the agreement is in terms of our experts saying to buy to hold to sell the stock all the ratings where it’s come from Can I Short On Etoro…
so i think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a quick video simply 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 decide on whether you wish to give it a go let’s jump directly in so the very first big pro for me is the fact that they have analyst scores and research i definitely enjoy this it’s got an entire page for each of the stocks just informing you what experts are doing and saying about the stock so you can see here for instance on johnson and johnson what it appears like it provides 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 buying or offering and the insider transactions as well so it simply shows you whether experts have actually purchased the shares um over the last few months or not i think this is absolutely excellent and displayed in a truly easy format so for me this is a big plus for the platform a second huge 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 decreases your foreign exchange danger so in theory you might simply top up a larger quantity when the currency is in your favor and just hold the cash waiting to invest it for a lot of the platforms you need to pay the fx charges whenever that you make a deal whereas here that doesn’t happen you simply pay the fx cost
What is social trading?
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 viewpoint is that it gives you access not just to stocks however likewise to products and cryptocurrency obviously this isn’t actually something that newbies should meddle but it does have that option for those of you who are interested in commodities 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 discuss post see what individuals are posting about each private stock nearly have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the earnings they’ve made and everything it is very transparent and i believe it’s truly excellent because you typically get like notifications stating like so lots of people are talking about tesla right now 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 two alternatives i think i have actually mentioned prior to 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 discussed this before but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s actually 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 last pro from my viewpoint is it’s simply got a truly nice layout dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have a truly actually great desktop version it looks truly clean easy to use i didn’t actually have any issues with determining what to do i like that for each stock you can enter and see whatever in one location you understand you can click
on the chart you can click 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 likewise your portfolio just looks tidy and actually good and in fact has a lot of data on the main portfolio page which i really like now for the cons i believe there are three primary cons in terms of in my opinion plainly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i use them myself however ones to be familiar with the very first one i believe it is a bit too easy to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated into one it makes it quite simple for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and mistakenly open a cfd which is actually excellent which’s basically among the primary factors that i do utilize them so it’s not really something to stress over unintentionally doing but i normally think that a lot of the platforms that use cfds need to make it even harder to open cfds for retail investors i know many individuals who have actually lost quite a great deal of money um not on really however still trading cfds so i think normally there ought to most likely be a little bit more it’s going to say guideline however just generally a little bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that shows up a lot when i talk about is individuals grumbling about the fees now yes whilst you may compare to particular platforms that have lower fees there are likewise loads of platforms that have much greater costs so roundabouts and swings really all of it depends on the big picture um they have a 5 dollar withdrawal cost is that actually that much maybe if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 truly matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other costs on their cost page however generally the real investing into stocks is commission free so when you have actually topped up you can do as numerous deals as you want in terms of purchasing underlying properties without paying additional charges and lastly the last con from me is the portfolio history so i discover it a bit hard to determine sort of what i’ve invested where i have to go into each specific 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 actually like to see all of the investments if possible and likewise i’ve still not really figured out the dividends and how that appears so that possibly is like a little a 50 50 for me not quite sure yet to see this space that’s pretty much it if you have an interest in providing a go i do have a recommendation link down listed below that you can utilize and you do not even have to top up you can just use the virtual portfolio initially just to see what you think learn the platform and then decide on whether you wish to utilize it or not so i ‘d love to understand your ideas if you do try it out what you consider it and yeah that’s practically it for th.