the consensus remains in regards to our analysts stating to purchase to hold to offer the stock all the ratings where it’s come from Robinhood Vs Etoro Fees…
so i believe there’s a lot of interest about i do get a great deal of questions asking me about the platform so i thought i would do a fast video just taking you through the pros and cons the important things that i believe are good about the platform and the things i think are bad about the platform and then you can decide on whether you want to try let’s dive straight in so the first big pro for me is the reality that they have expert ratings and research study i absolutely love this it’s got an entire page for each of the stocks simply informing you what analysts are doing and stating about the stock so you can see here for instance on johnson and johnson what it appears like it offers you the rate 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 also so it simply shows you whether insiders have bought the shares um over the last few months or not i think this is absolutely excellent and shown in a really simple format so for me this is a huge plus for the platform a second substantial plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i think this decreases your forex risk so in theory you might just top up a bigger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you have to pay the fx fees whenever that you make a transaction whereas here that does not occur you simply pay the fx fee
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 gain access to not simply to stocks but likewise to commodities and cryptocurrency certainly this isn’t actually something that newbies must dabble in however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and speak with people discuss post see what people are publishing about each individual stock almost have like conversations about it and you can really take a look at individuals’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 profits they have actually made and whatever it is very transparent and i think it’s actually excellent because you typically get like notifications stating thus many individuals are discussing tesla right now like see all the posts
here and it’s really cool just to see what people are believing the next pro of the platform is in my viewpoint the copy portfolios so they have two options i believe i’ve discussed before you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve discussed this prior to however 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 since they’ve got loads of various themes of these portfolios um that you can select from so that’s a big plus for me the final pro from my perspective is it’s simply got a really good design control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a truly really good desktop variation it looks actually clean easy to use i didn’t really have any issues with figuring out 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 you can click on the news and it will simply tell you all the news about that specific stock it’s really cool and also your portfolio simply looks tidy and really great and really has a great deal of data on the primary portfolio page which i really like now for the cons i believe there are three primary cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself however ones to be knowledgeable about the very first one i think it is a little bit too easy to trade cfds so because the cfd platform and the normal trading platform are integrated 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 inadvertently open a cfd which is really good and that’s practically among the main factors that i do utilize them so it’s not actually something to worry about accidentally doing but i typically believe that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail financiers i know numerous individuals who have actually lost quite a great deal of cash um not on in fact but still trading cfds so i believe usually there ought to most likely be a little bit more it’s going to say guideline however just generally a little more like a few more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that turns up a lot when i discuss is individuals grumbling about the costs now yes whilst you may compare to certain platforms that have lower charges there are also loads of platforms that have much greater charges so swings and roundabouts really everything depends upon the big picture um they have a 5 dollar withdrawal charge is that really that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re only going to be taking out 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 couple of other charges on their fee page however typically the real investing into stocks is commission complimentary so once you have actually topped up you can do as numerous transactions as you desire in regards to buying underlying possessions without paying extra fees and lastly the last con from me is the portfolio history so i find it a bit hard to find out sort of what i have actually invested where i need to go into each individual stock simply to see when i have actually 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’ve still not truly found out the dividends and how that appears so that potentially is like a little bit of a 50 50 for me not quite sure yet to view this area that’s basically it if you have an interest 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 simply use the virtual portfolio initially simply to see what you think discover the platform and then decide 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 think about it and yeah that’s pretty much it for th.