the agreement remains in regards to our analysts stating to purchase to hold to sell the stock all the ratings where it’s come from Fxtm Vs Etoro…
so i believe there’s a great deal 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 advantages and disadvantages the things that i believe are excellent about the platform and the important things i believe are bad about the platform and then you can make a decision on whether you wish to try let’s jump straight in so the first big pro for me is the reality that they have analyst rankings and research i absolutely enjoy this it’s got an entire page for each of the stocks simply telling you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks 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 buying or offering and the insider deals as well so it just reveals you whether experts have actually purchased the shares um over the last couple of months or not i think this is definitely great and displayed in a really simple format so for me this is a huge plus for the platform a 2nd substantial plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i believe this lessens your foreign exchange risk so in theory you could simply top up a bigger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx fees whenever that you make a transaction whereas here that does not happen you just pay the fx fee
What is social trading?
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 3rd huge pro of the platform in my opinion is that it offers you access not simply to stocks but also to commodities and cryptocurrency obviously this isn’t truly something that novices need to dabble in but it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and talk with people talk about post see what people are posting about each private stock nearly have like conversations about it and you can really look at people’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 revenues they’ve made and whatever it is really transparent and i think it’s really good due to the fact that you often get like notices saying like so many individuals are talking about tesla right now like see all the posts
here and it’s really cool simply to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 options i believe i’ve pointed out 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 have actually talked about this before however they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform since they’ve got loads of different styles of these portfolios um that you can pick from so that’s a big plus for me the last pro from my viewpoint is it’s just got a truly nice design control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually actually good desktop version it looks really clean easy to use i didn’t truly have any issues with figuring 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 the research you can click on the news and it will simply tell you all the news about that particular stock it’s actually cool and also your portfolio just looks clean and really good and in fact has a lot of data on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my opinion plainly they’re not ones that have put me off utilizing the platform um you know i’ve done portfolio updates i utilize them myself however ones to be aware of the first one i think it is a bit too easy to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it quite simple for individuals to trade cfds now they do put
cautions in place and it’s not like you can just click a button and accidentally open a cfd which is really great and that’s pretty much one of the main reasons that i do utilize them so it’s not truly something to worry about inadvertently doing however i usually think that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail investors i know several people who’ve lost quite a great deal of money um not on really but still trading cfds so i believe generally there must most likely be a bit more it’s going to state regulation however simply usually 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 comes up a lot when i discuss is individuals grumbling about the charges now yes whilst you may compare to specific platforms that have lower costs there are also loads of platforms that have much higher charges so swings and roundabouts truly all of it depends on 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 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 really matter most likely not so simply weigh that up um when you when you look at it there’s a couple of other charges on their cost page but generally the real investing into stocks is commission free so when you’ve topped up you can do as lots of deals as you desire in regards to purchasing underlying properties without paying additional fees and lastly the last con from me is the portfolio history so i find it a little bit hard to determine sort of what i have actually 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 figured out the dividends and how that appears so that possibly is like a bit of a 50 50 for me not quite sure yet to enjoy this area that’s basically it if you have an interest in providing a go i do have a referral link down listed below that you can use and you don’t even have to top up you can simply use the virtual portfolio initially simply to see what you think find out the platform and after that decide on whether you want to utilize it or not so i ‘d love to understand your ideas if you do try it out what you think of it and yeah that’s basically it for th.