the agreement remains in regards to our analysts stating to purchase to hold to sell the stock all the scores where it’s originated from How Do Etoro Make Money…
so i think 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 quick video simply taking you through the advantages and disadvantages the important things that i believe are good about the platform and the things i believe are bad about the platform and after that you can make a decision on whether or not you wish to give it a go let’s dive straight in so the very first huge pro for me is the truth that they have analyst ratings and research study i absolutely like this it’s got a whole page for each of the stocks just telling you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it provides 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 selling or purchasing and the insider transactions too so it simply shows you whether experts have actually bought the shares um over the last couple of months or not i think this is absolutely terrific and shown in an actually easy format so for me this is a huge plus for the platform a second substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i believe this minimizes your forex danger so in theory you might just top up a larger amount when the currency remains in your favor and just hold the cash 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 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 certainly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it provides you gain access to not simply to stocks however also to products and cryptocurrency certainly this isn’t really something that beginners should dabble in however it does have that option for those of you who are interested in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally go in and talk to people discuss post see what individuals are posting about each private stock almost have like discussions about it and you can really take a look at individuals’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are buying consisting of the popular traders you can see the profits they have actually made and everything it is very transparent and i think it’s truly good since you frequently get like alerts saying like so many people are speaking about 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 viewpoint the copy portfolios so they have 2 options i believe i’ve discussed before you can either copy specific people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve spoken about this prior to however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s really cool and i believe it’s a substantial plus of the platform since they’ve got loads of various themes of these portfolios um that you can select from so that’s a huge plus for me the last pro from my perspective is it’s just got a really great layout control panel and the way it’s set up so unlike the other platforms that i use at the moment they have a really really good desktop version it looks really clean easy to use i didn’t really have any problems with finding out what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click the research you can click the news and it will simply tell you all the news about that particular stock it’s truly cool and likewise your portfolio just looks truly good and clean and actually has a lot of information on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in terms of in my opinion clearly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i use them myself but ones to be aware of the first one i think it is a little bit too simple to trade cfds so due to the fact that the cfd platform and the normal trading platform are integrated into one it makes it rather easy for individuals to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and mistakenly open a cfd which is really excellent and that’s basically among the main factors that i do use them so it’s not actually something to fret about inadvertently doing however i usually believe that a lot of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand several individuals who have actually lost quite a great deal of money um not on actually however still trading cfds so i think normally there should most likely be a little bit more it’s going to say regulation but just normally a bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that comes up a lot when i discuss is individuals grumbling about the fees now yes whilst you might compare to certain platforms that have lower fees there are also loads of platforms that have much higher costs so roundabouts and swings actually it all depends upon the big picture um they have a five dollar withdrawal charge is that really that much possibly 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 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 look at it there’s a couple of other costs on their charge page but generally the actual investing into stocks is commission complimentary so as soon as you’ve topped up you can do as numerous transactions as you want in regards to purchasing underlying properties without paying extra fees 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 need to go into each individual stock just to see when i have actually invested into it and just 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 truly 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 see this space that’s practically it if you are interested in providing a go i do have a recommendation link down below that you can utilize and you don’t even need to top up you can just utilize the virtual portfolio initially just to see what you think find out the platform and after that make a decision on whether you want to use it or not so i ‘d love to know your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.