the agreement remains in regards to our experts saying to buy to hold to offer the stock all the ratings where it’s come from Can You Make Money Copying On Etoro…
I think there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i thought i would do a quick video simply taking you through the pros and cons the things that i believe are excellent 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 dive straight in so the first huge pro for me is the fact that they have expert ratings and research i absolutely love this it’s got a whole page for each of the stocks simply telling you what analysts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers you the rate 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 selling or buying and the expert transactions as well so it just reveals you whether insiders have actually bought the shares um over the last few months or not i think this is absolutely terrific and shown in an actually easy format so for me this is a substantial plus for the platform a 2nd big plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i think this minimizes your foreign exchange danger so in theory you could simply top up a larger quantity when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx costs every time that you make a deal whereas here that doesn’t happen you just pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it offers you access not just to stocks but likewise to commodities and cryptocurrency certainly this isn’t really something that beginners need to meddle but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and speak to people talk about post see what people are posting about each individual stock almost have like discussions about it and you can actually look at individuals’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are buying including the popular traders you can see the profits they’ve made and whatever it is extremely transparent and i believe it’s really great due to the fact that you often get like notices stating thus many individuals are talking about tesla right now like see all the posts
here and it’s really cool simply to see what individuals are believing the next pro of the platform is in my opinion the copy portfolios so they have two options i believe i’ve pointed out prior to you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve discussed this before but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s truly 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 huge plus for me the final pro from my perspective is it’s just got an actually great layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly actually great desktop variation it looks really 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 location you understand you can click
on the chart you can click on the research you can click the news and it will simply tell you all the news about that specific stock it’s really cool and likewise your portfolio simply looks clean and truly nice and really has a lot of information on the main portfolio page which i really like now for the cons i think there are 3 primary cons in regards to in my viewpoint clearly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be aware of the very first one i think it is a little bit too simple to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it rather simple for individuals 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 actually good and that’s pretty much one of the main factors that i do use them so it’s not really something to fret about unintentionally doing but i normally believe that a lot of the platforms that offer cfds must make it even harder to open cfds for retail investors i know several individuals who have actually lost rather a great deal of cash um not on actually however still trading cfds so i believe generally there must probably be a little bit more it’s going to say guideline 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 second of all the costs so this is something that comes up a lot when i talk about is people grumbling about the costs now yes whilst you may compare to certain platforms that have lower charges there are likewise loads of platforms that have much higher charges so swings and roundabouts actually everything depends upon the big picture um they have a five dollar withdrawal fee is that actually that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
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 really matter most likely not so just weigh that up um when you when you look at it there’s a few other costs on their fee page however generally the real investing into stocks is commission complimentary so when you have actually topped up you can do as lots of transactions as you desire in terms of purchasing underlying properties without paying extra fees and lastly the last con from me is the portfolio history so i discover it a little bit difficult to determine sort of what i have actually invested where i need to go into each specific stock just to see when i have actually 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 really like to see all of the financial investments if possible and also i have actually still not actually figured out the dividends and how that shows up so that possibly resembles a little bit of 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 below that you can use and you do not even need to top up you can simply use the virtual portfolio at first just to see what you think find out the platform and then decide on whether you want to use it or not so i ‘d love to understand your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.