the agreement remains in terms of our analysts stating to buy to hold to offer the stock all the ratings where it’s come from Tradeo Vs Etoro…
so i believe 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 simply taking you through the advantages and disadvantages 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 you want to try let’s jump directly in so the first big pro for me is the reality that they have analyst ratings and research study i definitely like this it’s got an entire page for each of the stocks just informing you what analysts are doing and stating 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 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 selling or buying and the insider transactions as well so it simply shows you whether insiders have bought the shares um over the last couple of months or not i believe this is absolutely terrific and displayed in an actually easy format so for me this is a substantial plus for the platform a 2nd huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i think this decreases your foreign exchange danger so in theory you might simply top up a larger amount when the currency is in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges every time that you make a deal whereas here that doesn’t happen 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 clearly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it offers you gain access to not just to stocks but also to products and cryptocurrency certainly this isn’t truly something that novices must meddle however it does have that option for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and speak with people comment on post see what individuals are posting about each specific stock practically have like conversations about it and you can really take a look at individuals’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 have actually made and whatever it is really transparent and i think it’s actually excellent because you typically get like notifications stating like so many individuals are discussing tesla right now like see all the posts
here and it’s truly cool simply to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have 2 choices i believe i have actually discussed before 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 discussed this before however 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 really cool and i believe it’s a substantial plus of the platform because they’ve got loads of different themes of these portfolios um that you can choose from so that’s a big plus for me the final pro from my perspective is it’s simply got a really great design dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a really 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 tell you all the news about that particular stock it’s actually cool and likewise your portfolio just looks clean and actually nice and in fact has a great deal of information on the primary 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 utilizing the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be knowledgeable about the first one i believe it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the regular trading platform are integrated into one it makes it quite easy for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and unintentionally open a cfd which is actually excellent which’s practically one of the primary reasons that i do utilize them so it’s not really something to fret about unintentionally doing however i generally believe that a great deal of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand quite a few individuals who’ve lost quite a lot of money um not on actually however still trading cfds so i believe usually there need to probably be a bit more it’s going to state guideline but just normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i speak about is individuals complaining about the costs now yes whilst you might compare to specific platforms that have lower fees there are likewise loads of platforms that have much higher charges so roundabouts and swings actually it all depends on the big picture um they have a 5 dollar withdrawal cost 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 truly matter most likely not so just weigh that up um when you when you look at it there’s a few other fees on their charge page but generally the actual investing into stocks is commission totally free so once you’ve topped up you can do as many transactions as you want in regards to buying underlying possessions without paying extra fees and lastly the last con from me is the portfolio history so i find it a little bit tough to figure out sort of what i’ve invested where i need to go into each private 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 investments if possible and also i’ve still not really found out the dividends and how that appears so that potentially is like a little bit of a 50 50 for me not quite sure yet to view this area that’s practically it if you have an interest in providing a go i do have a recommendation link down below that you can use and you don’t even have to top up you can simply use the virtual portfolio initially just to see what you believe discover the platform and after that make a decision on whether you want to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.