the consensus remains in regards to our analysts saying to buy to hold to offer the stock all the rankings where it’s originated from Etoro Vs Swissborg…
I think 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 believe are bad about the platform and then you can make a decision on whether or not you want to offer it a go let’s dive straight in so the first big pro for me is the fact that they have analyst scores and research i absolutely like this it’s got a whole page for each of the stocks just telling you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it offers you the price 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 offering and the insider transactions as well so it just shows you whether experts have bought the shares um over the last couple of months or not i think this is absolutely excellent and displayed in a truly easy format so for me this is a big plus for the platform a second huge plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i think this minimizes your foreign exchange risk so in theory you might simply top up a bigger amount when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx fees every time that you make a deal whereas here that doesn’t occur you just pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this obviously works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it gives you access not just to stocks but likewise to products and cryptocurrency clearly this isn’t actually something that beginners need to meddle but it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually go in and talk to individuals talk about post see what individuals are posting about each specific stock nearly have like conversations about it and you can in fact look at individuals’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the revenues they have actually made and whatever it is very transparent and i believe it’s really great because you typically get like notifications stating like so many individuals are talking about tesla right now like see all the posts
here and it’s really cool just to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have two options i believe i have actually mentioned prior to you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this before however they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s actually cool and i think it’s a huge plus of the platform because they have actually got loads of various styles of these portfolios um that you can pick from so that’s a big plus for me the final pro from my point of view is it’s simply got a really nice 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 really good desktop version it looks actually tidy easy to use i didn’t really have any issues with figuring out 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 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 actually cool and likewise your portfolio just looks clean and really great and actually has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are three main cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i use them myself but ones to be knowledgeable about the first one i believe it is a little bit too easy to trade cfds so because the cfd platform and the normal trading platform are integrated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is truly good and that’s practically among the primary reasons that i do use them so it’s not actually something to stress over accidentally doing however i normally think that a great deal of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i know quite a few people who’ve lost quite a lot of money um not on really but still trading cfds so i believe generally there ought to probably be a little bit more it’s going to say guideline however simply normally a little 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 talk about is people complaining about the charges now yes whilst you might compare to particular platforms that have lower costs there are likewise loads of platforms that have much greater costs so swings and roundabouts truly it all depends on the big picture um they have a five dollar withdrawal charge is that actually that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly 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 truly matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other charges on their cost page but usually the real investing into stocks is commission free so as soon as you have actually topped up you can do as lots of deals as you want in regards to buying underlying possessions without paying additional charges 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 have actually invested where i have to go into each specific stock just 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 financial investments if possible and likewise i’ve still not truly determined the dividends and how that shows up so that potentially is like a little a 50 50 for me not quite sure yet to watch this area that’s practically it if you are interested in providing a go i do have a recommendation link down below that you can utilize and you don’t even need to top up you can just utilize the virtual portfolio at first just to see what you think learn the platform and then make a decision on whether you want to utilize it or not so i ‘d like to understand your ideas if you do try it out what you think of it and yeah that’s basically it for th.