the agreement remains in terms of our experts saying to buy to hold to sell the stock all the scores where it’s come from Etoro Vs Plus500 Vs Xtb…
so i believe there’s a great deal of interest about i do get a great deal of questions asking me about the platform so i thought i would do a fast video just taking you through the pros and cons the things that i think are good 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 try let’s jump directly in so the first huge pro for me is the fact that they have expert rankings and research i definitely 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 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 purchasing or offering and the expert deals too so it simply shows you whether experts have bought the shares um over the last couple of months or not i believe this is definitely excellent and displayed in a really easy format so for me this is a huge plus for the platform a 2nd substantial 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 foreign exchange threat so in theory you could simply top up a bigger quantity when the currency remains 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 occur you simply pay the fx cost
What is social trading?
when you top up and when you withdraw and convert back to your own currency this clearly works finest if you invest a lot into u.s stocks the third big pro of the platform in my opinion is that it gives you access not simply to stocks but likewise to products and cryptocurrency undoubtedly this isn’t really something that novices need to dabble in but 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 aspect of the platform so you can actually go in and speak to individuals comment on post see what people are posting about each specific stock practically have like discussions about it and you can actually take a look at individuals’s portfolios so you can go into anybody’s profile click on their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they’ve made and everything it is extremely transparent and i believe it’s actually good since you typically get like notices saying thus many individuals are speaking about tesla today like see all the posts
here and it’s truly 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 options i believe i have actually mentioned 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’ve discussed this prior to but they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s type of like an etf in my opinion um it’s actually cool and i think it’s a substantial plus of the platform because they have actually got loads of different styles of these portfolios um that you can select from so that’s a big plus for me the last pro from my point of view is it’s just got an actually great layout control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a really truly nice desktop version it looks truly clean easy to use i didn’t actually 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 understand you can click
on the chart you can click on the research you can click the news and it will just inform you all the news about that particular stock it’s really cool and likewise your portfolio simply looks clean and truly great and in fact has a lot of data on the main portfolio page which i actually like now for the cons i think there are 3 primary 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 familiar with the very first one i believe it is a bit too easy to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it quite easy for people 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 truly good and that’s basically among the main reasons that i do utilize them so it’s not really something to worry about unintentionally doing but i typically believe that a great deal of the platforms that use cfds should make it even harder to open cfds for retail investors i know several individuals who have actually lost quite a lot of cash um not on really but still trading cfds so i think generally there ought to probably be a little bit more it’s going to say guideline however just normally 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 comes up a lot when i talk about is individuals grumbling about the fees now yes whilst you may compare to certain platforms that have lower charges there are likewise loads of platforms that have much greater charges so roundabouts and swings actually it all depends on the big picture um they have a five dollar withdrawal charge is that really that much maybe if you’re continuously withdrawing l.
How to trade crypto in 2022 – 2023
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 taking out like a thousand pounds at a time then does it really matter most likely not so just weigh that up um when you when you look at it there’s a couple of other fees on their cost page however normally the real investing into stocks is commission free so when you have actually topped up you can do as many transactions as you want in regards to purchasing underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i find it a bit hard to find out sort of what i have actually invested where i need to go into each individual stock just 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 really like to see all of the financial investments if possible and also i have actually still not really 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 watch this space that’s basically it if you are interested in giving them a go i do have a referral link down below that you can utilize and you do not even have to top up you can simply utilize the virtual portfolio at first simply to see what you believe find out the platform and after that decide on whether you wish to use it or not so i ‘d like to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.