the agreement remains in regards to our analysts saying to purchase to hold to offer the stock all the ratings where it’s come from Can I Transfer Stocks To Etoro…
I believe there’s a lot of interest about i do get a lot of concerns 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 believe are great about the platform and the things i believe are bad about the platform and then you can make a decision on whether or not you desire to provide it a go let’s jump straight in so the very first huge pro for me is the truth that they have expert rankings and research study i definitely love this it’s got a whole page for each of the stocks just informing you what experts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers 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 expert transactions too so it simply shows you whether experts have purchased the shares um over the last couple of months or not i think this is definitely excellent and displayed in a truly easy format so for me this is a big plus for the platform a 2nd substantial 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 minimizes your foreign exchange threat so in theory you might simply top up a bigger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx fees whenever that you make a transaction whereas here that doesn’t happen you simply pay the fx cost
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when you top up and when you withdraw and transform back to your own currency this clearly works finest if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you gain access to not simply to stocks but also to products and cryptocurrency undoubtedly this isn’t actually something that novices should dabble in however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and speak with people discuss post see what individuals are publishing about each private stock practically have like conversations about it and you can actually take a look at individuals’s portfolios so you can go into anybody’s profile click 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 really transparent and i believe it’s actually excellent since you often get like notifications saying thus many individuals are speaking about tesla today like see all the posts
here and it’s truly cool just to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 choices i believe i have actually mentioned 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 just holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s truly cool and i think it’s a substantial plus of the platform because they have actually got loads of different themes of these portfolios um that you can select from so that’s a huge plus for me the final pro from my perspective is it’s simply got a really great design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually truly great desktop version it looks truly clean easy to use i didn’t really have any issues with figuring out 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 the research you can click on the news and it will simply tell you all the news about that particular stock it’s really cool and also your portfolio just looks tidy and truly great and actually has a great deal of data on the main portfolio page which i truly like now for the cons i believe there are 3 primary 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 use them myself however ones to be aware of the first one i think it is a little bit too simple to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it quite easy 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 really excellent and that’s pretty much one of the primary factors that i do use them so it’s not actually something to stress over inadvertently doing but i typically believe that a great deal of the platforms that use cfds should make it even harder to open cfds for retail financiers i understand several people who have actually lost quite a great deal of money um not on really but still trading cfds so i believe generally there should most likely be a bit more it’s going to state policy however just normally a little bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the costs so this is something that shows up a lot when i speak about is people complaining about the fees now yes whilst you might compare to specific platforms that have lower costs there are also loads of platforms that have much greater charges so roundabouts and swings really everything depends on the big picture um they have a five dollar withdrawal cost is that actually that much possibly if you’re continuously withdrawing l.
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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 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 cost page however typically the actual investing into stocks is commission free so as soon as you have actually topped up you can do as lots of transactions as you desire in terms of purchasing underlying properties without paying additional charges and lastly the last con from me is the portfolio history so i find it a bit tough to find out sort of what i have actually invested where i need to go into each individual stock just to see when i have actually 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 truly like to see all of the financial investments if possible and also i’ve still not actually found out the dividends and how that appears so that possibly resembles a little bit of a 50 50 for me not quite sure yet to watch this space that’s practically it if you are interested in giving them a go i do have a referral link down below that you can use and you don’t even have to top up you can simply use the virtual portfolio initially just to see what you believe discover the platform and after that decide on whether you wish to utilize it or not so i ‘d love to know your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.