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the consensus remains in regards to our analysts saying to purchase to hold to sell the stock all the rankings where it’s originated from Etoro Vs Robinhood Reddit…

so i think there’s a lot of curiosity about i do get a lot of questions asking me about the platform so i believed i would do a fast video simply taking you through the pros and cons the things that i think are good about the platform and the important things i believe are bad about the platform and after that you can make a decision on whether you want to try let’s jump directly in so the very first huge pro for me is the fact that they have analyst rankings and research i absolutely enjoy this it’s got a whole page for each of the stocks just telling you what experts are saying and doing about the stock so you can see here for example on johnson and johnson what it appears 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 purchasing or offering and the insider deals too so it just shows you whether experts have purchased the shares um over the last couple of months or not i believe this is absolutely excellent and displayed in an actually easy format so for me this is a substantial plus for the platform a second substantial plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective but i think this lessens your forex risk so in theory you could just top up a larger 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 costs whenever that you make a transaction whereas here that doesn’t happen you just pay the fx fee

What is social trading?

when you top up and when you withdraw and convert back to your own currency this certainly works finest if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it gives you access not just to stocks but likewise to commodities and cryptocurrency obviously this isn’t really something that novices should dabble in however it does have that alternative 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 enter and talk to people talk about post see what individuals are posting about each individual stock nearly have like discussions about it and you can in fact look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the profits they’ve made and everything it is very transparent and i believe it’s actually great because you frequently get like notices saying like so lots of people are speaking about tesla right now like see all the posts

here and it’s truly cool simply to see what individuals are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i think i have actually 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 have actually talked about this prior to however they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i believe it’s a big plus of the platform because they have actually got loads of different styles of these portfolios um that you can choose from so that’s a huge plus for me the final pro from my perspective is it’s just got an actually nice layout control panel and the method it’s established so unlike the other platforms that i use at the moment they have a truly truly great desktop version it looks really clean easy to use i didn’t actually have any concerns with figuring out what to do i like that for each stock you can enter and see whatever in one place you know you can click

on the chart you can click on the research study you can click the news and it will simply tell you all the news about that specific stock it’s really cool and also your portfolio just looks tidy and actually great and in fact 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 regards to in my opinion plainly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i use them myself but ones to be knowledgeable about the very first one i think it is a bit too simple to trade cfds so since 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

warnings in place and it’s not like you can just click a button and inadvertently open a cfd which is truly excellent which’s basically one of the main factors that i do use them so it’s not really something to worry about inadvertently doing however i typically believe that a great deal of the platforms that use cfds need to make it even harder to open cfds for retail investors i know quite a few individuals who have actually lost rather a great deal of cash um not on really however still trading cfds so i believe usually there should probably be a bit more it’s going to state guideline however just generally a bit more like a couple of more

hoops to jump through if you will um to open a cfd trade secondly the costs so this is something that comes up a lot when i discuss is individuals complaining about the fees now yes whilst you may compare to particular platforms that have lower fees there are also loads of platforms that have much greater costs so swings and roundabouts truly all of it depends on the big picture um they have a 5 dollar withdrawal fee is that really that much maybe if you’re constantly withdrawing l.

How to trade crypto in 2022 – 2023

ike 20 50 100 pounds yes maybe 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 really matter probably not so simply weigh that up um when you when you look at it there’s a couple of other fees on their charge page however normally the real investing into stocks is commission totally free so once you’ve topped up you can do as lots of deals as you want in terms of purchasing underlying properties without paying additional charges and lastly the last con from me is the portfolio history so i discover it a little bit hard to determine sort of what i have actually invested where i have to go into each specific 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 actually like to see all of the investments if possible and also i have actually still not really determined the dividends and how that shows up so that potentially is like a little bit of a 50 50 for me not quite sure yet to watch this space that’s pretty much it if you are interested in providing a go i do have a referral link down 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 want to use it or not so i ‘d like to know your ideas if you do try it out what you consider it and yeah that’s pretty much it for th.