the consensus is in terms of our analysts saying to buy to hold to sell the stock all the scores where it’s come from Etoro Reviews Milano Finanza Mf…
so i think there’s a great deal of curiosity about i do get a great deal 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 important things that i think are great about the platform and the important things i believe are bad about the platform and then you can make a decision on whether or not you want to try let’s dive directly in so the very first big pro for me is the reality that they have analyst ratings and research study i absolutely like this it’s got a whole page for each of the stocks simply informing you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it appears like it provides you the price 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 purchasing and the expert transactions as well so it just shows you whether experts have actually bought the shares um over the last couple of months or not i believe this is absolutely excellent and shown in a really simple format so for me this is a huge plus for the platform a 2nd substantial 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 reduces your forex risk so in theory you might just top up a bigger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx fees whenever that you make a transaction whereas here that does not happen you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and convert back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks however also to commodities and cryptocurrency certainly this isn’t actually something that novices must meddle however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and speak to individuals talk about post see what people are publishing about each individual stock practically have like conversations about it and you can actually look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and whatever it is very transparent and i think it’s actually good because you frequently get like notices stating like so many individuals are speaking about tesla right now like see all the posts
here and it’s really cool simply to see what individuals are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 choices i think i have actually discussed before you can either copy private people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this before however they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform because they have actually got loads of different styles of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my perspective is it’s just got a really great layout control panel and the way it’s established so unlike the other platforms that i use at the moment they have a truly truly nice desktop variation it looks actually tidy easy to use i didn’t actually have any issues with determining what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click on the research you can click on the news and it will just tell you all the news about that specific stock it’s actually cool and likewise your portfolio just looks clean and truly great and actually has a great deal of data on the primary portfolio page which i actually like now for the cons i believe there are three 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 have actually done portfolio updates i use them myself however ones to be familiar with the very first one i believe it is a little 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
cautions in place and it’s not like you can simply click a button and unintentionally open a cfd which is truly great which’s pretty much one of the main factors that i do use them so it’s not truly something to fret about mistakenly doing but i generally believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail financiers i understand many individuals who’ve lost rather a great deal of money um not on in fact however still trading cfds so i believe generally there should most likely be a bit more it’s going to say policy however simply typically 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 fees so this is something that shows up a lot when i talk about is people grumbling about the charges now yes whilst you might compare to particular platforms that have lower charges there are also loads of platforms that have much greater costs so swings and roundabouts really all of it depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much maybe 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 only going to be securing like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other fees on their cost page however normally the actual investing into stocks is commission complimentary so as soon as you’ve topped up you can do as many transactions as you desire in regards to purchasing underlying assets without paying extra charges and finally the last con from me is the portfolio history so i find it a bit difficult to determine sort of what i’ve invested where i have to go into each specific 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 financial investments if possible and likewise i’ve still not truly found out the dividends and how that appears so that possibly is like a little a 50 50 for me not quite sure yet to watch this space that’s practically it if you are interested in giving them a go i do have a recommendation link down below that you can use and you do not even have to top up you can just use the virtual portfolio initially simply to see what you believe find out the platform and then make a decision on whether you wish to use it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s practically it for th.