the consensus is in regards to our experts saying to buy to hold to sell the stock all the scores where it’s come from How To Know How Much Money They Made On Etoro…
I believe there’s a lot of curiosity about i do get a lot of concerns 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 believe are good 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 want to offer it a go let’s dive straight in so the first big pro for me is the reality that they have expert scores and research 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 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 purchasing or offering and the expert transactions as well so it simply shows you whether experts have purchased the shares um over the last couple of months or not i believe this is definitely fantastic and shown in a truly easy format so for me this is a huge plus for the platform a second big 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 reduces your forex threat so in theory you might simply top up a larger quantity when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx fees each time that you make a transaction 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 transform back to your own currency this obviously works finest if you invest a lot into u.s stocks the third huge pro of the platform in my viewpoint is that it provides you access not simply to stocks but also to products and cryptocurrency obviously this isn’t truly something that newbies should dabble in however it does have that option 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 speak to individuals comment on post see what individuals are posting about each private stock nearly have like discussions about it and you can really take a look at individuals’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are investing in including the popular traders you can see the profits they have actually made and whatever it is really transparent and i think it’s actually excellent due to the fact that you typically get like notifications stating like so lots of people are discussing tesla right now like see all the posts
here and it’s really cool simply to see what individuals 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 before you can either copy private individuals 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 resource stocks it’s sort of like an etf in my opinion um it’s truly cool and i believe it’s a big plus of the platform due to the fact that they have actually got loads of various themes of these portfolios um that you can choose from so that’s a big plus for me the final pro from my viewpoint is it’s just got an actually great layout dashboard and the method it’s established so unlike the other platforms that i use at the moment they have a really actually nice desktop version it looks actually tidy easy to use i didn’t truly have any concerns with finding out what to do i like that for each stock you can go in and see whatever in one location you know you can click
on the chart you can click the research you can click the news and it will simply inform you all the news about that specific stock it’s actually cool and likewise your portfolio just looks tidy and really great and in fact has a great deal of data on the main portfolio page which i truly like now for the cons i believe there are 3 main cons in regards to in my opinion 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 but 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 unintentionally open a cfd which is truly great which’s basically among the primary reasons that i do use them so it’s not truly something to fret about accidentally 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 know many people who have actually lost quite a great deal of cash um not on in fact but still trading cfds so i believe typically there should most likely be a little bit more it’s going to state policy but just usually a little 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 talk about 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 swings and roundabouts actually all of it depends upon the big picture um they have a five dollar withdrawal cost is that really that much perhaps if you’re constantly withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re only going to be taking out like a thousand pounds at a time then does it really matter most likely not so simply weigh that up um when you when you look at it there’s a couple of other charges on their cost page but generally the real investing into stocks is commission complimentary so as soon as you’ve topped up you can do as lots of transactions as you desire in terms of buying underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i find it a little bit hard to determine sort of what i have actually invested where i need to go into each specific 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 truly like to see all of the financial investments if possible and also i’ve still not actually figured out the dividends and how that appears so that potentially 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 below that you can use and you don’t even need to top up you can just utilize the virtual portfolio at first simply to see what you think discover the platform and after that decide on whether you want to utilize it or not so i ‘d enjoy to understand your ideas if you do try it out what you consider it and yeah that’s basically it for th.