the consensus is in terms of our analysts stating to buy to hold to sell the stock all the rankings where it’s come from Etoro Spread Fees…
so i think there’s a lot of curiosity about i do get a lot of questions 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 think are good about the platform and the important things i believe are bad about the platform and after that you can decide on whether or not you want to try let’s dive directly in so the very first big pro for me is the reality that they have expert ratings and research i definitely love this it’s got a whole page for each of the stocks simply telling you what analysts are doing and stating about the stock so you can see here for instance on johnson and johnson what it looks like it gives 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 purchasing and the expert transactions also so it simply reveals you whether experts have actually purchased the shares um over the last couple of months or not i believe this is absolutely great and shown in an actually simple format so for me this is a big plus for the platform a second huge plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i believe this decreases your forex risk so in theory you might simply top up a larger amount when the currency is in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx costs every time that you make a transaction whereas here that doesn’t occur you just pay the fx cost
What is social trading?
when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it gives you access not just to stocks however likewise to products and cryptocurrency obviously this isn’t really something that newbies need to meddle however it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk with people discuss post see what people are posting about each specific stock practically have like discussions about it and you can actually take a look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the revenues they’ve made and whatever it is extremely transparent and i think it’s actually great due to the fact that you often get like alerts saying thus many individuals are discussing tesla today like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 choices i think i’ve pointed out before you can either copy private 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 prior to however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i believe it’s a substantial plus of the platform because they’ve got loads of different themes of these portfolios um that you can pick from so that’s a substantial plus for me the last pro from my perspective is it’s just got an actually nice layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a truly actually nice desktop variation it looks actually clean easy to use i didn’t truly have any issues with determining what to do i like that for each stock you can enter and see everything in one location you understand you can click
on the chart you can click on the research you can click the news and it will just tell you all the news about that particular stock it’s really cool and likewise your portfolio just looks actually great and tidy and really has a great deal of information on the main portfolio page which i actually like now for the cons i believe there are 3 main cons in regards to in my viewpoint plainly they’re not ones that have actually put me off utilizing the platform um you know i’ve done portfolio updates i use them myself but ones to be aware of the first one i think it is a little bit too easy to trade cfds so because the cfd platform and the typical trading platform are incorporated into one it makes it quite easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can just click a button and unintentionally open a cfd which is really excellent and that’s basically one of the primary factors that i do use them so it’s not really something to fret about unintentionally doing but i typically think that a lot of the platforms that offer cfds must make it even harder to open cfds for retail financiers i understand several people who’ve lost rather a great deal of cash um not on in fact but still trading cfds so i believe usually there should most likely be a little bit more it’s going to state guideline but simply usually a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that shows up a lot when i talk about is individuals complaining about the costs now yes whilst you may compare to specific platforms that have lower costs there are also loads of platforms that have much greater charges so swings and roundabouts truly it all depends upon the big picture um they have a five dollar withdrawal charge is that actually that much possibly 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 getting 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 couple of other costs on their cost page however normally the real investing into stocks is commission totally free so when you have actually topped up you can do as numerous transactions as you desire in regards to purchasing underlying assets without paying additional costs and finally the last con from me is the portfolio history so i discover it a bit challenging to determine sort of what i’ve invested where i have to go into each specific 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 investments if possible and likewise i’ve still not truly determined 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 basically it if you are interested in providing a go i do have a recommendation link down listed below that you can utilize and you do not even need to top up you can just utilize the virtual portfolio initially simply to see what you think learn the platform and then 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 pretty much it for th.