the consensus is in regards to our experts stating to buy to hold to sell the stock all the ratings where it’s come from Etoro Verification Levels…
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 just 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 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 ratings and research study i definitely 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 gives you the cost 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 insider deals also so it simply reveals you whether experts have actually purchased the shares um over the last couple of months or not i believe this is absolutely fantastic and displayed in a really easy format so for me this is a huge plus for the platform a second huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i think this decreases your foreign exchange risk so in theory you might simply top up a larger quantity when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges each time that you make a transaction whereas here that doesn’t occur you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it gives you gain access to not simply to stocks but also to commodities and cryptocurrency obviously this isn’t really something that newbies ought to meddle however 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 element of the platform so you can actually enter and speak with people discuss post see what individuals are publishing about each specific stock nearly have like conversations about it and you can in fact look at people’s portfolios so you can go into anyone’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 believe it’s truly great due to the fact that you frequently get like notifications stating thus many people are speaking about tesla today like see all the posts
here and it’s really cool simply to see what people are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have two choices i think i have actually discussed 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’ve discussed 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 actually cool and i think it’s a huge plus of the platform because they’ve got loads of different styles of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my viewpoint is it’s simply got an actually good design dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have an actually actually nice desktop variation it looks actually tidy easy to use i didn’t really have any problems with figuring 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 the research you can click the news and it will just tell you all the news about that particular stock it’s actually cool and likewise your portfolio just looks really great and clean and in fact has a lot of data on the primary portfolio page which i truly like now for the cons i think there are 3 primary cons in terms of in my opinion clearly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be knowledgeable about the first one i believe it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the normal trading platform are integrated into one it makes it rather simple for individuals to trade cfds now they do put
cautions in place and it’s not like you can simply click a button and unintentionally open a cfd which is truly great and that’s pretty much one of the main reasons that i do use them so it’s not truly something to stress over unintentionally doing but i usually think that a great deal of the platforms that provide cfds need to make it even harder to open cfds for retail financiers i know several individuals who’ve lost rather a great deal of money um not on really but still trading cfds so i think generally there should probably be a bit more it’s going to state policy however simply generally a little bit more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that turns up a lot when i talk about is individuals grumbling about the charges now yes whilst you may compare to particular platforms that have lower charges there are also loads of platforms that have much greater charges so roundabouts and swings actually all of it depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much maybe if you’re continuously 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 truly matter most likely not so just weigh that up um when you when you take a look at it there’s a couple of other costs on their cost page but usually the actual investing into stocks is commission totally free so as soon as you have actually topped up you can do as lots of deals as you want in regards to purchasing underlying possessions without paying additional costs and lastly the last con from me is the portfolio history so i find it a little bit difficult 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 just 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 really like to see all of the financial 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 a 50 50 for me not quite sure yet to view this area that’s basically 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 just to see what you think find out the platform and after that decide on whether you wish to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you think of it and yeah that’s practically it for th.