the consensus remains in terms of our analysts stating to buy to hold to sell the stock all the scores where it’s originated from Etoro Vs Bittrex…
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 fast video simply taking you through the pros and cons the things that i think are excellent 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 offer it a go let’s dive directly in so the very first big pro for me is the fact that they have expert ratings and research i absolutely enjoy this it’s got a whole page for each of the stocks simply informing 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 buying and the insider transactions as well so it just shows you whether insiders have actually purchased the shares um over the last few months or not i believe this is absolutely great and displayed in an actually easy format so for me this is a substantial plus for the platform a second substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i believe this reduces your foreign exchange risk so in theory you could simply top up a bigger quantity when the currency remains in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs each time that you make a transaction whereas here that does not happen you just pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it gives you gain access to not simply to stocks but also to commodities and cryptocurrency obviously this isn’t really something that beginners need to dabble in however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and talk to people discuss post see what individuals are publishing about each individual stock practically have like discussions about it and you can in fact take a look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are purchasing including the popular traders you can see the revenues they have actually made and everything it is very transparent and i believe it’s truly good because you often get like notifications stating thus lots of people are talking about tesla today like see all the posts
here and it’s actually cool simply to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i believe i have actually pointed out prior to 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 before however they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform since they’ve got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the last pro from my perspective is it’s simply got an actually nice layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a really actually good desktop version it looks actually tidy easy to use i didn’t truly have any problems with figuring out 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 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 really great and actually has a great deal of data on the primary portfolio page which i really like now for the cons i believe there are three main cons in terms of in my viewpoint clearly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize 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 regular trading platform are incorporated into one it makes it quite easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can just click a button and unintentionally open a cfd which is truly good which’s basically among the main factors that i do use them so it’s not actually something to worry about accidentally doing however i usually believe that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know several people who’ve lost quite a lot of cash um not on really however still trading cfds so i believe usually there should probably be a little bit more it’s going to say guideline however simply normally a little more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i discuss is people complaining about the costs now yes whilst you might compare to particular platforms that have lower fees there are also loads of platforms that have much greater costs so swings and roundabouts truly it all depends on the big picture um they have a 5 dollar withdrawal cost is that truly that much perhaps 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 just going to be securing like a thousand pounds at a time then does it truly matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other costs on their charge page however usually the actual investing into stocks is commission totally free so as soon as you’ve topped up you can do as many deals as you want in terms of purchasing underlying properties without paying extra charges and finally the last con from me is the portfolio history so i discover it a bit challenging to figure out sort of what i’ve invested where i have to go into each individual stock just to see when i’ve 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 really determined the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to watch this space that’s basically it if you have an interest in providing a go i do have a referral link down listed below that you can utilize and you don’t even need to top up you can simply utilize the virtual portfolio initially just to see what you think discover the platform and then decide 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 pretty much it for th.