the agreement is in terms of our analysts saying to purchase to hold to sell the stock all the ratings where it’s originated from Saxo Bank Vs Etoro…
so i believe there’s a lot of curiosity about i do get a great deal of questions asking me about the platform so i believed i would do a quick video just taking you through the pros and cons the things that i think are great about the platform and the important things i believe are bad about the platform and after that you can make a decision on whether you want to try let’s jump straight in so the first big pro for me is the truth that they have expert ratings and research study i absolutely enjoy this it’s got an entire page for each of the stocks just telling you what analysts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it provides you the price 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 buying or selling and the expert deals as well so it just reveals you whether insiders have actually purchased the shares um over the last few months or not i believe this is definitely fantastic and displayed in a really simple format so for me this is a substantial plus for the platform a 2nd substantial 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 reduces your forex danger so in theory you might just top up a bigger quantity when the currency remains in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx fees each time that you make a deal whereas here that doesn’t happen you simply pay the fx cost
What is social trading?
when you top up and when you withdraw and transform back to your own currency this undoubtedly works finest 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 obviously this isn’t really something that beginners need to meddle however it does have that option for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually enter and talk with individuals comment on post see what individuals are publishing about each private stock almost have like discussions about it and you can in fact look at individuals’s portfolios so you can go 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 since you often get like alerts saying thus many people are speaking about tesla today like see all the posts
here and it’s truly cool simply to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have two choices i think 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 spoken about this prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s really cool and i think it’s a big plus of the platform due to the fact that they have actually got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my perspective is it’s simply got a truly great 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 great desktop version it looks really tidy easy to use i didn’t actually have any concerns with finding out what to do i like that for each stock you can enter 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 inform you all the news about that specific stock it’s truly cool and likewise your portfolio just looks clean and really great and actually has a great deal of data on the primary portfolio page which i truly like now for the cons i believe there are three main cons in regards to in my viewpoint plainly they’re not ones that have put me off utilizing the platform um you know i have actually done portfolio updates i utilize them myself but ones to be aware of the very first one i think it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated 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 just click a button and inadvertently open a cfd which is truly great which’s basically among the main reasons that i do use them so it’s not actually something to stress over accidentally doing however i normally think that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail investors i understand many individuals who’ve lost rather a great deal of money um not on really however still trading cfds so i think generally there must most likely be a bit more it’s going to say regulation but just typically a little bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that comes up a lot when i discuss is individuals complaining about the charges now yes whilst you might compare to specific platforms that have lower costs there are likewise loads of platforms that have much higher charges so roundabouts and swings actually all of it depends upon the big picture um they have a five dollar withdrawal cost is that actually that much maybe if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 just weigh that up um when you when you look at it there’s a few other fees on their fee page but generally the real investing into stocks is commission totally free so once you have actually topped up you can do as lots of deals as you desire in terms of purchasing underlying properties without paying extra costs and finally the last con from me is the portfolio history so i find it a bit hard to determine sort of what i have actually invested where i need to go into each private stock just 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 truly like to see all of the financial investments if possible and also i’ve still not really found 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 see this area that’s basically it if you have an interest in giving them a go i do have a referral link down below that you can utilize and you do not even need to top up you can simply use the virtual portfolio at first just to see what you believe learn the platform and after that make a decision on whether you wish to use it or not so i ‘d love to know your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.