the agreement is in terms of our analysts saying to purchase to hold to sell the stock all the ratings where it’s originated from Etoro Vs Gotrade…
so i think there’s a lot of interest about i do get a great deal of questions asking me about the platform so i believed i would do a fast video just taking you through the advantages and disadvantages the important things that i think are good about the platform and the important things i believe are bad about the platform and then you can decide on whether or not you wish to try let’s jump straight in so the first big pro for me is the fact that they have analyst scores and research i absolutely love this it’s got a whole page for each of the stocks simply informing you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it appears like it provides you the rate 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 expert transactions as well so it simply shows you whether experts have actually purchased the shares um over the last few months or not i believe this is absolutely fantastic and shown in an actually simple format so for me this is a huge plus for the platform a second big plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective however i believe this reduces your forex risk so in theory you could just top up a larger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx fees every time 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 certainly works finest if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it gives you access not simply to stocks but also to products and cryptocurrency clearly this isn’t really something that novices should meddle but it does have that option for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally go in and talk to individuals talk about post see what people are publishing about each specific stock practically have like conversations about it and you can in fact look at individuals’s portfolios so you can go into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the profits they’ve made and everything it is very transparent and i think it’s actually excellent because you frequently get like notices saying thus many people are talking about tesla today like see all the posts
here and it’s truly cool just to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have two options i believe i’ve mentioned before you can either copy private individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this prior to 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 truly cool and i think it’s a big plus of the platform because they’ve got loads of different styles of these portfolios um that you can choose from so that’s a huge plus for me the last pro from my viewpoint is it’s simply got a truly great layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a truly actually nice desktop version it looks really clean easy to use i didn’t actually have any problems with finding out what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click on the research you can click the news and it will simply tell you all the news about that particular stock it’s actually cool and likewise your portfolio just looks clean and actually great and in fact has a great deal of information on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i utilize them myself but ones to be knowledgeable about the first one i believe it is a bit too easy to trade cfds so since the cfd platform and the regular trading platform are incorporated into one it makes it rather easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and mistakenly open a cfd which is really good and that’s pretty much one of the main factors that i do utilize them so it’s not actually something to stress over inadvertently doing however i generally believe that a lot of the platforms that offer cfds should make it even harder to open cfds for retail investors i know several people who’ve lost quite a great deal of cash um not on in fact however still trading cfds so i believe usually there ought to most likely be a little bit more it’s going to state regulation but just generally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that turns up a lot when i discuss is individuals complaining about the fees now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much higher charges so swings and roundabouts actually everything depends on the big picture um they have a five dollar withdrawal cost is that really that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot however 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 actually matter most likely not so just weigh that up um when you when you take a look at it there’s a few other fees on their charge page but normally the real investing into stocks is commission complimentary so when you have actually topped up you can do as numerous deals as you want in terms of purchasing underlying possessions without paying additional costs and finally the last con from me is the portfolio history so i discover it a little bit tough to determine sort of what i have actually invested where i need to go into each individual stock just 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 actually like to see all of the investments if possible and likewise i have actually still not really figured out the dividends and how that appears so that possibly is like a bit of a 50 50 for me not quite sure yet to see this space that’s practically it if you have an interest in giving them 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 just use the virtual portfolio initially simply to see what you believe learn the platform and after that make a decision on whether you want to utilize it or not so i ‘d enjoy to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.