the agreement remains in terms of our analysts saying to buy to hold to sell the stock all the scores where it’s originated from Can You Buy Shiba 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 believed 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 decision on whether or not you desire to offer it a go let’s jump straight in so the very first big pro for me is the truth that they have analyst scores and research i absolutely enjoy 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 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 offering or purchasing and the insider deals too so it simply shows you whether experts have actually purchased the shares um over the last few months or not i think this is definitely fantastic and displayed in a truly simple format so for me this is a huge plus for the platform a second substantial plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i believe this reduces your foreign exchange risk so in theory you might simply top up a bigger quantity 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 costs each time that you make a deal 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 convert back to your own currency this undoubtedly 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 access not simply to stocks however likewise to products and cryptocurrency obviously this isn’t truly something that newbies should meddle however it does have that choice for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally enter and talk with people talk about post see what individuals are publishing about each private stock practically have like conversations about it and you can really look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in including the popular traders you can see the profits they have actually made and everything it is really transparent and i think it’s truly excellent because you often get like notifications saying like so many individuals are discussing tesla today like see all the posts
here and it’s really 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 alternatives i believe i have actually discussed 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 have actually discussed this before however they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s really cool and i think it’s a big plus of the platform since 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 last pro from my point of view is it’s just got an actually great design control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a really actually good desktop variation it looks truly tidy easy to use i didn’t truly have any issues with figuring out 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 you can click on the news and it will simply tell you all the news about that specific stock it’s truly cool and also your portfolio just looks truly nice and tidy and really has a lot of data on the main portfolio page which i truly like now for the cons i think there are three primary cons in regards to in my opinion plainly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i utilize them myself but ones to be aware of the first one i believe it is a little bit too easy to trade cfds so because the cfd platform and the normal trading platform are integrated into one it makes it rather 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 inadvertently open a cfd which is actually good which’s basically among the primary reasons that i do use them so it’s not truly something to worry about mistakenly doing but i normally think that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail investors i understand numerous individuals who’ve lost quite a lot of money um not on actually but still trading cfds so i believe generally there must most likely be a little bit more it’s going to say policy but just normally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that turns up a lot when i discuss is individuals complaining about the charges now yes whilst you might compare to particular platforms that have lower costs there are also loads of platforms that have much greater costs so swings and roundabouts really everything depends upon the big picture um they have a 5 dollar withdrawal cost is that actually that much perhaps if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes possibly that’s a lot however if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it actually matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other fees on their charge page but usually the actual investing into stocks is commission free so when you have actually topped up you can do as many deals as you desire in regards to purchasing underlying possessions without paying extra charges and lastly the last con from me is the portfolio history so i find it a bit hard to figure out sort of what i have actually invested where i have to go into each individual stock simply to see when i’ve 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 potentially is like a little a 50 50 for me not quite sure yet to view this area that’s pretty much it if you are interested in giving them a go i do have a referral link down listed below that you can use and you don’t even need to top up you can simply use the virtual portfolio at first simply 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 like to understand your thoughts if you do try it out what you think of it and yeah that’s basically it for th.