the consensus remains in terms of our analysts saying to buy to hold to offer the stock all the rankings where it’s come from Can You Owe Etoro Money…
so i think there’s a great deal of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a fast video simply taking you through the advantages and disadvantages the things that i believe are great about the platform and the important things i believe are bad about the platform and then you can decide on whether you wish to give it a go let’s dive straight in so the very first big pro for me is the truth that they have expert ratings and research study i absolutely love this it’s got a whole page for each of the stocks just informing you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it gives 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 selling or buying and the expert transactions also so it just shows you whether insiders have actually purchased the shares um over the last couple of months or not i believe this is absolutely fantastic and displayed in a really easy format so for me this is a substantial plus for the platform a second big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i think this decreases your forex danger so in theory you could just top up a larger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx fees whenever that you make a deal whereas here that does not occur you just pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this certainly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it gives you gain access to not just to stocks but likewise to products and cryptocurrency certainly this isn’t actually something that newbies need to meddle however it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally enter and talk with people talk about post see what people are publishing about each individual stock practically have like discussions about it and you can actually take a look at individuals’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying including the popular traders you can see the profits they have actually made and whatever it is really transparent and i think it’s actually good due to the fact that you often get like notices saying like so many individuals are talking about tesla today like see all the posts
here and it’s really cool just to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have two choices 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 have actually discussed this prior to however they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my viewpoint um it’s really cool and i think it’s a huge plus of the platform because they’ve got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the final pro from my perspective is it’s just got a really nice design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a really truly good desktop version it looks really clean easy to use i didn’t truly have any issues with finding out what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click the research you can click the news and it will simply inform you all the news about that particular stock it’s really cool and also your portfolio simply looks clean and really good and actually has a lot of data on the main portfolio page which i really like now for the cons i believe there are three primary cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be familiar with the very first one i think it is a bit too easy to trade cfds so since the cfd platform and the normal trading platform are integrated 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 simply click a button and inadvertently open a cfd which is truly great which’s pretty much one of the main factors that i do use them so it’s not really something to fret about inadvertently doing however i usually believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail financiers i understand numerous individuals who have actually lost quite a great deal of money um not on in fact but still trading cfds so i believe generally there must probably be a bit more it’s going to say guideline but simply generally a 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 speak about is people grumbling about the fees now yes whilst you might compare to certain platforms that have lower costs there are also loads of platforms that have much greater costs so swings and roundabouts 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 constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it truly matter most likely not so simply weigh that up um when you when you look at it there’s a few other costs on their charge page but usually the actual investing into stocks is commission totally free so as soon as you’ve topped up you can do as lots of deals as you want in terms of buying underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i discover it a bit tough to find out sort of what i’ve invested where i have to go into each private stock simply to see when i’ve invested into it and 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 investments if possible and likewise i’ve still not truly figured out the dividends and how that shows up so that potentially resembles a bit of a 50 50 for me not quite sure yet to watch this area that’s practically it if you are interested in providing a go i do have a recommendation link down below that you can use and you do not even need to top up you can simply utilize the virtual portfolio at first simply to see what you believe find out the platform and after that decide on whether you wish to utilize it or not so i ‘d like to know your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.