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I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i believed i would do a quick video simply taking you through the pros and cons the things that i think are great about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you want to give it a go let’s dive directly in so the first big pro for me is the truth that they have analyst rankings and research study i definitely enjoy this it’s got an entire page for each of the stocks just telling you what analysts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it gives you the price 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 selling or purchasing and the insider deals too so it simply reveals you whether experts have purchased the shares um over the last few months or not i think this is definitely fantastic and displayed in a really simple format so for me this is a huge plus for the platform a 2nd big plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i think this lessens your forex threat so in theory you might simply top up a bigger amount when the currency is in your favor and just hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx charges every time that you make a deal whereas here that does not occur you just pay the fx charge

What is social trading?

when you top up and when you withdraw and transform back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it provides you access not simply to stocks however also to commodities and cryptocurrency clearly this isn’t truly something that beginners must dabble in 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 element of the platform so you can literally enter and talk with people discuss post see what people are publishing about each private stock nearly have like conversations about it and you can in fact look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the revenues they’ve made and everything it is extremely transparent and i believe it’s actually good due to the fact that you typically get like notices stating like so many individuals are talking about tesla today like see all the posts

here and it’s actually cool just to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 options i believe i’ve mentioned 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 spoken about this before however they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s really cool and i think it’s a big plus of the platform since 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 simply got an actually great design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually truly good desktop variation it looks actually clean easy to use i didn’t truly have any concerns with figuring out what to do i like that for each stock you can go in and see everything in one location you understand you can click

on the chart you can click on 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 likewise your portfolio simply looks tidy and truly nice and really has a lot of information on the primary portfolio page which i actually like now for the cons i believe there are 3 primary cons in regards to in my opinion plainly they’re not ones that have put me off utilizing the platform um you know i’ve done portfolio updates i use them myself however ones to be aware of the first one i think it is a bit too easy to trade cfds so because the cfd platform and the typical trading platform are integrated 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 just click a button and inadvertently open a cfd which is actually great which’s pretty much among the main reasons that i do use them so it’s not truly something to fret about accidentally doing but i typically think that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail investors i understand quite a few individuals who’ve lost quite a great deal of cash um not on really but still trading cfds so i believe normally there need to most likely be a bit more it’s going to state regulation however simply usually a little bit more like a few more

hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that turns up a lot when i talk about is people complaining about the charges now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much greater fees so roundabouts and swings truly it all depends on the big picture um they have a five dollar withdrawal fee 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 only going to be taking out like a thousand pounds at a time then does it really matter most likely not so just weigh that up um when you when you look at it there’s a few other charges on their cost page however generally the real investing into stocks is commission totally free so when you have actually topped up you can do as numerous deals as you desire in regards to buying underlying assets without paying extra charges and finally the last con from me is the portfolio history so i find it a bit tough to find out sort of what i have actually invested where i have to go into each private stock simply to see when i have actually 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 truly like to see all of the financial investments if possible and also i’ve still not really figured out the dividends and how that shows up so that potentially is like a little a 50 50 for me not quite sure yet to view this area that’s basically it if you are interested in giving them a go i do have a referral link down below that you can use and you do not even need to top up you can just utilize the virtual portfolio initially simply to see what you believe learn the platform and then make a decision on whether you wish to utilize it or not so i ‘d love to know your thoughts if you do try it out what you think about it and yeah that’s basically it for th.