What Is Etoro Money Account FAQ

the agreement remains in regards to our analysts saying to buy to hold to offer the stock all the rankings where it’s originated from What Is Etoro Money Account…

I think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a quick video simply taking you through the pros and cons the things that i think are great 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 offer it a go let’s jump directly in so the very first big pro for me is the reality that they have analyst rankings and research study i absolutely like this it’s got an entire page for each of the stocks just telling you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it gives you the rate 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 offering and the expert deals too so it simply shows you whether experts have actually bought the shares um over the last few months or not i think this is absolutely great and displayed in a truly simple format so for me this is a substantial plus for the platform a second huge 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 reduces your forex risk so in theory you could simply top up a larger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx fees each time that you make a deal whereas here that doesn’t happen you simply pay the fx charge

What is social trading?

when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it provides you access not just to stocks but also to products and cryptocurrency certainly this isn’t really something that newbies ought to dabble in however 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 actually go in and speak with people discuss post see what individuals are publishing about each private stock almost have like discussions about it and you can in fact look at individuals’s portfolios so you can enter into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the revenues they’ve made and everything it is really transparent and i think it’s really great because you often get like notices stating thus lots of people are talking about tesla today like see all the posts

here and it’s really cool simply to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have 2 choices i think i have actually 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 but they have a renewable energy portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s really cool and i believe 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 pick from so that’s a substantial plus for me the last pro from my perspective is it’s simply got a really nice design dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a really actually good desktop variation it looks truly tidy easy to use i didn’t really have any issues 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 the research study you can click on the news and it will simply tell you all the news about that particular stock it’s truly cool and likewise your portfolio simply looks clean and really good and in fact has a great deal of data on the main portfolio page which i truly like now for the cons i think there are three main cons in regards to in my opinion clearly they’re not ones that have put me off utilizing the platform um you know i’ve done portfolio updates i utilize them myself but ones to be familiar with the first one i believe it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the typical trading platform are integrated into one it makes it quite simple for individuals to trade cfds now they do put

warnings in place and it’s not like you can just click a button and unintentionally open a cfd which is actually excellent and that’s pretty much one of the main reasons that i do use them so it’s not actually something to worry about unintentionally doing but i usually think that a great deal of the platforms that provide cfds should make it even harder to open cfds for retail financiers i know quite a few people who’ve lost rather a lot of cash um not on in fact but still trading cfds so i think normally there must most likely be a bit more it’s going to say guideline but simply usually a little more like a couple of more

hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i discuss is individuals grumbling about the fees now yes whilst you may compare to particular platforms that have lower charges there are also loads of platforms that have much higher charges so swings and roundabouts actually it all depends on the big picture um they have a five dollar withdrawal fee is that truly 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 only going to be getting like a thousand pounds at a time then does it actually matter probably not so just weigh that up um when you when you take a look at it there’s a few other fees on their cost page however normally the real investing into stocks is commission totally free so when you’ve topped up you can do as many deals as you want in terms of purchasing underlying possessions without paying additional charges and lastly the last con from me is the portfolio history so i discover it a little bit difficult to determine sort of what i have actually invested where i need to go into each individual stock simply to see when i have actually 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 also i have actually still not truly figured out the dividends and how that shows up so that possibly resembles a little bit of a 50 50 for me not quite sure yet to enjoy this space that’s pretty much it if you have an interest in providing 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 think find out the platform and after that make a decision on whether you wish to utilize it or not so i ‘d love to understand your thoughts if you do try it out what you think about it and yeah that’s basically it for th.