the agreement remains in regards to our experts stating to purchase to hold to sell the stock all the rankings where it’s come from What Is Trade And Order In Etoro…
I think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a quick video simply taking you through the pros and cons the things that i believe are excellent about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you want to provide it a go let’s dive directly in so the very first huge pro for me is the truth that they have expert scores and research study i absolutely love this it’s got a whole page for each of the stocks simply telling 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 provides 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 expert transactions too so it simply reveals you whether experts have purchased the shares um over the last couple of months or not i think this is definitely terrific and shown in an actually easy format so for me this is a big plus for the platform a second huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i believe this reduces your forex risk so in theory you might just top up a bigger amount when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx costs every time that you make a deal whereas here that does not happen you just pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it offers you access not just to stocks however also to products and cryptocurrency certainly this isn’t truly something that novices should meddle but it does have that option for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally enter and speak to individuals talk about post see what people are posting about each specific stock practically have like discussions about it and you can really look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the revenues they’ve made and whatever it is really transparent and i think it’s truly good since you typically get like alerts saying thus many people are speaking about tesla today like see all the posts
here and it’s really cool just to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 choices i believe i’ve discussed prior to 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’ve spoken about this prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i think 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 huge plus for me the final pro from my perspective is it’s just 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 an actually actually great desktop version it looks actually tidy easy to use i didn’t really have any concerns with figuring out what to do i like that for each stock you can enter and see everything in one place you know 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 actually cool and also your portfolio just looks actually nice and clean and actually has a great deal of information on the primary portfolio page which i actually like now for the cons i believe there are 3 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 have actually done portfolio updates i use them myself but ones to be aware of the very first one i believe it is a bit too simple to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it rather easy for people 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 great which’s pretty much one of the main reasons that i do use them so it’s not truly something to stress over unintentionally doing but i normally think that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i understand quite a few people who have actually lost rather a lot of money um not on really however still trading cfds so i think generally there ought to most likely be a little bit more it’s going to say guideline but just generally a little bit more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i talk about is individuals grumbling about the fees now yes whilst you might compare to certain platforms that have lower fees there are also loads of platforms that have much higher costs so roundabouts and swings actually all of it depends on the big picture um they have a 5 dollar withdrawal charge is that really that much maybe if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it truly matter most likely not so simply weigh that up um when you when you take a look at it there’s a few other charges on their fee page but generally the actual investing into stocks is commission complimentary so when you’ve topped up you can do as lots of transactions as you desire in terms of purchasing underlying properties without paying additional costs and lastly the last con from me is the portfolio history so i find it a little bit difficult 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 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 figured out the dividends and how that shows up so that possibly is like a little a 50 50 for me not quite sure yet to see 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 have to top up you can just use the virtual portfolio at first simply to see what you think learn the platform and then make a decision on whether you want to use it or not so i ‘d like to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.