the consensus remains in terms of our experts stating to buy to hold to sell the stock all the ratings where it’s come from Are Etoro Stocks Real…
I think 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 fast video just taking you through the pros and cons the things that i think are good about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you want to provide it a go let’s jump directly in so the very first huge pro for me is the fact that they have expert ratings and research i absolutely like this it’s got an entire page for each of the stocks simply 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 rate 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 buying or offering and the insider transactions as well so it just shows you whether experts have actually purchased the shares um over the last few months or not i believe this is absolutely terrific and displayed in a really easy format so for me this is a big plus for the platform a 2nd big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this minimizes your foreign exchange risk so in theory you might simply top up a larger quantity when the currency remains in your favor and simply hold the money waiting to invest it for a great deal of the platforms you have to pay the fx costs whenever that you make a deal whereas here that doesn’t occur you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this certainly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it provides you access not simply to stocks but also to products and cryptocurrency obviously this isn’t actually something that beginners must meddle however 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 talk to people comment on post see what individuals are posting about each private stock almost have like conversations about it and you can really look at individuals’s portfolios so you can enter into anybody’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 whatever it is very transparent and i think it’s truly great because you typically get like notices stating like so many individuals are speaking about tesla right now like see all the posts
here and it’s actually cool just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 choices i believe i’ve mentioned before you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve discussed this prior to but they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s really cool and i believe it’s a substantial 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 substantial plus for me the last pro from my point of view is it’s just got a truly nice design dashboard and the way it’s established so unlike the other platforms that i use at the moment they have a really really nice desktop variation it looks really clean easy to use i didn’t truly have any concerns with determining 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 on the research you can click on the news and it will just inform you all the news about that particular stock it’s really cool and likewise your portfolio just looks really great and clean and actually has a lot of information on the main portfolio page which i really like now for the cons i think there are 3 main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i utilize them myself however ones to be aware of the very first one i think it is a bit too easy to trade cfds so because the cfd platform and the typical trading platform are incorporated into one it makes it rather easy 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 actually good and that’s practically one of the main reasons that i do utilize them so it’s not actually something to worry about accidentally doing however i typically think that a great deal of the platforms that use cfds should make it even harder to open cfds for retail investors i know several people who’ve lost rather a great deal of cash um not on really however still trading cfds so i think typically there should most likely be a little bit more it’s going to say policy however just typically a little bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that turns up a lot when i talk about is individuals grumbling about the charges now yes whilst you might compare to specific platforms that have lower fees there are likewise loads of platforms that have much higher costs so swings and roundabouts truly it all depends upon the big picture um they have a 5 dollar withdrawal cost is that really that much maybe if you’re constantly 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 only going to be securing like a thousand pounds at a time then does it actually 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 when you have actually topped up you can do as numerous transactions as you desire in regards to purchasing underlying possessions without paying extra charges and lastly the last con from me is the portfolio history so i discover it a little bit tough to determine sort of what i’ve invested where i have to go into each specific stock simply 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 truly like to see all of the financial investments if possible and likewise i’ve still not truly determined the dividends and how that shows up so that potentially is like a bit of a 50 50 for me not quite sure yet to view this area that’s pretty much it if you are interested in providing a go i do have a referral link down below that you can use and you don’t even need to top up you can just utilize the virtual portfolio at first just to see what you believe learn the platform and then make a decision on whether you want to use it or not so i ‘d love to understand your ideas if you do try it out what you think about it and yeah that’s practically it for th.