the agreement is in terms of our experts stating to purchase to hold to offer the stock all the rankings where it’s come from Etoro Germany…
so i believe there’s a great deal of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the pros and cons the important things that i think are good 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 give it a go let’s jump directly in so the first big pro for me is the truth that they have expert rankings and research i absolutely love this it’s got an entire page for each of the stocks simply telling you what analysts are doing and saying about the stock so you can see here for instance 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 transactions as well so it simply shows you whether experts have actually bought the shares um over the last few months or not i believe this is absolutely great and displayed in a really simple format so for me this is a big plus for the platform a second huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your forex risk so in theory you might simply top up a bigger amount when the currency remains in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx fees whenever that you make a transaction whereas here that does not occur 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 huge pro of the platform in my viewpoint is that it gives you gain access to not simply to stocks but also to commodities and cryptocurrency undoubtedly this isn’t truly something that newbies ought to meddle however it does have that alternative for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and speak with people talk about post see what people are publishing about each individual stock nearly 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 investing in including the popular traders you can see the profits they’ve made and whatever it is really transparent and i think it’s actually great due to the fact that you frequently get like alerts saying thus many people are talking about tesla right now like see all the posts
here and it’s actually cool simply to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have two choices i believe i have actually pointed out 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 have actually talked about this prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my viewpoint um it’s actually cool and i think it’s a substantial plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can select from so that’s a big plus for me the last pro from my viewpoint is it’s just got an actually good layout dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have a truly really good desktop variation it looks truly clean easy to use i didn’t truly have any problems with figuring out what to do i like that for each stock you can go in and see whatever in one location you know you can click
on the chart you can click on the research study you can click on the news and it will just tell you all the news about that particular stock it’s really cool and also your portfolio just looks really great and tidy and in fact has a lot 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 have actually done portfolio updates i utilize them myself but ones to be familiar with the 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 integrated into one it makes it rather simple for individuals 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 actually excellent and that’s pretty much among the main factors that i do utilize them so it’s not actually something to worry about unintentionally doing but i typically believe that a lot of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i understand several individuals who’ve lost rather a great deal of cash um not on in fact but still trading cfds so i believe typically there should probably be a bit more it’s going to state policy but just generally a bit more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that turns up a lot when i speak about is people complaining about the costs now yes whilst you might compare to particular platforms that have lower costs there are also loads of platforms that have much greater charges so roundabouts and swings really it all depends upon the big picture um they have a 5 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 but 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 simply weigh that up um when you when you take a look at it there’s a couple of other charges on their fee page however typically the real investing into stocks is commission free so when you’ve topped up you can do as many transactions as you want in terms of purchasing underlying properties without paying additional fees and lastly the last con from me is the portfolio history so i find it a bit challenging to find out sort of what i’ve invested where i need to go into each private stock just to see when i’ve 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 actually like to see all of the financial investments if possible and also i’ve still not really found out the dividends and how that shows up so that possibly is like a bit of a 50 50 for me not quite sure yet to enjoy this area that’s basically it if you are interested in providing a go i do have a referral link down below that you can utilize and you do not even need to top up you can simply utilize the virtual portfolio initially just to see what you believe discover the platform and then decide on whether you wish to utilize it or not so i ‘d enjoy to know your ideas if you do try it out what you think about it and yeah that’s basically it for th.