the agreement is in regards to our experts stating to buy to hold to sell the stock all the rankings where it’s come from Do I Own Bitcoin On Etoro…
I think there’s a lot of interest 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 believe are great about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you desire to offer it a go let’s jump directly in so the very first big pro for me is the fact that they have analyst ratings and research study i absolutely enjoy 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 cost 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 purchasing or selling and the expert transactions too so it just shows you whether experts have actually bought the shares um over the last few months or not i think this is definitely terrific and shown in an actually easy format so for me this is a substantial plus for the platform a 2nd substantial plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective however i think this decreases your forex danger so in theory you might just top up a bigger amount when the currency is in your favor and just hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx costs each time that you make a transaction whereas here that does not happen you just pay the fx cost
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when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it provides you access not simply to stocks however likewise to commodities and cryptocurrency undoubtedly this isn’t truly something that newbies must meddle however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and speak with individuals discuss post see what individuals are posting about each specific stock practically have like discussions about it and you can in fact take a look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing including the popular traders you can see the earnings they’ve made and whatever it is extremely transparent and i think it’s really excellent because you typically get like notices saying like so many people are speaking about tesla today like see all the posts
here and it’s truly cool simply to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two options i think i’ve mentioned 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 talked about this before but they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a substantial plus of the platform because they’ve got loads of different styles of these portfolios um that you can select from so that’s a huge plus for me the final pro from my point of view is it’s just got a truly nice layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have a truly truly good desktop version it looks really tidy 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 understand you can click
on the chart you can click the research you can click the news and it will just inform you all the news about that specific stock it’s actually cool and also your portfolio just looks truly nice and clean and actually has a great deal of data on the main portfolio page which i actually like now for the cons i think there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of the first one i believe it is a bit too simple to trade cfds so because the cfd platform and the typical trading platform are integrated into one it makes it rather easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can just click a button and mistakenly open a cfd which is really good and that’s pretty much one of the main reasons that i do utilize them so it’s not truly something to worry about mistakenly doing but i normally think that a great deal of the platforms that provide cfds should make it even harder to open cfds for retail investors i understand quite a few people who’ve lost rather a lot of money um not on really however still trading cfds so i think normally there need to probably be a bit more it’s going to say guideline but just generally a little more like a few more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that turns up a lot when i talk about is people grumbling about the costs now yes whilst you may compare to particular platforms that have lower costs there are likewise loads of platforms that have much higher charges so roundabouts and swings truly it all depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much possibly if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot but 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 probably not so just weigh that up um when you when you take a look at it there’s a couple of other charges on their fee page however normally the actual investing into stocks is commission totally free so once you’ve topped up you can do as lots of transactions as you desire in regards to purchasing underlying properties without paying extra fees and finally the last con from me is the portfolio history so i find it a bit hard to find out sort of what i’ve invested where i need to go into each specific stock just to see when i have actually invested into it and just 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 likewise i’ve still not actually found out the dividends and how that appears so that potentially is like a bit of a 50 50 for me not quite sure yet to see this area that’s practically it if you are interested in giving them a go i do have a referral link down listed below that you can use and you don’t even have to top up you can just use the virtual portfolio initially just to see what you think learn the platform and after that decide on whether you wish to use it or not so i ‘d like to understand your ideas if you do try it out what you think of it and yeah that’s pretty much it for th.