the agreement is in terms of our experts stating to buy to hold to offer the stock all the rankings where it’s come from Robinhood Vs Etoro…
so i think there’s a lot of curiosity about i do get a great deal 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 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 decide on whether you want to give it a go let’s jump directly in so the first big pro for me is the fact that they have analyst ratings and research i definitely enjoy this it’s got an entire page for each of the stocks just informing you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it appears like it offers 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 buying or selling and the insider deals too so it simply reveals you whether experts have actually bought the shares um over the last few months or not i believe this is absolutely fantastic and shown in a really easy format so for me this is a big plus for the platform a second huge plus for me is the fact 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 is in your favor and just hold the money waiting to invest it for a great deal of the platforms you need to pay the fx costs whenever that you make a deal 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 clearly 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 just to stocks but also to products and cryptocurrency certainly this isn’t truly something that novices must dabble in 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 individuals comment on post see what people are publishing about each individual stock almost have like conversations about it and you can actually take a look at individuals’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are investing in including the popular traders you can see the profits they’ve made and everything it is very transparent and i believe it’s truly good because you typically get like alerts stating thus many individuals are talking about tesla today like see all the posts
here and it’s actually cool just to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have 2 options i believe i’ve discussed prior to 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 before but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform due to the fact that they’ve got loads of various themes of these portfolios um that you can choose from so that’s a big plus for me the last pro from my viewpoint is it’s just got an actually good design dashboard and the way it’s established so unlike the other platforms that i use at the moment they have a really truly nice desktop version it looks actually tidy easy to use i didn’t actually have any concerns with determining what to do i like that for each stock you can enter and see whatever in one location you know you can click
on the chart you can click on the research you can click on the news and it will just inform you all the news about that specific stock it’s really cool and also your portfolio simply looks really good and clean and actually has a lot of data on the primary portfolio page which i actually like now for the cons i think there are three primary cons in terms of in my viewpoint clearly they’re not ones that have actually put me off utilizing the platform um you know i’ve done portfolio updates i utilize them myself but ones to be knowledgeable about the very first one i think it is a bit too simple to trade cfds so because the cfd platform and the normal trading platform are integrated into one it makes it quite easy for people to trade cfds now they do put
warnings in place and it’s not like you can simply click a button and inadvertently open a cfd which is actually excellent and that’s basically among the primary factors that i do utilize them so it’s not really something to stress over inadvertently doing but i generally believe that a lot of the platforms that use cfds ought to make it even harder to open cfds for retail financiers i understand quite a few individuals who have actually lost quite a lot of money um not on in fact however still trading cfds so i think normally there must probably be a little bit more it’s going to say policy but just generally a little bit 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 comes up a lot when i speak about is people grumbling about the fees now yes whilst you may compare to particular platforms that have lower fees there are likewise loads of platforms that have much greater fees so roundabouts and swings truly it all depends upon the big picture um they have a 5 dollar withdrawal fee is that actually that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you look at it there’s a few other charges on their fee page but typically the actual investing into stocks is commission complimentary so once you have actually topped up you can do as many transactions as you desire in regards to buying underlying assets without paying additional charges and lastly the last con from me is the portfolio history so i discover it a little bit tough to figure out sort of what i’ve invested where i have to go into each specific stock simply to see when i have actually 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 financial investments if possible and also i’ve still not truly determined 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 see this space that’s practically it if you are interested in giving them a go i do have a referral link down listed below that you can utilize and you do not even need to top up you can just use the virtual portfolio initially just to see what you think learn the platform and after that make a decision on whether you wish to utilize it or not so i ‘d enjoy to know your thoughts if you do try it out what you consider it and yeah that’s pretty much it for th.