the agreement is in regards to our analysts stating to purchase to hold to sell the stock all the scores where it’s originated from Can I Transfer Crypto From Binance To Etoro…
I think there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i believed i would do a fast video just taking you through the pros and cons the things that i believe are good about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you want to provide it a go let’s jump straight in so the very first big pro for me is the reality that they have expert ratings and research i definitely like this it’s got a whole page for each of the stocks just informing you what experts are doing and saying 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 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 deals as well so it simply reveals you whether experts have purchased the shares um over the last couple of months or not i believe this is definitely excellent and shown in a really simple format so for me this is a big plus for the platform a second substantial plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i believe this minimizes your forex threat so in theory you might simply top up a bigger 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 charges whenever that you make a transaction whereas here that doesn’t occur you just pay the fx charge
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when you top up and when you withdraw and convert 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 offers you access not simply to stocks but also to commodities and cryptocurrency certainly this isn’t truly something that beginners must dabble in however it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and speak to people comment on post see what people are posting about each private stock almost have like conversations about it and you can actually look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and everything it is very transparent and i believe it’s really good since you frequently get like notifications saying thus many people are speaking about tesla right now like see all the posts
here and it’s really cool simply to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have two alternatives i believe i have actually discussed prior to you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually spoken about this before however they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform since 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 simply got an actually good design dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have an actually really great desktop variation it looks actually tidy easy to use i didn’t really have any issues with determining what to do i like that for each stock you can go in 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 just looks tidy and really great and really has a great deal of data on the main portfolio page which i really like now for the cons i think there are 3 primary cons in regards to in my opinion clearly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be familiar with the first one i believe it is a bit too simple to trade cfds so due to the fact that the cfd platform and the typical trading platform are integrated into one it makes it quite simple for people 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 actually excellent and that’s basically one of the main factors that i do utilize them so it’s not really something to worry about mistakenly doing but i normally believe that a lot of the platforms that use cfds need to make it even harder to open cfds for retail investors i know numerous people who have actually lost quite a lot of cash um not on in fact however still trading cfds so i think usually there need to probably be a little bit more it’s going to state guideline however just usually a bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i speak about is individuals grumbling about the costs now yes whilst you may compare to particular platforms that have lower costs there are also loads of platforms that have much higher costs so roundabouts and swings really it all depends on the big picture um they have a five dollar withdrawal fee is that truly that much possibly if you’re constantly withdrawing l.
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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 getting like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other charges on their charge page but typically the actual investing into stocks is commission free so as soon as you have actually topped up you can do as numerous deals as you desire in terms of buying underlying possessions without paying additional charges and finally the last con from me is the portfolio history so i find it a bit difficult to find out sort of what i’ve invested where i need to go into each specific stock simply to see when i’ve invested into it and just 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 investments if possible and likewise i have actually still not really determined 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 area that’s practically it if you are interested in providing a go i do have a recommendation link down below that you can use and you don’t even need to top up you can just use the virtual portfolio initially simply to see what you think learn the platform and after that make a decision on whether you want to utilize it or not so i ‘d enjoy to know your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.