the agreement is in terms of our analysts stating to purchase to hold to offer the stock all the scores where it’s originated from How To Trade With Etoro…
I believe there’s a lot of interest about i do get a lot of concerns asking me about the platform so i believed i would do a fast video simply 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 desire to provide it a go let’s jump directly in so the first huge pro for me is the fact that they have expert rankings and research study i absolutely love this it’s got an entire page for each of the stocks just telling 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 provides 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 buying or offering and the expert transactions too so it just shows you whether experts have bought the shares um over the last couple of months or not i believe this is absolutely great and shown in a really easy format so for me this is a substantial plus for the platform a second substantial plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i think this minimizes your foreign exchange risk so in theory you could just top up a bigger quantity 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 charges every time 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 transform back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it provides you access not just to stocks but also to commodities and cryptocurrency clearly this isn’t actually something that novices ought to dabble in however it does have that alternative for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally go in and speak to people talk about post see what individuals are posting about each private stock nearly have like conversations about it and you can actually look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the revenues they have actually made and everything it is really transparent and i think it’s truly excellent because you often get like notices saying like so lots of people are talking about tesla today 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 viewpoint the copy portfolios so they have two choices i believe i’ve mentioned prior to 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’ve discussed this before however they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s truly cool and i think it’s a big 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 last pro from my perspective is it’s simply got an actually great layout dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a truly actually great desktop version it looks actually tidy easy to use i didn’t actually have any concerns with determining what to do i like that for each stock you can go in and see everything in one place you understand you can click
on the chart you can click on the research study you can click the news and it will just inform you all the news about that specific stock it’s really cool and also your portfolio just looks tidy and actually good and really has a great deal of information on the main portfolio page which i truly like now for the cons i think there are 3 main cons in regards to in my opinion clearly they’re not ones that have actually put me off utilizing the platform um you know i have actually done portfolio updates i utilize them myself but ones to be knowledgeable about the very first one i think it is a little bit too easy to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it rather simple 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 truly great which’s pretty much one of the main reasons that i do use them so it’s not really something to stress over inadvertently doing however i normally believe that a great deal of the platforms that offer cfds must make it even harder to open cfds for retail financiers i understand several individuals who’ve lost rather a lot of cash um not on really but still trading cfds so i think generally there must most likely be a little bit more it’s going to say regulation but just typically a little bit more like a few more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i talk about is individuals grumbling about the charges now yes whilst you might compare to certain platforms that have lower fees there are also loads of platforms that have much higher fees so roundabouts and swings truly all of it depends upon the big picture um they have a five dollar withdrawal fee is that truly 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 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 fee page however normally the actual investing into stocks is commission totally free so once you’ve topped up you can do as numerous deals as you desire in terms of buying underlying assets without paying additional fees and lastly the last con from me is the portfolio history so i find it a bit tough to figure out sort of what i’ve invested where i have to go into each private 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 truly like to see all of the investments if possible and also i’ve still not really figured 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 area that’s practically it if you are interested in giving them a go i do have a recommendation link down below that you can use and you do not even need to top up you can just utilize the virtual portfolio initially simply to see what you think find out the platform and after that make a decision on whether you wish to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.