the agreement is in regards to our analysts saying to buy to hold to sell the stock all the ratings where it’s originated from Etoro Vs Barclays…
so i think there’s a lot of curiosity 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 advantages and disadvantages the important things that i think are great about the platform and the things i believe are bad about the platform and after that you can make a decision on whether or not you wish to try let’s dive directly in so the very first big pro for me is the reality that they have analyst rankings and research study i absolutely enjoy this it’s got an entire page for each of the stocks simply telling you what analysts are saying and doing about the stock so you can see here for instance on johnson and johnson what it looks 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 offering or buying and the expert transactions too so it just reveals you whether insiders have bought the shares um over the last few months or not i believe this is definitely terrific and displayed in a really easy format so for me this is a substantial plus for the platform a second huge plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i believe this lessens your forex risk so in theory you could simply top up a larger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a deal whereas here that doesn’t occur you simply 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 3rd big pro of the platform in my opinion is that it provides you gain access to not simply to stocks but likewise to commodities and cryptocurrency clearly this isn’t really something that newbies ought to dabble in but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually enter and talk with people talk about post see what people are publishing about each private stock nearly have like conversations about it and you can really take a look at people’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they’ve made and everything it is really transparent and i believe it’s really excellent because you typically get like alerts saying thus many people are discussing tesla today like see all the posts
here and it’s truly cool just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two alternatives 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 have actually spoken about this prior to however they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s truly cool and i think it’s a big plus of the platform because they’ve got loads of different themes of these portfolios um that you can select from so that’s a substantial plus for me the final pro from my perspective is it’s just got an actually great design dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have an actually really good desktop variation it looks actually tidy easy to use i didn’t really have any concerns 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 tell you all the news about that particular stock it’s actually cool and likewise your portfolio just looks tidy and really nice and actually has a lot of data on the primary portfolio page which i actually like now for the cons i think there are 3 primary cons in terms of in my opinion plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i use them myself but ones to be knowledgeable about the very first one i believe it is a little bit too simple to trade cfds so because the cfd platform and the typical trading platform are incorporated 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 simply click a button and mistakenly open a cfd which is actually great which’s practically one of the primary reasons that i do utilize them so it’s not really something to fret about accidentally doing however i normally believe that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail investors i understand numerous individuals who’ve lost rather a great deal of cash um not on really however still trading cfds so i believe typically there should most likely be a bit more it’s going to state guideline but simply normally a little 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 speak about is individuals grumbling about the charges now yes whilst you may compare to certain platforms that have lower costs there are also loads of platforms that have much greater fees so swings and roundabouts actually it all depends on the big picture um they have a five dollar withdrawal fee is that actually that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 really matter probably not so simply weigh that up um when you when you take a look at it there’s a few other fees on their fee page but generally the real investing into stocks is commission free so when you have actually topped up you can do as many deals as you want in regards to buying underlying properties without paying additional 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 private stock just 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 likewise i have actually still not really found out the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to watch 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 don’t even need to top up you can just utilize the virtual portfolio initially simply to see what you think discover the platform and then make a decision on whether you want to use it or not so i ‘d enjoy to understand your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.