the consensus remains in terms of our analysts saying to purchase to hold to sell the stock all the ratings where it’s originated from How To Add More Money To Etoro Funds…
I believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a fast video just taking you through the pros and cons the things that i think are excellent about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you desire to offer it a go let’s dive straight in so the very first huge pro for me is the fact that they have expert ratings and research study i definitely love this it’s got an entire page for each of the stocks simply telling you what experts are saying and doing 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 selling or buying and the expert transactions also so it just reveals you whether insiders have bought the shares um over the last couple of months or not i believe this is absolutely fantastic and displayed in a truly simple format so for me this is a substantial plus for the platform a second big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange threat 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 lot of the platforms you need to pay the fx costs every time that you make a deal whereas here that doesn’t occur you simply pay the fx charge
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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 huge pro of the platform in my opinion is that it gives you access not simply to stocks however also to commodities and cryptocurrency undoubtedly this isn’t really something that newbies should dabble in however 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 literally enter and speak to individuals talk about post see what people 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 anybody’s profile click on their portfolio and see what they are investing in including the popular traders you can see the earnings they’ve made and everything it is extremely transparent and i think it’s truly good since you frequently get like notifications saying like so many people are talking about tesla right now like see all the posts
here and it’s truly cool just to see what individuals are believing the next pro of the platform is in my viewpoint the copy portfolios so they have two alternatives i think i’ve discussed before you can either copy specific people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve discussed this prior to but they have a renewable resource portfolio which just 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 substantial 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 final pro from my point of view is it’s just got a truly good design control panel and the method it’s established so unlike the other platforms that i usage at the moment they have a truly actually good desktop version it looks actually clean easy to use i didn’t really have any problems with finding 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 you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and likewise your portfolio simply looks really great and clean and really has a great deal of data on the primary portfolio page which i actually like now for the cons i think there are 3 main cons in regards to 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 knowledgeable about the first one i believe it is a bit too easy to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite simple 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 great and that’s basically among the primary factors that i do utilize them so it’s not really something to fret about mistakenly doing but i generally believe that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail investors i understand numerous people who have actually lost quite a lot of money um not on actually however still trading cfds so i think typically there must most likely be a little bit more it’s going to state policy but simply normally a bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i discuss is individuals complaining about the costs now yes whilst you might compare to particular platforms that have lower charges there are also loads of platforms that have much greater charges so swings and roundabouts actually all of it depends on the big picture um they have a 5 dollar withdrawal cost is that actually that much perhaps if you’re continuously withdrawing l.
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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 truly matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other costs on their cost page but usually the real investing into stocks is commission free so when you’ve topped up you can do as lots of deals as you want in terms of buying underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i discover it a bit difficult to find out sort of what i’ve invested where i need to go into each individual stock simply to see when i have actually 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 truly like to see all of the investments if possible and likewise i have actually still not truly figured out the dividends and how that shows up so that possibly is like a bit of 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 have to top up you can just use the virtual portfolio initially simply to see what you believe learn the platform and after that make a decision on whether you wish to utilize it or not so i ‘d love to know your thoughts if you do try it out what you consider it and yeah that’s basically it for th.