the agreement remains in terms of our experts saying to purchase to hold to offer the stock all the ratings where it’s originated from Reviews For Etoro…
so i believe there’s a great deal of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a fast video just taking you through the benefits and drawbacks the important things that i think are great about the platform and the things i think are bad about the platform and then you can decide on whether or not you want to try let’s jump directly in so the first big pro for me is the truth that they have analyst scores and research study i absolutely love this it’s got an entire page for each of the stocks simply 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 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 offering and the expert deals also so it just reveals you whether insiders have bought the shares um over the last couple of months or not i believe this is absolutely excellent and displayed in an actually easy format so for me this is a substantial plus for the platform a 2nd big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i think this reduces your forex risk 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 lot of the platforms you have to pay the fx costs every time that you make a transaction 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 obviously works best 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 just to stocks however likewise to commodities and cryptocurrency clearly this isn’t actually something that beginners ought to dabble in but it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and speak with individuals discuss post see what individuals are posting about each specific stock almost have like discussions about it and you can actually take a look at people’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in including the popular traders you can see the earnings they’ve made and everything it is very transparent and i believe it’s actually good because you frequently get like notices saying thus 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 two options i think i have actually mentioned before 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 prior to but they have a renewable resource 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 huge plus of the platform because they’ve got loads of various themes of these portfolios um that you can select from so that’s a substantial plus for me the last pro from my perspective is it’s just got a really good design dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have an actually actually good desktop variation it looks truly clean easy to use i didn’t really have any issues with finding out what to do i like that for each stock you can enter 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 specific stock it’s really cool and likewise your portfolio simply looks really good and tidy 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 3 main cons in regards to in my viewpoint plainly 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 very first one i believe it is a bit too simple to trade cfds so due to the fact that the cfd platform and the typical trading platform are integrated into one it makes it rather simple for individuals to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and unintentionally open a cfd which is actually great which’s pretty much one of the primary reasons that i do use them so it’s not actually something to fret about unintentionally doing but i typically think that a lot of the platforms that offer cfds should make it even harder to open cfds for retail investors i know quite a few individuals who have actually lost quite a lot of money um not on in fact but still trading cfds so i believe generally there ought to most likely be a little bit more it’s going to state guideline but just typically 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 comes up a lot when i talk about is individuals complaining about the fees now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much greater charges so roundabouts and swings truly all of it depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much possibly 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 just going to be getting like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you take a look at it there’s a few other fees on their fee page however typically the actual investing into stocks is commission free so as soon as you’ve topped up you can do as lots of transactions as you desire in regards to buying underlying assets without paying additional costs and lastly the last con from me is the portfolio history so i find it a bit difficult to find out sort of what i have actually invested where i need to go into each private stock just 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 really like to see all of the investments if possible and also i’ve still not actually determined the dividends and how that shows up so that potentially resembles a little a 50 50 for me not quite sure yet to view this space that’s basically it if you are interested in providing a go i do have a referral link down listed below that you can use and you don’t even have to top up you can simply use the virtual portfolio initially simply to see what you think learn the platform and after that make a decision on whether you wish to use it or not so i ‘d like to understand your thoughts if you do try it out what you think about it and yeah that’s practically it for th.