the agreement is in regards to our analysts saying to purchase to hold to offer the stock all the ratings where it’s originated from How To Transfer Etoro Crypto To Binance…
I think there’s a lot 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 pros and cons the things that i believe are good about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you desire to give it a go let’s jump directly in so the first big pro for me is the truth that they have analyst scores and research study i definitely love this it’s got an entire page for each of the stocks just informing you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it gives you the cost 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 purchasing and the insider deals as well so it just reveals you whether experts have actually purchased the shares um over the last few months or not i think this is definitely great and displayed in a really easy format so for me this is a huge plus for the platform a second substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i believe this minimizes your foreign exchange threat so in theory you could simply top up a bigger amount when the currency remains in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx charges every time that you make a deal whereas here that does not happen you just pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this clearly works finest 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 however likewise to commodities and cryptocurrency certainly this isn’t actually something that newbies need to dabble in but it does have that option for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk to people discuss post see what individuals are publishing about each individual stock almost have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are investing in including the popular traders you can see the earnings they have actually made and everything it is really transparent and i think it’s actually excellent since you typically get like notices saying thus many individuals are discussing tesla today like see all the posts
here and it’s truly cool simply to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two alternatives i believe i’ve pointed out prior to 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 prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i think it’s a big plus of the platform due to the fact that they have actually got loads of various 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 a really good layout dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have an actually actually great desktop variation it looks actually tidy easy to use i didn’t really have any concerns with determining what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click the research you can click on the news and it will simply tell you all the news about that specific stock it’s actually cool and likewise your portfolio just looks really good and tidy and really has a lot of information on the primary portfolio page which i actually 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 utilizing the platform um you understand i have actually done portfolio updates i use them myself but ones to be aware of the first one i believe it is a little bit too simple to trade cfds so because the cfd platform and the regular trading platform are incorporated into one it makes it rather 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 accidentally open a cfd which is really excellent and that’s basically one of the main factors that i do use them so it’s not really something to worry about mistakenly doing but i typically believe that a lot of the platforms that provide cfds must make it even harder to open cfds for retail investors i know numerous individuals who have actually lost quite a great deal of cash um not on in fact but still trading cfds so i believe normally there need to most likely be a bit more it’s going to say policy but just usually a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that turns up a lot when i discuss is people complaining about the charges now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much higher charges so swings and roundabouts really it all depends upon the big picture um they have a five dollar withdrawal charge is that truly that much maybe if you’re constantly 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 getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you take a look at it there’s a few other costs on their cost page however typically the real investing into stocks is commission free so as soon as you’ve topped up you can do as lots of transactions as you want in regards to buying underlying possessions without paying extra costs and finally the last con from me is the portfolio history so i find it a little bit tough to figure out sort of what i’ve invested where i have to go into each individual 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 really found out the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to enjoy this area that’s pretty much it if you have an interest in giving them a go i do have a referral link down below that you can utilize and you don’t even have to top up you can just utilize the virtual portfolio initially just to see what you believe learn the platform and after that make a decision on whether you want to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.