the agreement is in terms of our analysts stating to buy to hold to offer the stock all the rankings where it’s originated from Can I Use Credit Card 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 believed i would do a fast video just taking you through the pros and cons the things that i think are good 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 provide it a go let’s dive directly in so the very first huge pro for me is the truth that they have analyst scores and research i absolutely enjoy this it’s got a whole page for each of the stocks simply 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 offers you the price 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 offering or buying and the insider deals as well so it simply reveals you whether experts have actually bought the shares um over the last couple of months or not i believe this is absolutely great and shown in a truly simple format so for me this is a substantial plus for the platform a 2nd big plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i believe this minimizes your forex danger so in theory you might just top up a larger quantity when the currency is 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 charges every time that you make a deal whereas here that does not happen you simply pay the fx cost
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when you top up and when you withdraw and convert back to your own currency this obviously works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it provides you access not just to stocks but likewise to products and cryptocurrency undoubtedly this isn’t truly something that novices must dabble in but it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually go in and talk to people talk about post see what individuals are publishing about each individual stock almost have like discussions about it and you can in fact look at individuals’s portfolios so you can go into anyone’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the profits they’ve made and whatever it is very transparent and i think it’s truly great because you typically get like alerts saying thus many people are discussing tesla today like see all the posts
here and it’s truly cool just to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 alternatives 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 talked about this prior to but they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform because they’ve got loads of different styles of these portfolios um that you can select from so that’s a substantial plus for me the final pro from my viewpoint is it’s simply got a truly good design control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a really actually good desktop variation it looks really clean 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 study you can click the news and it will just tell you all the news about that specific stock it’s truly cool and likewise your portfolio simply looks truly great and clean and in fact has a lot of data on the main portfolio page which i actually like now for the cons i believe there are three main cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i use them myself but ones to be aware of the very first one i believe it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the typical trading platform are incorporated into one it makes it quite easy for people 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 good and that’s basically among the primary reasons that i do use them so it’s not really something to worry about mistakenly doing but i typically believe that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i understand quite a few individuals who’ve lost quite a great deal of money um not on really however still trading cfds so i think typically there should probably be a bit more it’s going to state policy but just normally a little more like a couple of more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i speak about is people grumbling about the charges now yes whilst you may compare to certain platforms that have lower costs there are also loads of platforms that have much higher costs so swings and roundabouts really everything depends upon the big picture um they have a five dollar withdrawal charge is that truly 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 taking out 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 take a look at it there’s a few other charges on their charge page however typically the real investing into stocks is commission free so as soon as you have actually topped up you can do as numerous deals as you want in regards to purchasing underlying assets without paying additional fees and finally the last con from me is the portfolio history so i discover it a bit difficult to find out sort of what i’ve invested where i have to go into each private stock simply 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 really like to see all of the financial investments if possible and likewise i’ve still not really determined the dividends and how that appears so that potentially is like a little bit of a 50 50 for me not quite sure yet to view this space that’s practically it if you are interested in providing a go i do have a recommendation link down below that you can utilize and you don’t even have to top up you can simply utilize the virtual portfolio initially simply to see what you believe find out the platform and then make a decision on whether you want to utilize it or not so i ‘d enjoy to understand your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.