the consensus is in regards to our experts saying to purchase to hold to sell the stock all the rankings where it’s originated from Etoro Safe Money…
I believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed 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 offer it a go let’s jump directly in so the very first huge pro for me is the reality that they have analyst scores 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 looks like it gives 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 buying or selling and the expert transactions also so it simply reveals you whether experts have actually bought the shares um over the last few months or not i think this is definitely excellent and displayed in a truly easy format so for me this is a substantial plus for the platform a second big plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your forex threat so in theory you could simply top up a bigger quantity when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you need to pay the fx costs whenever that you make a deal whereas here that doesn’t happen you just pay the fx cost
What is social trading?
when you top up and when you withdraw and convert back to your own currency this obviously works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you access not just to stocks however likewise to commodities and cryptocurrency clearly this isn’t really something that novices need to dabble in but it does have that alternative 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 go in and talk to people comment on post see what individuals are posting about each individual stock nearly have like conversations about it and you can actually look at people’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the revenues they’ve made and everything it is really transparent and i believe it’s really great due to the fact that you frequently get like alerts saying thus lots of people are speaking about tesla today like see all the posts
here and it’s really cool just to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two choices i think i’ve discussed 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’ve discussed this prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my viewpoint um it’s actually cool and i believe it’s a huge plus of the platform due to the fact that they have actually got loads of different themes of these portfolios um that you can pick from so that’s a substantial plus for me the last pro from my point of view is it’s just got a truly good layout dashboard and the way it’s established so unlike the other platforms that i use at the moment they have a truly really good desktop variation it looks truly clean 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 whatever in one place you understand you can click
on the chart you can click the research study you can click the news and it will just inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks actually good and clean and in fact has a lot of information on the primary portfolio page which i truly like now for the cons i believe there are three main cons in terms of in my viewpoint 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 familiar with the first one i believe it is a bit too simple to trade cfds so because the cfd platform and the typical 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 just click a button and unintentionally open a cfd which is really excellent which’s basically one of the main reasons that i do use them so it’s not truly something to worry about accidentally doing however i normally believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i understand several people who have actually lost quite a lot of cash um not on actually but still trading cfds so i believe generally there ought to most likely be a bit more it’s going to say regulation but simply usually 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 shows 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 costs there are also loads of platforms that have much greater costs so swings and roundabouts truly all of it depends upon the big picture um they have a five dollar withdrawal cost is that really that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re only going to be securing like a thousand pounds at a time then does it actually matter most likely not so just weigh that up um when you when you take a look at it there’s a couple of other fees on their fee page but usually the actual investing into stocks is commission totally free so once you have actually topped up you can do as many transactions as you want in regards to purchasing underlying possessions without paying extra fees and finally the last con from me is the portfolio history so i find it a little bit difficult to find out sort of what i have actually invested where i need to go into each specific 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 truly like to see all of the investments if possible and also i have actually still not truly found out the dividends and how that appears so that potentially resembles a little bit of 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 recommendation link down listed below that you can utilize and you do not even need to top up you can simply utilize the virtual portfolio initially simply to see what you think learn the platform and then make a decision on whether you want to utilize it or not so i ‘d enjoy to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.