the agreement is in regards to our experts stating to buy to hold to offer the stock all the scores where it’s originated from Tax On Etoro Germany…
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 fast video just taking you through the pros and cons the things that i think are good about the platform and the things i think are bad about the platform and after that you can decide on whether or not you wish to give it a go let’s jump straight in so the first huge pro for me is the fact that they have expert rankings and research i absolutely enjoy this it’s got an entire page for each of the stocks simply informing you what experts are doing and saying about the stock so you can see here for instance on johnson and johnson what it looks like it gives you the rate 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 expert deals too so it just reveals you whether insiders have actually bought the shares um over the last few months or not i think this is definitely great and shown in a truly easy format so for me this is a huge plus for the platform a second substantial plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this decreases your foreign exchange threat so in theory you might just 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 whenever that you make a deal whereas here that does not happen you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it gives you access not just to stocks however also to commodities and cryptocurrency certainly this isn’t actually something that novices need to 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 enter and speak to people talk about post see what individuals are posting about each specific stock nearly have like discussions about it and you can in fact look at people’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the earnings they’ve made and whatever it is very transparent and i think it’s actually great due to the fact that you typically get like notifications saying thus many individuals are discussing tesla today like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 options i think i have actually discussed 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 discussed this before but they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s actually cool and i believe it’s a substantial plus of the platform since they’ve got loads of different themes 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 truly great layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly actually great desktop variation it looks really clean easy to use i didn’t really have any concerns with finding out what to do i like that for each stock you can enter and see whatever in one location you know you can click
on the chart you can click on the research you can click the news and it will just inform you all the news about that specific stock it’s truly cool and likewise your portfolio just looks clean and truly good and really has a great deal of information on the main portfolio page which i truly like now for the cons i think 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 know i’ve done portfolio updates i utilize them myself but ones to be familiar with 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 incorporated into one it makes it quite simple for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and inadvertently open a cfd which is actually great and that’s basically one of the primary reasons that i do utilize them so it’s not truly something to worry about inadvertently doing but i normally think that a lot of the platforms that offer cfds must make it even harder to open cfds for retail investors i know numerous individuals who’ve lost rather a lot of cash um not on in fact but still trading cfds so i think typically there must probably be a little bit more it’s going to say policy but simply typically a little more like a few more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that shows up a lot when i discuss is individuals grumbling about the charges now yes whilst you may compare to certain platforms that have lower fees there are also loads of platforms that have much higher fees so swings and roundabouts really all of it depends on the big picture um they have a five dollar withdrawal fee is that truly that much perhaps if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 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 but generally the actual investing into stocks is commission totally free so when you’ve topped up you can do as lots of deals as you want in regards to purchasing underlying possessions without paying additional costs and finally the last con from me is the portfolio history so i discover it a bit hard to find out sort of what i have actually invested where i need to go into each specific stock simply to see when i have actually invested into it and 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 also i’ve still not actually figured out the dividends and how that shows up so that potentially resembles a bit of a 50 50 for me not quite sure yet to see this area that’s pretty much it if you have an interest in giving them a go i do have a referral link down below that you can use and you do not even need to top up you can just utilize the virtual portfolio initially simply to see what you think discover the platform and then decide on whether you wish to utilize it or not so i ‘d love to know your thoughts if you do try it out what you think about it and yeah that’s basically it for th.