the consensus is in terms of our experts saying to purchase to hold to sell the stock all the rankings where it’s come from Promotion Code Etoro 2016…
so i believe there’s a lot of interest about i do get a great deal of questions asking me about the platform so i believed i would do a quick video just taking you through the advantages and disadvantages the important things that i believe are good about the platform and the important things i believe are bad about the platform and then you can decide on whether you wish to give it a go let’s dive straight in so the first huge pro for me is the truth that they have analyst scores and research study i absolutely enjoy this it’s got an entire page for each of the stocks just telling 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 gives 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 transactions too so it just shows you whether insiders have bought the shares um over the last few months or not i think this is absolutely great and displayed in a really simple format so for me this is a substantial plus for the platform a second substantial plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i think this lessens your foreign exchange risk so in theory you could just top up a bigger quantity when the currency is in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges every time that you make a deal whereas here that doesn’t happen you simply pay the fx fee
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 just to stocks however likewise to commodities and cryptocurrency undoubtedly this isn’t really something that beginners need to meddle but 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 discuss post see what people are posting about each private stock almost have like conversations about it and you can actually look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying including 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 due to the fact that you often get like notifications saying thus many people are speaking about 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 2 options i think i’ve discussed prior to you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this before but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a big plus of the platform because they have actually got loads of different styles of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my perspective is it’s just got a really good layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have a really really good desktop version it looks truly clean easy to use i didn’t actually have any concerns with figuring out what to do i like that for each stock you can enter and see everything in one place you know you can click
on the chart you can click the research you can click the news and it will simply inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks clean and actually great and really has a great deal of data on the main portfolio page which i really like now for the cons i believe there are three primary cons in regards to in my opinion clearly they’re not ones that have put me off using the platform um you know i have actually done portfolio updates i use them myself however ones to be aware of the very 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 regular trading platform are integrated into one it makes it rather easy 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 practically among the main factors that i do utilize them so it’s not truly something to worry about inadvertently doing but i generally think that a great deal of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand many individuals who have actually lost rather a great deal of money um not on really but still trading cfds so i believe normally there should most likely be a little bit more it’s going to state policy however simply generally 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 costs so this is something that comes up a lot when i talk about is individuals grumbling about the costs now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much higher charges so roundabouts and swings actually everything depends on the big picture um they have a five dollar withdrawal charge is that actually that much maybe if you’re continuously 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 taking out like a thousand pounds at a time then does it truly matter most likely not so simply weigh that up um when you when you look at it there’s a few other costs on their fee page but typically the actual investing into stocks is commission free so when you’ve topped up you can do as numerous 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 discover it a little bit difficult to figure out sort of what i have actually invested where i need to go into each private stock simply 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 investments if possible and also i’ve still not truly figured out the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to watch this space that’s basically it if you are interested in giving them a go i do have a recommendation link down below that you can utilize and you do not even need to top up you can simply utilize 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 like to understand your thoughts if you do try it out what you consider it and yeah that’s practically it for th.