the consensus remains in terms of our analysts saying to purchase to hold to sell the stock all the ratings where it’s come from Etoro Copy Trading Reviews…
so i think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the advantages and disadvantages the things that i think are excellent about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you want to give it a go let’s jump directly in so the first big pro for me is the reality that they have expert ratings and research i absolutely enjoy this it’s got a whole page for each of the stocks simply informing you what experts are saying and doing about the stock so you can see here for instance on johnson and johnson what it looks like it gives you the price 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 offering and the expert deals also so it just shows you whether insiders have bought the shares um over the last few months or not i think this is absolutely excellent and shown in a truly simple format so for me this is a big plus for the platform a second huge plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i believe this lessens your forex threat so in theory you could just top up a bigger quantity when the currency remains in your favor and simply hold the money waiting to invest it for a great deal of the platforms you have to pay the fx fees each time that you make a transaction whereas here that does not occur 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 undoubtedly works best if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it provides you gain access to not simply to stocks but also to products and cryptocurrency certainly this isn’t truly something that novices should dabble in however it does have that choice 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 literally enter and talk with people talk about post see what individuals are publishing about each specific stock nearly have like discussions about it and you can really look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the revenues they have actually made and whatever it is really transparent and i believe it’s actually great because you typically get like alerts stating like so lots of people are discussing tesla right now like see all the posts
here and it’s actually cool just to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two options i believe i’ve pointed out prior to you can either copy specific 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 however they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s type 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 choose from so that’s a huge plus for me the final pro from my point of view is it’s simply got a truly good layout dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a really actually good desktop version it looks actually clean easy to use i didn’t actually have any problems with figuring out what to do i like that for each stock you can go in 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 tell you all the news about that specific stock it’s actually cool and also your portfolio just looks truly good and tidy and really has a lot of information on the main portfolio page which i really like now for the cons i think there are three main cons in terms of in my opinion plainly they’re not ones that have put me off utilizing the platform um you understand i’ve done portfolio updates i use them myself but ones to be aware of the very first one i think it is a bit too simple to trade cfds so since 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 just click a button and accidentally open a cfd which is really great which’s practically one of the main factors that i do use them so it’s not really something to worry about inadvertently doing but i usually believe that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i understand quite a few individuals who’ve lost quite a lot of money um not on actually but still trading cfds so i believe usually there ought to probably be a little bit more it’s going to say regulation however simply normally a little more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that shows up a lot when i discuss is individuals complaining about the costs now yes whilst you may compare to specific platforms that have lower fees there are likewise loads of platforms that have much greater fees so roundabouts and swings actually everything depends on the big picture um they have a five dollar withdrawal cost is that actually that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re only going to be securing like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you take a look at it there’s a few other fees on their cost page however generally the real investing into stocks is commission totally free so when you’ve topped up you can do as many deals as you want in terms of buying underlying assets without paying extra charges and lastly the last con from me is the portfolio history so i discover it a bit difficult to figure out sort of what i have actually invested where i need to go into each individual stock just to see when i’ve invested into it and 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 really like to see all of the financial investments if possible and also i’ve still not actually determined the dividends and how that shows up so that possibly is like a little bit of a 50 50 for me not quite sure yet to view this space that’s basically it if you have an interest in giving them a go i do have a recommendation link down listed below that you can utilize and you do not even need to top up you can just utilize the virtual portfolio initially just to see what you think find out the platform and after that decide on whether you want to use it or not so i ‘d enjoy to know your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.