the consensus remains in regards to our experts saying to buy to hold to offer the stock all the ratings where it’s originated from Can You Have Two Etoro Accounts…
so i believe 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 fast video simply taking you through the pros and cons the things that i believe are good about the platform and the things i think are bad about the platform and then you can make a decision on whether you wish to give it a go let’s jump straight in so the very first huge pro for me is the reality that they have analyst ratings and research study i absolutely enjoy this it’s got an entire page for each of the stocks simply informing you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it provides 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 purchasing or offering and the insider transactions too so it just reveals you whether insiders have purchased the shares um over the last few months or not i think this is absolutely fantastic and displayed in a truly simple format so for me this is a big plus for the platform a 2nd huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i think this lessens your foreign exchange danger so in theory you could simply top up a bigger amount when the currency is 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 charges every time that you make a transaction whereas here that doesn’t happen you simply pay the fx fee
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when you top up and when you withdraw and transform back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it gives you access not just to stocks however also to products and cryptocurrency obviously this isn’t actually something that beginners should dabble in but it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk to people discuss post see what individuals are posting about each individual stock almost 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 on their portfolio and see what they are investing in including the popular traders you can see the revenues they have actually made and everything it is very transparent and i think it’s actually great because you frequently get like alerts stating thus lots of people are talking about tesla today like see all the posts
here and it’s truly cool simply to see what individuals are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have two options i think i’ve pointed out prior to 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’ve spoken about this before but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s really cool and i think it’s a substantial plus of the platform because they’ve got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the final pro from my viewpoint is it’s simply got a really good layout control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a truly really great desktop variation it looks actually clean easy to use i didn’t actually have any problems with figuring out what to do i like that for each stock you can go in and see everything in one location you know you can click
on the chart you can click the research you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and also your portfolio simply looks tidy and really good and actually has a lot of data on the main portfolio page which i truly like now for the cons i think there are 3 primary cons in regards to in my opinion plainly they’re not ones that have put me off utilizing the platform um you know i’ve done portfolio updates i use them myself however ones to be knowledgeable about the first one i believe it is a bit too easy to trade cfds so because the cfd platform and the typical trading platform are incorporated into one it makes it quite easy for individuals 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 truly great and that’s basically one of the primary reasons that i do utilize them so it’s not actually something to fret about accidentally doing but i generally believe that a great deal of the platforms that provide cfds should make it even harder to open cfds for retail investors i understand many individuals who have actually lost quite a great deal of money um not on really but still trading cfds so i think generally there ought to most likely be a bit more it’s going to say guideline however just 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 turns up a lot when i discuss is individuals complaining about the fees now yes whilst you might compare to specific platforms that have lower charges there are also loads of platforms that have much greater charges so roundabouts and swings truly all of it depends upon the big picture um they have a 5 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 maybe that’s a lot but 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 truly matter most likely not so just weigh that up um when you when you look at it there’s a couple of other fees on their charge page however generally the actual investing into stocks is commission free so once you have actually topped up you can do as lots of deals as you desire in terms of buying underlying possessions without paying extra charges and finally the last con from me is the portfolio history so i discover it a bit difficult to determine sort of what i have actually invested where i need 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 have actually still not really found out the dividends and how that appears so that possibly 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 providing a go i do have a recommendation link down listed below that you can use and you do not even need to top up you can simply use the virtual portfolio at first simply to see what you believe learn the platform and then make a decision on whether you want to use it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s basically it for th.