the agreement remains in terms of our analysts saying to purchase to hold to offer the stock all the rankings where it’s originated from How To Find A Stock On Etoro…
so i believe there’s a lot of curiosity about i do get a great deal of questions asking me about the platform so i believed i would do a fast video just taking you through the advantages and disadvantages the things that i believe are good about the platform and the important things i believe are bad about the platform and then you can decide on whether you want to give it a go let’s jump directly in so the very first huge pro for me is the truth that they have analyst ratings and research study i definitely enjoy this it’s got a whole page for each of the stocks simply informing you what analysts are doing and stating about the stock so you can see here for instance on johnson and johnson what it appears like it gives you the price 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 purchasing or selling and the expert deals too so it simply reveals 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 a truly simple format so for me this is a substantial plus for the platform a 2nd big plus for me is the truth that your currency is kept in u.s dollars so i guess this is subjective but i believe this decreases your forex risk so in theory you could just top up a larger amount when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx fees whenever that you make a deal whereas here that does not occur you simply pay the fx charge
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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 viewpoint is that it provides you gain access to not just to stocks but also to products and cryptocurrency clearly this isn’t really something that newbies should dabble in but it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally go in and talk to individuals talk about post see what individuals are publishing about each individual stock practically have like discussions about it and you can really take a look at individuals’s portfolios so you can enter into anyone’s profile click 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 think it’s really excellent because you often get like notices saying like so many 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 remains in my viewpoint the copy portfolios so they have two alternatives i think i have actually pointed out 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 spoken about this before but 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 truly cool and i believe it’s a substantial plus of the platform due to the fact that they have actually got loads of different themes of these portfolios um that you can choose from so that’s a huge plus for me the final pro from my point of view is it’s simply got an actually good layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have an actually really great desktop version it looks really tidy easy to use i didn’t really have any concerns with figuring out what to do i like that for each stock you can enter and see whatever in one place you know you can click
on the chart you can click the research study you can click the news and it will simply inform you all the news about that particular stock it’s truly cool and likewise your portfolio just looks clean and really nice and in fact has a lot of data on the main portfolio page which i really like now for the cons i think there are 3 main cons in terms of in my viewpoint plainly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be aware of the very first one i believe it is a bit too simple to trade cfds so since 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
warnings in place and it’s not like you can simply click a button and mistakenly open a cfd which is truly good and that’s practically among the primary reasons that i do utilize them so it’s not truly something to stress over inadvertently doing however i usually think that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail financiers i know quite a few people who’ve lost rather a great deal of money um not on actually but still trading cfds so i believe normally there should most likely be a bit more it’s going to state regulation however just usually a bit 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 discuss is people grumbling about the fees now yes whilst you may compare to specific platforms that have lower fees there are likewise loads of platforms that have much higher fees so roundabouts and swings truly everything depends on the big picture um they have a 5 dollar withdrawal fee is that truly that much maybe if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes possibly that’s a lot but 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 really matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other costs on their charge page but usually the real investing into stocks is commission complimentary so as soon as you have actually topped up you can do as lots of transactions as you want in terms of purchasing underlying assets without paying additional costs and finally the last con from me is the portfolio history so i find it a little bit tough to find out sort of what i have actually invested where i have to go into each individual stock simply 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 actually like to see all of the investments if possible and likewise i’ve still not truly figured out the dividends and how that appears so that potentially resembles a little bit of a 50 50 for me not quite sure yet to enjoy this space that’s basically it if you have an interest in giving them a go i do have a recommendation link down listed below that you can utilize and you do not even need to top up you can just use the virtual portfolio initially just to see what you think find out the platform and after that decide on whether you wish to use 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 practically it for th.