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 Short With Etoro…
so i think there’s a lot of interest about i do get a great deal of questions asking me about the platform so i thought i would do a quick video just taking you through the pros and cons the things that i think are excellent about the platform and the important things i think are bad about the platform and then you can decide on whether or not you want to give it a go let’s dive directly in so the first huge pro for me is the fact that they have analyst ratings and research study i definitely like this it’s got a whole page for each of the stocks just telling you what experts are saying and doing about the stock so you can see here for instance on johnson and johnson what it looks like it gives 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 buying or selling and the expert deals too so it just reveals you whether experts have actually bought the shares um over the last couple of months or not i believe this is definitely terrific and shown in an actually easy 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 lessens your forex threat so in theory you could simply top up a larger quantity when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx fees whenever that you make a transaction whereas here that doesn’t occur you just 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 third big pro of the platform in my viewpoint is that it provides you access not simply to stocks however also to products and cryptocurrency clearly this isn’t really something that newbies must meddle but it does have that alternative 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 to people comment on post see what individuals are publishing about each specific 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 investing in including the popular traders you can see the revenues they have actually made and whatever it is extremely transparent and i think it’s truly excellent since you frequently get like notices saying thus many people are discussing tesla today 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 viewpoint the copy portfolios so they have 2 alternatives i believe i’ve pointed out before you can either copy specific 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 but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s actually cool and i think it’s a huge plus of the platform due to the fact that they have actually got loads of various themes of these portfolios um that you can choose from so that’s a huge plus for me the last pro from my viewpoint is it’s just got an actually great layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a really truly good desktop variation it looks actually clean easy to use i didn’t actually have any issues 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 on the research study you can click on the news and it will just inform you all the news about that specific stock it’s really cool and also your portfolio simply looks clean and actually great and actually has a lot of data on the primary portfolio page which i actually like now for the cons i believe there are three primary cons in terms of in my viewpoint clearly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be familiar with the first one i believe it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated into one it makes it quite simple for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and unintentionally open a cfd which is actually excellent and that’s pretty much one of the main factors that i do utilize them so it’s not actually something to worry about accidentally doing but i normally believe that a great deal of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i understand many people who have actually lost rather a lot of cash um not on in fact however still trading cfds so i believe usually there need to probably be a bit more it’s going to say regulation however simply generally a little 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 shows up a lot when i talk about is people grumbling about the costs 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 everything depends on the big picture um they have a five dollar withdrawal cost is that truly that much perhaps if you’re constantly withdrawing l.
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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 taking out 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 charges on their fee page however typically the actual investing into stocks is commission free so as soon as you’ve topped up you can do as lots of deals as you want in terms of purchasing underlying assets without paying additional charges and finally the last con from me is the portfolio history so i discover it a little bit hard to find out sort of what i’ve invested where i have to go into each individual stock simply to see when i have actually 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 truly like to see all of the investments if possible and also i have actually still not really determined the dividends and how that appears so that possibly resembles a little a 50 50 for me not quite sure yet to watch this space that’s basically it if you have an interest in giving them a go i do have a recommendation link down below that you can utilize and you don’t even need to top up you can just utilize the virtual portfolio initially simply to see what you believe learn the platform and then decide on whether you want to utilize it or not so i ‘d enjoy to know your thoughts if you do try it out what you consider it and yeah that’s practically it for th.