the consensus remains in regards to our experts saying to buy to hold to offer the stock all the ratings where it’s come from Etoro Knowledge Questions…
so i believe 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 advantages and disadvantages the things that i believe are good about the platform and the things i believe are bad about the platform and after that you can decide on whether you wish to try let’s dive directly in so the very first big pro for me is the truth that they have expert scores and research study i definitely love this it’s got a whole page for each of the stocks simply telling you what analysts are doing and saying about the stock so you can see here for instance on johnson and johnson what it appears like it provides you the rate 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 selling or buying and the expert transactions also so it simply shows you whether insiders have actually purchased the shares um over the last few months or not i believe this is absolutely great and shown in an actually simple format so for me this is a big plus for the platform a 2nd big 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 forex danger so in theory you could just top up a larger 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 every time that you make a deal whereas here that does not occur you simply pay the fx charge
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 opinion is that it provides you access not simply to stocks but also to products and cryptocurrency certainly this isn’t actually something that newbies should meddle however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually go in and speak to individuals discuss post see what people are posting about each private stock almost have like conversations about it and you can in fact take a look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the profits they’ve made and whatever it is very transparent and i believe it’s truly good due to the fact that you often get like alerts stating thus lots of people are talking about tesla today like see all the posts
here and it’s really cool just to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i believe i have actually mentioned prior to 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 have actually talked about this before but they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my viewpoint um it’s truly cool and i think it’s a substantial plus of the platform due to the fact that they’ve got loads of various styles of these portfolios um that you can select from so that’s a huge plus for me the final pro from my viewpoint is it’s just got a really nice layout dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have a truly really nice desktop variation it looks actually 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 place you understand you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that particular stock it’s really cool and also your portfolio simply looks tidy and truly great and actually has a lot of information on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself but ones to be aware of the very first one i believe it is a little bit too simple to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite 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 mistakenly open a cfd which is truly good and that’s practically one of the main factors that i do utilize them so it’s not really something to stress over accidentally doing however i normally think that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i understand several people who’ve lost quite a great deal of money um not on actually but still trading cfds so i believe generally there need to probably be a little bit more it’s going to state regulation but just normally a little bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that turns up a lot when i speak about is individuals grumbling about the fees now yes whilst you might compare to specific platforms that have lower charges there are likewise loads of platforms that have much greater charges so roundabouts and swings really it all depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much perhaps if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you look at it there’s a few other charges on their fee page however typically the real investing into stocks is commission totally free so once you’ve topped up you can do as many deals as you want in terms of buying underlying assets without paying additional charges and lastly the last con from me is the portfolio history so i discover it a little 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 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 have actually still not truly determined 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 watch this space that’s practically it if you have an interest in providing a go i do have a recommendation link down listed below that you can use and you do not even have to top up you can simply use the virtual portfolio at first simply to see what you think discover the platform and then make a decision on whether you want to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.