the agreement is in regards to our analysts saying to purchase to hold to offer the stock all the ratings where it’s come from Can You Buy Doge On Etoro…
I think 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 fast video just 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 make a choice on whether or not you want to provide it a go let’s jump directly in so the first huge pro for me is the reality that they have analyst ratings and research i absolutely like this it’s got a whole page for each of the stocks simply informing you what experts are doing and stating 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 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 selling and the expert deals as well so it just reveals you whether experts have actually purchased the shares um over the last couple of months or not i believe this is definitely fantastic and displayed in a really easy format so for me this is a big plus for the platform a 2nd big 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 danger so in theory you might simply top up a bigger amount when the currency remains in your favor and just hold the money waiting to invest it for a great deal of the platforms you need to pay the fx costs each time that you make a transaction whereas here that does not happen you simply 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 third huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks but likewise to products and cryptocurrency certainly this isn’t really something that newbies should meddle but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally go in and talk to people discuss post see what individuals are posting about each individual stock practically have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the profits they’ve made and everything it is very transparent and i think it’s actually good due to the fact that you frequently get like notifications stating like so lots of people are speaking about tesla today like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i think i’ve mentioned before you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve discussed this prior to however 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 really cool and i believe it’s a huge plus of the platform because they’ve got loads of various themes 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 just got a really great design control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a truly really good desktop version it looks truly tidy easy to use i didn’t really have any concerns with figuring out what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click the research you can click the news and it will just inform you all the news about that specific stock it’s really cool and also your portfolio simply looks actually great and clean and in fact has a great deal of data on the primary portfolio page which i actually like now for the cons i think there are 3 main cons in terms of in my viewpoint plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i use them myself but ones to be knowledgeable about the very first one i think it is a bit too easy to trade cfds so due to the fact that the cfd platform and the normal 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 simply click a button and accidentally open a cfd which is actually excellent and that’s pretty much among the primary reasons that i do use them so it’s not truly something to fret about unintentionally doing but i normally think that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i understand many individuals who’ve lost quite a great deal of cash um not on really however still trading cfds so i believe normally there must most likely be a little bit more it’s going to say guideline but just usually a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the costs so this is something that turns up a lot when i discuss is people complaining about the charges now yes whilst you may compare to certain platforms that have lower charges there are likewise loads of platforms that have much greater fees so roundabouts and swings really it all depends upon the big picture um they have a five dollar withdrawal cost is that truly that much maybe if you’re constantly 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 really matter probably not so simply weigh that up um when you when you look at it there’s a few other fees on their cost page however normally the real investing into stocks is commission totally free so when you’ve topped up you can do as numerous deals as you want in regards to buying underlying assets without paying extra charges and finally the last con from me is the portfolio history so i discover it a little bit tough to find out sort of what i’ve invested where i have to go into each private stock simply 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 actually like to see all of the investments if possible and likewise i’ve still not truly figured out the dividends and how that shows up so that potentially resembles a little bit of a 50 50 for me not quite sure yet to view this area 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 just utilize the virtual portfolio initially simply to see what you believe find out the platform and then decide on whether you want to use it or not so i ‘d like to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.