s going to say guideline but simply 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 fees so this is something that comes up a lot when i speak about is people grumbling about the fees now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much higher costs so swings and roundabouts actually all of it depends upon the big picture um they have a 5 dollar withdrawal cost is that actually that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 truly matter most likely not so just weigh that up um when you when you take a look at it there’s a couple of other costs on their charge page however generally the real investing into stocks is commission totally free so once you’ve topped up you can do as numerous transactions as you desire in regards to buying underlying possessions without paying additional costs and finally the last con from me is the portfolio history so i discover it a bit hard to find out sort of what i have actually invested where i have to go into each individual stock just to see when i’ve invested into it and just how much rather than 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 have actually still not truly figured out the dividends and how that shows up so that possibly resembles a little bit of a 50 50 for me not quite sure yet to see this area that’s practically it if you are interested in giving them a go i do have a referral link down listed below that you can use and you do not even have to top up you can just utilize the virtual portfolio at first just to see what you think find out the platform and after that make a decision on whether you wish to use it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.