the consensus remains in regards to our experts stating to purchase to hold to offer the stock all the scores where it’s come from Etoro Contact France…
I believe there’s a lot of interest about i do get a lot of questions asking me about the platform so i thought i would do a fast video simply taking you through the pros and cons the things that i think are great 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 provide it a go let’s dive directly in so the first big pro for me is the truth that they have analyst scores and research i definitely like this it’s got a whole page for each of the stocks simply telling you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it provides you the price 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 purchasing and the expert transactions also so it just shows you whether experts have actually purchased the shares um over the last couple of months or not i believe this is absolutely fantastic 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 truth that your currency is held in u.s dollars so i guess this is subjective however i think this reduces your foreign exchange threat so in theory you could simply top up a bigger quantity when the currency remains in your favor and simply 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 happen you just pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it gives you gain access to not just to stocks but likewise to products and cryptocurrency clearly this isn’t actually something that beginners ought 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 aspect of the platform so you can literally enter and speak to people talk about post see what individuals are publishing about each private stock almost have like conversations about it and you can really take a look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in including the popular traders you can see the revenues they have actually made and everything it is very transparent and i think it’s truly great due to the fact that you frequently get like notices saying thus many people are speaking about tesla right now like see all the posts
here and it’s truly cool just to see what individuals are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 options i think i’ve 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 have actually talked about this before however they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform since they’ve got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the final pro from my perspective is it’s just got a truly good design control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a truly really nice desktop version it looks truly tidy easy to use i didn’t actually have any issues with finding out what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click 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 clean and really good and in fact has a lot of data on the main portfolio page which i really like now for the cons i believe there are 3 main cons in regards to in my opinion plainly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i use them myself but ones to be aware of 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 typical trading platform are integrated into one it makes it quite simple for individuals 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 basically among the primary reasons that i do utilize them so it’s not really something to stress over inadvertently doing but i usually believe that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know numerous individuals who’ve lost quite a lot of money um not on in fact but still trading cfds so i believe usually there should probably be a bit more it’s going to state guideline but just generally a little more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i discuss is people complaining about the costs now yes whilst you might compare to specific platforms that have lower charges there are likewise loads of platforms that have much higher charges so roundabouts and swings actually it all depends upon the big picture um they have a five dollar withdrawal charge is that really that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 truly matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other costs on their charge page but usually the real investing into stocks is commission totally free so once you’ve topped up you can do as lots of transactions as you want in regards to purchasing underlying assets without paying additional charges and finally the last con from me is the portfolio history so i find it a bit hard to figure out sort of what i have actually 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 actually like to see all of the investments if possible and also i’ve still not actually figured out the dividends and how that shows up so that potentially is like a bit of a 50 50 for me not quite sure yet to see this area that’s practically it if you are interested in providing a go i do have a referral link down listed below that you can use and you do not even need to top up you can just utilize the virtual portfolio at first just to see what you think learn the platform and after that decide on whether you wish to use it or not so i ‘d like to understand your thoughts if you do try it out what you think of it and yeah that’s basically it for th.