the agreement is in regards to our experts saying to buy to hold to sell the stock all the ratings where it’s come from Can You Buy Safemoon On Etoro…
so 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 quick video just taking you through the pros and cons the things that i think are good about the platform and the important things i believe are bad about the platform and then you can make a decision on whether or not you want to give it a go let’s dive directly in so the first huge pro for me is the fact that they have analyst ratings and research i definitely love this it’s got an entire page for each of the stocks just informing you what analysts are doing and saying about the stock so you can see here for instance on johnson and johnson what it appears like it offers you the cost 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 selling and the insider transactions too so it simply shows you whether experts have bought the shares um over the last few months or not i believe this is definitely excellent 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 but i think this reduces your foreign exchange threat so in theory you could 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 have to pay the fx fees every time that you make a transaction whereas here that doesn’t occur you just pay the fx fee
What is social trading?
when you top up and when you withdraw and convert back to your own currency this certainly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it provides you gain access to not just to stocks however also to products and cryptocurrency clearly this isn’t truly something that newbies need to dabble in however it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and speak to individuals discuss post see what individuals are posting about each specific stock practically have like conversations about it and you can really take a look at individuals’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the earnings they have actually made and whatever it is extremely transparent and i believe it’s really excellent since you typically get like notifications stating like so lots of people are discussing tesla today like see all the posts
here and it’s truly cool simply to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 choices 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 have actually discussed this before but they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform because they’ve got loads of different themes of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my perspective is it’s just got a truly good layout dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have a truly really good desktop version it looks really clean easy to use i didn’t really have any issues with finding out what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click the research study you can click on the news and it will just inform you all the news about that particular stock it’s really cool and likewise your portfolio just looks tidy and actually great and actually has a great deal of information on the primary portfolio page which i really like now for the cons i believe there are 3 primary cons in terms of in my opinion plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i utilize them myself however ones to be familiar with the very first one i believe it is a little bit too simple to trade cfds so because the cfd platform and the typical trading platform are incorporated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and mistakenly open a cfd which is really excellent and that’s basically among the primary reasons that i do use them so it’s not actually something to stress over mistakenly doing however i usually think that a lot of the platforms that provide cfds need to make it even harder to open cfds for retail investors i understand many people who have actually lost quite a lot of money um not on actually however still trading cfds so i think usually there need to most likely be a little bit more it’s going to state regulation however simply normally a little bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that shows up a lot when i talk about is individuals complaining about the costs now yes whilst you may compare to certain platforms that have lower costs there are likewise loads of platforms that have much greater fees so swings and roundabouts actually everything depends on the big picture um they have a five dollar withdrawal cost is that actually that much perhaps if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
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 just weigh that up um when you when you look at it there’s a couple of other costs on their charge page but normally the actual investing into stocks is commission complimentary so as soon as you’ve topped up you can do as lots of deals as you desire in regards to buying underlying possessions without paying extra charges and lastly the last con from me is the portfolio history so i discover it a bit tough to figure out sort of what i have actually invested where i need to go into each individual stock simply to see when i’ve 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 really like to see all of the investments if possible and likewise i have actually still not really found out the dividends and how that shows up so that potentially is like a little bit of a 50 50 for me not quite sure yet to watch this space that’s practically it if you have an interest in giving them a go i do have a referral link down listed below that you can utilize and you don’t even need 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 like to understand your ideas if you do try it out what you think about it and yeah that’s practically it for th.