the consensus is in regards to our experts saying to buy to hold to offer the stock all the scores where it’s originated from Etoro Selfie Verification Email…
so i think there’s a lot of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick video simply taking you through the pros and cons the things that i think are good about the platform and the things i think are bad about the platform and after that you can decide on whether you want to give it a go let’s jump directly in so the very first big pro for me is the reality that they have expert ratings and research i absolutely enjoy this it’s got an entire page for each of the stocks just telling you what experts are doing and saying about the stock so you can see here for instance on johnson and johnson what it appears like it gives 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 offering and the expert deals 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 great and shown in an actually simple format so for me this is a big plus for the platform a second substantial 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 lessens your foreign exchange danger so in theory you might just top up a bigger quantity when the currency remains in your favor and just hold the cash 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 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 clearly works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it gives you access not just to stocks however likewise to products and cryptocurrency clearly this isn’t really something that newbies ought to meddle but it does have that alternative 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 actually enter and speak to individuals discuss post see what people are publishing about each private stock almost have like discussions about it and you can actually take a look at people’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the earnings they have actually made and everything it is very transparent and i think it’s actually great since you frequently get like notices stating thus many people are talking about tesla right now like see all the posts
here and it’s actually cool just to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have two choices i think i have actually mentioned 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’ve talked about this before however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s actually cool and i think it’s a big plus of the platform because they have actually got loads of different styles 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 an actually nice design control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly actually nice desktop variation it looks truly clean easy to use i didn’t truly have any problems with finding out what to do i like that for each stock you can enter and see whatever in one place you understand you can click
on the chart you can click the research 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 just looks really great and clean and actually has a lot of information on the main portfolio page which i truly like now for the cons i think there are 3 primary cons in terms of in my opinion plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i use them myself however ones to be knowledgeable about the very first one i believe it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the regular 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 simply click a button and inadvertently open a cfd which is truly excellent which’s practically one of the main factors that i do utilize them so it’s not really something to worry about accidentally doing but i normally believe that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail investors i understand numerous people who’ve lost quite a great deal of cash um not on actually however still trading cfds so i believe generally there must most likely be a little bit more it’s going to say guideline however just normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that comes up a lot when i talk about is people complaining about the costs now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much higher costs so roundabouts and swings actually everything depends upon the big picture um they have a five dollar withdrawal fee is that truly that much possibly if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes possibly that’s a lot however if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it truly matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other fees on their cost page however generally the actual investing into stocks is commission complimentary so when you have actually topped up you can do as lots of deals as you desire in terms of purchasing underlying possessions without paying additional charges and lastly the last con from me is the portfolio history so i discover it a little bit hard to find out sort of what i’ve invested where i need to go into each private 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 likewise i’ve still not actually found out the dividends and how that appears so that potentially is like a little a 50 50 for me not quite sure yet to watch this area that’s basically it if you have an interest in giving them a go i do have a referral link down below that you can use and you don’t even have to top up you can simply utilize the virtual portfolio initially simply to see what you think find out the platform and then decide on whether you want to utilize it or not so i ‘d like to know your ideas if you do try it out what you think of it and yeah that’s pretty much it for th.