the agreement remains in terms of our experts stating to buy to hold to sell the stock all the rankings where it’s come from Etoro Live Chat Uk…
so i believe there’s a great deal of curiosity about i do get a great deal of concerns asking me about the platform so i believed i would do a quick video just taking you through the benefits and drawbacks the important things that i believe are good about the platform and the important things i believe are bad about the platform and then you can decide on whether you want to try let’s jump directly in so the first huge pro for me is the reality that they have analyst scores and research i definitely enjoy this it’s got a whole page for each of the stocks simply informing you what experts are saying and doing about the stock so you can see here for instance on johnson and johnson what it appears like it provides you the rate 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 deals also so it simply shows you whether insiders have actually bought the shares um over the last couple of months or not i believe this is definitely fantastic and shown in a truly simple format so for me this is a huge plus for the platform a 2nd substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i believe this reduces your forex danger 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 great deal of the platforms you need to pay the fx charges every time that you make a transaction whereas here that does not occur you simply pay the fx fee
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when you top up and when you withdraw and transform back to your own currency this undoubtedly works best if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it gives you gain access to not simply to stocks but likewise to products and cryptocurrency obviously this isn’t actually something that novices ought to meddle but it does have that choice 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 literally go in and talk with people talk about post see what individuals are posting about each private stock almost have like discussions about it and you can actually take a look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and everything it is very transparent and i think it’s truly excellent due to the fact that you typically get like notifications saying like so many individuals are speaking about tesla today like see all the posts
here and it’s really cool simply to see what people are thinking the next pro of the platform is in my opinion the copy portfolios so they have 2 alternatives i think i have actually 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’ve spoken about this before however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i think it’s a huge plus of the platform because 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 last pro from my point of view is it’s simply got an actually good layout dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a really really good desktop variation it looks truly tidy easy to use i didn’t truly have any issues with determining 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 on the research you can click on the news and it will just tell you all the news about that specific stock it’s truly cool and likewise your portfolio simply looks tidy and actually nice and really has a great deal of data on the main portfolio page which i truly like now for the cons i think there are 3 main cons in terms of in my viewpoint clearly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be familiar with the very first one i think it is a 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 easy for individuals to trade cfds now they do put
cautions in place and it’s not like you can just click a button and unintentionally open a cfd which is truly excellent and that’s practically one of the main reasons that i do use them so it’s not actually something to stress over unintentionally doing but i normally believe that a lot of the platforms that offer cfds should make it even harder to open cfds for retail investors i know many people who have actually lost rather a lot of cash um not on actually however still trading cfds so i believe generally there need to probably be a little bit more it’s going to say guideline however just typically a little 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 comes up a lot when i discuss is individuals complaining about the costs now yes whilst you may compare to certain platforms that have lower fees there are likewise loads of platforms that have much greater costs so roundabouts and swings truly everything depends on the big picture um they have a 5 dollar withdrawal fee is that truly that much maybe if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re only going to be taking out 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 costs on their cost page however usually the actual investing into stocks is commission complimentary so once you have actually topped up you can do as lots of transactions as you want in regards to buying underlying assets without paying additional fees and lastly the last con from me is the portfolio history so i discover it a bit hard to find out sort of what i have actually invested where i need to go into each specific stock simply 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 truly like to see all of the investments if possible and likewise i have actually still not really figured out the dividends and how that shows up so that potentially resembles a little a 50 50 for me not quite sure yet to view this area 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 simply use the virtual portfolio at first just to see what you believe discover the platform and then make a decision on whether you want to use it or not so i ‘d enjoy to understand your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.