the agreement is in regards to our analysts saying to buy to hold to offer the stock all the scores where it’s originated from Etoro Germany…
so i believe there’s a great deal of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a quick video simply taking you through the advantages and disadvantages the important things that i believe are excellent about the platform and the things i believe are bad about the platform and after that you can make a decision on whether you want to try let’s jump straight in so the very first big pro for me is the truth that they have analyst scores and research study i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what analysts are doing and saying about the stock so you can see here for instance on johnson and johnson what it looks like it gives 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 offering or purchasing and the expert deals also so it just shows you whether insiders have actually bought the shares um over the last few months or not i believe this is absolutely excellent and displayed in an actually simple format so for me this is a big plus for the platform a second substantial plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange danger so in theory you might just top up a bigger amount when the currency is in your favor and just hold the money waiting to invest it for a great deal of the platforms you have to pay the fx charges 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 transform back to your own currency this certainly works best 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 however likewise to commodities and cryptocurrency obviously this isn’t actually something that novices need to meddle but it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and speak with people discuss post see what people are posting about each specific stock practically have like conversations about it and you can really take a look at individuals’s portfolios so you can go into anyone’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they’ve made and whatever it is really transparent and i think it’s truly excellent because you often get like alerts saying thus many people are discussing tesla today like see all the posts
here and it’s really cool simply 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 specific 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 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 really cool and i believe it’s a big plus of the platform because they have actually got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the last pro from my perspective is it’s just got an actually good layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have an actually truly nice desktop variation it looks actually clean easy to use i didn’t truly have any issues with figuring out 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 the research study you can click on the news and it will just tell you all the news about that specific stock it’s actually cool and also your portfolio simply looks tidy and truly good and really has a lot of information on the primary portfolio page which i actually like now for the cons i think there are three primary cons in terms of in my viewpoint clearly they’re not ones that have actually put me off utilizing 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 believe it is a little bit too simple 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
cautions in place and it’s not like you can simply click a button and unintentionally open a cfd which is actually excellent which’s basically among the main factors that i do utilize them so it’s not really something to worry about inadvertently doing but i normally think that a great deal of the platforms that use cfds must make it even harder to open cfds for retail investors i know numerous people who’ve lost quite a great deal of money um not on actually but still trading cfds so i believe generally there must probably be a little bit more it’s going to state policy but just usually a little more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i speak about is people complaining about the costs now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much higher costs so swings and roundabouts actually everything depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much perhaps if you’re constantly 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 just going to be taking out 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 couple of other charges on their cost page however generally the actual investing into stocks is commission totally free so as soon as you have actually topped up you can do as numerous deals as you desire in terms of buying underlying possessions without paying additional charges and finally the last con from me is the portfolio history so i find it a little bit difficult to find out sort of what i’ve invested where i have to go into each private 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 actually like to see all of the investments if possible and likewise i’ve still not truly determined the dividends and how that appears so that possibly is like a little bit of a 50 50 for me not quite sure yet to watch this space that’s practically it if you have an interest in giving them a go i do have a recommendation link down below that you can use and you do not even need to top up you can simply utilize the virtual portfolio initially just to see what you believe learn the platform and after that make a decision on whether you want to use it or not so i ‘d like to know your ideas if you do try it out what you think about it and yeah that’s basically it for th.