the consensus is in regards to our analysts saying to purchase to hold to offer the stock all the rankings where it’s come from Can Etoro Be Used In India…
I think 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 think 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 give it a go let’s jump directly in so the very first big pro for me is the reality that they have analyst rankings and research i definitely enjoy 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 gives you the price 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 buying or offering and the insider transactions also so it just shows you whether insiders have bought the shares um over the last couple of months or not i think this is absolutely fantastic and shown in a really simple format so for me this is a huge plus for the platform a second huge plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i think this reduces your forex risk so in theory you might just top up a larger amount when the currency remains in your favor and just hold the money waiting to invest it for a great deal of the platforms you need to pay the fx fees every time that you make a deal whereas here that does not happen you simply pay the fx fee
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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 big pro of the platform in my opinion is that it gives you gain access to not just to stocks however also to commodities and cryptocurrency certainly this isn’t actually something that beginners need to meddle but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually go in and talk to individuals talk about post see what individuals are posting about each private stock almost have like discussions about it and you can really take a look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the revenues they have actually made and everything it is extremely transparent and i believe it’s truly great because you typically get like notices stating like so lots of people are discussing tesla today like see all the posts
here and it’s actually cool just to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 options i think i have actually discussed prior to 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’ve discussed this prior to however they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i believe it’s a big plus of the platform because they’ve got loads of various themes of these portfolios um that you can pick from so that’s a big plus for me the final pro from my viewpoint is it’s simply got a really nice layout dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a truly truly good desktop version it looks truly tidy easy to use i didn’t truly have any problems with finding out what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that particular stock it’s truly cool and also your portfolio simply looks tidy and actually great and in fact has a lot of information on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i use them myself but ones to be knowledgeable about the very first one i believe it is a little bit too easy to trade cfds so because the cfd platform and the regular trading platform are incorporated into one it makes it rather simple for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and unintentionally open a cfd which is truly great which’s practically one of the main reasons that i do use them so it’s not really something to worry about unintentionally 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 understand quite a few people who’ve lost quite a great deal of cash um not on really but still trading cfds so i think normally there must probably be a little bit more it’s going to say policy however just typically a little bit 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 discuss is people complaining about the fees now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much higher fees so swings and roundabouts actually it all depends upon the big picture um they have a 5 dollar withdrawal fee is that really that much perhaps if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you take a look at it there’s a few other charges on their fee page but usually the real investing into stocks is commission free so when you have actually topped up you can do as lots of deals as you desire in terms of buying underlying assets without paying extra charges and lastly the last con from me is the portfolio history so i find it a bit difficult to figure out sort of what i have actually invested where i have to go into each private stock just to see when i have actually invested into it and how much rather than 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 financial investments if possible and also i have actually still not really figured out the dividends and how that appears so that potentially is like a little a 50 50 for me not quite sure yet to enjoy this area that’s pretty much 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 have to top up you can simply use the virtual portfolio initially just to see what you believe discover the platform and after that make a decision on whether you wish to utilize it or not so i ‘d enjoy to know your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.