the consensus remains in terms of our experts saying to buy to hold to sell the stock all the rankings where it’s originated from Why Are All Stocks Not On Etoro…
I believe there’s a lot of curiosity about i do get a lot of concerns 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 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 desire to offer it a go let’s jump straight in so the very first big pro for me is the fact that they have analyst rankings and research i definitely love 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 example on johnson and johnson what it looks like it provides you the price 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 purchasing or selling and the expert transactions too so it just reveals you whether insiders have purchased the shares um over the last couple of months or not i believe this is definitely fantastic and displayed in a really simple format so for me this is a huge plus for the platform a second big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i think this minimizes your foreign exchange risk so in theory you could just top up a larger quantity when the currency remains 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 each time that you make a transaction whereas here that does not occur you just pay the fx fee
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when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks however also to commodities and cryptocurrency undoubtedly this isn’t truly something that beginners must meddle 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 aspect of the platform so you can literally go in and talk to people comment on post see what people are posting about each private stock practically have like discussions about it and you can really look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they’ve made and everything it is very transparent and i think it’s truly good because you typically get like notices 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 individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i think i’ve pointed out 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 spoken about this prior to however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s truly cool and i believe it’s a huge plus of the platform since they’ve got loads of various themes of these portfolios um that you can pick from so that’s a big plus for me the last pro from my point of view is it’s simply got an actually good layout control panel and the method it’s established so unlike the other platforms that i use at the moment they have an actually really great desktop version it looks truly tidy easy to use i didn’t actually have any issues with determining what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click on the research study you can click on the news and it will simply inform you all the news about that particular stock it’s actually cool and likewise your portfolio simply looks truly good and clean and really has a lot of data on the main portfolio page which i really like now for the cons i think there are three main cons in terms of in my viewpoint clearly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i use them myself but ones to be knowledgeable about the first one i believe it is a little bit too simple to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and unintentionally open a cfd which is really good which’s pretty much among the main reasons that i do utilize them so it’s not actually something to worry about accidentally doing however i usually think that a lot of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i know many people who’ve lost rather a great deal of money um not on really but still trading cfds so i think normally there need to most likely be a little bit more it’s going to state guideline but simply normally 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 fees so this is something that turns up a lot when i discuss is individuals grumbling about the charges now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much higher charges so roundabouts and swings really it all depends upon the big picture um they have a five dollar withdrawal fee is that truly that much possibly 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 getting like a thousand pounds at a time then does it actually 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 generally the actual investing into stocks is commission totally free so once you’ve topped up you can do as numerous deals as you want in regards to buying underlying properties without paying additional charges and finally the last con from me is the portfolio history so i discover it a bit tough to determine 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 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 actually like to see all of the financial investments if possible and likewise i have actually still not really found out the dividends and how that appears so that possibly resembles a little 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 recommendation link down 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 then decide 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.