the consensus remains in terms of our experts stating to purchase to hold to offer the stock all the scores where it’s originated from Capital Vs Etoro…
so i think there’s a great deal of interest about i do get a lot of questions 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 believe are good about the platform and the things i believe are bad about the platform and after that you can decide on whether you want to try let’s jump straight in so the first huge pro for me is the reality that they have analyst ratings and research i definitely like this it’s got an entire page for each of the stocks just telling you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it appears like it gives you the rate 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 offering or purchasing and the expert transactions too so it just shows you whether insiders have actually purchased the shares um over the last few months or not i think this is definitely great and shown in a truly easy format so for me this is a big plus for the platform a second big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens your foreign exchange threat so in theory you could simply top up a bigger amount when the currency is in your favor and simply hold the money 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 transform back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it gives you access not simply to stocks but likewise to products and cryptocurrency obviously this isn’t really something that novices 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 viewpoint is the social element of the platform so you can literally go in and talk to people comment on post see what individuals are posting about each private stock practically have like discussions about it and you can actually look at people’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 earnings they have actually made and everything it is very transparent and i believe it’s actually excellent because you typically get like notifications stating like so many individuals are discussing tesla today like see all the posts
here and it’s actually cool simply to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have two alternatives i believe i’ve mentioned prior to 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’ve spoken about this before however they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s sort 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’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 point of view is it’s simply got an actually nice layout dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have an actually truly good desktop version it looks really tidy easy to use i didn’t truly have any issues with figuring out what to do i like that for each stock you can enter and see whatever in one location you understand you can click
on the chart you can click on the research you can click on the news and it will simply inform you all the news about that specific stock it’s truly cool and also your portfolio just looks really great and tidy and in fact has a great deal of data on the main portfolio page which i really like now for the cons i believe there are three main cons in terms of in my viewpoint clearly they’re not ones that have put me off using the platform um you know i have actually done portfolio updates i use them myself but ones to be aware of the very first one i think it is a little bit too easy to trade cfds so since the cfd platform and the normal trading platform are incorporated into one it makes it quite 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 unintentionally open a cfd which is really excellent and that’s practically among the main reasons that i do use them so it’s not really something to stress over mistakenly doing however i usually think that a lot of the platforms that provide cfds need to make it even harder to open cfds for retail investors i understand many individuals who’ve lost rather a great deal of cash um not on really but still trading cfds so i think generally there should most likely be a little bit more it’s going to say policy but 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 turns up a lot when i discuss is people grumbling about the charges now yes whilst you may compare to certain platforms that have lower costs there are likewise loads of platforms that have much higher charges so swings and roundabouts really everything depends upon the big picture um they have a five dollar withdrawal cost is that really that much perhaps 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 securing like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you take a look at it there’s a few other costs on their cost page but typically the actual investing into stocks is commission complimentary so when you’ve topped up you can do as many transactions as you want in terms of purchasing underlying assets without paying additional costs 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’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 truly like to see all of the financial investments if possible and also i’ve still not really figured out the dividends and how that appears so that possibly is like a bit of a 50 50 for me not quite sure yet to watch this space that’s pretty much it if you are interested in giving them a go i do have a referral link down listed below that you can utilize and you don’t even need to top up you can simply utilize the virtual portfolio initially just to see what you think find out the platform and after that make a decision on whether you want to utilize it or not so i ‘d love to know your thoughts if you do try it out what you think of it and yeah that’s practically it for th.