the agreement remains in terms of our experts saying to buy to hold to sell the stock all the rankings where it’s come from Etoro Vs Bourse Direct…
so i think there’s a great deal of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a quick video just taking you through the advantages and disadvantages the things that i think are good about the platform and the things i think are bad about the platform and then you can make a decision on whether you want to give it a go let’s jump straight in so the very first huge pro for me is the fact that they have analyst rankings and research study i absolutely enjoy this it’s got a whole page for each of the stocks just 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 offers 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 offering and the insider deals too so it simply reveals you whether experts have purchased the shares um over the last few months or not i believe this is absolutely great and displayed in a really easy format so for me this is a big plus for the platform a 2nd huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange danger so in theory you might simply top up a larger 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 have to pay the fx fees 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 best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you gain access to not just to stocks but likewise to products and cryptocurrency clearly this isn’t actually something that newbies need to dabble in however it does have that option for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally go in and speak to people comment on post see what individuals are publishing about each specific stock nearly have like conversations about it and you can actually take a look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the revenues they have actually made and whatever it is very transparent and i think it’s really good due to the fact that you typically get like notifications saying thus many people are talking about tesla today like see all the posts
here and it’s really cool just to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have two choices i think i have actually pointed out before you can either copy specific 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 just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s actually cool and i think it’s a substantial 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 huge plus for me the last pro from my point of view is it’s simply got an actually nice design control panel and the way it’s set up so unlike the other platforms that i use at the moment they have an actually actually great desktop version it looks really clean easy to use i didn’t truly have any problems with determining what to do i like that for each stock you can enter and see whatever in one location you know you can click
on the chart you can click the research you can click the news and it will simply inform you all the news about that specific stock it’s actually cool and also your portfolio simply looks clean and really great and actually has a lot of information on the main portfolio page which i actually like now for the cons i believe there are 3 main cons in terms of in my opinion clearly they’re not ones that have put me off utilizing the platform um you know 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 easy to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it quite simple for individuals to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and accidentally open a cfd which is really excellent and that’s pretty much one of the main factors that i do use them so it’s not really something to fret about inadvertently doing but i generally believe that a great deal of the platforms that provide cfds should make it even harder to open cfds for retail investors i understand numerous people who’ve lost rather a great deal of money um not on really however still trading cfds so i think normally there must probably be a little bit more it’s going to say guideline but simply usually a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i talk about is individuals grumbling about the fees now yes whilst you may compare to particular platforms that have lower charges there are likewise loads of platforms that have much greater charges so roundabouts and swings truly all of it depends on the big picture um they have a five dollar withdrawal fee is that truly that much maybe if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly 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 really matter most likely not so simply weigh that up um when you when you look at it there’s a few other charges on their charge page but typically the actual investing into stocks is commission free so as soon as you’ve topped up you can do as lots of transactions as you want in regards to purchasing underlying possessions without paying additional fees and lastly the last con from me is the portfolio history so i find it a bit tough to find out sort of what i’ve 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 actually like to see all of the financial investments if possible and also i have actually still not really figured out the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to enjoy this space that’s basically it if you have an interest in giving them a go i do have a recommendation link down listed below that you can use and you don’t even have to top up you can simply utilize the virtual portfolio at first simply to see what you think find out the platform and then decide on whether you wish to utilize it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.