the agreement remains in regards to our analysts stating to purchase to hold to offer the stock all the rankings where it’s come from Etoro Vs Ii…
I think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a fast 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 give it a go let’s dive straight in so the very first huge pro for me is the reality that they have analyst ratings and research i absolutely like this it’s got an entire page for each of the stocks just 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 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 too so it simply reveals you whether experts have actually purchased the shares um over the last few months or not i think this is absolutely great and shown in an actually simple format so for me this is a big plus for the platform a second big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange risk so in theory you might simply top up a bigger quantity when the currency is 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 each time that you make a deal whereas here that doesn’t happen 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 undoubtedly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it provides you gain access to not simply to stocks but also to products and cryptocurrency obviously this isn’t truly something that beginners ought to dabble in but it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally enter and speak to people discuss post see what individuals are publishing about each individual stock almost have like conversations about it and you can actually take a look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the profits they’ve made and whatever it is very transparent and i believe it’s truly great because you typically get like alerts saying thus lots of people are speaking about tesla today like see all the posts
here and it’s actually cool simply to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 alternatives i believe i have actually pointed out before you can either copy private 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 however they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s truly cool and i think it’s a substantial plus of the platform due to the fact that they have actually got loads of various styles of these portfolios um that you can pick from so that’s a substantial plus for me the final pro from my point of view is it’s just got an actually nice design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually really good desktop version it looks truly tidy easy to use i didn’t actually 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 understand 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 simply looks actually nice and tidy and actually has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are three primary cons in terms of in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i utilize them myself but ones to be familiar with the very first one i believe it is a bit too easy to trade cfds so since the cfd platform and the regular trading platform are incorporated into one it makes it quite simple for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is actually excellent which’s practically among the primary reasons that i do utilize them so it’s not actually something to fret about unintentionally doing however i normally think that a great deal of the platforms that provide cfds ought to make it even harder to open cfds for retail investors i understand many individuals who’ve lost rather a great deal of money um not on actually however still trading cfds so i think typically there should most likely be a bit more it’s going to state policy but simply normally a little more like a few more
hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that comes up a lot when i speak about is individuals complaining about the costs now yes whilst you may compare to particular platforms that have lower costs there are also loads of platforms that have much greater costs so swings and roundabouts actually everything depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much possibly 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 only going to be securing like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you look at it there’s a couple of other costs on their cost page however usually the real investing into stocks is commission complimentary so once you have actually topped up you can do as numerous transactions as you desire in terms of purchasing underlying possessions without paying extra costs and finally the last con from me is the portfolio history so i discover it a little bit challenging to figure out sort of what i’ve invested where i need to go into each individual 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 actually like to see all of the investments if possible and also i’ve 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 enjoy this area that’s practically it if you have an interest in providing a go i do have a recommendation link down listed below that you can use and you do not even need to top up you can just utilize the virtual portfolio at first simply to see what you believe learn the platform and after that decide on whether you want to utilize it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s practically it for th.