Is Etoro Money Safe FAQ

the consensus is in regards to our experts stating to purchase to hold to offer the stock all the scores where it’s come from Is Etoro Money Safe…

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 good 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 desire to offer it a go let’s jump directly in so the very first big pro for me is the reality that they have analyst ratings and research study i absolutely love this it’s got an entire page for each of the stocks simply informing you what experts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it gives you the price 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 expert deals as well so it just shows you whether experts have bought the shares um over the last few months or not i think this is definitely great and shown in an actually simple format so for me this is a huge plus for the platform a second big plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i believe this decreases your forex risk so in theory you might just top up a bigger amount when the currency is in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a deal whereas here that does not happen you just pay the fx fee

What is social trading?

when you top up and when you withdraw and convert back to your own currency this certainly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it gives you access not just to stocks but also to products and cryptocurrency obviously this isn’t truly something that novices need to meddle however 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 go in and speak to individuals talk about post see what people are posting about each private stock almost have like discussions about it and you can in fact take a look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are buying including the popular traders you can see the earnings they have actually made and whatever it is really transparent and i believe it’s truly great since you typically get like notices saying like so many people 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 opinion the copy portfolios so they have two alternatives i think i’ve discussed before you can either copy private individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve discussed this prior to however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i think it’s a substantial plus of the platform because they’ve got loads of different styles of these portfolios um that you can select from so that’s a big plus for me the last pro from my perspective is it’s simply got an actually great layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have a really truly good desktop version it looks really clean easy to use i didn’t actually have any problems 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 study you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and also your portfolio simply looks truly nice and tidy and in fact has a great deal of information on the main portfolio page which i actually like now for the cons i think there are three primary cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i use them myself but ones to be aware of the first one i think it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the normal trading platform are incorporated into one it makes it quite 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 unintentionally open a cfd which is truly excellent which’s pretty much among the primary reasons that i do use them so it’s not truly something to worry about mistakenly doing however i generally believe that a lot of the platforms that use cfds should make it even harder to open cfds for retail financiers i understand many people who’ve lost rather a lot of cash um not on really but still trading cfds so i believe normally there should most likely be a little bit more it’s going to state guideline but just normally a little bit more like a couple of more

hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that shows up a lot when i speak about is people grumbling about the charges now yes whilst you may compare to particular platforms that have lower fees there are also loads of platforms that have much greater charges so roundabouts and swings really everything depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much maybe if you’re continuously withdrawing l.

How to trade crypto in 2022 – 2023

ike 20 50 100 pounds yes maybe that’s a lot however if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it truly matter most likely not so just weigh that up um when you when you look at it there’s a few other costs on their fee page however usually the actual investing into stocks is commission free so as soon as you have actually topped up you can do as many deals as you desire in terms of buying underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i find it a little bit challenging to determine sort of what i have actually invested where i have to go into each specific stock simply to see when i have actually 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 truly like to see all of the investments if possible and likewise i’ve still not actually determined the dividends and how that appears so that potentially resembles a bit of 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 listed below that you can utilize and you do not even need to top up you can simply use the virtual portfolio at first simply to see what you believe learn the platform and after that make a decision 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 think about it and yeah that’s basically it for th.