the agreement is in terms of our analysts saying to buy to hold to offer the stock all the ratings where it’s come from Can I Make Money With 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 thought i would do a fast video simply taking you through the advantages and disadvantages the important things that i think are great about the platform and the important things i think are bad about the platform and then you can make a decision on whether you wish to give it a go let’s jump directly in so the first big pro for me is the fact that they have analyst scores and research study i definitely love this it’s got an entire page for each of the stocks simply informing you what experts are stating and doing 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 selling or buying and the expert transactions as well so it simply shows you whether insiders have bought the shares um over the last few months or not i believe this is definitely great and shown in a really easy format so for me this is a huge plus for the platform a second huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens 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 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 clearly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it gives you access not just to stocks but likewise to commodities and cryptocurrency clearly this isn’t actually something that newbies need to dabble in but it does have that option 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 actually go in and speak with people talk about post see what individuals are publishing about each specific stock practically have like discussions about it and you can really take a look at individuals’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the profits they have actually made and whatever it is very transparent and i think it’s actually great because you typically get like notices stating like so many individuals are discussing tesla right now like see all the posts
here and it’s actually cool just to see what individuals are believing the next pro of the platform is in my viewpoint the copy portfolios so they have two choices i believe i’ve discussed before you can either copy individual people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this prior to however 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 actually cool and i believe it’s a big plus of the platform because they’ve got loads of various styles of these portfolios um that you can choose from so that’s a big plus for me the final pro from my viewpoint is it’s just got an actually great layout control panel and the way it’s established so unlike the other platforms that i use at the moment they have an actually really great desktop version 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 enter and see everything in one location you understand you can click
on the chart you can click on the research 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 really nice and tidy and actually has a great deal of data on the primary portfolio page which i really like now for the cons i believe there are 3 primary cons in terms of in my opinion clearly they’re not ones that have put me off utilizing the platform um you understand i’ve done portfolio updates i utilize them myself but ones to be aware of the first one i think it is a bit too simple to trade cfds so due to the fact that the cfd platform and the normal trading platform are integrated into one it makes it quite simple for individuals 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 excellent which’s basically among the primary reasons that i do utilize them so it’s not really something to worry about accidentally doing but i usually believe that a great deal of the platforms that offer cfds should make it even harder to open cfds for retail financiers i know many individuals who’ve lost quite a lot of money um not on in fact but still trading cfds so i believe typically there ought to probably be a little bit more it’s going to say policy but just normally a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that shows up a lot when i discuss is individuals grumbling about the charges now yes whilst you might compare to particular platforms that have lower costs there are likewise loads of platforms that have much greater fees so roundabouts and swings truly all of it depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it actually matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other fees on their charge page but generally the real investing into stocks is commission totally free so once you’ve topped up you can do as lots of deals as you desire in terms of purchasing underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i find it a bit tough to figure out sort of what i have actually invested where i need to go into each individual stock simply to see when i’ve 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 truly like to see all of the financial investments if possible and also i’ve still not really figured out the dividends and how that shows up so that potentially resembles 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 giving them a go i do have a referral link down below that you can use and you do not even have to top up you can just use the virtual portfolio initially just to see what you believe find out the platform and then decide on whether you want to use 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 practically it for th.