the agreement is in regards to our experts saying to purchase to hold to offer the stock all the ratings where it’s originated from Punds Vs Dollar Etoro…
so i think there’s a great deal of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the benefits and drawbacks the important things that i think are good about the platform and the important things i think are bad about the platform and then you can decide on whether or not you wish to give it a go let’s jump straight in so the very first huge pro for me is the truth that they have analyst ratings and research study i absolutely like this it’s got a whole page for each of the stocks simply telling you what experts are doing and saying about the stock so you can see here for example on johnson and johnson what it appears 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 purchasing and the insider transactions as well so it just reveals you whether experts have actually purchased the shares um over the last couple of months or not i believe this is absolutely great and shown in an actually easy format so for me this is a substantial plus for the platform a 2nd huge 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 forex threat so in theory you could simply top up a bigger quantity when the currency remains 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 doesn’t occur 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 undoubtedly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it gives you gain access to not simply to stocks but also to products and cryptocurrency undoubtedly this isn’t really something that newbies should meddle however it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally enter and speak to people comment on post see what people are posting about each private stock almost have like conversations about it and you can in fact take a look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the revenues they have actually made and everything it is extremely transparent and i think it’s really great due to the fact that you frequently get like alerts saying 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 viewpoint the copy portfolios so they have two alternatives i think i have actually pointed out 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 have actually spoken about this before but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s truly cool and i believe it’s a huge plus of the platform since they’ve got loads of various themes of these portfolios um that you can choose from so that’s a substantial plus for me the last pro from my viewpoint is it’s simply got a truly nice layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have a truly truly good desktop variation it looks actually clean easy to use i didn’t actually have any concerns with finding out what to do i like that for each stock you can go in and see everything in one place you know you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that particular stock it’s truly cool and also your portfolio just looks actually nice and clean and in fact has a lot of data on the main portfolio page which i truly like now for the cons i think there are three primary 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 use them myself but ones to be knowledgeable about the very first one i think it is a little bit too simple to trade cfds so since the cfd platform and the normal trading platform are integrated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and accidentally open a cfd which is truly good and that’s basically one of the primary factors that i do utilize them so it’s not actually something to stress over unintentionally 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 investors i understand quite a few individuals who’ve lost quite a lot of cash um not on in fact but still trading cfds so i think normally there need to probably be a little bit more it’s going to say guideline however just generally a little 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 turns up a lot when i discuss is individuals complaining about the costs now yes whilst you might compare to particular platforms that have lower costs there are also loads of platforms that have much greater costs so roundabouts and swings actually everything depends upon the big picture um they have a 5 dollar withdrawal fee is that actually 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 getting like a thousand pounds at a time then does it actually matter most likely not so just weigh that up um when you when you take a look at it there’s a few other fees on their cost page however normally the real investing into stocks is commission totally free so when you’ve topped up you can do as numerous deals as you desire in terms of buying underlying assets without paying additional costs and finally the last con from me is the portfolio history so i discover it a bit difficult to determine sort of what i have actually invested where i need to go into each individual stock simply to see when i have actually 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 likewise i’ve still not really determined the dividends and how that shows up so that possibly resembles a bit of a 50 50 for me not quite sure yet to enjoy this space that’s practically it if you have an interest in giving them a go i do have a recommendation link down below that you can utilize and you don’t even have to top up you can just utilize the virtual portfolio at first just to see what you believe discover the platform and then make a decision on whether you want to use it or not so i ‘d like to know your thoughts if you do try it out what you think of it and yeah that’s practically it for th.