the consensus is in regards to our experts stating to buy to hold to offer the stock all the ratings where it’s come from Is My Money Safe With Etoro…
I believe there’s a lot of curiosity about i do get a lot of concerns 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 great about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you want to give it a go let’s jump directly in so the first huge pro for me is the fact that they have expert scores and research i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what analysts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it provides you the price 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 purchasing or selling and the insider transactions also so it just shows you whether experts have purchased the shares um over the last couple of months or not i think this is absolutely fantastic and shown in an actually easy format so for me this is a huge plus for the platform a second big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i think this reduces your foreign exchange risk so in theory you could simply top up a bigger quantity when the currency is 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 costs every time that you make a deal whereas here that does not happen you just pay the fx cost
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it gives you access not simply to stocks however likewise to commodities and cryptocurrency clearly this isn’t actually something that novices need to meddle but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally go in and talk to individuals comment on post see what individuals are posting about each private stock practically have like discussions about it and you can in fact take a look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they have actually made and whatever it is very transparent and i think it’s really great since you often get like notices stating like so lots of people are discussing tesla right now like see all the posts
here and it’s really cool just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 choices i think i’ve pointed out 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 discussed this prior to however 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 truly cool and i believe it’s a big plus of the platform due to the fact that they’ve got loads of various themes of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my viewpoint is it’s simply got a truly great design control panel and the method it’s established so unlike the other platforms that i use at the moment they have an actually really nice desktop version it looks actually clean easy to use i didn’t actually have any problems with determining 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 you can click on the news and it will simply tell you all the news about that particular stock it’s truly cool and likewise your portfolio simply looks clean and really great and in fact has a great deal of information on the main portfolio page which i actually like now for the cons i believe there are three main cons in terms of in my viewpoint plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself but ones to be aware of the very first one i think it is a little bit too easy to trade cfds so since the cfd platform and the normal trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and inadvertently open a cfd which is really excellent which’s basically one of the main reasons that i do utilize them so it’s not really something to fret about inadvertently doing but i usually think that a lot of the platforms that use 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 actually however still trading cfds so i think typically there need to most likely be a bit more it’s going to state policy but just generally a bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that comes up a lot when i discuss is individuals grumbling about the fees now yes whilst you may compare to certain platforms that have lower charges there are also loads of platforms that have much higher costs so roundabouts and swings actually all of it depends on the big picture um they have a 5 dollar withdrawal charge is that really that much maybe 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 just going to be taking out like a thousand pounds at a time then does it actually matter probably not so just weigh that up um when you when you look at it there’s a few other costs on their cost page however usually the actual investing into stocks is commission totally free so when you’ve topped up you can do as numerous transactions as you desire in terms of buying underlying possessions without paying extra fees and finally the last con from me is the portfolio history so i find it a little bit hard to figure out sort of what i’ve invested where i need to go into each private stock simply to see when i’ve 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 really like to see all of the financial investments if possible and likewise i’ve still not truly determined the dividends and how that appears so that possibly is like a little a 50 50 for me not quite sure yet to see this space that’s pretty much it if you are interested in providing a go i do have a referral link down below that you can use and you do not even have to top up you can simply utilize the virtual portfolio initially just to see what you think learn the platform and then make a decision on whether you wish to utilize it or not so i ‘d like to understand your ideas if you do try it out what you think about it and yeah that’s basically it for th.