the consensus is in terms of our experts stating to purchase to hold to offer the stock all the scores where it’s come from Tradingview Vs Etoro…
I believe there’s a lot of interest about i do get a lot of questions 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 good 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 dive straight in so the very first big pro for me is the truth that they have expert scores and research i absolutely love this it’s got an entire page for each of the stocks simply informing you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it offers 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 offering or buying and the expert transactions too so it just reveals you whether insiders have actually bought the shares um over the last couple of months or not i think this is absolutely excellent and shown in an actually easy format so for me this is a huge plus for the platform a second huge plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i think this minimizes your foreign exchange threat so in theory you could just top up a larger amount when the currency remains in your favor and simply hold the money waiting to invest it for a great deal of the platforms you need to pay the fx charges whenever that you make a transaction whereas here that does not happen you simply pay the fx fee
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when you top up and when you withdraw and transform back to your own currency this obviously works finest if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it offers you gain access to not just to stocks but likewise to commodities and cryptocurrency obviously this isn’t really something that novices need to dabble in however it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and speak to individuals discuss post see what people are posting about each individual stock almost have like conversations about it and you can actually take a look at people’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 revenues they have actually made and everything it is very transparent and i believe it’s truly excellent due to the fact that you typically get like notifications saying thus many individuals are discussing tesla today like see all the posts
here and it’s actually cool simply to see what individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two choices i think i have actually discussed 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’ve spoken about this prior to however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a big plus of the platform because they’ve got loads of different themes of these portfolios um that you can choose from so that’s a huge plus for me the last pro from my perspective is it’s simply got a really nice design dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a truly truly great desktop version it looks really tidy easy to use i didn’t actually have any issues with determining what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click on the research study you can click the news and it will simply inform you all the news about that particular stock it’s really cool and also your portfolio just looks tidy and actually good and in fact has a great deal of information on the main portfolio page which i really like now for the cons i think there are three primary cons in terms of in my opinion 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 aware of the very first one i think it is a bit too simple to trade cfds so due to the fact that the cfd platform and the typical trading platform are integrated into one it makes it quite easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and inadvertently open a cfd which is really great and that’s basically one of the main reasons that i do utilize them so it’s not really something to stress over unintentionally doing but i generally believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i understand several individuals who’ve lost rather a lot of money um not on really but still trading cfds so i think generally there should most likely be a bit more it’s going to say guideline however simply usually a bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i talk about is people grumbling about the fees now yes whilst you might compare to particular platforms that have lower fees there are also loads of platforms that have much greater fees so swings and roundabouts actually it all depends upon the big picture um they have a five dollar withdrawal cost is that really that much maybe if you’re continuously 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 just going to be getting like a thousand pounds at a time then does it truly matter probably not so just weigh that up um when you when you take a look at it there’s a few other fees on their charge page however usually the real investing into stocks is commission complimentary so as soon as you have actually topped up you can do as many transactions as you desire in terms of purchasing underlying assets without paying additional charges and lastly the last con from me is the portfolio history so i discover it a bit hard to figure out sort of what i have actually invested where i need 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 truly like to see all of the financial investments if possible and also i have actually still not really found out the dividends and how that shows up so that potentially resembles a little a 50 50 for me not quite sure yet to watch this area that’s pretty much it if you are interested in providing a go i do have a recommendation link down listed below that you can utilize and you don’t even need to top up you can simply use the virtual portfolio at first simply to see what you believe discover the platform and after that decide on whether you want to use it or not so i ‘d love to know your thoughts if you do try it out what you think about it and yeah that’s basically it for th.