the consensus remains in terms of our analysts saying to buy to hold to sell the stock all the ratings where it’s originated from Etoro Reddit Review Crypto…
I think there’s a lot of interest about i do get a lot of questions asking me about the platform so i believed i would do a fast video just taking you through the pros and cons the things that i think are great about the platform and the things i think are bad about the platform and then you can make a decision on whether or not you want to offer it a go let’s dive straight in so the first huge pro for me is the reality that they have expert scores and research i definitely love this it’s got an entire page for each of the stocks just informing you what experts are stating and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers 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 buying or offering and the insider deals as well so it just shows you whether experts have actually bought the shares um over the last couple of months or not i believe this is absolutely excellent and shown in an actually easy format so for me this is a huge plus for the platform a second big plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective but i believe this reduces your forex danger so in theory you might simply top up a bigger amount when the currency remains in your favor and simply hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges every time that you make a deal whereas here that doesn’t happen you just pay the fx cost
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when you top up and when you withdraw and convert 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 likewise to products and cryptocurrency clearly this isn’t truly something that beginners should dabble in but it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually enter and speak to individuals comment on post see what individuals are posting about each private stock practically have like conversations about it and you can in fact look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in consisting of the popular traders you can see the revenues they’ve made and whatever it is extremely transparent and i believe it’s actually good because you typically get like alerts saying thus many people are discussing tesla right now like see all the posts
here and it’s really cool just to see what individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have two choices i think i’ve mentioned 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 have actually spoken about this prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my viewpoint um it’s really cool and i think it’s a substantial plus of the platform because they have actually got loads of various styles of these portfolios um that you can choose from so that’s a substantial plus for me the final pro from my perspective is it’s just got a truly great layout control panel and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly truly great desktop variation it looks really tidy easy to use i didn’t truly have any problems with figuring out what to do i like that for each stock you can go in and see everything in one place you understand you can click
on the chart you can click on the research study you can click 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 tidy and truly great and in fact has a great deal of data on the primary 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 put me off using the platform um you understand i’ve done portfolio updates i use them myself however ones to be aware of the first one i believe it is a bit too simple to trade cfds so since 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 just click a button and accidentally open a cfd which is really good and that’s basically one of the main reasons that i do utilize them so it’s not really 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 financiers i understand many people who’ve lost quite a great deal of cash um not on actually but still trading cfds so i think generally there must probably be a little bit more it’s going to say regulation however just typically a little bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the costs so this is something that shows up a lot when i discuss is people grumbling about the charges now yes whilst you might compare to specific platforms that have lower fees there are also loads of platforms that have much greater costs so swings and roundabouts actually it all depends upon the big picture um they have a five dollar withdrawal cost 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 however if you’re investing long term and you’re just going to be getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you look at it there’s a few other charges on their charge page but usually the real investing into stocks is commission complimentary so when you’ve topped up you can do as numerous transactions as you want in terms of buying underlying properties without paying additional costs and lastly the last con from me is the portfolio history so i find it a bit challenging to determine sort of what i have actually invested where i need to go into each private 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 really like to see all of the financial investments if possible and likewise i’ve still not actually found out the dividends and how that appears so that possibly is like a little a 50 50 for me not quite sure yet to view this area that’s practically it if you are interested in giving them a go i do have a recommendation link down listed below that you can utilize and you do not even have to top up you can just utilize the virtual portfolio initially simply to see what you think learn the platform and then decide on whether you wish to use it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.