the agreement is in regards to our analysts stating to purchase to hold to sell the stock all the ratings where it’s originated from Leverage Fees 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 simply taking you through the pros and cons the things that i think are great 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 give it a go let’s jump straight in so the very first big pro for me is the fact that they have expert rankings and research study i absolutely enjoy this it’s got a whole page for each of the stocks just telling 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 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 offering or purchasing and the expert deals as well so it simply reveals you whether insiders have actually purchased the shares um over the last few months or not i think this is definitely excellent and displayed in an actually easy format so for me this is a huge plus for the platform a 2nd huge plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective however i think this reduces 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 great deal of the platforms you have to pay the fx fees every time that you make a transaction 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 opinion is that it gives you access not just to stocks but also to products and cryptocurrency certainly this isn’t actually something that newbies must dabble in however it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can actually go in and talk to individuals talk about post see what people are publishing about each specific stock nearly have like conversations about it and you can really look at individuals’s portfolios so you can go 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 have actually made and whatever it is very transparent and i think it’s actually excellent since you often get like notifications saying like so many people are talking about tesla today like see all the posts
here and it’s actually cool just to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have two alternatives i think i have actually discussed before you can either copy private individuals 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 energy portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s truly cool and i believe it’s a substantial 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 final pro from my viewpoint is it’s simply got a really great design dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have an actually really nice desktop variation it looks truly clean 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 whatever in one location you know you can click
on the chart you can click the research study you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and also your portfolio just looks clean and really great and actually has a great deal of information on the primary portfolio page which i truly like now for the cons i think there are 3 main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i use them myself but ones to be familiar with the very first one i think it is a little bit too easy to trade cfds so because the cfd platform and the typical trading platform are incorporated into one it makes it quite easy 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 actually excellent which’s basically among the main reasons that i do use them so it’s not truly something to fret about unintentionally doing however i typically think that a great deal of the platforms that use cfds should make it even harder to open cfds for retail investors i know numerous people who have actually lost quite a great deal of money um not on really however still trading cfds so i believe normally there ought to probably be a little bit more it’s going to state regulation however simply normally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that shows up a lot when i speak about is individuals grumbling about the fees now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much greater costs so swings and roundabouts really it all depends upon the big picture um they have a 5 dollar withdrawal fee is that really that much maybe 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 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 few other costs on their fee page but generally the real investing into stocks is commission complimentary so once you have actually topped up you can do as lots of deals as you want in regards to buying underlying assets without paying additional fees and finally the last con from me is the portfolio history so i find it a little bit challenging to figure out sort of what i have actually invested where i have to go into each specific stock simply to see when i have actually 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 truly like to see all of the investments if possible and also i have actually still not really determined the dividends and how that appears so that potentially is like a little bit of a 50 50 for me not quite sure yet to watch this area that’s practically it if you have an interest in providing a go i do have a referral link down below that you can use and you do not even need to top up you can simply use the virtual portfolio at first just to see what you believe find out the platform and then make a decision on whether you wish to utilize it or not so i ‘d love to understand your ideas if you do try it out what you think about it and yeah that’s basically it for th.