the agreement is in regards to our experts saying to purchase to hold to sell the stock all the scores where it’s come from Which Is Better Etoro Or Trading 212…
I think there’s a lot of curiosity 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 believe are great about the platform and the things i think are bad about the platform and then you can make a choice on whether or not you want to offer it a go let’s dive straight in so the first huge pro for me is the truth that they have analyst scores and research study i absolutely love this it’s got a whole page for each of the stocks simply informing you what analysts 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 price 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 expert transactions as well so it simply reveals you whether experts have purchased the shares um over the last couple of months or not i think this is absolutely terrific and shown in a really easy format so for me this is a substantial plus for the platform a 2nd huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i think this reduces your foreign exchange risk so in theory you could just top up a bigger quantity when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx costs whenever that you make a deal whereas here that does not occur you just pay the fx cost
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when you top up and when you withdraw and convert back to your own currency this clearly works best 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 simply to stocks but likewise to commodities and cryptocurrency obviously this isn’t actually something that beginners should dabble in but 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 literally enter and talk to people talk about post see what individuals are publishing about each individual stock practically have like conversations about it and you can in fact take a look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and whatever it is extremely transparent and i believe it’s truly excellent due to the fact that you typically get like notifications saying like so many people are talking about tesla today like see all the posts
here and it’s actually cool just to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 options i believe i’ve pointed out before you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this before however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s actually cool and i believe it’s a big plus of the platform since they have actually got loads of different themes of these portfolios um that you can choose from so that’s a substantial plus for me the final pro from my point of view is it’s simply got a truly great layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have an actually actually nice desktop version it looks truly clean easy to use i didn’t actually have any problems with determining what to do i like that for each stock you can enter and see whatever 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 simply inform you all the news about that particular stock it’s truly cool and also your portfolio just looks tidy and really great and really has a lot of information on the main portfolio page which i truly like now for the cons i believe there are three main cons in regards to in my viewpoint plainly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i use them myself but ones to be aware of the very first one i think it is a bit too easy to trade cfds so because the cfd platform and the normal trading platform are integrated into one it makes it quite simple for people to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and accidentally open a cfd which is actually excellent which’s practically among the main reasons that i do utilize them so it’s not actually something to fret about inadvertently doing but i usually believe that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail investors i understand quite a few individuals who have actually lost quite a lot of cash um not on in fact but still trading cfds so i believe usually there need to probably be a bit more it’s going to state policy but simply generally a little more like a couple of more
hoops to leap 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 speak about is individuals grumbling about the costs now yes whilst you may compare to certain platforms that have lower costs there are also loads of platforms that have much higher fees so swings and roundabouts actually it all depends upon the big picture um they have a five dollar withdrawal cost is that truly that much possibly if you’re constantly 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 take a look at it there’s a few other charges on their charge page however usually the actual investing into stocks is commission totally free so once you’ve topped up you can do as lots of transactions as you want in regards to buying underlying assets without paying additional fees and lastly the last con from me is the portfolio history so i discover it a little bit challenging to figure out sort of what i’ve invested where i need to go into each specific stock simply to see when i’ve invested into it and 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 actually like to see all of the investments if possible and also i’ve still not truly found out the dividends and how that shows up so that possibly resembles a bit of a 50 50 for me not quite sure yet to view this area that’s practically it if you are interested in giving them a go i do have a referral link down below that you can use and you do not even have to top up you can just utilize the virtual portfolio at first simply to see what you think discover the platform and then decide on whether you wish to utilize it or not so i ‘d enjoy to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.