the consensus remains in terms of our analysts saying to buy to hold to offer the stock all the scores where it’s come from Revolut Vs Etoro…
I think 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 just taking you through the pros and cons the things that i think are good about the platform and the things i believe are bad about the platform and then you can make a decision on whether or not you desire to offer it a go let’s jump directly in so the very first huge pro for me is the reality that they have expert rankings and research study i definitely like this it’s got an entire page for each of the stocks simply telling 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 offers 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 offering or buying and the expert transactions as well so it just reveals you whether insiders have actually purchased the shares um over the last few months or not i think this is absolutely fantastic and shown in a really easy format so for me this is a huge plus for the platform a 2nd substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange danger so in theory you might simply top up a bigger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs every time that you make a deal whereas here that does not occur you just pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this obviously works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you gain access to not just to stocks however likewise to products and cryptocurrency obviously this isn’t really something that beginners should meddle however it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually go in and talk with people discuss post see what people are posting about each private stock almost have like conversations about it and you can really look at people’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and everything it is really transparent and i believe it’s actually great because you frequently get like notices stating thus lots of people are speaking about tesla right now like see all the posts
here and it’s truly cool just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i believe i’ve mentioned 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 spoken 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 viewpoint um it’s truly cool and i think it’s a huge plus of the platform since they have actually got loads of various styles of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my viewpoint is it’s simply got an actually great layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have a really really nice desktop variation it looks actually tidy easy to use i didn’t truly have any problems with finding out what to do i like that for each stock you can enter and see everything in one location you understand you can click
on the chart you can click the research study you can click the news and it will just tell you all the news about that particular stock it’s really cool and likewise your portfolio simply looks clean and actually good and in fact has a lot of data 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 opinion clearly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be aware of the first one i believe it is a bit too easy to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it rather simple 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 truly excellent and that’s practically among the primary reasons that i do use them so it’s not truly something to stress over inadvertently doing but i generally believe that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know quite a few individuals who’ve lost rather a lot of cash um not on in fact but still trading cfds so i think normally there should most likely be a little bit more it’s going to state policy but simply typically a little bit more like a few more
hoops to jump 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 people complaining about the fees now yes whilst you may compare to certain platforms that have lower costs there are likewise loads of platforms that have much greater charges so swings and roundabouts truly all of it depends on the big picture um they have a 5 dollar withdrawal charge is that actually that much perhaps 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 only going to be taking out like a thousand pounds at a time then does it actually matter most likely not so simply weigh that up um when you when you take a look at it there’s a couple of other charges on their cost page but typically the real investing into stocks is commission totally free so once you have actually topped up you can do as many deals as you desire in regards to buying underlying possessions without paying extra costs and lastly the last con from me is the portfolio history so i find it a bit challenging to figure out sort of what i’ve invested where i need to go into each individual stock simply to see when i have actually 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 financial investments if possible and also i have actually still not actually found out the dividends and how that appears so that potentially resembles a little bit of a 50 50 for me not quite sure yet to view this space that’s basically 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 just utilize the virtual portfolio at first simply to see what you believe find out the platform and then decide on whether you wish to utilize it or not so i ‘d enjoy to understand your ideas if you do try it out what you think of it and yeah that’s basically it for th.