the consensus is in terms of our experts saying to buy to hold to offer the stock all the rankings where it’s come from Etoro Fees Vs Coinbase…
I believe there’s a lot of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the pros and cons the things that i believe are excellent 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 jump directly in so the very first huge pro for me is the fact that they have analyst rankings and research i absolutely like this it’s got a whole page for each of the stocks simply informing you what experts are doing and stating 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 selling or buying and the insider deals also so it simply shows you whether experts have purchased the shares um over the last couple of months or not i believe this is definitely great and shown in a really easy format so for me this is a big plus for the platform a second big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this decreases your foreign exchange threat so in theory you could simply top up a larger amount when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx costs whenever that you make a deal 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 undoubtedly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it provides you access not just to stocks however also to commodities and cryptocurrency clearly this isn’t really something that beginners should meddle but it does have that choice for those of you who have an interest 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 to individuals talk about post see what individuals are publishing about each specific stock almost have like discussions about it and you can really look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are investing in including the popular traders you can see the earnings they’ve made and whatever it is very transparent and i believe it’s actually excellent because you frequently get like alerts stating like so many people are speaking about tesla today like see all the posts
here and it’s actually cool simply to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have 2 choices i believe i have actually pointed out before 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 before but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind 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 themes of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my point of view is it’s simply got a really great layout control panel and the way it’s established so unlike the other platforms that i use at the moment they have a truly actually good desktop variation it looks actually tidy easy to use i didn’t really 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 you can click the news and it will just tell you all the news about that particular stock it’s really cool and likewise your portfolio just looks actually great 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 regards to in my opinion plainly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i use them myself however ones to be aware of the 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 normal trading platform are integrated into one it makes it quite easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and accidentally open a cfd which is actually good which’s practically among the primary reasons that i do utilize them so it’s not truly something to stress over mistakenly doing but i generally believe that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail investors i know numerous individuals who’ve lost quite a great deal of cash um not on in fact but still trading cfds so i think typically there need to probably be a bit more it’s going to say policy but 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 costs so this is something that comes up a lot when i talk about is people complaining about the costs now yes whilst you may compare to certain platforms that have lower fees there are also loads of platforms that have much greater fees so swings and roundabouts truly everything depends on the big picture um they have a 5 dollar withdrawal fee is that truly that much perhaps if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 actually matter most likely not so just weigh that up um when you when you take a look at it there’s a few other charges on their cost page but normally the actual investing into stocks is commission free so as soon as you’ve topped up you can do as many transactions as you want in terms of buying underlying properties without paying extra fees and finally the last con from me is the portfolio history so i find it a little bit challenging to find out sort of what i have actually invested where i have to go into each individual 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 truly like to see all of the investments if possible and also i have actually still not actually found out the dividends and how that appears so that possibly is like a little bit of a 50 50 for me not quite sure yet to watch this space that’s pretty much it if you have an interest in providing a go i do have a referral link down listed below that you can utilize and you do not even need to top up you can just utilize the virtual portfolio initially just to see what you believe discover the platform and after that make a decision on whether you want to use 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.