the agreement is in terms of our experts stating to purchase to hold to offer the stock all the ratings where it’s come from Is Etoro A Stocks And Shares Isa…
I think 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 believe are great 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 want to give it a go let’s jump directly in so the first big pro for me is the fact that they have expert scores and research study i absolutely like this it’s got a whole page for each of the stocks just telling you what experts are doing and saying 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 buying and the insider deals also so it simply reveals you whether insiders have purchased the shares um over the last couple of months or not i think this is absolutely excellent and displayed in an actually simple format so for me this is a huge plus for the platform a 2nd substantial plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i think this reduces your foreign exchange danger so in theory you might simply top up a larger quantity when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs whenever that you make a transaction whereas here that does not occur you just 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 best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it provides you gain access to not just to stocks but likewise to products and cryptocurrency obviously this isn’t truly something that beginners must meddle however it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually enter and talk with people talk about post see what people are posting about each individual stock nearly have like discussions about it and you can in fact take a look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the profits they have actually made and whatever it is really transparent and i think it’s truly great because you typically get like alerts saying thus many individuals are speaking about tesla right now like see all the posts
here and it’s actually cool just to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two alternatives i think i have actually mentioned prior to 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 however they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform since they’ve got loads of different themes of these portfolios um that you can select from so that’s a huge plus for me the final pro from my point of view is it’s simply got a truly good layout control panel and the method it’s established so unlike the other platforms that i use at the moment they have a really actually great desktop version it looks really tidy easy to use i didn’t actually have any concerns with finding out 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 study you can click on the news and it will just inform you all the news about that specific stock it’s actually cool and likewise your portfolio just looks tidy and really nice and actually has a great deal of information on the primary portfolio page which i actually like now for the cons i believe there are 3 primary cons in terms of in my viewpoint clearly 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 however ones to be aware of 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 normal trading platform are integrated into one it makes it quite easy 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 good which’s pretty much among the main reasons that i do use them so it’s not actually something to fret about unintentionally doing however i generally believe that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail financiers i understand many people who’ve lost rather a lot of cash um not on actually however still trading cfds so i believe typically there ought to probably be a bit more it’s going to say guideline but just usually a little bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i discuss is individuals grumbling about the charges now yes whilst you might compare to particular platforms that have lower charges there are likewise loads of platforms that have much greater charges so roundabouts and swings truly it all depends upon the big picture um they have a five dollar withdrawal charge is that really that much maybe if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re only going to be taking out like a thousand pounds at a time then does it actually matter most likely 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 but typically the actual investing into stocks is commission free so as soon as you’ve topped up you can do as numerous transactions as you desire in regards to purchasing underlying assets without paying additional fees and finally the last con from me is the portfolio history so i find it a bit difficult to figure out sort of what i’ve invested where i need to go into each individual 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 truly 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 appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to view this area that’s pretty much it if you have an interest in providing a go i do have a recommendation link down below that you can use and you don’t even have to top up you can just use the virtual portfolio at first just to see what you think discover the platform and then make a decision on whether you wish to utilize it or not so i ‘d love to know your ideas if you do try it out what you consider it and yeah that’s practically it for th.