the consensus is in terms of our experts stating to buy to hold to offer the stock all the scores where it’s originated from How Long Does Etoro Wallet Transfer Take…
I believe 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 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 straight in so the first huge pro for me is the fact that they have expert ratings and research study i definitely enjoy this it’s got a whole page for each of the stocks just 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 gives you the cost 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 offering and the insider deals also so it just shows you whether experts have actually bought the shares um over the last couple of months or not i believe this is definitely fantastic and shown in an actually simple format so for me this is a huge plus for the platform a 2nd 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 lessens your foreign exchange threat so in theory you could simply top up a larger amount when the currency is in your favor and just hold the money waiting to invest it for a lot of the platforms you have to pay the fx fees whenever 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 obviously works best if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it offers you gain access to not simply to stocks however likewise to products and cryptocurrency certainly this isn’t truly something that beginners need to dabble in but it does have that alternative for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and talk to people comment on post see what individuals are posting about each individual stock almost have like conversations about it and you can actually look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the profits they have actually made and everything it is very transparent and i think it’s truly great due to the fact that you typically get like alerts saying like so many individuals are discussing tesla today like see all the posts
here and it’s truly cool simply to see what people are thinking the next pro of the platform is in my viewpoint the copy portfolios so they have 2 choices i think i’ve discussed before 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 have actually spoken about this before but they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s truly cool and i think it’s a huge plus of the platform because they have actually got loads of various styles of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my perspective is it’s simply got a really good layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly truly nice desktop version it looks truly tidy easy to use i didn’t truly have any issues with figuring out what to do i like that for each stock you can enter and see whatever in one place you understand you can click
on the chart you can click the research you can click on the news and it will just tell you all the news about that specific stock it’s really cool and also your portfolio simply looks really nice and clean and really has a lot of information on the primary portfolio page which i really like now for the cons i believe there are 3 primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off utilizing the platform um you understand i’ve done portfolio updates i use them myself but ones to be familiar with the very first one i think it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the normal trading platform are integrated into one it makes it rather simple 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 excellent which’s pretty much one of the main reasons that i do use them so it’s not truly something to fret about inadvertently doing but i typically believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail investors i understand several individuals who’ve lost rather a lot of money um not on really but still trading cfds so i believe generally there need to probably be a little bit more it’s going to state regulation but just typically a little more like a few more
hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that comes up a lot when i discuss is people grumbling about the charges now yes whilst you may compare to specific platforms that have lower charges there are also loads of platforms that have much greater costs so roundabouts and swings truly all of it depends upon the big picture um they have a 5 dollar withdrawal fee is that really that much possibly if you’re constantly 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 just weigh that up um when you when you take a look at it there’s a couple of other charges on their cost page however typically the real investing into stocks is commission complimentary so as soon as you’ve topped up you can do as lots of deals as you desire in regards to purchasing underlying possessions without paying additional fees and finally the last con from me is the portfolio history so i find it a bit tough to determine sort of what i have actually invested where i need to go into each specific stock just to see when i’ve invested into it and just 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 truly like to see all of the investments if possible and likewise i’ve still not actually found out the dividends and how that shows up so that potentially resembles a little a 50 50 for me not quite sure yet to see this space that’s pretty much it if you have an interest in giving them a go i do have a referral link down listed below that you can use and you do not even need to top up you can simply use the virtual portfolio initially simply to see what you think discover the platform and then make a decision on whether you wish to utilize it or not so i ‘d enjoy to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.