the consensus remains in regards to our analysts stating to purchase to hold to sell the stock all the scores where it’s come from Can You Buy Call Options On Etoro…
I believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the pros and cons the things that i believe are excellent about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you want to provide it a go let’s dive directly in so the first huge pro for me is the fact that they have expert ratings and research i definitely enjoy this it’s got an entire page for each of the stocks simply telling 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 price 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 offering or buying and the expert transactions as well so it simply reveals you whether experts have actually bought the shares um over the last couple of months or not i think this is definitely great and displayed in a truly easy format so for me this is a huge plus for the platform a second big 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 decreases your forex risk so in theory you might simply top up a larger amount 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 fees whenever that you make a transaction whereas here that does not occur you simply pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it offers you gain access to not just to stocks but likewise to products and cryptocurrency undoubtedly this isn’t truly something that novices should dabble in but it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and speak with individuals discuss post see what people are publishing about each specific stock practically have like discussions about it and you can in fact look at people’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and whatever it is extremely transparent and i believe it’s actually great since you often get like alerts stating like so many 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 viewpoint the copy portfolios so they have two options i think i have actually discussed 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 spoken about this before however they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s sort 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 have actually got loads of different styles of these portfolios um that you can choose from so that’s a big plus for me the last pro from my point of view is it’s just got a truly nice design dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have a really really good desktop version it looks really clean easy to use i didn’t really have any concerns 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 on the research study you can click the news and it will simply tell you all the news about that particular stock it’s truly cool and also your portfolio simply looks actually good and clean and actually has a great deal of data on the primary portfolio page which i actually like now for the cons i believe there are 3 main cons in terms of in my opinion plainly they’re not ones that have put me off utilizing 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 easy to trade cfds so since the cfd platform and the regular trading platform are incorporated 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 accidentally open a cfd which is actually excellent which’s basically among the main factors that i do use them so it’s not truly something to stress over mistakenly doing however i usually believe that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail investors i know quite a few people who’ve lost quite a great deal of money um not on really but still trading cfds so i believe usually there ought to probably be a little bit more it’s going to say policy however simply usually a little bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that comes up a lot when i talk about is individuals complaining about the costs now yes whilst you might compare to particular platforms that have lower costs there are likewise loads of platforms that have much greater charges so swings and roundabouts actually everything depends on the big picture um they have a five dollar withdrawal fee is that really that much maybe if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re only going to be taking out like a thousand pounds at a time then does it actually matter most likely not so just weigh that up um when you when you take a look at it there’s a couple of other fees on their charge page but generally the actual investing into stocks is commission totally free so once you have actually topped up you can do as lots of deals as you desire in regards to purchasing underlying properties without paying additional charges and lastly the last con from me is the portfolio history so i find it a bit challenging to find out sort of what i have actually invested where i have to go into each individual stock just to see when i have actually invested into it and just 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 investments if possible and likewise i’ve still not really found out the dividends and how that appears so that potentially is like a 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 simply to see what you think discover the platform and then decide on whether you wish to use it or not so i ‘d love to know your thoughts if you do try it out what you think of it and yeah that’s basically it for th.