the consensus is in regards to our experts saying to buy to hold to sell the stock all the rankings where it’s come from How To Find A Stock On Etoro…
so i think there’s a great deal 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 advantages and disadvantages the things that i think are great about the platform and the things i think are bad about the platform and then you can decide on whether you wish to try let’s jump directly in so the first big pro for me is the truth that they have analyst scores and research study i absolutely like this it’s got a whole page for each of the stocks simply telling you what analysts are doing and saying about the stock so you can see here for instance on johnson and johnson what it appears like it offers you the rate targets that they believe 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 as well so it just reveals you whether insiders have actually bought the shares um over the last few months or not i think this is definitely great and shown in a truly simple format so for me this is a huge plus for the platform a second huge plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i believe this decreases your foreign exchange risk so in theory you could just top up a bigger quantity when the currency is in your favor and just hold the money waiting to invest it for a great deal of the platforms you need to pay the fx costs every time that you make a deal whereas here that doesn’t happen you just pay the fx fee
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when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it offers you gain access to not just to stocks but also to products and cryptocurrency clearly this isn’t truly something that novices ought to meddle however it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually go in and talk with individuals comment on post see what individuals are posting about each individual stock practically have like discussions about it and you can really take a look at individuals’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are buying including the popular traders you can see the revenues they’ve made and whatever it is really transparent and i believe it’s actually excellent due to the fact that you typically get like notices saying like so lots of people are discussing tesla today like see all the posts
here and it’s truly cool simply to see what individuals are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i think i’ve pointed out prior to 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 talked about this before but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s really cool and i think it’s a big plus of the platform due to the fact that they’ve got loads of different styles 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 just got an actually good layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have an actually actually great desktop version it looks really clean easy to use i didn’t actually have any issues with figuring out what to do i like that for each stock you can go in and see everything in one location 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 tell you all the news about that particular stock it’s truly cool and also your portfolio just looks actually good and clean and really 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 put me off utilizing the platform um you know i have actually done portfolio updates i utilize them myself however ones to be familiar with the first one i think it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated 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 just click a button and mistakenly open a cfd which is actually excellent and that’s basically among the main factors that i do utilize them so it’s not actually something to stress over inadvertently doing however i generally think that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail investors i know several individuals who’ve lost quite a lot of money um not on actually but still trading cfds so i think normally there ought to probably be a little bit more it’s going to state regulation however just normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that turns up a lot when i discuss is people grumbling 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 higher costs so roundabouts and swings truly everything depends upon the big picture um they have a five dollar withdrawal fee is that really that much perhaps if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re only going to be securing 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 fees on their fee page however normally the real investing into stocks is commission totally free so once you have actually topped up you can do as lots of transactions as you desire in terms of purchasing underlying assets without paying extra fees and lastly the last con from me is the portfolio history so i find it a bit hard to figure out sort of what i have actually invested where i have to go into each specific stock simply 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 really like to see all of the investments if possible and likewise i’ve still not actually found out the dividends and how that shows up so that potentially is like a little a 50 50 for me not quite sure yet to view 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 utilize and you don’t even need to top up you can simply use the virtual portfolio at first simply to see what you believe find out the platform and then make a decision on whether you want to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s practically it for th.