the consensus is in regards to our experts saying to buy to hold to sell the stock all the ratings where it’s originated from Saxo Bank 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 thought i would do a fast video just taking you through the pros and cons the things that i believe are great 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 want to give it a go let’s dive straight in so the first huge pro for me is the truth that they have analyst rankings and research study i absolutely like this it’s got a whole page for each of the stocks simply informing 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 offers 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 buying and the expert transactions also so it simply reveals you whether insiders have actually purchased the shares um over the last few months or not i think this is definitely great and shown in a truly simple format so for me this is a huge plus for the platform a second huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens your forex threat so in theory you could just top up a bigger amount when the currency remains in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx fees whenever that you make a deal whereas here that doesn’t 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 clearly works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it offers you gain access to not simply to stocks however likewise to products and cryptocurrency clearly this isn’t actually something that beginners must dabble in however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually go in and talk with people comment on post see what people are publishing about each specific stock nearly have like discussions about it and you can actually look at individuals’s portfolios so you can go 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 whatever it is extremely transparent and i believe it’s truly great because you frequently get like notices saying like so lots of people are discussing tesla today like see all the posts
here and it’s really cool simply to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have two choices i believe i have actually mentioned prior to you can either copy individual people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve spoken about this prior to however they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s truly cool and i believe it’s a huge plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the final pro from my perspective is it’s simply got an actually great layout dashboard and the way it’s established so unlike the other platforms that i use at the moment they have an actually truly nice desktop variation it looks truly tidy 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 whatever in one location you understand you can click
on the chart you can click on the research study you can click the news and it will just inform you all the news about that particular stock it’s truly cool and likewise your portfolio simply looks actually great and tidy and really has a lot of information on the primary portfolio page which i truly like now for the cons i think there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i utilize them myself but ones to be aware of the very first one i believe it is a bit too simple to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it rather easy for individuals 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 excellent which’s basically one of the main factors that i do utilize them so it’s not truly something to stress over unintentionally doing but i usually believe that a lot of the platforms that use cfds must make it even harder to open cfds for retail financiers i know numerous people who have actually lost rather a lot of cash um not on in fact however still trading cfds so i believe typically there ought to most likely be a little bit more it’s going to say policy but just generally a 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 turns up a lot when i discuss is individuals complaining about the costs now yes whilst you may compare to certain platforms that have lower charges there are also loads of platforms that have much greater fees so swings and roundabouts actually it all depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 really matter probably not so just weigh that up um when you when you look at it there’s a couple of other fees on their fee page however normally the actual investing into stocks is commission free so when you have actually topped up you can do as numerous transactions as you desire in regards to purchasing underlying assets without paying additional costs and finally the last con from me is the portfolio history so i find it a little bit tough to figure out sort of what i have actually invested where i have to go into each individual stock just to see when i have actually invested into it and just 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’ve still not really figured out the dividends and how that appears so that potentially resembles a bit of 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 recommendation link down listed below that you can use and you don’t even need to top up you can simply use the virtual portfolio initially simply to see what you believe discover the platform and then decide on whether you want to use it or not so i ‘d like to understand your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.