the agreement remains in terms of our experts saying to buy to hold to sell the stock all the ratings where it’s come from Etoro Sign Up Bonus Uk…
I believe there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i thought i would do a fast video simply taking you through the pros and cons the things that i think are excellent about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you desire to provide it a go let’s jump directly in so the very first huge pro for me is the fact that they have expert ratings and research study i absolutely like this it’s got an entire page for each of the stocks simply informing you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it provides you the cost 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 buying and the expert deals also so it simply shows you whether insiders have purchased the shares um over the last couple of months or not i believe this is definitely excellent and shown in a truly simple format so for me this is a big plus for the platform a 2nd substantial plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i think this decreases your forex risk so in theory you might simply top up a larger amount when the currency remains in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx fees every time that you make a transaction whereas here that doesn’t happen you simply pay the fx fee
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when you top up and when you withdraw and convert 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 access not simply to stocks however also to commodities and cryptocurrency certainly this isn’t truly something that beginners ought to meddle but 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 aspect of the platform so you can literally enter and speak with individuals discuss post see what individuals are publishing about each specific stock practically have like discussions about it and you can actually look at people’s portfolios so you can go into anyone’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they’ve made and everything it is very transparent and i think it’s really excellent since you frequently get like notices saying thus many individuals are talking about tesla right now like see all the posts
here and it’s really cool just to see what individuals are believing the next pro of the platform remains in my viewpoint the copy portfolios so they have 2 alternatives i think i’ve discussed before you can either copy individual people or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this prior to but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s really cool and i think it’s a huge plus of the platform since they have actually got loads of various themes of these portfolios um that you can pick from so that’s a huge plus for me the last pro from my viewpoint is it’s simply got a really nice layout dashboard and the way it’s set up so unlike the other platforms that i usage at the moment they have an actually actually great desktop version it looks really tidy easy to use i didn’t really have any issues with figuring out what to do i like that for each stock you can go in and see whatever in one place you understand you can click
on the chart you can click the research you can click the news and it will just tell you all the news about that specific stock it’s truly cool and also your portfolio just looks really good and clean and actually has a great deal of information on the primary portfolio page which i truly like now for the cons i believe there are 3 main cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you know i’ve done portfolio updates i utilize them myself however ones to be knowledgeable about the first one i believe it is a bit too easy to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite simple for people to trade cfds now they do put
cautions in place and it’s not like you can just click a button and mistakenly open a cfd which is actually good which’s practically among the main reasons that i do use them so it’s not really something to worry about unintentionally doing but i normally think that a great deal of the platforms that offer cfds should make it even harder to open cfds for retail financiers i understand quite a few people who’ve lost quite a lot of cash um not on actually but still trading cfds so i believe generally there need to most likely be a little bit more it’s going to state policy however just generally a little more like a couple of more
hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that turns up a lot when i talk about is people 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 really everything depends on the big picture um they have a five dollar withdrawal cost is that truly that much possibly 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 securing like a thousand pounds at a time then does it actually matter most likely not so just weigh that up um when you when you take a look at it there’s a few other fees on their cost page however normally the real 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 buying underlying properties without paying extra fees and finally 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 individual stock just to see when i’ve invested into it and just 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 really like to see all of the financial investments if possible and likewise i have actually still not actually figured out 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 area that’s pretty much it if you have an interest in giving them a go i do have a referral link down listed below that you can use and you don’t even need to top up you can just use the virtual portfolio initially simply to see what you think find out the platform and then decide on whether you wish to utilize it or not so i ‘d like to know your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.