the consensus remains in regards to our analysts saying to buy to hold to offer the stock all the scores where it’s originated from Can You Trade With Leverage 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 want to provide it a go let’s dive directly in so the very first big pro for me is the fact that they have analyst scores and research study i definitely like this it’s got an entire page for each of the stocks simply informing you what experts 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 selling or purchasing and the expert transactions too so it just shows you whether insiders have actually purchased the shares um over the last few months or not i think this is definitely excellent and shown in a truly easy 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 however i think this decreases your foreign exchange threat so in theory you might simply top up a larger quantity when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a transaction whereas here that doesn’t happen you simply pay the fx cost
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when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it offers you access not just to stocks but also to commodities and cryptocurrency certainly this isn’t actually something that novices must meddle but it does have that option for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually enter and talk with individuals talk about post see what people are publishing about each individual stock almost have like discussions about it and you can in fact take a look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the profits they’ve made and whatever it is very transparent and i think it’s actually excellent since you typically get like notices saying like so lots of people are discussing tesla today like see all the posts
here and it’s really cool just to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have two choices i think i’ve discussed before you can either copy private people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this prior to however they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s sort of like an etf in my opinion um it’s truly cool and i think it’s a big plus of the platform because they’ve got loads of various styles of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my point of view is it’s just got a really good design 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 variation it looks really tidy easy to use i didn’t actually have any problems with determining what to do i like that for each stock you can go in and see everything in one location you know you can click
on the chart you can click the research study you can click on the news and it will simply inform you all the news about that specific stock it’s really cool and likewise your portfolio just looks truly great and clean and really has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be aware of the very first one i believe it is a bit too simple to trade cfds so because the cfd platform and the normal 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 simply click a button and mistakenly open a cfd which is truly great which’s pretty much one of the primary reasons that i do utilize them so it’s not really something to stress over accidentally doing however i usually think that a great deal of the platforms that use cfds should make it even harder to open cfds for retail investors i know numerous people who have actually lost quite a lot of cash um not on in fact however still trading cfds so i believe normally there ought to probably be a little bit more it’s going to say policy however simply generally 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 costs so this is something that comes up a lot when i talk about is people grumbling about the costs now yes whilst you might compare to specific platforms that have lower costs there are likewise loads of platforms that have much greater fees so swings and roundabouts truly all of it depends on the big picture um they have a 5 dollar withdrawal cost is that really that much perhaps if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it actually matter probably not so simply weigh that up um when you when you take a look at it there’s a few other costs on their charge page but generally the actual investing into stocks is commission free so as soon as you’ve topped up you can do as many deals as you want in regards to purchasing underlying properties without paying additional costs and lastly the last con from me is the portfolio history so i find it a bit challenging to find out sort of what i’ve invested where i need to go into each private stock simply 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 really like to see all of the investments if possible and also i’ve still not really found 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 see this space that’s practically it if you are interested in giving them a go i do have a referral link down below that you can use and you do not even need to top up you can just utilize the virtual portfolio initially just to see what you believe find out the platform and after that make a decision on whether you want to utilize it or not so i ‘d love to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.