the consensus is in regards to our experts saying to purchase to hold to offer the stock all the rankings where it’s come from How To Find Etoro Account…
so i think there’s a lot of interest about i do get a great deal 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 good about the platform and the things i think are bad about the platform and after that you can make a decision on whether or not you wish to try let’s jump 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 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 instance on johnson and johnson what it appears like it provides you the rate 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 insider deals as well so it simply shows you whether experts have bought the shares um over the last few months or not i think this is definitely great and shown in a really simple format so for me this is a big plus for the platform a 2nd substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your forex threat so in theory you could simply top up a bigger quantity when the currency is in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx costs every time that you make a transaction whereas here that doesn’t happen you just pay the fx cost
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when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you gain access to not simply to stocks but likewise to products and cryptocurrency undoubtedly this isn’t actually something that novices ought to 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 go in and talk to people talk about post see what individuals are posting about each individual stock nearly have like discussions about it and you can really take a look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and everything it is very transparent and i believe it’s actually good because you typically get like notifications saying thus many 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 2 options i believe i’ve discussed before 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 talked about this before but they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform due to the fact that 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 a truly nice layout dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a really truly great desktop version it looks actually clean easy to use i didn’t really have any concerns with determining what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click on the research study you can click the news and it will simply tell you all the news about that particular stock it’s truly cool and likewise your portfolio just looks clean and really great and really has a lot of data on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my viewpoint plainly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i use them myself but ones to be familiar with the first one i believe it is a bit too easy to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it quite 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 truly great and that’s pretty much one of the primary reasons that i do use them so it’s not actually something to worry about inadvertently doing however i typically think that a lot of the platforms that use cfds should make it even harder to open cfds for retail financiers i understand several individuals who’ve lost rather a great deal of money um not on actually however still trading cfds so i believe generally there ought to probably be a bit more it’s going to say guideline however simply typically a little 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 talk about is individuals grumbling about the costs now yes whilst you might compare to certain platforms that have lower charges there are also loads of platforms that have much higher charges so roundabouts and swings truly it all depends upon the big picture um they have a five dollar withdrawal cost is that truly that much perhaps if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it actually matter probably not so just weigh that up um when you when you take a look at it there’s a few other fees on their fee page however 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 purchasing underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i discover it a little bit difficult to figure out sort of what i have actually invested where i have to go into each private stock just to see when i’ve invested into it and 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 also i have actually still not really figured out the dividends and how that appears so that potentially resembles a little a 50 50 for me not quite sure yet to watch this space that’s pretty much 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 just utilize the virtual portfolio initially simply to see what you believe discover the platform and then decide on whether you want to use it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.