the consensus remains in terms of our analysts saying to purchase to hold to sell the stock all the scores where it’s originated from Kucoin Vs Etoro…
so i believe there’s a lot of interest about i do get a lot of concerns asking me about the platform so i believed i would do a fast video simply taking you through the advantages and disadvantages the important things that i think are excellent about the platform and the important things i believe are bad about the platform and then you can decide on whether you want to try let’s dive straight in so the first big pro for me is the fact that they have expert rankings and research i definitely love this it’s got an entire page for each of the stocks just telling 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 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 purchasing or offering and the expert deals also so it simply reveals you whether insiders have actually bought 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 second huge plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i believe this reduces your forex danger so in theory you could simply top up a bigger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a transaction 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 clearly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it gives you access not simply to stocks but likewise to products and cryptocurrency undoubtedly this isn’t truly something that newbies should meddle however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and speak with people comment on post see what people are posting about each private stock almost have like discussions about it and you can really look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are investing in including the popular traders you can see the revenues they’ve made and whatever it is really transparent and i believe it’s truly great because you often get like notifications stating like so lots of people are talking about tesla right now like see all the posts
here and it’s really cool simply to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 choices i believe i have actually discussed prior to you can either copy private people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this before however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform due to the fact that they have actually got loads of different themes of these portfolios um that you can choose from so that’s a big plus for me the final pro from my perspective is it’s simply got a really good layout control panel and the way it’s set up so unlike the other platforms that i use at the moment they have an actually truly good desktop variation it looks truly clean easy to use i didn’t really 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 the research you can click on the news and it will simply inform you all the news about that particular stock it’s really cool and also your portfolio simply looks actually good and clean and really has a great deal of data on the primary portfolio page which i truly like now for the cons i think there are 3 primary cons in regards to in my opinion clearly they’re not ones that have actually put me off utilizing the platform um you know i’ve done portfolio updates i use them myself however ones to be familiar with the very first one i think it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the typical trading platform are incorporated into one it makes it rather simple for people to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and unintentionally open a cfd which is actually good which’s pretty much among the primary factors that i do use them so it’s not actually something to stress over inadvertently doing but i typically think that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail investors i understand many individuals who have actually lost quite a lot of money um not on really however still trading cfds so i believe typically there need to probably be a little bit more it’s going to say policy however simply normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i speak about is people grumbling about the costs now yes whilst you might compare to specific platforms that have lower costs there are also loads of platforms that have much higher fees so roundabouts and swings actually everything depends upon the big picture um they have a 5 dollar withdrawal fee is that truly that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 truly 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 typically the real investing into stocks is commission free so once you’ve topped up you can do as many transactions as you desire in regards to purchasing underlying assets without paying extra charges and finally the last con from me is the portfolio history so i find it a little bit challenging to find out sort of what i have actually invested where i need 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 truly like to see all of the investments if possible and likewise i’ve still not actually figured out the dividends and how that shows up so that possibly resembles a little bit of a 50 50 for me not quite sure yet to view this space that’s pretty much it if you have an interest in providing 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 simply utilize the virtual portfolio initially just to see what you believe discover the platform and then make a decision on whether you want to utilize it or not so i ‘d enjoy to know your ideas if you do try it out what you think of it and yeah that’s practically it for th.