the consensus is in regards to our analysts saying to purchase to hold to sell the stock all the rankings where it’s originated from Etoro Referral Bonus Philippines…
so i think there’s a lot of interest about i do get a great deal of questions asking me about the platform so i thought i would do a quick video simply taking you through the benefits and drawbacks the important things that i believe are good about the platform and the things i think 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 directly in so the very first big pro for me is the reality that they have analyst ratings and research i definitely love this it’s got an entire page for each of the stocks simply informing you what analysts are doing and stating about the stock so you can see here for instance on johnson and johnson what it appears like it gives you the cost 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 offering or buying and the insider deals as well so it just shows you whether insiders have actually bought the shares um over the last few months or not i think this is absolutely great and shown in a truly easy format so for me this is a big plus for the platform a second huge plus for me is the truth that your currency is held in u.s dollars so i guess this is subjective but i think this decreases your foreign exchange danger so in theory you might just top up a bigger amount 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 whenever that you make a deal whereas here that does not occur you simply pay the fx cost
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when you top up and when you withdraw and transform back to your own currency this obviously works finest 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 however also to commodities and cryptocurrency clearly this isn’t actually something that beginners should meddle however it does have that choice 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 with people talk about post see what individuals are publishing about each individual stock practically have like conversations about it and you can really look at individuals’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are purchasing including the popular traders you can see the profits they have actually made and whatever it is very transparent and i think it’s really great since you typically get like notices stating like so many people 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 viewpoint the copy portfolios so they have two alternatives i believe i have actually pointed out 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 discussed this prior to however they have a renewable resource portfolio which just holds loads of renewable resource stocks it’s kind of like an etf in my opinion um it’s truly cool and i believe it’s a big plus of the platform because they’ve got loads of different themes of these portfolios um that you can select from so that’s a huge plus for me the final pro from my viewpoint is it’s just got a truly nice layout dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a really really nice desktop version it looks really clean easy to use i didn’t truly have any concerns 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 on the news and it will simply tell you all the news about that specific stock it’s actually cool and also your portfolio simply looks really great and tidy and really has a great deal of information on the main portfolio page which i really like now for the cons i think there are three main cons in terms of in my viewpoint plainly they’re not ones that have actually put me off using the platform um you know i have actually done portfolio updates i utilize them myself but ones to be knowledgeable about the very first one i believe it is a little bit too easy to trade cfds so since the cfd platform and the regular trading platform are incorporated into one it makes it rather simple for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and accidentally open a cfd which is really great and that’s practically one of the main reasons that i do use them so it’s not actually something to stress over accidentally doing however i typically think that a lot of the platforms that offer cfds need to make it even harder to open cfds for retail investors i understand numerous individuals who have actually lost rather a lot of cash um not on in fact however still trading cfds so i believe normally there must probably be a little bit more it’s going to say policy but simply generally a bit 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 shows up a lot when i discuss is people grumbling about the costs now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much greater costs so roundabouts and swings truly it all depends on the big picture um they have a five dollar withdrawal charge is that actually that much maybe if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes possibly that’s a lot but if you’re investing long term and you’re just 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 look at it there’s a few other fees on their cost page but generally the actual investing into stocks is commission complimentary so once you have actually topped up you can do as many transactions as you want in terms of buying underlying properties without paying additional fees and lastly the last con from me is the portfolio history so i discover it a bit hard to determine sort of what i have actually invested where i have to go into each individual stock just to see when i have actually 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 really like to see all of the investments if possible and likewise i’ve still not actually determined the dividends and how that shows up so that potentially resembles a little bit of a 50 50 for me not quite sure yet to enjoy this space that’s basically it if you are interested in giving them 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 just utilize the virtual portfolio initially just to see what you believe discover the platform and after that make a decision on whether you want to use it or not so i ‘d enjoy to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.