the consensus is in terms of our analysts stating to buy to hold to sell the stock all the rankings where it’s originated from Paypal Etoro Fees…
so i believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a fast video just taking you through the advantages and disadvantages the important things that i believe are excellent about the platform and the important things i believe are bad about the platform and after that you can make a decision on whether or not you want to give it a go let’s jump directly in so the very first big pro for me is the reality that they have analyst ratings and research study i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what analysts are stating and doing about the stock so you can see here for instance 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 purchasing or selling and the insider transactions also so it just shows you whether insiders have bought the shares um over the last few months or not i believe this is definitely great and shown in an actually simple format so for me this is a substantial plus for the platform a 2nd big plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens your forex risk so in theory you could just 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 just pay the fx cost
What is social trading?
when you top up and when you withdraw and transform back to your own currency this certainly works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks however also to products and cryptocurrency undoubtedly this isn’t truly something that newbies need to dabble in however it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally enter and speak to individuals talk about post see what people are publishing about each private stock practically have like discussions about it and you can really look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the earnings they have actually made and everything it is very transparent and i believe it’s really good because you frequently get like alerts stating thus many individuals are discussing tesla today like see all the posts
here and it’s truly cool just to see what individuals are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have two options i believe i’ve 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 spoken about this before but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform due to the fact that they have actually got loads of various styles of these portfolios um that you can select from so that’s a huge plus for me the last pro from my perspective is it’s just got an actually good layout control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have a really really great desktop variation it looks truly tidy easy to use i didn’t actually have any problems with finding out what to do i like that for each stock you can enter and see everything in one place you understand you can click
on the chart you can click on the research you can click the news and it will simply inform you all the news about that specific stock it’s actually cool and also your portfolio just looks really great and tidy and in fact has a lot of information on the main 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 put me off using the platform um you know i have actually done portfolio updates i use them myself however 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 typical 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 just click a button and accidentally open a cfd which is truly great and that’s pretty much among the primary reasons that i do utilize them so it’s not really something to worry about inadvertently doing however 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 understand numerous individuals who’ve lost quite a lot of money um not on in fact but still trading cfds so i believe typically there should most likely be a bit more it’s going to state policy however just generally a little bit more like a few 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 discuss is people grumbling about the fees now yes whilst you might compare to certain platforms that have lower fees there are likewise loads of platforms that have much greater fees so roundabouts and swings truly everything depends on 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 however if you’re investing long term and you’re just 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 charge page but typically the real investing into stocks is commission totally free so when you’ve topped up you can do as many transactions as you want in regards to buying underlying properties without paying extra costs and lastly the last con from me is the portfolio history so i find it a little bit hard to determine sort of what i’ve 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 really like to see all of the investments if possible and likewise i have actually still not really figured out the dividends and how that shows up so that possibly is like a bit of 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 listed 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 believe find out the platform and after that make a decision on whether you want to use it or not so i ‘d like to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.