the consensus remains in regards to our experts saying to purchase to hold to sell the stock all the ratings where it’s come from Etoro Vs Revolut Stocks…
I believe there’s a lot 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 pros and cons the things that i think are great about the platform and the things i think are bad about the platform and then you can make a choice on whether or not you want to offer it a go let’s jump straight in so the first big pro for me is the truth that they have expert scores and research study i definitely like this it’s got an entire page for each of the stocks simply informing you what analysts are doing and saying 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 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 expert transactions as well so it simply reveals you whether insiders have bought the shares um over the last few months or not i believe this is absolutely terrific and shown in a truly easy format so for me this is a big plus for the platform a second huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your forex threat so in theory you might just top up a larger amount 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 fees each time that you make a transaction whereas here that doesn’t happen you just pay the fx cost
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 gain access to not just to stocks but also to commodities and cryptocurrency obviously this isn’t really something that novices should dabble in however it does have that option for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually go in and speak to people discuss post see what people are publishing about each private stock nearly have like discussions about it and you can actually look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they’ve made and everything it is really transparent and i think it’s truly good due to the fact that you typically get like notices stating like so many individuals are speaking about tesla right now 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 2 choices i think i have actually discussed before 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 spoken about this prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s really cool and i think it’s a huge plus of the platform because they have actually 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 viewpoint is it’s just got a really great design dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a truly actually good desktop version it looks really tidy easy to use i didn’t really have any concerns with figuring out what to do i like that for each stock you can enter and see whatever in one location you know you can click
on the chart you can click the research you can click the news and it will simply inform you all the news about that particular stock it’s actually cool and also your portfolio simply looks actually nice and tidy and really has a lot of information on the main portfolio page which i actually like now for the cons i believe there are three primary cons in terms of in my opinion plainly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i utilize them myself but ones to be knowledgeable about the first one i believe it is a little bit too easy to trade cfds so since the cfd platform and the regular trading platform are incorporated into one it makes it quite 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 actually good which’s practically one of the main factors that i do utilize them so it’s not truly something to fret about unintentionally doing but i usually think that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i know several individuals who’ve lost quite a lot of money um not on really but still trading cfds so i believe normally there ought to most likely be a bit more it’s going to state policy however just normally a bit more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that shows up a lot when i speak about is individuals complaining about the fees now yes whilst you might compare to certain platforms that have lower charges there are also loads of platforms that have much greater charges so roundabouts and swings actually it all depends on the big picture um they have a 5 dollar withdrawal charge 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 maybe 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 costs on their charge page however usually the real investing into stocks is commission complimentary so once you’ve topped up you can do as numerous transactions as you desire in terms of buying underlying possessions without paying extra charges and lastly the last con from me is the portfolio history so i find it a bit difficult to determine sort of what i’ve invested where i have to go into each individual stock simply 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 financial investments if possible and also i have actually still not really figured out the dividends and how that shows up so that possibly is like a little a 50 50 for me not quite sure yet to view this area that’s practically it if you are interested in providing a go i do have a recommendation link down listed below that you can use and you do not even have to top up you can simply use the virtual portfolio initially just to see what you believe learn the platform and after that make a decision on whether you want to use it or not so i ‘d enjoy to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.