the consensus remains in terms of our analysts stating to purchase to hold to sell the stock all the rankings where it’s come from Etoro Vs Naga…
I think there’s a lot of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick video simply 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 desire to provide it a go let’s jump straight in so the very first huge pro for me is the reality that they have expert rankings and research study i definitely enjoy this it’s got an entire page for each of the stocks just 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 purchasing or selling and the insider transactions also so it simply shows you whether experts have actually bought the shares um over the last couple of months or not i think this is definitely terrific 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 fact that your currency is kept in u.s dollars so i guess this is subjective however i think this lessens your foreign exchange risk so in theory you might simply top up a bigger amount when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx fees every time that you make a transaction whereas here that does not happen you simply pay the fx cost
What is social trading?
when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it gives you gain access to not just to stocks but also to commodities and cryptocurrency certainly this isn’t truly something that newbies must meddle however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally go in and talk with people discuss post see what individuals are publishing about each specific stock almost have like discussions about it and you can in fact take a 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 revenues they have actually made and whatever it is extremely transparent and i think it’s really good because you often get like notifications saying like so many individuals are talking about tesla today like see all the posts
here and it’s actually cool just to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i believe i’ve mentioned 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 talked about this before but they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform due to the fact that they’ve got loads of various themes of these portfolios um that you can pick from so that’s a big plus for me the last pro from my point of view is it’s just got a truly good design control panel and the way it’s established so unlike the other platforms that i use at the moment they have a really actually nice desktop variation it looks actually clean easy to use i didn’t truly have any concerns with finding 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 simply inform you all the news about that specific stock it’s actually cool and also your portfolio simply looks clean and truly nice and really has a great deal of information on the primary portfolio page which i really like now for the cons i believe there are three primary 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 familiar with the first one i believe it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated into one it makes it rather easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and mistakenly open a cfd which is really great and that’s pretty much among the main reasons that i do utilize them so it’s not really something to fret about mistakenly doing but i usually believe that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i know quite a few individuals who have actually lost quite a great deal of money um not on really however still trading cfds so i believe normally there need to probably be a little bit more it’s going to say regulation but simply generally a little 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 turns up a lot when i discuss is people grumbling about the charges now yes whilst you might compare to particular platforms that have lower fees there are also loads of platforms that have much greater fees so swings and roundabouts truly everything depends on the big picture um they have a 5 dollar withdrawal fee is that actually that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly that’s a lot however if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other fees on their fee page but 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 purchasing underlying properties without paying additional costs and lastly the last con from me is the portfolio history so i discover it a bit challenging to find out sort of what i’ve invested where i need to go into each specific 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 truly like to see all of the investments if possible and also i have actually still not really determined the dividends and how that shows up so that possibly resembles a bit of a 50 50 for me not quite sure yet to see this space that’s basically it if you have an interest in giving them a go i do have a referral link down below that you can use and you do not even have to top up you can just use the virtual portfolio at first just to see what you think learn the platform and then decide on whether you want to use it or not so i ‘d enjoy to understand your ideas if you do try it out what you think of it and yeah that’s basically it for th.