the consensus is in regards to our analysts saying to buy to hold to offer the stock all the rankings where it’s come from Etoro Vs Revolut Trading…
I think there’s a lot of curiosity about i do get a lot of concerns asking me about the platform so i thought i would do a quick video simply 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 choice on whether or not you desire to offer it a go let’s dive directly in so the first huge pro for me is the reality that they have expert rankings and research study i definitely enjoy this it’s got a whole page for each of the stocks just telling you what analysts are doing and saying about the stock so you can see here for example on johnson and johnson what it looks like it gives 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 selling and the insider transactions also so it just reveals you whether experts have bought the shares um over the last few months or not i think this is absolutely excellent and shown in an actually 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 however i believe this minimizes your foreign exchange threat so in theory you might simply top up a bigger quantity when the currency remains 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 every time that you make a transaction whereas here that does not occur you simply pay the fx fee
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when you top up and when you withdraw and convert back to your own currency this clearly works best 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 products and cryptocurrency obviously this isn’t really something that newbies need to dabble in but 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 aspect of the platform so you can actually go in and talk with individuals discuss post see what people are posting about each specific stock nearly have like discussions about it and you can in fact look at individuals’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in including the popular traders you can see the revenues they have actually made and whatever it is extremely transparent and i believe it’s actually excellent since you typically get like alerts stating thus lots of people are discussing tesla right now 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 2 alternatives i think i’ve mentioned 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’ve talked about this prior to however they have a renewable energy portfolio which simply holds loads of renewable energy stocks it’s kind of like an etf in my opinion um it’s really cool and i think it’s a substantial plus of the platform due to the fact that they’ve got loads of different themes of these portfolios um that you can choose from so that’s a big plus for me the last pro from my perspective is it’s simply got an actually good layout dashboard and the method it’s established so unlike the other platforms that i usage at the moment they have a truly actually great desktop variation it looks really clean easy to use i didn’t actually have any problems with determining what to do i like that for each stock you can go in and see whatever in one place you understand you can click
on the chart you can click the research study you can click the news and it will just tell you all the news about that particular stock it’s really cool and also your portfolio just looks truly nice and tidy and really has a lot of data on the main portfolio page which i truly like now for the cons i think there are 3 primary cons in terms of in my opinion plainly they’re not ones that have put me off using the platform um you know i have actually done portfolio updates i use them myself but ones to be aware of 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 rather 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 accidentally open a cfd which is truly good and that’s practically among the main factors that i do utilize them so it’s not actually something to stress over mistakenly doing however i normally believe that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know several individuals who’ve lost quite a lot of money um not on in fact but still trading cfds so i believe normally there ought to most likely be a bit more it’s going to say policy but just typically a 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 complaining about the charges now yes whilst you may compare to particular platforms that have lower fees there are also loads of platforms that have much higher costs so swings and roundabouts really all of it depends on the big picture um they have a five dollar withdrawal fee is that truly that much perhaps if you’re continuously withdrawing l.
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ike 20 50 100 pounds yes perhaps that’s a lot however if you’re investing long term and you’re only going to be securing like a thousand pounds at a time then does it really 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 charge page however normally the real investing into stocks is commission free so once you have actually topped up you can do as numerous transactions as you desire in regards to buying underlying properties without paying additional charges and finally the last con from me is the portfolio history so i discover it a bit hard to figure out sort of what i’ve invested where i have to go into each specific 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 actually like to see all of the investments if possible and also i’ve still not truly determined the dividends and how that appears so that potentially resembles a bit of a 50 50 for me not quite sure yet to see this space that’s practically it if you have an interest in providing a go i do have a recommendation link down below that you can use and you don’t even have to top up you can just utilize the virtual portfolio initially simply to see what you think discover the platform and after that decide on whether you wish to utilize it or not so i ‘d love to know your thoughts if you do try it out what you think of it and yeah that’s pretty much it for th.