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I believe there’s a lot of interest about i do get a lot of concerns asking me about the platform so i thought i would do a quick video just taking you through the pros and cons the things that i think are great about the platform and the things i believe are bad about the platform and then you can make a decision on whether or not you desire to give it a go let’s jump straight in so the very first huge pro for me is the fact that they have expert ratings and research i absolutely enjoy this it’s got a whole page for each of the stocks just informing you what experts are doing and stating 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 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 offering or purchasing and the expert deals too so it simply reveals you whether experts have purchased the shares um over the last couple of months or not i think this is definitely fantastic and displayed in a truly easy format so for me this is a huge plus for the platform a 2nd substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i believe this minimizes your foreign exchange risk so in theory you could simply top up a larger quantity when the currency remains in your favor and just hold the cash 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 occur you simply pay the fx charge

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when you top up and when you withdraw and convert back to your own currency this obviously works finest if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it offers you gain access to not just to stocks however likewise to commodities and cryptocurrency clearly this isn’t really something that novices ought to meddle however it does have that option for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally go in and speak with individuals discuss post see what individuals are posting about each private stock almost have like conversations 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 buying including the popular traders you can see the revenues they have actually made and everything it is really transparent and i think it’s really great due to the fact that you typically get like alerts stating thus many people are speaking about tesla today 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 alternatives i think i’ve discussed before you can either copy private 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 just holds loads of renewable energy stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i think it’s a big plus of the platform because they have actually got loads of various themes of these portfolios um that you can select from so that’s a big plus for me the last pro from my viewpoint is it’s just got an actually nice design dashboard and the method it’s set up so unlike the other platforms that i use at the moment they have a truly truly great desktop version it looks truly clean easy to use i didn’t actually have any problems with figuring out what to do i like that for each stock you can enter and see whatever in one place you understand you can click

on the chart you can click on the research you can click on the news and it will simply inform you all the news about that particular stock it’s truly cool and also your portfolio just looks tidy and actually great and actually has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are 3 primary cons in regards to in my opinion plainly they’re not ones that have actually put me off utilizing the platform um you understand i have actually done portfolio updates i utilize them myself however ones to be knowledgeable about the very first one i believe it is a bit too simple to trade cfds so because the cfd platform and the normal trading platform are incorporated into one it makes it quite simple for individuals to trade cfds now they do put

cautions 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 practically among the main factors that i do utilize them so it’s not actually something to stress over accidentally doing but i usually believe that a great deal of the platforms that offer cfds ought to make it even harder to open cfds for retail financiers i know several people who have actually lost quite a lot of cash um not on really but still trading cfds so i think typically there ought to most likely be a bit more it’s going to state guideline 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 charges so this is something that turns up a lot when i talk about is people complaining about the fees now yes whilst you may compare to particular platforms that have lower charges there are likewise loads of platforms that have much higher fees so swings and roundabouts truly all of it depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much maybe 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 getting like a thousand pounds at a time then does it truly matter probably not so just weigh that up um when you when you take a look at it there’s a few other charges on their cost page however typically the actual investing into stocks is commission totally free so when you have actually topped up you can do as lots of deals as you want in regards to buying underlying properties without paying additional costs and finally the last con from me is the portfolio history so i discover it a bit tough to find out sort of what i have actually invested where i need to go into each private 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 really like to see all of the financial investments if possible and likewise i have actually still not truly found out 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 have an interest in giving them a go i do have a referral link down listed below that you can utilize and you don’t even need to top up you can just use the virtual portfolio at first simply to see what you believe find out the platform and after that decide on whether you want to use it or not so i ‘d enjoy to know your ideas if you do try it out what you think about it and yeah that’s pretty much it for th.