the agreement remains in terms of our analysts saying to buy to hold to sell the stock all the rankings where it’s originated from Trading 212 Vs Etoro Vs Plus500…
so i think there’s a lot of curiosity about i do get a great deal of questions asking me about the platform so i believed i would do a quick video simply taking you through the advantages and disadvantages the important things that i think are great about the platform and the things i think are bad about the platform and after that you can decide on whether you want to try let’s dive straight in so the very first huge pro for me is the truth that they have analyst rankings and research study i definitely love this it’s got an entire page for each of the stocks just telling you what analysts are doing and saying about the stock so you can see here for instance on johnson and johnson what it looks like it provides 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 purchasing or selling and the insider deals too so it simply reveals you whether experts have bought the shares um over the last couple of months or not i believe this is absolutely terrific and displayed in an actually simple format so for me this is a big plus for the platform a second big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this decreases your forex threat so in theory you might simply top up a larger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx charges whenever that you make a deal whereas here that doesn’t happen you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks but also to commodities and cryptocurrency clearly this isn’t actually something that newbies should dabble in but it does have that choice 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 literally enter and speak with individuals comment on post see what individuals are publishing about each individual stock practically have like discussions about it and you can actually look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the earnings they’ve made and everything it is extremely transparent and i believe it’s really excellent due to the fact that you typically get like notices stating like so many individuals are talking about tesla today 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 viewpoint the copy portfolios so they have 2 alternatives i believe i have actually discussed before you can either copy specific people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually talked about this before but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my opinion 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 substantial plus for me the last pro from my viewpoint is it’s simply got a truly nice layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have a truly truly nice desktop variation it looks truly tidy easy to use i didn’t actually have any issues with figuring 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 you can click the news and it will just tell you all the news about that specific stock it’s truly cool and likewise your portfolio just looks truly great and clean and actually has a great deal of data on the main portfolio page which i actually like now for the cons i think there are three primary cons in regards to in my opinion clearly they’re not ones that have actually put me off utilizing the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be aware of the very first one i think it is a little bit too simple to trade cfds so since the cfd platform and the normal 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 mistakenly open a cfd which is really excellent and that’s basically one of the main factors that i do use them so it’s not truly something to fret about unintentionally doing but i generally think that a great deal of the platforms that use cfds need to make it even harder to open cfds for retail financiers i know quite a few people who have actually lost rather a lot of cash um not on really however still trading cfds so i think generally there need to probably be a bit more it’s going to state guideline however simply typically a little more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i talk about is individuals grumbling about the costs 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 it all depends upon the big picture um they have a 5 dollar withdrawal cost is that actually that much maybe 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 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 few other costs on their fee page but usually the actual investing into stocks is commission totally free so when you’ve topped up you can do as numerous transactions as you desire in regards to buying underlying properties without paying additional fees and finally the last con from me is the portfolio history so i find it a little bit hard to find out sort of what i’ve invested where i have to go into each individual 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 truly determined the dividends and how that shows up so that potentially is like a little bit of a 50 50 for me not quite sure yet to enjoy this area that’s basically it if you have an interest in providing a go i do have a recommendation link down listed below that you can use and you do not even have to top up you can simply use the virtual portfolio initially just to see what you believe find out the platform and after that decide on whether you wish to utilize it or not so i ‘d enjoy to know your ideas if you do try it out what you consider it and yeah that’s practically it for th.