the agreement remains in regards to our experts stating to purchase to hold to sell the stock all the scores where it’s come from Do You Own Stocks In Etoro…
I think there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i thought i would do a quick video simply taking you through the pros and cons the things that i believe are excellent 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 want to offer it a go let’s dive directly in so the first big pro for me is the reality that they have analyst rankings and research i absolutely like this it’s got a whole page for each of the stocks simply 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 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 buying and the insider transactions also so it just reveals you whether experts have purchased the shares um over the last couple of months or not i believe this is definitely great and shown in a really simple format so for me this is a big plus for the platform a 2nd big plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i think this decreases your foreign exchange risk so in theory you could just top up a bigger quantity when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx costs every time that you make a deal whereas here that doesn’t occur you just pay the fx cost
What is social trading?
when you top up and when you withdraw and convert back to your own currency this obviously works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you gain access to not just to stocks but likewise to products and cryptocurrency clearly this isn’t actually something that novices need to dabble in but it does have that option for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually go in and talk with people comment on post see what individuals are posting about each individual stock nearly have like conversations about it and you can actually look at individuals’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the revenues they have actually made and everything it is really transparent and i believe it’s really good since you typically get like alerts stating thus many people are talking about tesla right now like see all the posts
here and it’s actually 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 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 energy portfolio which simply holds loads of renewable energy stocks it’s sort of like an etf in my viewpoint um it’s truly cool and i believe it’s a big plus of the platform since they have actually got loads of different styles of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my point of view is it’s just got a really good layout control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly really 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 enter and see everything in one place you understand you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that specific stock it’s really cool and likewise your portfolio just looks truly nice and tidy and really has a lot of information on the primary portfolio page which i truly like now for the cons i think there are 3 main cons in terms of in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i use them myself but 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 normal trading platform are integrated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and inadvertently open a cfd which is actually great which’s practically one of the main reasons that i do use them so it’s not truly something to stress over unintentionally doing however i generally believe that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail investors i understand several individuals who’ve lost quite a great deal of cash um not on in fact however still trading cfds so i believe typically there ought to most likely be a bit more it’s going to say guideline but simply typically a bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i talk about is individuals grumbling about the fees now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much greater costs so roundabouts and swings truly it all depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much maybe if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly that’s a lot but if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it actually matter probably not so simply weigh that up um when you when you take a look at it there’s a few other fees on their fee page but generally the actual investing into stocks is commission complimentary so as soon as you’ve topped up you can do as many deals as you want in regards to buying underlying possessions without paying extra costs and lastly the last con from me is the portfolio history so i find it a little bit difficult to determine sort of what i’ve invested where i have to go into each specific stock just to see when i have actually 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 really like to see all of the investments if possible and also i’ve still not really determined the dividends and how that shows up so that possibly resembles a little 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 utilize and you don’t even have to top up you can simply use the virtual portfolio initially just to see what you think discover the platform and after that decide on whether you wish to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you think about it and yeah that’s practically it for th.