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 Crypto.Com…
so i think there’s a great deal of interest 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 advantages and disadvantages the things that i think are great about the platform and the things i think are bad about the platform and after that you can decide on whether you want to give it a go let’s dive straight in so the first big pro for me is the truth that they have analyst rankings and research i definitely 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 rate 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 buying or offering and the expert transactions as well so it just shows you whether insiders have actually bought the shares um over the last few months or not i believe this is absolutely fantastic and shown in a really simple format so for me this is a big plus for the platform a second substantial plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i think this reduces your forex risk so in theory you might just top up a larger amount when the currency remains in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx charges every time that you make a deal whereas here that does not happen you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it gives you access not simply to stocks but likewise to commodities and cryptocurrency certainly this isn’t really something that novices ought to meddle 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 aspect of the platform so you can actually go in and talk to individuals talk about post see what individuals are posting about each private stock almost have like discussions about it and you can actually take a look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the earnings they’ve made and whatever it is very transparent and i believe it’s really great since you typically get like alerts saying 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 is in my viewpoint the copy portfolios so they have 2 choices i think i have actually discussed prior to you can either copy specific 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 but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s actually cool and i believe it’s a big plus of the platform due to the fact that they have actually got loads of different styles 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 just got an actually good design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly actually great desktop version it looks really tidy easy to use i didn’t actually 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 know you can click
on the chart you can click the research you can click on the news and it will simply tell you all the news about that particular stock it’s truly cool and likewise your portfolio just looks tidy and truly nice and in fact has a great deal of information on the main portfolio page which i actually like now for the cons i think there are three main cons in regards to in my opinion clearly 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 knowledgeable about the very first one i think it is a bit too simple to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it quite easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and unintentionally open a cfd which is truly great which’s practically one of the primary reasons that i do utilize them so it’s not truly something to fret about mistakenly doing but i usually believe that a great deal of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand several people who’ve lost rather a great deal of money um not on really however still trading cfds so i think usually there should most likely be a bit more it’s going to say guideline however just typically a bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that shows up a lot when i discuss is people complaining about the charges now yes whilst you might compare to certain platforms that have lower fees there are likewise loads of platforms that have much higher fees so swings and roundabouts actually everything depends upon the big picture um they have a five dollar withdrawal charge 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 however if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it truly matter probably not so just weigh that up um when you when you take a look at it there’s a few other fees on their fee page however usually the actual investing into stocks is commission totally free so as soon as you have actually topped up you can do as many deals as you desire in terms of buying underlying assets without paying additional fees and finally the last con from me is the portfolio history so i discover it a little bit hard to find out sort of what i’ve invested where i have to go into each specific stock just to see when i’ve invested into it and just 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 truly like to see all of the financial investments if possible and likewise i have actually still not truly figured out the dividends and how that appears so that potentially resembles a little a 50 50 for me not quite sure yet to see this area that’s practically 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 do not even need to top up you can simply utilize the virtual portfolio at first simply to see what you believe find out the platform and then decide on whether you wish to use it or not so i ‘d love to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.