the agreement remains in regards to our analysts stating to buy to hold to offer the stock all the ratings where it’s originated from Etoro Vs Etrade…
I believe there’s a lot of curiosity about i do get a lot of questions 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 give it a go let’s jump directly in so the very first huge pro for me is the truth that they have expert scores and research study i definitely like this it’s got a whole page for each of the stocks simply informing you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it gives 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 purchasing or selling and the insider deals also so it just shows you whether insiders have bought the shares um over the last couple of months or not i believe this is definitely excellent and displayed in a truly easy format so for me this is a substantial plus for the platform a 2nd huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i think this minimizes your forex threat so in theory you could just top up a larger amount when the currency is in your favor and just hold the money waiting to invest it for a great deal of the platforms you have to pay the fx charges every time that you make a deal whereas here that does not occur 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 obviously works best if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it gives you access not simply to stocks however also to commodities and cryptocurrency obviously this isn’t really something that newbies should dabble in but it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk to people discuss post see what people are publishing about each specific stock nearly have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing including the popular traders you can see the earnings they’ve made and whatever it is extremely transparent and i believe it’s actually good because you frequently get like alerts saying like so lots of people are discussing tesla right now like see all the posts
here and it’s really cool simply to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 options i believe i’ve mentioned before you can either copy individual people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this before but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform because they have actually got loads of different themes of these portfolios um that you can choose from so that’s a big plus for me the last pro from my viewpoint is it’s just got an actually great design dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a truly really good desktop version it looks actually clean easy to use i didn’t actually have any problems with determining what to do i like that for each stock you can go in and see everything in one place you understand you can click
on the chart you can click the research study you can click the news and it will just tell you all the news about that specific stock it’s really cool and also your portfolio simply looks actually nice and tidy and actually has a great deal of data on the main portfolio page which i truly like now for the cons i think 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 know i’ve done portfolio updates i utilize them myself however ones to be aware of the very first one i think it is a bit too simple to trade cfds so due to the fact that the cfd platform and the typical trading platform are incorporated into one it makes it quite easy for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and inadvertently open a cfd which is really excellent and that’s practically one of the primary reasons that i do use them so it’s not truly something to stress over accidentally doing however i generally think that a great deal of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand quite a few individuals who’ve lost rather a lot of money um not on really but still trading cfds so i think typically there ought to most likely be a little bit more it’s going to state guideline however just usually a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that comes up a lot when i talk about is people complaining about the costs now yes whilst you may compare to particular platforms that have lower costs there are also loads of platforms that have much greater fees so roundabouts and swings really all of it depends upon the big picture um they have a five dollar withdrawal cost is that really that much perhaps if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 just weigh that up um when you when you look at it there’s a few other costs on their fee page but typically the real investing into stocks is commission free so as soon as you have actually 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 discover it a little bit difficult to determine 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 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 really like to see all of the investments if possible and also i’ve 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 see this space that’s basically it if you are interested in giving them a go i do have a referral link down below that you can use and you don’t even need to top up you can simply use the virtual portfolio at first just to see what you think discover the platform and then make a decision on whether you wish to utilize it or not so i ‘d like to understand your thoughts if you do try it out what you think about it and yeah that’s practically it for th.