the agreement is in terms of our analysts saying to purchase to hold to sell the stock all the scores where it’s originated from Can You Owe Etoro…
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 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 provide it a go let’s dive straight in so the very first huge pro for me is the truth that they have analyst rankings 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 price 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 transactions as well so it just reveals you whether insiders have purchased the shares um over the last few months or not i think this is definitely great and displayed in a truly simple format so for me this is a substantial plus for the platform a second big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i think this reduces your foreign exchange risk so in theory you could simply top up a bigger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx costs every time that you make a transaction whereas here that does not occur you just pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this clearly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it gives you gain access to not simply to stocks however also to products and cryptocurrency clearly this isn’t actually something that newbies ought to dabble in but it does have that option for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually go in and speak with individuals talk about post see what people are posting about each specific stock nearly 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 purchasing consisting of the popular traders you can see the profits they’ve made and whatever it is really transparent and i think it’s really great because you typically get like notices saying like so lots of people are speaking about tesla right now like see all the posts
here and it’s actually cool simply to see what individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two alternatives i believe i have actually discussed 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 talked about this prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i think it’s a substantial plus of the platform because they have actually got loads of various themes of these portfolios um that you can pick from so that’s a big plus for me the final pro from my viewpoint is it’s just got a really good design dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a really truly good desktop version it looks actually 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 enter and see everything in one location you understand you can click
on the chart you can click on the research study you can click the news and it will simply tell you all the news about that specific stock it’s actually cool and likewise your portfolio just looks truly great and clean and actually has a lot of information on the main portfolio page which i truly like now for the cons i believe there are three primary cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be familiar with the very first one i think it is a little bit too simple to trade cfds so since the cfd platform and the regular trading platform are integrated into one it makes it quite easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can just click a button and unintentionally open a cfd which is truly great which’s basically among the main reasons that i do use them so it’s not really something to worry about inadvertently doing however i usually believe that a great deal of the platforms that offer cfds ought to make it even harder to open cfds for retail investors i understand several individuals who’ve lost quite a great deal of money um not on really however still trading cfds so i think typically there ought to probably be a bit more it’s going to say guideline however simply generally a little 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 talk about is people complaining about the fees now yes whilst you may compare to particular platforms that have lower charges there are also loads of platforms that have much greater costs so swings and roundabouts truly it all depends on the big picture um they have a five dollar withdrawal cost is that really that much maybe 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 getting like a thousand pounds at a time then does it really matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other charges on their cost page however typically the actual investing into stocks is commission totally free so as soon as you’ve topped up you can do as numerous transactions as you want in regards to buying underlying assets without paying additional costs and lastly the last con from me is the portfolio history so i discover it a bit difficult to find out sort of what i have actually invested where i have to go into each private stock simply to see when i’ve invested into it and 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 determined the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to view this area that’s pretty much 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 have to top up you can just use the virtual portfolio initially simply to see what you believe learn the platform and after that make a decision 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.