the consensus remains in terms of our analysts stating to purchase to hold to offer the stock all the rankings where it’s come from Etoro Singapore Fees…
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 fast 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 then you can make a decision on whether or not you want to give it a go let’s jump straight in so the first big pro for me is the truth that they have expert ratings and research i absolutely enjoy this it’s got a whole page for each of the stocks just 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 offers 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 offering or purchasing and the insider deals too so it just reveals you whether experts have bought the shares um over the last few months or not i think this is definitely fantastic and displayed in an actually simple format so for me this is a substantial plus for the platform a second substantial plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i believe this reduces your foreign exchange threat so in theory you might simply top up a larger quantity 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 whenever that you make a deal whereas here that doesn’t occur you just pay the fx cost
What is social trading?
when you top up and when you withdraw and convert 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 gives you access not just to stocks but also to products and cryptocurrency clearly this isn’t truly something that beginners must meddle however 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 aspect of the platform so you can literally go in and talk with people comment on post see what individuals are publishing about each individual stock almost have like discussions about it and you can in fact look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and everything it is extremely transparent and i believe it’s truly excellent because you frequently get like alerts saying like so many people are discussing tesla right now like see all the posts
here and it’s truly cool just to see what individuals are believing the next pro of the platform is in my viewpoint the copy portfolios so they have two alternatives i think i have actually mentioned 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 have actually spoken about this prior to but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s really cool and i believe it’s a big plus of the platform since they have actually got loads of various styles of these portfolios um that you can choose from so that’s a huge plus for me the final pro from my perspective is it’s just got a really good layout dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have an actually truly great desktop version it looks actually clean easy to use i didn’t actually have any concerns with finding 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 you can click on the news and it will just inform you all the news about that specific stock it’s really cool and likewise your portfolio just looks tidy and actually great and in fact has a lot of data on the primary portfolio page which i actually like now for the cons i think there are three primary cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself but ones to be familiar with the very first one i think 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 incorporated into one it makes it rather simple for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and inadvertently open a cfd which is really great and that’s pretty much among the main factors that i do use them so it’s not actually something to stress over accidentally doing however i typically believe that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know several individuals who’ve lost quite a great deal of money um not on really but still trading cfds so i believe usually there need to most likely be a little bit more it’s going to say policy however just typically a little bit more like a couple of more
hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that shows up a lot when i speak about is individuals 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 swings and roundabouts really all of it depends on the big picture um they have a five dollar withdrawal cost is that actually that much perhaps if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot but 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 most likely not so simply weigh that up um when you when you look at it there’s a couple of other costs on their cost page however normally the actual investing into stocks is commission complimentary so once you’ve topped up you can do as lots of deals as you want in regards to purchasing underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i discover it a little bit challenging to find out sort of what i’ve invested where i need to go into each individual stock simply 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 investments if possible and also i’ve still not really figured 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 watch this space that’s practically it if you have an interest in giving them a go i do have a recommendation link down listed below that you can use and you do not even need to top up you can just use 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 think of it and yeah that’s pretty much it for th.