the consensus remains in terms of our analysts saying to buy to hold to sell the stock all the ratings where it’s originated from Etoro Questions…
so i believe there’s a great deal of interest about i do get a great deal of concerns 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 excellent about the platform and the important things i believe are bad about the platform and then you can make a decision on whether you want to try let’s jump directly in so the very first huge pro for me is the fact that they have analyst ratings and research i absolutely love this it’s got a whole page for each of the stocks simply informing 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 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 insider deals also so it simply shows you whether insiders have actually bought the shares um over the last few months or not i think this is definitely great and shown in an actually simple format so for me this is a big plus for the platform a 2nd huge plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your foreign exchange threat so in theory you could just top up a larger amount when the currency remains 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 doesn’t occur you just pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this clearly works finest if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you access not simply to stocks but likewise to products and cryptocurrency undoubtedly this isn’t really something that newbies must meddle but it does have that choice for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and talk to individuals talk about post see what individuals are publishing about each specific stock practically have like conversations about it and you can really look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they have actually made and whatever it is very transparent and i think it’s truly excellent because you frequently get like notifications stating like so many individuals are speaking about tesla today like see all the posts
here and it’s truly cool just to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i think i’ve mentioned before you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this before but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i believe it’s a big plus of the platform due to the fact that they’ve got loads of various styles of these portfolios um that you can pick from so that’s a big plus for me the last pro from my perspective is it’s just got a truly good design control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a really really great desktop version it looks actually tidy easy to use i didn’t truly have any problems with determining what to do i like that for each stock you can go in and see everything in one place you know you can click
on the chart you can click the research you can click the news and it will just inform you all the news about that particular stock it’s really cool and likewise your portfolio just looks actually nice and tidy and really has a great deal of data on the main portfolio page which i actually like now for the cons i believe there are 3 main cons in regards to in my opinion plainly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of 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 easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can just click a button and unintentionally open a cfd which is actually great and that’s practically among the main reasons that i do use them so it’s not actually something to worry about accidentally doing but i normally believe that a lot of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i understand quite a few people who’ve lost rather a lot of money um not on actually however still trading cfds so i believe typically there need to probably be a bit more it’s going to state regulation but simply usually a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that turns up a lot when i talk about is individuals grumbling about the charges now yes whilst you might compare to specific platforms that have lower fees there are likewise loads of platforms that have much higher charges so swings and roundabouts truly everything depends upon the big picture um they have a five dollar withdrawal charge 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 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 look at it there’s a couple of other fees on their fee page but generally the actual investing into stocks is commission totally free so when you’ve topped up you can do as lots of deals as you want in terms of buying underlying properties without paying additional charges and finally the last con from me is the portfolio history so i find it a bit difficult to figure out sort of what i have actually invested where i have to go into each individual stock simply to see when i’ve invested into it and just 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 truly like to see all of the investments if possible and likewise i have actually still not actually figured out the dividends and how that appears so that potentially is like a bit of a 50 50 for me not quite sure yet to see this space that’s practically it if you have an interest in providing a go i do have a referral link down listed below that you can utilize and you do not even have to top up you can simply utilize the virtual portfolio at first simply to see what you think find out the platform and then make a decision on whether you want to use it or not so i ‘d enjoy to understand your thoughts if you do try it out what you think of it and yeah that’s basically it for th.