the agreement remains in terms of our analysts saying to purchase to hold to offer the stock all the scores where it’s come from Etoro Vs Webull…
I think there’s a lot of interest about i do get a lot of questions asking me about the platform so i believed 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 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 jump directly in so the first huge pro for me is the fact that they have expert ratings and research i absolutely love this it’s got a whole page for each of the stocks simply informing you what experts 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 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 selling and the expert transactions too so it simply shows you whether experts have bought the shares um over the last few months or not i believe this is definitely great and displayed in an actually easy format so for me this is a big plus for the platform a 2nd substantial plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your forex risk so in theory you might just top up a larger quantity when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges each time that you make a deal 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 convert back to your own currency this certainly 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 gain access to not just to stocks but likewise to products and cryptocurrency obviously this isn’t really something that beginners should meddle but it does have that option for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and talk with individuals comment on post see what individuals are posting about each private stock almost have like discussions about it and you can actually look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the earnings they have actually made and everything it is extremely transparent and i believe it’s truly excellent since you typically get like notices saying thus lots of people are speaking about tesla today like see all the posts
here and it’s truly cool just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 choices i believe i’ve mentioned before you can either copy individual 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 energy portfolio which just 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 styles of these portfolios um that you can select from so that’s a substantial plus for me the final pro from my viewpoint is it’s just got an actually great layout control panel and the way it’s set up so unlike the other platforms that i use at the moment they have an actually truly nice desktop version it looks truly clean easy to use i didn’t actually have any concerns with figuring out what to do i like that for each stock you can enter and see whatever in one place you understand you can click
on the chart you can click the research you can click the news and it will simply tell you all the news about that specific stock it’s truly cool and also your portfolio just looks tidy and actually good and actually has a great deal of information on the main portfolio page which i truly like now for the cons i think there are 3 primary cons in terms of in my viewpoint clearly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be aware of the very first one i believe it is a bit too easy to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it rather easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can just click a button and unintentionally open a cfd which is really good which’s basically among the primary reasons that i do use them so it’s not actually something to stress over inadvertently doing however i typically believe that a lot of the platforms that use cfds must make it even harder to open cfds for retail investors i understand quite a few individuals who have actually lost rather a lot of money um not on actually however still trading cfds so i believe normally there need to probably be a bit more it’s going to say policy however just typically 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 shows up a lot when i speak about is individuals grumbling about the charges now yes whilst you might compare to certain platforms that have lower costs there are likewise loads of platforms that have much higher fees so swings and roundabouts really all of it depends on the big picture um they have a 5 dollar withdrawal charge is that actually that much maybe if you’re continuously 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 only going to be getting 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 few other costs on their cost page however normally the real investing into stocks is commission totally free so as soon as you have actually topped up you can do as numerous transactions as you desire in regards to purchasing underlying properties without paying additional costs and finally the last con from me is the portfolio history so i find it a bit tough to figure out sort of what i have actually invested where i need to go into each private stock just to see when i’ve invested into it and just 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 investments if possible and likewise i’ve still not actually figured out the dividends and how that appears so that potentially is like a bit of a 50 50 for me not quite sure yet to enjoy this space that’s practically it if you have an interest in giving them a go i do have a recommendation link down below that you can use and you don’t even need to top up you can just use the virtual portfolio at first simply to see what you think discover the platform and then make a decision on whether you wish to use it or not so i ‘d love to understand your ideas if you do try it out what you think of it and yeah that’s basically it for th.