the agreement remains in terms of our experts saying to purchase to hold to offer the stock all the rankings where it’s originated from Is Etoro Money Safe…
I think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a quick video simply 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 then you can make a choice on whether or not you want to provide it a go let’s jump directly in so the very first huge pro for me is the fact that they have analyst ratings and research study i absolutely like this it’s got a whole page for each of the stocks simply informing you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers 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 buying or selling and the expert deals as well so it just shows you whether experts have actually bought the shares um over the last few months or not i believe this is definitely terrific and displayed in a truly simple format so for me this is a big plus for the platform a second huge 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 decreases your forex danger so in theory you could just top up a larger amount when the currency is in your favor and just hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx charges whenever that you make a deal whereas here that does not happen you simply pay the fx cost
What is social trading?
when you top up and when you withdraw and transform back to your own currency this certainly works finest if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it provides you access not simply to stocks but also to commodities and cryptocurrency certainly this isn’t actually something that beginners need to dabble in however it does have that option 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 to individuals talk about post see what individuals are publishing about each private stock almost have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the earnings they have actually made and everything it is very transparent and i believe it’s actually great due to the fact that you frequently get like notifications stating like so lots of people are discussing tesla today like see all the posts
here and it’s really cool just to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have two alternatives i think i’ve mentioned 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 spoken about this before but they have a renewable energy 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 big plus of the platform because they’ve got loads of different themes of these portfolios um that you can select from so that’s a substantial plus for me the last pro from my point of view is it’s just got a truly great design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually truly nice desktop version it looks really tidy 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 whatever in one place you know you can click
on the chart you can click 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 clean and actually nice and actually has a lot of data on the primary portfolio page which i truly like now for the cons i think there are three main cons in regards to in my opinion clearly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i use them myself however ones to be aware of the first one i think it is a bit too easy to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it quite simple for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and accidentally open a cfd which is truly excellent and that’s practically one of the primary reasons that i do use them so it’s not really something to worry about accidentally doing but i usually think that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i understand quite a few individuals who’ve lost quite a great deal of cash um not on really however still trading cfds so i think normally there should probably be a bit more it’s going to say regulation however simply generally 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 fees so this is something that turns up a lot when i speak about is people complaining 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 fees so roundabouts and swings actually everything depends upon the big picture um they have a five dollar withdrawal fee is that really that much perhaps if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly that’s a lot but 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 costs on their cost page but typically the real investing into stocks is commission complimentary so when you’ve topped up you can do as lots of deals as you desire in terms of purchasing underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i find it a little bit hard to determine sort of what i have actually invested where i need to go into each individual 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 likewise i’ve still not really found out the dividends and how that shows up so that possibly 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 listed below that you can utilize and you do not even need to top up you can just use the virtual portfolio initially just to see what you believe learn the platform and then decide on whether you want to utilize it or not so i ‘d enjoy to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.