the consensus is in terms of our analysts saying to purchase to hold to offer the stock all the scores where it’s originated from Etoro Vs Binance Uk…
I believe 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 quick video just taking you through the pros and cons the things that i believe are excellent 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 give it a go let’s dive straight in so the first huge pro for me is the truth that they have analyst scores and research study i absolutely like this it’s got a whole page for each of the stocks simply telling you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it provides you the cost 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 insider transactions too so it just reveals you whether insiders have purchased the shares um over the last couple of months or not i think this is absolutely excellent and shown in a truly easy format so for me this is a substantial plus for the platform a 2nd big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your forex threat so in theory you could just top up a larger quantity when the currency remains in your favor and simply hold the money waiting to invest it for a great deal of the platforms you have to pay the fx fees every time that you make a transaction whereas here that doesn’t happen 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 3rd huge pro of the platform in my viewpoint is that it provides you gain access to not just to stocks but also to commodities and cryptocurrency obviously this isn’t truly something that newbies should meddle however it does have that alternative 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 actually enter and talk to individuals talk about post see what individuals are posting about each specific stock nearly have like conversations about it and you can really look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the earnings they have actually made and whatever it is really transparent and i believe it’s actually great due to the fact that you typically get like notifications saying like so lots of people are discussing tesla today like see all the posts
here and it’s truly cool just to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 options i think i have actually pointed out before you can either copy private individuals 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 just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s really cool and i believe 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 substantial plus for me the last pro from my perspective is it’s just got a really nice design control panel and the method it’s established so unlike the other platforms that i use at the moment they have an actually really great desktop variation it looks truly tidy easy to use i didn’t truly have any issues with determining what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click on the research study you can click the news and it will simply inform you all the news about that specific stock it’s really cool and likewise your portfolio just looks truly nice and clean and in fact has a lot of data on the primary portfolio page which i really like now for the cons i believe there are three primary cons in terms of in my opinion clearly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be familiar with the first one i think it is a bit too simple to trade cfds so due to the fact that the cfd platform and the normal trading platform are incorporated into one it makes it rather simple for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and accidentally open a cfd which is actually excellent and that’s practically among the primary reasons that i do utilize them so it’s not truly something to stress over accidentally doing however i typically believe that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail financiers i know numerous individuals who’ve lost quite a great deal of cash um not on really however still trading cfds so i believe usually there ought to most likely be a bit more it’s going to say regulation but just normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that turns up a lot when i talk about is people complaining about the fees now yes whilst you might compare to particular platforms that have lower fees there are also loads of platforms that have much higher fees so swings and roundabouts actually all of it 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 maybe that’s a lot but if you’re investing long term and you’re just 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 charge page however normally the real investing into stocks is commission totally free so once you’ve topped up you can do as lots of transactions 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 discover it a bit hard to determine 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 actually 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 potentially resembles a little bit of a 50 50 for me not quite sure yet to view this space that’s basically it if you have an interest in giving them a go i do have a referral link down below that you can utilize and you do not even need to top up you can simply use the virtual portfolio initially simply to see what you believe discover the platform and after that 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 practically it for th.