the agreement remains in terms of our experts stating to buy to hold to sell the stock all the scores where it’s originated from Can You Use Credit Card On Etoro…
I think there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i thought i would do a fast video just taking you through the pros and cons the things that i believe are great about the platform and the things i believe 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 dive directly in so the very first huge pro for me is the reality that they have expert scores and research i absolutely love this it’s got a whole page for each of the stocks simply telling 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 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 buying or selling and the insider transactions as well so it simply reveals you whether experts have purchased the shares um over the last few months or not i believe this is absolutely terrific and displayed in a truly easy format so for me this is a substantial plus for the platform a 2nd huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this minimizes your forex danger so in theory you could just top up a bigger amount when the currency is in your favor and just hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx fees each time that you make a transaction whereas here that doesn’t occur you simply pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it gives you gain access to not just to stocks but also to products and cryptocurrency certainly this isn’t truly something that novices ought to meddle but it does have that option for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally enter and talk to individuals comment on post see what individuals are publishing about each private stock almost have like discussions about it and you can actually take a look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are buying including the popular traders you can see the profits they’ve made and everything it is extremely transparent and i believe it’s actually 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 actually 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 pointed out before you can either copy specific people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually spoken about this prior to however they have a renewable resource 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 believe it’s a big plus of the platform since they have actually 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 perspective is it’s simply got a truly nice design control panel and the method it’s established so unlike the other platforms that i use at the moment they have an actually really good desktop variation it looks truly clean easy to use i didn’t really have any problems with determining what to do i like that for each stock you can go in and see whatever in one place you know you can click
on the chart you can click on the research you can click on the news and it will simply inform you all the news about that specific stock it’s actually cool and also your portfolio simply looks actually great and clean and really has a lot of data on the primary portfolio page which i really like now for the cons i think 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 understand i’ve done portfolio updates i use them myself however ones to be knowledgeable about the very first one i believe it is a bit too easy to trade cfds so because the cfd platform and the regular trading platform are integrated into one it makes it rather 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 inadvertently open a cfd which is really great and that’s basically among the primary factors that i do use them so it’s not really something to stress over unintentionally doing but i normally believe that a lot of the platforms that offer cfds should make it even harder to open cfds for retail financiers i understand several people who have actually lost quite a lot of money um not on in fact but still trading cfds so i think usually there must probably be a little bit more it’s going to say regulation but simply usually a little bit more like a couple of more
hoops to leap 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 discuss is people complaining about the charges now yes whilst you may compare to specific platforms that have lower costs there are also loads of platforms that have much greater fees so swings and roundabouts actually everything depends upon the big picture um they have a five dollar withdrawal charge is that actually that much possibly if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re just going to be securing like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you take a look at it there’s a few other charges on their fee page but generally the actual investing into stocks is commission complimentary so once you’ve topped up you can do as many deals as you want in terms of buying underlying possessions without paying extra fees and lastly the last con from me is the portfolio history so i find it a bit tough to find out sort of what i have actually invested where i need to go into each individual 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 really like to see all of the financial investments if possible and likewise i’ve still not truly figured out the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to watch this space that’s pretty much it if you have an interest in providing a go i do have a recommendation link down below that you can use and you do not even have to top up you can just use the virtual portfolio initially simply to see what you think discover the platform and then make a decision on whether you want to utilize it or not so i ‘d like to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.