the agreement remains in terms of our analysts saying to buy to hold to offer the stock all the scores where it’s originated from Etoro Is Safe…
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 fast video just taking you through the pros and cons the things that i believe are great about the platform and the things i believe are bad about the platform and then you can make a decision on whether or not you desire to provide it a go let’s jump straight in so the first big pro for me is the reality that they have expert ratings and research i definitely like this it’s got a whole page for each of the stocks just informing you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it gives 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 offering or buying and the insider transactions also so it just shows you whether experts have bought the shares um over the last couple of months or not i believe this is absolutely terrific and displayed in a truly simple format so for me this is a big plus for the platform a 2nd big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i believe this reduces your foreign exchange threat so in theory you could simply top up a larger amount when the currency is in your favor and simply 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 does not happen you just 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 third big pro of the platform in my opinion is that it offers you access not just to stocks however also to commodities and cryptocurrency obviously this isn’t truly something that newbies ought to meddle but it does have that alternative 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 literally enter and talk with individuals discuss post see what people are posting about each specific stock nearly have like conversations about it and you can actually take a look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the revenues they have actually made and everything it is very transparent and i believe it’s truly great since you typically get like notices saying like so many people are talking about tesla today like see all the posts
here and it’s really cool simply to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have two choices i think 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 have actually talked about this before but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s really cool and i believe it’s a huge plus of the platform due to the fact that they have actually got loads of different themes of these portfolios um that you can select from so that’s a substantial plus for me the last pro from my perspective is it’s just got a really good design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually actually great desktop version it looks truly clean easy to use i didn’t truly have any issues with finding out what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click the research study you can click the news and it will simply inform you all the news about that specific stock it’s truly cool and likewise your portfolio just looks clean and actually great and in fact has a great deal of information on the primary portfolio page which i actually like now for the cons i think there are three main cons in terms of in my viewpoint plainly they’re not ones that have put me off utilizing the platform um you know i have actually done portfolio updates i use them myself but ones to be knowledgeable about the first one i think it is a bit too simple to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and inadvertently open a cfd which is truly good which’s practically one of the main factors that i do utilize them so it’s not actually something to fret about mistakenly doing but i usually believe that a great deal of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand numerous people who have actually lost rather a great deal of money um not on actually however still trading cfds so i believe normally there must most likely be a bit more it’s going to say policy however simply usually a little bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i discuss is people grumbling about the charges now yes whilst you may compare to certain platforms that have lower costs there are also loads of platforms that have much greater costs so swings and roundabouts truly everything depends on the big picture um they have a 5 dollar withdrawal cost 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 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 actually matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other charges on their cost page however generally the actual investing into stocks is commission complimentary so when you’ve topped up you can do as lots of transactions as you desire in terms of buying underlying possessions without paying extra costs and lastly the last con from me is the portfolio history so i find it a bit hard to determine sort of what i’ve invested where i need to go into each private stock just to see when i have actually 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 actually like to see all of the investments if possible and likewise i’ve still not really found out the dividends and how that shows up so that possibly resembles a little bit of a 50 50 for me not quite sure yet to view this space that’s basically it if you are interested in providing 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 just use the virtual portfolio initially simply to see what you believe find out the platform and then 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 pretty much it for th.