the agreement is in terms of our experts saying to purchase to hold to sell the stock all the scores where it’s come from Hidden Fees Etoro…
I think there’s a lot of curiosity about i do get a lot of concerns 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 believe 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 desire to give it a go let’s dive straight in so the first huge pro for me is the reality that they have expert 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 saying 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 buying or offering and the insider transactions as well so it simply shows you whether experts have actually purchased the shares um over the last few months or not i believe this is definitely terrific and shown in an actually simple format so for me this is a substantial plus for the platform a second substantial plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens your foreign exchange risk so in theory you could just top up a larger amount when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges every time that you make a transaction whereas here that doesn’t happen you just pay the fx cost
What is social trading?
when you top up and when you withdraw and transform 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 gives you access not just to stocks but also to products and cryptocurrency certainly this isn’t really something that novices need to meddle however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can literally enter and speak with people talk about post see what people are publishing about each individual stock practically have like discussions about it and you can actually take a look at people’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are investing in including the popular traders you can see the revenues they have actually made and whatever it is extremely transparent and i think it’s actually excellent because you often get like notices stating like so many individuals are discussing tesla right now like see all the posts
here and it’s truly cool simply to see what individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two choices i believe i’ve mentioned prior to you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually discussed this before but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform since they’ve got loads of various styles of these portfolios um that you can choose from so that’s a substantial plus for me the final pro from my perspective is it’s simply got an actually 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 really great desktop version it looks actually tidy easy to use i didn’t actually have any issues with finding out what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click the research study you can click on the news and it will simply inform you all the news about that particular stock it’s really cool and likewise your portfolio simply looks truly good and tidy and actually has a lot of data on the primary portfolio page which i really like now for the cons i think there are 3 main cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i utilize them myself but ones to be knowledgeable about the first one i think it is a little bit too simple to trade cfds so because 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
cautions in place and it’s not like you can simply click a button and mistakenly open a cfd which is really great and that’s pretty much one of the main factors that i do utilize them so it’s not actually something to worry about accidentally doing however i usually think that a lot of the platforms that provide cfds should make it even harder to open cfds for retail financiers i understand numerous individuals who’ve lost rather a great deal of cash um not on in fact however still trading cfds so i believe typically there must most likely be a little bit more it’s going to state guideline however just generally a bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the charges so this is something that turns up a lot when i speak about is people complaining about the charges now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much higher costs so swings and roundabouts actually everything depends upon the big picture um they have a five dollar withdrawal charge is that actually that much maybe if you’re constantly 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 just going to be getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you look at it there’s a couple of other fees on their fee page however normally the real investing into stocks is commission complimentary so once you’ve topped up you can do as lots of deals as you want in regards to purchasing underlying possessions without paying extra costs and finally the last con from me is the portfolio history so i discover it a little bit hard to find out sort of what i’ve invested where i need to go into each specific 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 truly like to see all of the investments if possible and likewise i have actually still not actually determined the dividends and how that appears so that possibly is like a little bit of a 50 50 for me not quite sure yet to enjoy this space that’s pretty much 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 have to top up you can just utilize the virtual portfolio initially simply to see what you believe learn the platform and after that make a decision on whether you want to utilize it or not so i ‘d like to know your ideas if you do try it out what you think about it and yeah that’s practically it for th.