the agreement is in regards to our analysts saying to buy to hold to sell the stock all the scores where it’s come from Etoro Vs Trading 212 Fees…
I believe 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 just taking you through the pros and cons the things that i believe 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 give it a go let’s dive straight in so the very first huge pro for me is the truth that they have expert scores and research study i definitely love this it’s got an entire page for each of the stocks just telling 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 gives 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 buying or selling and the insider deals too so it just shows you whether experts have purchased the shares um over the last couple of months or not i think this is definitely great and shown in an actually simple format so for me this is a huge plus for the platform a 2nd big plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i believe this reduces your foreign exchange risk so in theory you might simply top up a larger quantity when the currency remains in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx costs every time that you make a deal whereas here that does not happen 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 undoubtedly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it gives you access not simply to stocks but also to commodities and cryptocurrency obviously this isn’t truly something that beginners ought to meddle but it does have that alternative 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 enter and speak with people discuss post see what people are posting about each private stock practically have like conversations about it and you can really look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are purchasing including the popular traders you can see the profits they’ve made and everything it is really transparent and i think it’s truly good because you often get like notices saying thus lots of people are talking about tesla right now like see all the posts
here and it’s actually cool just to see what individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two choices i think i’ve discussed prior to you can either copy private people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually talked about this prior to but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my viewpoint um it’s really cool and i believe 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 substantial plus for me the last pro from my point of view is it’s simply got an actually good design control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a truly really good desktop variation it looks actually tidy easy to use i didn’t actually have any problems with determining 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 the research study you can click on the news and it will simply tell you all the news about that particular stock it’s truly cool and also your portfolio just looks actually great and tidy and in fact has a lot of information on the main portfolio page which i truly like now for the cons i believe there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i use them myself however ones to be familiar with the very first one i believe it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the normal trading platform are incorporated into one it makes it rather simple 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 excellent which’s practically one of the main reasons that i do use them so it’s not actually something to fret about inadvertently doing however i typically think that a great deal of the platforms that provide cfds should make it even harder to open cfds for retail financiers i know numerous individuals who’ve lost quite a great deal of money um not on actually but still trading cfds so i think normally there should probably be a little bit more it’s going to say guideline but just generally a bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that turns up a lot when i talk about is people complaining about the fees now yes whilst you might compare to particular platforms that have lower fees there are also loads of platforms that have much higher costs so roundabouts and swings really all of it 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 perhaps that’s a lot however if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it actually matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other charges on their charge page but usually the actual investing into stocks is commission complimentary so when you’ve topped up you can do as many transactions as you desire in terms of buying underlying properties without paying extra fees and finally the last con from me is the portfolio history so i find it a bit challenging to find out sort of what i’ve invested where i have to go into each private stock just to see when i have actually invested into it and how much rather than 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 financial investments if possible and also i have actually still not truly determined the dividends and how that shows up so that possibly is like a little a 50 50 for me not quite sure yet to enjoy this space that’s practically it if you are interested in giving them a go i do have a recommendation link down listed below that you can utilize and you don’t even have to top up you can simply utilize the virtual portfolio at first just to see what you think learn the platform and after that decide on whether you want to utilize it or not so i ‘d enjoy to understand your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.