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so i believe there’s a great deal of curiosity about i do get a great deal of concerns asking me about the platform so i believed i would do a fast video just taking you through the benefits and drawbacks 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 or not you want to give it a go let’s dive straight in so the very first big pro for me is the truth that they have expert rankings and research study i absolutely love this it’s got a whole page for each of the stocks just telling you what analysts 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 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 insider transactions as well so it just reveals you whether insiders have actually purchased the shares um over the last few months or not i believe this is definitely excellent and shown in a truly easy format so for me this is a big 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 but i believe this lessens your foreign exchange threat so in theory you could simply top up a larger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx costs whenever that you make a deal whereas here that doesn’t occur you simply pay the fx cost

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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 3rd big pro of the platform in my opinion is that it gives you access not just to stocks however also to products and cryptocurrency undoubtedly this isn’t really something that newbies ought to meddle but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and talk with individuals discuss post see what people are publishing about each individual stock almost have like discussions about it and you can really take a look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they have actually made and whatever it is very transparent and i believe it’s really excellent because you frequently get like notifications saying thus lots of people are talking about tesla right now like see all the posts

here and it’s truly cool simply to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i think i’ve mentioned prior to 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 spoken about this prior to but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s actually cool and i think it’s a substantial plus of the platform because they’ve got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my point of view is it’s just got a truly great layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have a truly actually great desktop variation it looks actually tidy easy to use i didn’t actually have any issues with finding 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 the research you can click on the news and it will just inform you all the news about that specific stock it’s truly cool and also your portfolio just looks actually good and tidy and actually has a lot of data on the primary portfolio page which i actually like now for the cons i think there are 3 main cons in terms of in my opinion clearly they’re not ones that have put me off utilizing the platform um you know i’ve done portfolio updates i use them myself but ones to be aware of the first one i believe it is a little bit too easy to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it quite easy 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 excellent and that’s pretty much one of the main reasons that i do utilize them so it’s not truly something to stress over inadvertently doing however i usually think that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i know numerous individuals who’ve lost quite a lot of money um not on really but still trading cfds so i believe usually there should most likely be a little bit more it’s going to say guideline but just generally a bit more like a couple of more

hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that shows up a lot when i talk about is people complaining about the charges now yes whilst you might compare to particular platforms that have lower charges there are likewise loads of platforms that have much greater fees so swings and roundabouts really everything depends on the big picture um they have a 5 dollar withdrawal fee is that really that much maybe if you’re constantly withdrawing l.

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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 taking out like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you look at it there’s a few other charges on their charge page however usually the real investing into stocks is commission complimentary so when you’ve topped up you can do as lots of transactions as you want in regards to purchasing underlying properties without paying additional costs and lastly the last con from me is the portfolio history so i discover it a bit difficult to figure out sort of what i have actually invested where i need 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 actually like to see all of the financial investments if possible and likewise i’ve still not really figured out the dividends and how that appears so that potentially is like 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 below that you can utilize and you don’t even need to top up you can just use the virtual portfolio initially simply to see what you believe discover the platform and after that make a decision on whether you want to utilize it or not so i ‘d enjoy to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.