the consensus is in regards to our experts saying to buy to hold to sell the stock all the rankings where it’s come from Etoro 20 Bonus…
so i believe there’s a great deal of interest about i do get a lot of questions asking me about the platform so i thought i would do a quick video just taking you through the benefits and drawbacks the important things that i think 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 want to give it a go let’s dive straight in so the very first huge pro for me is the truth that they have expert rankings and research i absolutely love this it’s got an entire page for each of the stocks simply telling you what analysts are saying and doing about the stock so you can see here for instance on johnson and johnson what it looks like it gives 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 buying or offering and the expert transactions also so it just reveals you whether experts have purchased the shares um over the last couple of months or not i believe this is absolutely great and shown in a truly simple format so for me this is a substantial plus for the platform a second big 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 reduces your forex danger so in theory you could just top up a bigger amount when the currency remains 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 fees every time that you make a deal whereas here that does not happen you simply pay the fx charge
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when you top up and when you withdraw and transform back to your own currency this clearly works finest if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it offers you access not simply to stocks however also to products and cryptocurrency obviously this isn’t really something that newbies must meddle however it does have that choice for those of you who are interested in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally enter and talk with individuals comment on post see what people are posting about each individual stock nearly have like conversations about it and you can in fact take a look at people’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying including the popular traders you can see the revenues they have actually made and everything it is really transparent and i believe it’s actually good because you typically get like alerts stating like so lots of people are discussing tesla today like see all the posts
here and it’s actually cool just 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 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 have actually discussed this before however they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion 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 styles of these portfolios um that you can select from so that’s a huge plus for me the last pro from my point of view is it’s just got a really great layout dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have a truly truly good desktop version it looks really tidy easy to use i didn’t truly have any issues with figuring out what to do i like that for each stock you can go in and see whatever in one location you understand you can click
on the chart you can click on the research you can click the news and it will just tell you all the news about that particular stock it’s actually cool and likewise your portfolio just looks tidy and actually great and in fact has a lot of information 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 opinion plainly they’re not ones that have actually put me off using the platform um you understand i have actually done portfolio updates i use them myself however ones to be aware of 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 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 unintentionally open a cfd which is truly good and that’s pretty much among the main factors that i do utilize them so it’s not truly something to stress over mistakenly doing however i typically think that a lot of the platforms that provide cfds should make it even harder to open cfds for retail investors i know several individuals who have actually lost quite a lot of money um not on actually but still trading cfds so i believe generally there ought to probably be a bit more it’s going to state regulation but just typically a bit more like a few more
hoops to leap through if you will um to open a cfd trade second of all the fees so this is something that comes up a lot when i discuss is individuals complaining about the charges now yes whilst you might compare to certain platforms that have lower charges there are also loads of platforms that have much higher costs so roundabouts and swings truly all of it depends on the big picture um they have a five dollar withdrawal charge is that actually that much perhaps 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 only going to be securing like a thousand pounds at a time then does it really matter probably not so simply weigh that up um when you when you take a look at it there’s a couple of other charges on their cost page however typically the real investing into stocks is commission complimentary so once you have actually topped up you can do as numerous deals as you want in regards to buying underlying assets without paying additional charges and finally the last con from me is the portfolio history so i find it a little bit challenging to figure out sort of what i have actually invested where i have to go into each individual stock simply 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 actually like to see all of the financial investments if possible and likewise i’ve still not really figured out the dividends and how that appears so that potentially is like a bit of a 50 50 for me not quite sure yet to see this area that’s practically it if you have an interest in giving them a go i do have a recommendation link down below that you can utilize and you do not even have to top up you can just use the virtual portfolio at first just to see what you think find out the platform and after that make a decision on whether you want to utilize it or not so i ‘d like to understand your ideas if you do try it out what you think about it and yeah that’s practically it for th.