the consensus is in terms of our experts stating to buy to hold to offer the stock all the scores where it’s come from Can You Buy Bitcoin Direct With Etoro…
so i believe 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 quick video simply taking you through the pros and cons the important things that i think are excellent about the platform and the things i believe are bad about the platform and after that you can make a decision on whether or not you wish to give it a go let’s dive straight in so the very first huge pro for me is the reality that they have analyst scores and research i definitely love this it’s got an entire page for each of the stocks just telling you what analysts are stating and doing about the stock so you can see here for instance on johnson and johnson what it appears like it gives 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 buying or offering and the expert transactions also so it just shows you whether insiders have bought the shares um over the last couple of months or not i think this is definitely fantastic and displayed in an actually simple format so for me this is a substantial plus for the platform a 2nd big 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 reduces your forex danger so in theory you might simply top up a bigger amount 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 fees each time that you make a deal whereas here that does not occur you just pay the fx fee
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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 opinion is that it offers you gain access to not simply to stocks however likewise to products and cryptocurrency certainly this isn’t actually something that beginners must dabble in however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually go in and talk to individuals talk about post see what people are posting about each private stock practically have like conversations about it and you can really look at individuals’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and everything it is extremely transparent and i think it’s really great because you often get like alerts saying like so lots of people are talking about tesla today like see all the posts
here and it’s really cool simply to see what individuals are believing the next pro of the platform is in my viewpoint the copy portfolios so they have 2 choices i believe i’ve discussed before you can either copy specific people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually spoken about this prior to however they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s actually cool and i think it’s a substantial plus of the platform due to the fact that they have actually got loads of various styles of these portfolios um that you can pick from so that’s a substantial plus for me the last pro from my point of view is it’s simply got an actually great design dashboard and the way it’s established so unlike the other platforms that i use at the moment they have a really truly nice desktop variation it looks truly clean easy to use i didn’t actually have any issues with figuring out what to do i like that for each stock you can go in and see whatever in one place you understand you can click
on the chart you can click on the research you can click the news and it will just inform you all the news about that specific stock it’s truly cool and also your portfolio simply looks really good and clean and really has a lot of information on the primary portfolio page which i actually like now for the cons i believe there are three main cons in regards to in my opinion plainly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be familiar with the first one i believe it is a bit too easy to trade cfds so since 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 just click a button and unintentionally open a cfd which is really excellent and that’s pretty much one of the main reasons that i do utilize them so it’s not actually something to worry about unintentionally doing however 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’ve lost rather a great deal of money um not on in fact however still trading cfds so i think normally there should probably be a little bit more it’s going to say guideline but simply usually a bit more like a few more
hoops to leap 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 talk about is individuals grumbling about the charges now yes whilst you may compare to particular platforms that have lower charges there are also loads of platforms that have much greater costs so swings and roundabouts really it all depends on the big picture um they have a 5 dollar withdrawal fee is that actually that much possibly if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it really matter most likely not so simply weigh that up um when you when you look at it there’s a few other costs on their fee page but normally the real investing into stocks is commission free so when you’ve topped up you can do as many 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 hard to determine sort of what i’ve invested where i need to go into each specific stock just to see when i have actually 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 actually like to see all of the investments if possible and likewise i’ve still not truly figured out the dividends and how that appears so that possibly is like a little bit of a 50 50 for me not quite sure yet to watch this area that’s basically it if you are interested in providing a go i do have a recommendation link down listed below that you can utilize and you don’t even have to top up you can simply use the virtual portfolio initially just to see what you believe find out the platform and after that decide on whether you want to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you consider it and yeah that’s practically it for th.