the consensus remains in regards to our experts saying to buy to hold to sell the stock all the ratings where it’s come from Degiro Vs Etoro Vs Revolut…
I believe there’s a lot of curiosity 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 pros and cons the things that i believe are excellent 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 desire to offer it a go let’s dive directly in so the very first huge pro for me is the reality that they have analyst ratings and research study i definitely love this it’s got a whole page for each of the stocks simply telling 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 gives you the price 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 insider deals as well so it simply shows you whether insiders have bought the shares um over the last couple of months or not i think this is absolutely fantastic and shown in a really easy format so for me this is a substantial plus for the platform a 2nd huge 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 danger so in theory you might simply top up a bigger quantity when the currency remains in your favor and just hold the money waiting to invest it for a lot of the platforms you need to pay the fx charges whenever that you make a deal whereas here that does not occur you just pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it provides you access not simply to stocks however also to commodities and cryptocurrency obviously this isn’t actually something that newbies need to meddle but it does have that option for those of you who are interested in products and cryptocurrency the next pro in my viewpoint is the social element of the platform so you can actually go in and talk to people comment on post see what people are publishing about each specific stock practically have like conversations about it and you can in fact look at people’s portfolios so you can enter into anyone’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the earnings they have actually made and everything it is very transparent and i believe it’s really excellent due to the fact that you frequently get like alerts stating like so many people are discussing 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 is in my viewpoint the copy portfolios so they have two alternatives i think i have actually mentioned prior to 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 spoken about this prior to but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform since 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 truly nice design control panel and the method it’s established so unlike the other platforms that i usage at the moment they have an actually truly good desktop variation it looks actually 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 everything in one location you know you can click
on the chart you can click on the research study you can click the news and it will simply inform you all the news about that particular stock it’s actually cool and also your portfolio simply looks tidy and actually nice and in fact has a great deal of information on the primary portfolio page which i really like now for the cons i believe there are three primary cons in terms of in my viewpoint clearly they’re not ones that have put me off utilizing the platform um you know 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 because the cfd platform and the regular trading platform are integrated into one it makes it quite 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 accidentally open a cfd which is truly great which’s practically among the main reasons that i do use them so it’s not truly something to fret about mistakenly doing but i generally think that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail investors i know numerous individuals who’ve lost rather a great deal of cash um not on really however still trading cfds so i think generally there must most likely be a little bit more it’s going to say guideline however just usually a little more like a couple of more
hoops to jump 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 grumbling about the fees now yes whilst you might compare to particular platforms that have lower fees there are likewise loads of platforms that have much greater charges so roundabouts and swings actually it all depends upon the big picture um they have a five dollar withdrawal charge is that really that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
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 getting like a thousand pounds at a time then does it actually matter most likely not so just weigh that up um when you when you take a look at it there’s a few other costs on their cost page but normally the actual investing into stocks is commission complimentary so once you have actually topped up you can do as lots of deals as you want in terms of buying underlying possessions without paying additional fees and lastly the last con from me is the portfolio history so i discover it a little bit hard to figure out sort of what i have actually invested where i need to go into each private stock simply to see when i have actually invested into it and 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 also i’ve still not actually figured out the dividends and how that shows up so that possibly is like a little bit of a 50 50 for me not quite sure yet to see this space that’s pretty much it if you have an interest in providing a go i do have a recommendation link down 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 think find out the platform and then decide on whether you wish to utilize it or not so i ‘d like to understand your thoughts if you do try it out what you consider it and yeah that’s basically it for th.