the agreement remains in regards to our analysts saying to purchase to hold to offer the stock all the rankings where it’s originated from Do You Own Stocks 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 quick video just taking you through the pros and cons the things that i believe are excellent 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 desire to give it a go let’s jump straight in so the very first big pro for me is the reality that they have analyst ratings and research study i absolutely like this it’s got an entire page for each of the stocks just informing you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it offers you the cost 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 purchasing or offering and the insider transactions as well so it simply shows you whether experts have bought the shares um over the last couple of months or not i believe this is absolutely fantastic and displayed in an actually simple format so for me this is a huge plus for the platform a second big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i believe this decreases your forex danger so in theory you might just top up a bigger amount when the currency remains 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 whenever that you make a deal whereas here that doesn’t occur you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it provides you access not simply to stocks however also to commodities and cryptocurrency clearly this isn’t really something that beginners ought to dabble in however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally enter and talk with people discuss post see what people are publishing about each specific stock almost have like conversations about it and you can really take a look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in including the popular traders you can see the profits they’ve made and whatever it is really transparent and i think it’s actually excellent since you frequently get like alerts saying thus many individuals are discussing tesla today like see all the posts
here and it’s really cool simply to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have two options i believe i have actually pointed out before you can either copy individual individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually talked about this before however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s really cool and i believe it’s a big plus of the platform because they’ve got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my perspective is it’s just got an actually nice design control panel and the method it’s established so unlike the other platforms that i use at the moment they have a truly actually great desktop variation it looks truly clean easy to use i didn’t truly have any issues with finding out what to do i like that for each stock you can go in and see everything in one place you know you can click
on the chart you can click on the research study you can click on the news and it will just tell you all the news about that particular stock it’s actually cool and likewise your portfolio simply looks clean and truly great and actually 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 regards to 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 knowledgeable about the very first one i believe it is a bit too simple to trade cfds so since the cfd platform and the normal trading platform are integrated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and mistakenly open a cfd which is truly excellent and that’s practically one of the main factors that i do utilize them so it’s not truly something to fret about accidentally doing but i usually believe that a lot of the platforms that provide cfds must make it even harder to open cfds for retail investors i know quite a few people who’ve lost rather a lot of money um not on actually but still trading cfds so i think generally there should most likely be a bit more it’s going to say guideline however just usually a little bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the costs so this is something that turns up a lot when i talk about is people grumbling about the charges now yes whilst you might compare to particular platforms that have lower costs there are likewise loads of platforms that have much higher charges so swings and roundabouts truly it all depends on the big picture um they have a five dollar withdrawal cost is that really that much maybe if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps 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 truly matter most likely not so simply weigh that up um when you when you look at it there’s a few other costs on their charge page but typically 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 terms of purchasing underlying properties without paying extra fees and finally the last con from me is the portfolio history so i discover it a little bit tough to determine sort of what i’ve invested where i have to go into each private stock just to see when i’ve invested into it and 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 possibly is like a little a 50 50 for me not quite sure yet to see this space that’s basically it if you have an interest in giving them a go i do have a recommendation link down below that you can utilize and you don’t even need to top up you can just use the virtual portfolio initially just to see what you think discover the platform and then decide on whether you wish to use it or not so i ‘d enjoy to understand your thoughts if you do try it out what you consider it and yeah that’s practically it for th.