the consensus is in terms of our experts saying to buy to hold to sell the stock all the rankings where it’s come from Etoro\’s Fees…
I think there’s a lot of interest about i do get a lot of concerns 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 believe are great about the platform and the things i think are bad about the platform and then you can make a choice on whether or not you want to offer it a go let’s dive straight in so the first big pro for me is the fact that they have expert scores and research i absolutely love this it’s got an entire 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 provides you the rate 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 expert deals as well so it just reveals you whether insiders have purchased the shares um over the last couple of months or not i believe this is absolutely great and displayed in a really simple format so for me this is a huge plus for the platform a 2nd big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i believe this reduces your foreign exchange danger so in theory you might just top up a larger quantity when the currency remains 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 costs every time 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 convert back to your own currency this undoubtedly 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 gain access to not just to stocks however likewise to commodities and cryptocurrency certainly this isn’t actually something that beginners must meddle however it does have that choice for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally enter and speak to individuals comment on post see what people are publishing about each specific stock almost have like discussions 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 very transparent and i think it’s really excellent due to the fact that you often 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 just to see what people are thinking the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i believe i’ve discussed 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 talked about this before however they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform due to the fact that they’ve got loads of different styles of these portfolios um that you can select from so that’s a huge plus for me the final pro from my viewpoint is it’s simply got a really nice layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly really nice desktop version it looks truly clean easy to use i didn’t truly have any concerns with finding out what to do i like that for each stock you can enter and see whatever in one place you know you can click
on the chart you can click on the research study you can click the news and it will just inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks truly nice and clean and actually has a great deal of information on the main portfolio page which i actually like now for the cons i believe there are 3 primary cons in regards to in my opinion clearly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i use them myself but ones to be familiar with the very first one i believe it is a bit too easy to trade cfds so due to the fact that the cfd platform and the normal trading platform are incorporated into one it makes it quite 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 accidentally open a cfd which is actually excellent and that’s basically one of the primary reasons that i do utilize them so it’s not really something to stress over mistakenly doing but i generally think that a lot 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 cash um not on really but still trading cfds so i think usually there ought to most likely be a bit more it’s going to say policy but simply generally a little bit more like a few 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 discuss is people grumbling about the charges now yes whilst you may compare to certain platforms that have lower fees there are likewise loads of platforms that have much higher charges so swings and roundabouts truly it all depends upon the big picture um they have a five dollar withdrawal charge is that actually that much maybe 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 just going to be securing 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 fees on their fee page but generally the real investing into stocks is commission totally free so as soon as you’ve topped up you can do as lots of transactions as you want in terms of purchasing underlying assets without paying extra fees and finally the last con from me is the portfolio history so i discover it a little bit tough to find out sort of what i have actually invested where i need to go into each individual stock just to see when i have actually 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 determined the dividends and how that shows up so that possibly is like a little 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 use and you don’t even need to top up you can simply use the virtual portfolio initially simply to see what you believe learn the platform and then make a decision on whether you wish to utilize it or not so i ‘d like to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.