the agreement is in terms of our experts saying to purchase to hold to offer the stock all the ratings where it’s come from Etoro France Impots…
so i believe there’s a great deal of interest about i do get a great deal of questions asking me about the platform so i believed i would do a quick video just taking you through the advantages and disadvantages the important things that i believe are great about the platform and the things i believe are bad about the platform and after that you can make a decision on whether you wish to try let’s dive straight in so the very first big pro for me is the fact that they have analyst scores and research study i absolutely enjoy this it’s got a whole page for each of the stocks simply telling you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it appears like it offers 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 purchasing or offering and the expert transactions also so it simply shows you whether insiders have actually purchased the shares um over the last couple of months or not i think this is absolutely terrific and displayed in an actually simple format so for me this is a huge plus for the platform a 2nd huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i think this decreases your foreign exchange danger so in theory you could simply top up a larger amount 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 costs every time that you make a deal whereas here that doesn’t 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 finest if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it provides you access not just to stocks however likewise to products and cryptocurrency certainly this isn’t actually something that beginners ought to meddle but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally go in and talk to people talk about post see what individuals are publishing about each specific stock nearly have like conversations about it and you can actually take a look at people’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the revenues they have actually made and whatever it is very transparent and i think it’s really excellent since you typically get like alerts saying like so many people are talking about tesla today like see all the posts
here and it’s really cool just to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have two options i think i’ve mentioned before you can either copy private individuals 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 just holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s really cool and i think it’s a big plus of the platform since they have actually got loads of different themes of these portfolios um that you can pick from so that’s a big plus for me the final pro from my viewpoint is it’s just got an actually nice design dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have a truly really good desktop version it looks really tidy easy to use i didn’t actually have any issues with figuring out what to do i like that for each stock you can enter and see everything in one place you understand you can click
on the chart you can click the research study you can click the news and it will just inform you all the news about that specific stock it’s actually cool and likewise your portfolio just looks truly nice and tidy and actually has a great deal of information on the primary portfolio page which i truly like now for the cons i think there are three main cons in terms of in my opinion clearly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i use them myself however ones to be familiar with the very first one i think it is a little bit too easy to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it rather easy for people to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and accidentally open a cfd which is actually great and that’s pretty much one of the main reasons that i do use them so it’s not actually something to fret about inadvertently doing however i typically believe that a great deal of the platforms that use cfds must make it even harder to open cfds for retail investors i understand several individuals who have actually lost quite a lot of cash um not on actually however still trading cfds so i believe normally there ought to most likely be a bit more it’s going to state regulation but just normally a little bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that comes up a lot when i discuss is individuals complaining about the costs now yes whilst you might compare to specific platforms that have lower costs there are likewise loads of platforms that have much higher costs so roundabouts and swings truly it all depends on the big picture um they have a 5 dollar withdrawal charge is that really that much perhaps if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly that’s a lot but if you’re investing long term and you’re only going to be taking out like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you look at it there’s a couple of other costs on their charge page however normally the actual investing into stocks is commission totally free so once you have actually topped up you can do as numerous deals as you want in regards to purchasing underlying assets without paying extra charges and finally the last con from me is the portfolio history so i find it a bit challenging to determine sort of what i have actually invested where i have to go into each individual stock simply 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 actually like to see all of the investments if possible and also i have actually still not really found out the dividends and how that shows up so that potentially is like a little bit of a 50 50 for me not quite sure yet to view this space that’s pretty much it if you have an interest in giving them a go i do have a referral link down listed below that you can use and you don’t even need to top up you can just utilize the virtual portfolio at first simply to see what you think learn the platform and then make a decision on whether you wish to use it or not so i ‘d love to know your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.