the agreement remains in terms of our experts saying to buy to hold to offer the stock all the ratings where it’s come from Can I Short Crypto On 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 believed i would do a quick video just taking you through the pros and cons the important things that i think are excellent about the platform and the important things i think are bad about the platform and after that you can decide on whether you want to give it a go let’s dive directly in so the very first big pro for me is the truth that they have expert scores and research study i definitely like 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 provides you the price 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 selling or purchasing and the expert transactions also so it simply shows you whether experts have actually purchased the shares um over the last couple of months or not i think this is absolutely excellent and displayed in a truly easy format so for me this is a substantial plus for the platform a 2nd substantial plus for me is the reality 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 could just top up a bigger quantity when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges each time that you make a deal whereas here that does not happen you just pay the fx charge
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 huge pro of the platform in my viewpoint is that it gives you access not simply to stocks however also to products and cryptocurrency undoubtedly this isn’t truly something that newbies ought to dabble in however it does have that option for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally enter and talk to people comment on post see what individuals are posting about each private stock practically have like discussions about it and you can actually look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the profits they’ve made and whatever it is very transparent and i believe it’s really excellent because you frequently get like notifications saying like so many people are speaking about tesla right now like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 options i believe i have actually pointed out before you can either copy private 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 energy portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i think it’s a big plus of the platform since they’ve got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the final pro from my point of view is it’s just got a truly good design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly truly great desktop version it looks really clean easy to use i didn’t actually have any issues with finding out what to do i like that for each stock you can enter and see everything in one place you know you can click
on the chart you can click the research you can click the news and it will simply tell you all the news about that particular stock it’s really cool and likewise your portfolio simply looks truly great and tidy and actually has a great deal of data on the primary portfolio page which i really like now for the cons i think there are three main cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you know i have actually done portfolio updates i utilize them myself but ones to be aware of the first one i think it is a bit too easy to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite simple 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 truly excellent which’s pretty much among the main reasons that i do use them so it’s not truly something to fret about inadvertently doing but i generally believe that a lot of the platforms that provide cfds should make it even harder to open cfds for retail financiers i understand several people who’ve lost quite a great deal of cash um not on actually however still trading cfds so i think normally there must most likely be a little bit more it’s going to say guideline but simply normally a little more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i discuss is people complaining about the charges now yes whilst you may compare to certain platforms that have lower costs there are also loads of platforms that have much higher charges so swings and roundabouts actually all of it depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much perhaps if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly 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 few other fees on their fee page but typically the real investing into stocks is commission totally free so once you’ve topped up you can do as many deals as you desire in regards to purchasing underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i discover it a bit hard to determine sort of what i have actually invested where i need to go into each individual stock just 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 actually like to see all of the investments if possible and likewise i have actually still not truly determined the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to view this space that’s basically it if you are interested in providing a go i do have a recommendation link down listed below that you can use and you don’t even have to top up you can simply utilize the virtual portfolio at first simply to see what you think learn the platform and after that make a decision on whether you want to use it or not so i ‘d enjoy to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.