the agreement remains in terms of our analysts saying to purchase to hold to offer the stock all the ratings where it’s originated from Does Etoro Trade Options…
I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i thought i would do a quick video just 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 desire to provide it a go let’s dive straight in so the very first big pro for me is the reality that they have analyst ratings and research i definitely love this it’s got an entire page for each of the stocks simply informing you what analysts are doing and stating 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 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 insider deals as well so it just shows you whether insiders have bought the shares um over the last few months or not i believe this is absolutely excellent and displayed in a truly easy format so for me this is a huge plus for the platform a 2nd substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i think this lessens your forex threat so in theory you might simply top up a bigger amount when the currency is in your favor and just hold the cash waiting to invest it for a lot of the platforms you need to pay the fx costs each time that you make a transaction whereas here that does not happen you simply 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 finest if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you gain access to not simply to stocks however likewise to products and cryptocurrency obviously this isn’t actually something that newbies ought to meddle but it does have that option for those of you who have an interest 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 to individuals talk about post see what people are posting about each individual stock almost have like conversations about it and you can really take a look at people’s portfolios so you can enter into anyone’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 believe it’s really good since you often get like alerts stating thus many individuals are talking about tesla today like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 choices i think i have actually discussed 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 prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform because they have actually got loads of different themes of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my viewpoint is it’s just got an actually great layout control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a truly truly nice desktop version it looks really tidy easy to use i didn’t really have any issues with determining 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 study you can click the news and it will just tell you all the news about that specific stock it’s truly cool and likewise your portfolio just looks truly nice and tidy and in fact has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are three primary cons in regards to in my viewpoint clearly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i use them myself however ones to be aware of the first one i think it is a bit too easy to trade cfds so because the cfd platform and the typical trading platform are integrated into one it makes it quite 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 inadvertently open a cfd which is really good and that’s pretty much one of the primary factors that i do use them so it’s not actually something to worry about accidentally doing but i usually believe that a great deal of the platforms that use cfds need to make it even harder to open cfds for retail investors i understand quite a few individuals who’ve lost rather a great deal of cash um not on in fact but still trading cfds so i believe normally there should most likely be a little bit more it’s going to say policy but just generally a little 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 comes up a lot when i talk about is people grumbling about the costs now yes whilst you might compare to particular platforms that have lower costs there are also loads of platforms that have much greater fees so swings and roundabouts really everything depends on the big picture um they have a five dollar withdrawal cost is that actually that much maybe 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 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 costs on their fee page but generally the real investing into stocks is commission totally free so once you’ve topped up you can do as lots of deals as you want in regards to purchasing underlying possessions without paying extra charges and finally the last con from me is the portfolio history so i find it a bit challenging to figure out sort of what i have actually invested where i need to go into each individual 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 have actually still not truly figured out the dividends and how that shows up so that possibly is like a little a 50 50 for me not quite sure yet to see this space 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 do not even need to top up you can simply utilize the virtual portfolio initially just to see what you think discover the platform and after that decide on whether you want to use it or not so i ‘d love to understand your thoughts if you do try it out what you think about it and yeah that’s practically it for th.