the agreement remains in terms of our experts stating to buy to hold to offer the stock all the ratings where it’s come from Etoro $100 Bonus…
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 think 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 desire to give it a go let’s jump directly in so the first huge pro for me is the fact that they have analyst rankings and research i definitely enjoy this it’s got a whole page for each of the stocks simply telling you what experts 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 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 buying or selling and the expert transactions as well so it just reveals you whether insiders have actually bought the shares um over the last few months or not i believe this is absolutely great and shown in a really simple format so for me this is a huge plus for the platform a second huge 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 minimizes your foreign exchange threat so in theory you might 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 need to pay the fx fees each time that you make a deal whereas here that doesn’t occur you simply 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 finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it offers you access not just to stocks but likewise to commodities and cryptocurrency obviously this isn’t actually something that beginners need to dabble in but it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and speak to individuals comment on post see what people are publishing about each specific stock almost have like discussions about it and you can in fact take a look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they’ve made and whatever it is really transparent and i believe it’s truly great since you typically get like alerts saying thus lots of people are discussing tesla today 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 options i believe i have actually mentioned before 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 resource portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i think it’s a big plus of the platform since they’ve got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the final pro from my viewpoint is it’s just got a truly nice layout control panel and the way it’s established so unlike the other platforms that i use at the moment they have an actually truly nice desktop variation it looks really tidy easy to use i didn’t truly have any issues with figuring out what to do i like that for each stock you can go in and see whatever in one place you understand you can click
on the chart you can click on the research study you can click on the news and it will simply inform you all the news about that specific stock it’s actually cool and likewise your portfolio simply looks really great and tidy and really has a great deal of information on the main portfolio page which i really like now for the cons i think there are three primary cons in regards to in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you know i’ve done portfolio updates i use them myself however ones to be aware of the first one i believe 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 individuals to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and unintentionally open a cfd which is actually good and that’s basically among the main factors that i do utilize them so it’s not actually something to fret about unintentionally doing however i usually think that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail financiers i understand many people who have actually lost rather a great deal of cash um not on really however still trading cfds so i think typically there must probably be a bit more it’s going to say policy however just usually a little bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that turns up a lot when i talk about is individuals grumbling about the costs now yes whilst you might compare to specific platforms that have lower fees there are also loads of platforms that have much greater costs so roundabouts and swings truly everything depends upon the big picture um they have a five dollar withdrawal charge is that actually that much maybe if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it really matter most likely not so just weigh that up um when you when you look at it there’s a couple of other charges on their fee page however normally the actual investing into stocks is commission free so once you have actually topped up you can do as many deals as you desire in regards to purchasing underlying possessions without paying additional costs and lastly the last con from me is the portfolio history so i discover it a bit tough to figure out sort of what i’ve invested where i have to go into each individual stock just to see when i’ve invested into it and just how much rather than 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 likewise i’ve still not truly figured out the dividends and how that appears so that potentially resembles a little a 50 50 for me not quite sure yet to see this space that’s practically it if you have an interest in providing a go i do have a recommendation link down below that you can use and you don’t even need to top up you can just utilize the virtual portfolio at first 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 love to understand your thoughts if you do try it out what you think about it and yeah that’s practically it for th.