the agreement is in terms of our experts saying to buy to hold to sell the stock all the rankings where it’s come from Trading 212 Vs Freetrade 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 excellent about the platform and the things i think are bad about the platform and then you can make a choice on whether or not you want to offer it a go let’s jump directly in so the first huge pro for me is the fact that they have analyst scores and research i definitely love this it’s got a whole page for each of the stocks simply informing 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 gives you the price 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 purchasing or offering and the insider deals as well so it just reveals you whether experts have bought the shares um over the last couple of months or not i think this is absolutely excellent and shown in a really easy format so for me this is a big plus for the platform a 2nd huge plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i think this reduces your foreign exchange risk so in theory you could simply top up a bigger amount when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx charges whenever that you make a deal whereas here that does not happen you just pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it offers you access not simply to stocks however also to commodities and cryptocurrency undoubtedly this isn’t actually something that novices should dabble in but it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and speak with individuals comment on post see what individuals are publishing about each individual 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 purchasing including the popular traders you can see the revenues they have actually made and whatever it is very transparent and i believe it’s really great due to the fact that you often get like notices saying like so many individuals are discussing tesla right now like see all the posts
here and it’s truly cool just to see what people are believing the next pro of the platform is in my viewpoint the copy portfolios so they have 2 options i believe 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 talked about this prior to however they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s actually cool and i think it’s a big plus of the platform since they’ve got loads of different themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my viewpoint is it’s simply got an actually great design control panel and the way it’s set up so unlike the other platforms that i use at the moment they have an actually truly great desktop version it looks really tidy easy to use i didn’t truly have any concerns with finding out what to do i like that for each stock you can enter and see everything in one place you understand you can click
on the chart you can click on the research study you can click the news and it will just inform you all the news about that specific stock it’s truly cool and also your portfolio just looks tidy and actually good and actually has a lot of information on the main portfolio page which i really like now for the cons i believe there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using 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 little bit too simple to trade cfds so due to the fact that the cfd platform and the regular trading platform are incorporated 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 simply click a button and mistakenly open a cfd which is actually great and that’s pretty much one of the primary reasons that i do use them so it’s not truly something to fret about accidentally doing however i normally believe that a lot of the platforms that offer cfds should make it even harder to open cfds for retail investors i understand numerous individuals who have actually lost rather a great deal of cash um not on actually but still trading cfds so i believe normally there must probably be a bit more it’s going to say policy however simply generally 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 turns up a lot when i talk about is individuals complaining about the costs now yes whilst you might compare to certain platforms that have lower costs there are also loads of platforms that have much greater costs so roundabouts and swings truly all of it depends on the big picture um they have a 5 dollar withdrawal charge is that really that much possibly if you’re constantly 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 only 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 take a look at it there’s a few other charges on their charge page however normally the actual investing into stocks is commission free so as soon as you have actually topped up you can do as lots of deals as you want in regards to buying underlying properties without paying extra costs and finally the last con from me is the portfolio history so i discover it a little bit difficult to figure out sort of what i have actually invested where i need to go into each specific stock just to see when i have actually invested into it and just 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 also i have actually still not actually determined 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 watch this space that’s pretty much it if you are interested in giving them 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 utilize the virtual portfolio at first simply to see what you think learn the platform and after that make a decision on whether you want to use it or not so i ‘d like to know your thoughts if you do try it out what you consider it and yeah that’s basically it for th.