the consensus remains in terms of our experts saying to purchase to hold to offer the stock all the ratings where it’s come from Can I Deposit Crypto To Etoro…
so i think there’s a great deal of interest about i do get a lot of questions asking me about the platform so i thought i would do a fast video just taking you through the advantages and disadvantages the things that i think are great about the platform and the things i think are bad about the platform and after that you can decide on whether or not you want to give it a go let’s jump directly in so the first big pro for me is the reality that they have analyst scores and research study i absolutely enjoy this it’s got a whole page for each of the stocks simply telling you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers you the cost 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 buying or selling and the insider transactions also so it just reveals you whether experts have actually purchased the shares um over the last few months or not i believe this is definitely terrific and shown in an actually easy format so for me this is a huge plus for the platform a 2nd big plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective however i think this minimizes your foreign exchange risk so in theory you might just 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 need to pay the fx fees every time that you make a deal whereas here that does not occur 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 obviously works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it gives you gain access to not just to stocks however likewise to products and cryptocurrency certainly this isn’t truly something that beginners should meddle however it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually go in and speak with individuals talk about post see what people are posting about each individual stock almost have like conversations about it and you can really take a look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the profits they have actually made and whatever it is extremely transparent and i believe it’s actually good since you typically get like notices saying thus lots of people are speaking about tesla today like see all the posts
here and it’s truly cool simply to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 alternatives i believe i’ve mentioned 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 talked about this before but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s truly cool and i believe it’s a substantial plus of the platform due to the fact that they have actually 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 viewpoint is it’s just got an actually great design control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a truly truly nice desktop variation it looks actually 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 the research study you can click the news and it will simply inform you all the news about that particular stock it’s truly cool and also your portfolio simply looks truly great and clean and really has a lot of information on the main portfolio page which i truly like now for the cons i think there are 3 main cons in regards to in my viewpoint plainly they’re not ones that have put me off using the platform um you know i have actually done portfolio updates i use them myself however ones to be knowledgeable about the very first one i believe 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 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 unintentionally open a cfd which is really great which’s pretty much one of the primary reasons that i do use them so it’s not truly something to stress over accidentally doing but i normally think that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i know quite a few people who’ve lost rather a lot of money um not on in fact however still trading cfds so i believe normally there should most likely be a bit more it’s going to state regulation but simply generally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that turns up a lot when i talk about is people grumbling about the charges now yes whilst you may compare to particular platforms that have lower fees there are also loads of platforms that have much greater costs so roundabouts and swings truly all of it depends upon the big picture um they have a five dollar withdrawal charge is that actually that much perhaps if you’re continuously withdrawing l.
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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 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 usually the real investing into stocks is commission totally free so as soon as you’ve topped up you can do as many transactions as you want in regards to purchasing underlying properties without paying additional costs and finally the last con from me is the portfolio history so i find it a little bit challenging to find out sort of what i have actually invested where i have to go into each private stock simply to see when i’ve invested into it and 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 financial investments if possible and also i have actually still not actually figured out the dividends and how that appears so that potentially resembles a bit of a 50 50 for me not quite sure yet to enjoy this space that’s pretty much it if you are interested in providing a go i do have a recommendation link down below that you can utilize and you don’t even need to top up you can just use the virtual portfolio at first just to see what you think learn the platform and then make a decision on whether you wish to utilize it or not so i ‘d like to know your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.