the agreement remains in terms of our analysts stating to buy to hold to offer the stock all the rankings where it’s originated from Etoro Vs Luno…
so i believe 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 simply taking you through the benefits and drawbacks 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 decision on whether or not you want to give it a go let’s dive directly in so the first big pro for me is the reality that they have expert ratings and research study i absolutely enjoy this it’s got an entire page for each of the stocks just telling you what experts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it provides 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 offering or buying and the expert deals too so it just shows you whether insiders have actually purchased the shares um over the last few months or not i think this is definitely excellent and displayed in an actually easy format so for me this is a huge plus for the platform a 2nd big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i think this lessens your foreign exchange risk so in theory you might just top up a larger quantity when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges every time that you make a deal whereas here that does not occur you just 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 huge pro of the platform in my opinion is that it gives you access not simply to stocks however also to products and cryptocurrency certainly this isn’t really something that beginners need to meddle however it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally enter and talk to individuals comment on post see what individuals are publishing about each individual stock almost have like conversations about it and you can actually look at people’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the profits they’ve made and whatever it is extremely transparent and i believe it’s really excellent since you typically get like notices saying like so lots of 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 is in my opinion the copy portfolios so they have 2 alternatives i think i have actually mentioned prior to 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 before but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i believe it’s a huge plus of the platform since they have actually got loads of different styles of these portfolios um that you can pick from so that’s a substantial plus for me the final pro from my point of view is it’s just got a really great design control panel and the method 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 truly tidy easy to use i didn’t actually have any concerns with figuring out what to do i like that for each stock you can go in and see everything in one location you know you can click
on the chart you can click on the research study you can click on the news and it will just inform you all the news about that particular stock it’s truly cool and also your portfolio simply looks tidy and truly great and in fact has a great deal of information on the primary portfolio page which i truly like now for the cons i think there are 3 primary cons in regards to in my opinion plainly they’re not ones that have actually put me off using the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be knowledgeable about the very first one i think it is a bit too easy to trade cfds so because the cfd platform and the regular trading platform are incorporated into one it makes it rather simple for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and mistakenly open a cfd which is truly great and that’s practically among the primary factors that i do use them so it’s not truly something to worry about unintentionally doing however i typically think that a great deal of the platforms that use cfds ought to make it even harder to open cfds for retail financiers i understand quite a few people who have actually lost rather a lot of cash um not on really but still trading cfds so i believe typically there should probably be a bit more it’s going to state regulation however just typically a little bit 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 turns up a lot when i talk about is people complaining about the costs now yes whilst you might compare to specific platforms that have lower fees there are likewise loads of platforms that have much greater charges so swings and roundabouts actually everything depends upon the big picture um they have a 5 dollar withdrawal cost is that actually that much possibly if you’re constantly 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 actually matter most likely not so just weigh that up um when you when you look at it there’s a couple of other charges on their cost page but generally the actual investing into stocks is commission free so as soon as you’ve topped up you can do as many transactions as you desire in terms of purchasing underlying assets without paying extra fees and lastly the last con from me is the portfolio history so i discover it a little bit hard to figure out sort of what i have actually invested where i need to go into each private stock simply to see when i’ve 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 likewise i’ve still not really determined the dividends and how that appears so that possibly is like a little bit of a 50 50 for me not quite sure yet to view this space that’s pretty much it if you are interested in giving them a go i do have a recommendation link down below that you can utilize and you don’t even have to top up you can just use the virtual portfolio at first simply to see what you believe find out the platform and then decide on whether you want to utilize it or not so i ‘d love to know your ideas if you do try it out what you think of it and yeah that’s basically it for th.