the agreement is in regards to our analysts stating to buy to hold to offer the stock all the ratings where it’s come from Do You Own Your Crypto On Etoro…
I think 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 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 choice on whether or not you want to give it a go let’s dive straight in so the very first big pro for me is the fact that they have expert rankings and research i definitely love 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 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 buying or selling and the expert deals too so it just shows you whether experts have actually purchased the shares um over the last few months or not i think this is definitely terrific and displayed 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 however i think this minimizes your forex danger so in theory you could just top up a bigger quantity when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges every time that you make a transaction whereas here that does not occur you just pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it provides you access not just to stocks but also to commodities and cryptocurrency certainly this isn’t actually something that beginners ought to meddle but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and talk with individuals discuss post see what people are publishing about each individual stock practically have like discussions about it and you can in fact look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the revenues they have actually made and whatever it is extremely transparent and i think it’s truly good because you often get like notices stating like so many individuals are talking about tesla right now like see all the posts
here and it’s truly cool just to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 options i think i have actually pointed out prior to you can either copy private people 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 type of like an etf in my opinion um it’s actually cool and i believe it’s a big plus of the platform since they’ve got loads of different 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 a truly great layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually really great desktop version it looks really clean easy to use i didn’t truly have any concerns with figuring out what to do i like that for each stock you can go in and see everything in one place you know you can click
on the chart you can click the research you can click the news and it will simply tell you all the news about that particular stock it’s truly cool and also your portfolio just looks clean and truly nice and actually has a lot of information on the main portfolio page which i truly like now for the cons i think there are three primary cons in terms of in my viewpoint clearly they’re not ones that have actually put me off using the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be knowledgeable about the first one i think it is a little bit too simple to trade cfds so due to the fact that 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 unintentionally open a cfd which is truly good which’s basically one of the main factors that i do utilize them so it’s not truly something to stress over unintentionally doing but i normally think that a lot of the platforms that provide cfds must make it even harder to open cfds for retail investors i know quite a few people who’ve lost quite a lot of money um not on really however still trading cfds so i believe normally there ought to probably be a little bit more it’s going to state guideline but just typically a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that shows up a lot when i talk about is individuals complaining about the costs now yes whilst you might compare to certain platforms that have lower fees there are also loads of platforms that have much greater fees so swings and roundabouts really all of it depends upon the big picture um they have a 5 dollar withdrawal cost 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 actually matter most likely not so simply weigh that up um when you when you look at it there’s a couple of other charges on their charge page however typically the real investing into stocks is commission free so once you have actually topped up you can do as lots of transactions as you want in regards to buying underlying possessions without paying extra charges and finally the last con from me is the portfolio history so i find it a little bit tough to determine sort of what i’ve invested where i need to go into each private stock simply to see when i’ve 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 investments if possible and likewise i’ve still not truly determined the dividends and how that appears so that potentially resembles a little a 50 50 for me not quite sure yet to view this area that’s pretty much it if you are interested in giving them a go i do have a referral link down below that you can utilize and you do not even have to top up you can simply utilize the virtual portfolio at first simply to see what you believe learn the platform and then make a decision on whether you want to use it or not so i ‘d like to know your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.