the consensus is in terms of our analysts saying to purchase to hold to offer the stock all the rankings where it’s originated from Can I Buy Doge On Etoro…
so i think 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 important things that i think are good about the platform and the things i think are bad about the platform and then you can make a decision on whether you want to give it a go let’s dive directly in so the very first huge pro for me is the reality that they have analyst scores and research study i absolutely like this it’s got an entire page for each of the stocks just 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 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 purchasing or offering and the expert deals as well so it just reveals you whether insiders have actually purchased the shares um over the last couple of months or not i think this is definitely fantastic and shown in a really simple format so for me this is a substantial plus for the platform a 2nd substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i believe this decreases your forex danger so in theory you could just top up a bigger quantity when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a transaction whereas here that doesn’t happen you simply pay the fx charge
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when you top up and when you withdraw and convert back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it offers you gain access to not simply to stocks however also to commodities and cryptocurrency certainly this isn’t truly something that novices need to 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 literally go in and talk to individuals talk about post see what people are posting about each individual stock nearly have like discussions about it and you can actually take a look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they’ve made and everything it is extremely transparent and i believe it’s truly good since you typically get like notices stating like so many people are speaking about 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 opinion the copy portfolios so they have 2 choices i think i’ve 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 have actually talked about this before but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s truly cool and i think it’s a big plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the last pro from my viewpoint is it’s simply got a really nice layout dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a truly really nice desktop variation it looks really tidy easy to use i didn’t really have any issues with figuring out what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click on the research study you can click on the news and it will simply tell you all the news about that specific stock it’s really cool and also your portfolio simply looks truly nice and tidy and really has a great deal of data on the primary portfolio page which i really like now for the cons i believe there are 3 main cons in regards to in my opinion clearly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be knowledgeable about the first one i believe it is a bit too simple to trade cfds so because the cfd platform and the typical trading platform are integrated into one it makes it rather 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 accidentally open a cfd which is really good and that’s pretty much one of the primary reasons that i do use them so it’s not actually something to fret about unintentionally doing but i normally believe that a lot of the platforms that use cfds ought to make it even harder to open cfds for retail investors i understand quite a few individuals who’ve lost quite a great deal of money um not on actually but still trading cfds so i believe usually there need to probably be a bit more it’s going to state regulation but just usually a little more like a few more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that shows up a lot when i discuss is individuals complaining about the charges now yes whilst you might compare to certain platforms that have lower fees there are likewise loads of platforms that have much greater costs so roundabouts and swings actually it all depends upon the big picture um they have a five dollar withdrawal fee is that really that much maybe if you’re constantly withdrawing l.
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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 securing like a thousand pounds at a time then does it truly matter most likely not so simply weigh that up um when you when you look at it there’s a couple of other costs on their charge page but generally the actual investing into stocks is commission free so once you have actually topped up you can do as numerous transactions as you desire in regards to buying underlying possessions without paying additional charges and lastly the last con from me is the portfolio history so i find it a bit difficult to figure out sort of what i have actually invested where i need to go into each private stock just to see when i have actually invested into it and 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 have actually still not really 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 enjoy this area that’s pretty much it if you are interested in providing a go i do have a referral link down listed below that you can use and you do not even need to top up you can simply utilize the virtual portfolio initially just to see what you believe discover the platform and after that make a decision 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 consider it and yeah that’s practically it for th.