the agreement is in terms of our analysts saying to buy to hold to offer the stock all the rankings where it’s come from Can I Buy Cardano On Etoro…
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 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 decision on whether or not you desire to offer it a go let’s dive straight in so the first huge pro for me is the reality that they have expert scores and research i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what analysts are saying and doing 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 purchasing and the expert transactions also so it simply shows you whether experts have actually purchased the shares um over the last couple of months or not i think this is absolutely great and shown in a really easy format so for me this is a huge plus for the platform a second substantial plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective however i believe this reduces your foreign exchange danger so in theory you could just top up a bigger amount 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 every time that you make a deal whereas here that doesn’t occur you just pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it offers you gain access to not just to stocks however also to products and cryptocurrency undoubtedly this isn’t actually something that newbies must meddle but it does have that choice for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and talk to people comment on post see what people are publishing about each individual stock almost have like conversations about it and you can actually look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and everything it is extremely transparent and i believe it’s truly excellent due to the fact that you often get like notifications stating thus many individuals are speaking about tesla today like see all the posts
here and it’s really cool simply to see what individuals are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 alternatives i think i’ve mentioned 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’ve discussed this before but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s actually cool and i think it’s a big plus of the platform due to the fact that they’ve got loads of different styles of these portfolios um that you can choose from so that’s a huge plus for me the last pro from my point of view is it’s just got a truly nice design dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have an actually really good desktop version it looks actually tidy easy to use i didn’t really have any concerns with figuring out what to do i like that for each stock you can enter and see everything in one place you know you can click
on the chart you can click the research study you can click the news and it will just inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks really great and tidy and really has a great deal of data on the main portfolio page which i really like now for the cons i believe there are three main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you know i’ve done portfolio updates i utilize them myself but ones to be familiar with the first one i think it is a 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 rather easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can just click a button and inadvertently open a cfd which is really great which’s practically among the primary factors that i do utilize them so it’s not really something to stress over unintentionally doing but i typically think that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail financiers i know quite a few people who’ve lost rather a great deal of money um not on really however still trading cfds so i believe usually there need to probably be a bit more it’s going to say regulation but simply usually a bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the charges so this is something that comes up a lot when i talk about is individuals grumbling about the fees now yes whilst you may compare to particular platforms that have lower charges there are likewise loads of platforms that have much greater charges so swings and roundabouts actually all of it depends upon the big picture um they have a 5 dollar withdrawal charge is that truly that much maybe if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot however 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 most likely not so simply weigh that up um when you when you look at it there’s a couple of other fees on their charge page but typically the actual investing into stocks is commission totally free so as soon as you’ve topped up you can do as many transactions as you want in regards to purchasing underlying assets without paying extra fees and finally the last con from me is the portfolio history so i discover it a little bit tough to find out sort of what i’ve invested where i need to go into each private stock just to see when i have actually 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 truly like to see all of the investments if possible and also i have actually still not truly found out the dividends and how that shows up so that potentially is like a little a 50 50 for me not quite sure yet to enjoy this space that’s pretty much it if you are interested in providing a go i do have a recommendation link down listed below that you can use and you don’t even need to top up you can just utilize the virtual portfolio at first simply to see what you think find out the platform and then make a decision on whether you want to use it or not so i ‘d like to know your ideas if you do try it out what you think of it and yeah that’s practically it for th.