the agreement remains in terms of our experts stating to purchase to hold to sell the stock all the scores where it’s come from Etoro Vs Broker…
I believe 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 quick video just taking you through the pros and cons the things that i think are great about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you want to provide it a go let’s jump straight in so the very first big pro for me is the reality that they have expert ratings and research i definitely enjoy this it’s got a whole page for each of the stocks just telling you what experts are doing and stating 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 purchasing or selling and the insider transactions too so it simply shows you whether experts have actually purchased the shares um over the last few months or not i think this is definitely fantastic and shown in a truly easy format so for me this is a big plus for the platform a 2nd big plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i believe this minimizes your foreign exchange threat so in theory you could simply top up a bigger 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 costs each time that you make a transaction whereas here that does not happen you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this undoubtedly works best 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 just to stocks however also to products and cryptocurrency clearly this isn’t actually something that novices must dabble in but it does have that option 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 enter and speak to individuals discuss post see what people are posting about each specific stock almost have like conversations about it and you can actually take a look at people’s portfolios so you can enter 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 actually great since you frequently get like notifications saying thus lots of people are discussing tesla right now like see all the posts
here and it’s truly cool just to see what individuals are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i think i have actually mentioned 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’ve talked about this prior to but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform because they have actually got loads of different themes of these portfolios um that you can pick from so that’s a big plus for me the last pro from my perspective is it’s simply got a truly great design control panel and the way it’s established so unlike the other platforms that i use at the moment they have a truly truly good desktop version it looks really clean easy to use i didn’t truly have any concerns with determining what to do i like that for each stock you can enter and see everything in one place you understand you can click
on the chart you can click on the research study you can click on the news and it will simply tell you all the news about that specific stock it’s really cool and also your portfolio simply looks really good and tidy and in fact has a great deal of information on the primary portfolio page which i actually like now for the cons i think there are 3 main cons in regards to in my viewpoint plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of the very first one i think it is a bit too easy to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite simple for individuals to trade cfds now they do put
warnings in place and it’s not like you can just click a button and inadvertently open a cfd which is truly excellent which’s basically among the main reasons that i do use them so it’s not actually something to worry about mistakenly doing however i generally think that a great deal of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i understand quite a few individuals who’ve lost rather a great deal of money um not on in fact but still trading cfds so i think generally there must probably be a little bit more it’s going to say policy however just generally a little 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 discuss is individuals grumbling about the fees now yes whilst you may compare to particular platforms that have lower costs there are also loads of platforms that have much higher fees so roundabouts and swings truly everything depends upon the big picture um they have a 5 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 maybe that’s a lot but if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it actually matter most likely not so simply weigh that up um when you when you look at it there’s a couple of other costs on their fee page but usually the actual investing into stocks is commission complimentary so once you’ve topped up you can do as numerous transactions as you desire in terms of buying underlying possessions without paying extra charges and lastly the last con from me is the portfolio history so i discover it a bit difficult to find out sort of what i have actually invested where i have to go into each individual stock simply to see when i have actually invested into it and how much instead of 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 really like to see all of the investments if possible and also i have actually still not actually figured out the dividends and how that shows up so that potentially is like 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 recommendation link down listed below that you can utilize and you don’t even need to top up you can just use the virtual portfolio at first simply to see what you think learn the platform and after that decide on whether you wish to use it or not so i ‘d enjoy to know your ideas if you do try it out what you think of it and yeah that’s pretty much it for th.