the agreement remains in regards to our experts stating to buy to hold to offer the stock all the rankings where it’s come from Etoro Questions Answers…
I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i thought i would do a fast video simply taking you through the pros and cons the things that i believe are good 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 want to provide it a go let’s dive straight in so the first huge pro for me is the fact that they have expert ratings and research i definitely love this it’s got an entire page for each of the stocks just informing you what analysts 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 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 offering or purchasing and the expert transactions too so it just reveals you whether insiders have actually bought the shares um over the last couple of months or not i think this is definitely excellent and displayed in a truly simple format so for me this is a huge 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 however i think this minimizes your foreign exchange threat so in theory you might just top up a bigger 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 fees whenever that you make a deal whereas here that doesn’t occur you simply pay the fx cost
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when you top up and when you withdraw and transform back to your own currency this obviously works finest if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it provides you access not simply to stocks however also to products and cryptocurrency undoubtedly this isn’t truly something that novices should meddle but it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally enter and talk to individuals discuss post see what individuals are publishing about each individual stock almost have like discussions about it and you can really 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 consisting of the popular traders you can see the profits they’ve made and whatever it is very transparent and i think it’s actually great due to the fact that you often get like notifications saying like so many people are discussing tesla right now like see all the posts
here and it’s actually cool simply to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i think i’ve pointed out before you can either copy individual people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve spoken about this prior to however they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s actually cool and i believe it’s a big plus of the platform due to the fact that they’ve 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 great design dashboard and the way it’s established so unlike the other platforms that i use at the moment they have a truly really nice desktop version it looks truly tidy easy to use i didn’t truly have any concerns with finding out what to do i like that for each stock you can go in and see whatever in one location you know you can click
on the chart you can click the research you can click on the news and it will simply inform you all the news about that specific stock it’s truly cool and also your portfolio simply looks clean and actually good and actually has a lot of information on the main portfolio page which i actually like now for the cons i think there are three main cons in regards to in my viewpoint clearly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be familiar with the very first one i think it is a bit too easy to trade cfds so since the cfd platform and the normal trading platform are integrated into one it makes it rather 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 mistakenly open a cfd which is really great and that’s practically among the primary factors that i do utilize them so it’s not truly something to worry about unintentionally doing however i generally think that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail investors i understand quite a few individuals who’ve lost rather a lot of money um not on actually however still trading cfds so i believe usually there ought to most likely be a little bit more it’s going to state regulation but just normally a bit more like a few more
hoops to jump 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 discuss is people grumbling about the costs now yes whilst you might compare to particular platforms that have lower fees there are also loads of platforms that have much greater charges so swings and roundabouts truly everything depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much perhaps if you’re continuously withdrawing l.
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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 actually matter most likely not so simply weigh that up um when you when you look at it there’s a few other fees on their charge page however usually the real investing into stocks is commission complimentary so when you have actually topped up you can do as many deals as you want in terms of purchasing underlying properties without paying additional charges and finally the last con from me is the portfolio history so i discover it a little bit challenging to find out sort of what i’ve invested where i have to go into each individual stock just to see when i’ve invested into it and just 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 really like to see all of the investments if possible and also i’ve still not truly figured out the dividends and how that shows up so that possibly is like a little a 50 50 for me not quite sure yet to watch this space that’s pretty much 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 don’t even have to top up you can simply utilize the virtual portfolio at first just to see what you think find out the platform and after that make a decision on whether you want to utilize it or not so i ‘d enjoy to understand your ideas if you do try it out what you consider it and yeah that’s basically it for th.