the agreement remains in regards to our experts saying to buy to hold to sell the stock all the ratings where it’s originated from Etoro Vs Nordnet…
I think 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 think are great 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 give it a go let’s dive straight in so the first big pro for me is the reality that they have analyst scores and research i definitely love this it’s got an entire 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 gives you the price 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 selling and the insider deals also so it just reveals you whether experts have actually purchased the shares um over the last few months or not i believe this is absolutely terrific and shown in a truly simple format so for me this is a substantial plus for the platform a second huge plus for me is the reality that your currency is kept in u.s dollars so i guess this is subjective however i believe this lessens your forex risk so in theory you might simply top up a bigger amount when the currency is in your favor and simply hold the money waiting to invest it for a lot of the platforms you have to pay the fx charges whenever that you make a transaction whereas here that does not happen you just pay the fx cost
What is social trading?
when you top up and when you withdraw and convert back to your own currency this certainly works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my opinion is that it offers you access not simply to stocks however likewise to commodities and cryptocurrency certainly this isn’t truly something that newbies ought to dabble in however it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social element of the platform so you can actually enter and speak with individuals comment on post see what individuals are posting about each private stock almost have like conversations about it and you can really take a look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are purchasing including the popular traders you can see the revenues they have actually made and whatever it is extremely transparent and i think it’s actually great due to the fact that you often get like notices saying thus many individuals are talking about tesla right now 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 viewpoint the copy portfolios so they have 2 choices i believe i’ve pointed out 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 spoken about this before however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s actually cool and i believe it’s a huge plus of the platform because they’ve got loads of different themes of these portfolios um that you can choose from so that’s a substantial plus for me the final pro from my perspective is it’s just got an actually good layout control panel and the method it’s established so unlike the other platforms that i usage at the moment they have an actually really nice desktop version it looks really tidy easy to use i didn’t really have any problems with finding out what to do i like that for each stock you can enter and see everything in one location you know you can click
on the chart you can click the research you can click on the news and it will simply inform you all the news about that particular stock it’s really cool and also your portfolio simply looks clean and actually nice and actually has a great deal of data on the main portfolio page which i actually like now for the cons i think there are three main cons in regards to in my opinion plainly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i utilize them myself but ones to be knowledgeable about the first one i think it is a little bit too easy to trade cfds so due to the fact that the cfd platform and the typical 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 just click a button and accidentally open a cfd which is actually good which’s pretty much one of the primary factors that i do utilize them so it’s not truly something to stress over unintentionally doing however i normally believe that a lot of the platforms that use cfds need to make it even harder to open cfds for retail investors i know quite a few individuals who have actually lost quite a great deal of money um not on actually but still trading cfds so i believe generally there ought to most likely be a bit more it’s going to say regulation but just typically a little more like a couple of more
hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that comes 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 greater costs so swings and roundabouts really everything depends upon the big picture um they have a five dollar withdrawal fee is that actually that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe 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 actually matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other charges on their fee page but typically the real investing into stocks is commission free so once you’ve topped up you can do as numerous transactions as you desire in regards to purchasing underlying assets without paying additional charges and lastly the last con from me is the portfolio history so i find it a bit challenging to find out sort of what i’ve invested where i have to go into each individual stock simply 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 actually like to see all of the investments if possible and also i’ve still not truly 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 view this space that’s practically it if you have an interest in providing a go i do have a referral link down below that you can utilize and you don’t even have to top up you can just use the virtual portfolio at first just to see what you believe find out the platform and after that make a decision on whether you want to use it or not so i ‘d love to know your ideas if you do try it out what you consider it and yeah that’s practically it for th.