the agreement remains in regards to our experts stating to purchase to hold to offer the stock all the ratings where it’s originated from Do I Own Stocks On Etoro…
I believe there’s a lot of curiosity 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 then you can make a decision on whether or not you desire to provide it a go let’s jump straight in so the very first huge pro for me is the fact that they have expert scores and research i definitely enjoy this it’s got a whole page for each of the stocks simply telling you what experts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers 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 offering or buying and the expert deals as well so it simply shows you whether insiders have actually bought the shares um over the last few months or not i believe this is definitely terrific and shown in an actually simple format so for me this is a big plus for the platform a 2nd huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i believe this reduces your foreign exchange threat so in theory you could just top up a bigger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx charges each time that you make a deal whereas here that doesn’t happen you just pay the fx cost
What is social trading?
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 3rd huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks but also to commodities and cryptocurrency clearly this isn’t really something that newbies ought to dabble in however it does have that alternative 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 go in and speak to people talk about post see what people are publishing about each private stock almost have like conversations about it and you can really look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and everything it is very transparent and i believe it’s truly great because you often get like alerts stating like so many individuals are talking about tesla right now like see all the posts
here and it’s really cool simply to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i believe i’ve discussed 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 spoken about this prior to however they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s really cool and i believe it’s a substantial plus of the platform because they’ve got loads of various styles of these portfolios um that you can choose from so that’s a big plus for me the last pro from my perspective is it’s simply got an actually great design dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a really truly great desktop version it looks really tidy easy to use i didn’t truly have any concerns with figuring out what to do i like that for each stock you can enter and see whatever in one place you know you can click
on the chart you can click on the research you can click the news and it will simply tell you all the news about that specific stock it’s actually cool and also your portfolio simply looks truly good and tidy and in fact has a lot of data on the main portfolio page which i truly like now for the cons i believe there are three primary cons in regards to in my opinion 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 but ones to be knowledgeable about the very first one i believe it is a bit too easy to trade cfds so since the cfd platform and the regular trading platform are incorporated into one it makes it rather 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 accidentally open a cfd which is actually excellent which’s pretty much among the main reasons that i do utilize them so it’s not really something to worry about accidentally doing however i usually think that a lot of the platforms that offer cfds should make it even harder to open cfds for retail financiers i know several individuals who have actually lost rather a great deal of money um not on really but still trading cfds so i believe generally there need to probably be a little bit more it’s going to say guideline however just usually a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i talk about is individuals grumbling about the charges now yes whilst you might compare to particular platforms that have lower charges there are also loads of platforms that have much higher fees so roundabouts and swings really everything depends upon the big picture um they have a five dollar withdrawal charge 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 getting like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you look at it there’s a couple of other fees on their cost page but usually the real investing into stocks is commission free so as soon as you have actually topped up you can do as numerous deals as you desire in regards to purchasing underlying possessions without paying extra fees 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 individual 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 actually like to see all of the investments if possible and also i have actually still not actually figured out the dividends and how that appears so that potentially is like a little a 50 50 for me not quite sure yet to watch this area that’s basically it if you have an interest in providing 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 just use the virtual portfolio initially just to see what you think find out the platform and then make a decision on whether you wish to use it or not so i ‘d enjoy to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.