the agreement remains in regards to our analysts saying to purchase to hold to offer the stock all the ratings where it’s originated from Trading 212 Vs Etoro Vs Freetrade…
so i believe there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i thought i would do a quick video just taking you through the pros and cons the important things that i believe are great about the platform and the important things i believe are bad about the platform and then you can decide on whether you wish to give it a go let’s jump directly in so the first big pro for me is the fact that they have expert scores and research i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it appears 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 offering or buying and the insider transactions also so it simply shows you whether insiders have purchased the shares um over the last couple of months or not i think this is absolutely fantastic and shown in a really easy format so for me this is a huge plus for the platform a second huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i think this minimizes your forex threat so in theory you could just top up a bigger amount when the currency is 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 whenever that you make a transaction whereas here that doesn’t 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 finest if you invest a lot into u.s stocks the 3rd 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 really something that newbies must meddle but it does have that option 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 individuals discuss post see what people are posting about each private stock almost have like discussions about it and you can actually take a look at people’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are purchasing including the popular traders you can see the revenues they have actually made and everything it is very transparent and i believe it’s really excellent because you often get like notices saying thus lots of people are discussing tesla right now like see all the posts
here and it’s really cool simply to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have two alternatives i believe i’ve 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 have actually spoken about this before but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform because they have actually got loads of different styles of these portfolios um that you can choose from so that’s a substantial plus for me the last pro from my viewpoint is it’s simply got an actually great layout control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually really nice desktop version it looks really tidy easy to use i didn’t really have any problems with finding out what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click the research you can click the news and it will just inform you all the news about that particular stock it’s actually cool and likewise your portfolio simply looks tidy and truly good and actually has a great deal of information on the primary portfolio page which i actually like now for the cons i think there are three main cons in terms of in my opinion plainly 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 however ones to be familiar with the first one i believe it is a bit too simple 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 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 actually excellent and that’s basically among the main reasons that i do utilize them so it’s not really something to worry about accidentally doing however i usually think that a great deal of the platforms that offer cfds should make it even harder to open cfds for retail financiers i know numerous people who have actually lost rather a great deal of money um not on in fact but still trading cfds so i believe usually there ought to probably be a bit more it’s going to say guideline however simply typically a little 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 talk about is people grumbling about the charges now yes whilst you may compare to specific platforms that have lower charges there are likewise loads of platforms that have much greater charges so roundabouts and swings truly everything depends on the big picture um they have a five dollar withdrawal fee is that truly that much maybe if you’re continuously 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 taking out like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you take a look at it there’s a few other costs on their cost page but typically the actual investing into stocks is commission totally free so once you have actually topped up you can do as lots of deals as you want in terms of purchasing underlying assets without paying additional charges and finally the last con from me is the portfolio history so i find it a little bit difficult to figure out sort of what i’ve 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 financial investments if possible and also i’ve still not really determined the dividends and how that appears so that potentially is like a 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 don’t even need to top up you can just utilize the virtual portfolio at first just to see what you believe discover the platform and then make a decision on whether you want to utilize it or not so i ‘d like to know your thoughts if you do try it out what you think of it and yeah that’s basically it for th.