the agreement remains in regards to our experts stating to buy to hold to offer the stock all the rankings where it’s originated from Can I Have 200 Thousand At Etoro…
I believe 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 believe 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 offer it a go let’s jump straight in so the very first big pro for me is the truth that they have analyst rankings and research i definitely like this it’s got an entire page for each of the stocks simply informing 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 offers 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 purchasing or selling and the insider deals also so it simply reveals you whether insiders have actually purchased the shares um over the last few months or not i believe this is definitely excellent and shown in an actually easy format so for me this is a huge plus for the platform a 2nd substantial plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective however i think this lessens your forex danger so in theory you might just top up a larger quantity 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 costs every time that you make a deal whereas here that doesn’t happen you just pay the fx cost
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when you top up and when you withdraw and transform back to your own currency this obviously works finest if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it offers you gain access to not simply to stocks but also to products and cryptocurrency obviously this isn’t truly something that novices ought to meddle but it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally go in and talk to individuals comment on post see what people are publishing about each specific stock nearly have like discussions about it and you can in fact take a look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the earnings they’ve made and whatever it is really transparent and i believe it’s really excellent because you often get like alerts stating like so many people are talking about tesla right now like see all the posts
here and it’s really cool just to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 alternatives i believe i have actually mentioned prior to 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 prior to but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s really cool and i believe it’s a huge plus of the platform since they have actually got loads of various styles of these portfolios um that you can select from so that’s a big plus for me the final pro from my point of view is it’s simply got a really nice layout dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a truly actually great desktop version it looks actually 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 go in and see whatever in one location you understand you can click
on the chart you can click on the research you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and also your portfolio just looks truly nice and tidy and actually has a great deal of data on the primary portfolio page which i actually like now for the cons i believe there are three primary cons in terms of in my opinion clearly they’re not ones that have actually put me off using the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be knowledgeable about the first one i believe it is a bit too easy to trade cfds so because the cfd platform and the typical trading platform are incorporated 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 unintentionally open a cfd which is actually great which’s pretty much among the primary reasons that i do utilize them so it’s not really something to stress over accidentally doing but i typically think that a lot of the platforms that offer cfds should make it even harder to open cfds for retail financiers i understand numerous individuals who have actually lost quite a great deal of money um not on actually however still trading cfds so i think generally there need to most likely be a little bit more it’s going to say guideline but simply normally a little more like a few more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that shows up a lot when i talk about is individuals grumbling about the fees now yes whilst you may compare to certain platforms that have lower charges there are likewise loads of platforms that have much greater fees so swings and roundabouts really it all depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much possibly if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes possibly 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 actually 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 charges on their charge page but generally the actual investing into stocks is commission complimentary so when you have actually topped up you can do as lots of deals as you want in terms of buying underlying assets without paying additional charges 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’ve invested where i have to go into each specific stock just 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 investments if possible and likewise 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 watch this area that’s pretty much it if you have an interest in providing a go i do have a referral link down below that you can use and you do not even have to top up you can simply utilize the virtual portfolio at first simply to see what you believe find out the platform and then decide on whether you wish to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.