the consensus remains in terms of our experts stating to purchase to hold to offer the stock all the ratings where it’s originated from Etoro Login Uk…
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 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 or not you want to offer it a go let’s dive straight in so the very first huge pro for me is the fact that they have expert ratings and research i definitely enjoy this it’s got an entire page for each of the stocks simply 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 rate 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 transactions also so it just reveals you whether insiders have actually bought the shares um over the last few months or not i believe this is absolutely great 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 reality that your currency is held in u.s dollars so i guess this is subjective however i think this decreases your foreign exchange risk so in theory you might just top up a larger amount when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx fees each time that you make a transaction 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 transform back to your own currency this obviously works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it provides you gain access to not simply to stocks but also to products and cryptocurrency clearly this isn’t actually something that newbies need to dabble in however it does have that choice 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 talk to individuals talk about post see what people are publishing about each specific stock practically have like discussions about it and you can in fact take a look at people’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the revenues they’ve made and everything it is very transparent and i think it’s actually excellent since you frequently get like notifications stating thus many people are discussing tesla today like see all the posts
here and it’s truly cool just to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have two alternatives i think i’ve 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 but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s actually cool and i believe it’s a substantial plus of the platform because they have actually got loads of different themes of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my point of view is it’s just got a truly great layout dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have a really really good desktop variation it looks really 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 go in and see everything in one place you understand you can click
on the chart you can click on the research study you can click on the news and it will just inform you all the news about that specific stock it’s actually cool and also your portfolio simply looks clean and really good and actually has a lot of information on the main portfolio page which i truly 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 put me off using the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be aware of the first one i believe it is a little bit too easy to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it quite simple for individuals 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 truly excellent which’s basically one of the primary reasons that i do use them so it’s not actually something to fret about mistakenly doing however i usually think that a lot of the platforms that offer cfds must make it even harder to open cfds for retail investors i understand quite a few people who’ve lost quite a great deal of cash um not on in fact however still trading cfds so i think usually there must most likely be a little bit more it’s going to say policy but simply generally a bit more like a few 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 speak about is individuals grumbling about the costs now yes whilst you may compare to specific platforms that have lower fees there are likewise 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 actually that much possibly if you’re continuously withdrawing l.
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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 securing 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 costs on their cost page but normally the real investing into stocks is commission complimentary so as soon as you’ve topped up you can do as numerous deals as you desire in regards to purchasing underlying possessions without paying additional charges and finally the last con from me is the portfolio history so i discover it a little bit challenging to determine sort of what i’ve invested where i have to go into each specific stock just to see when i’ve 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 financial investments if possible and likewise i’ve still not really figured out the dividends and how that shows up so that potentially is like a bit of a 50 50 for me not quite sure yet to see 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 don’t even need to top up you can simply utilize the virtual portfolio at first simply to see what you believe discover the platform and after that make a decision on whether you wish to use it or not so i ‘d love to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.