the agreement is in terms of our experts stating to purchase to hold to sell the stock all the ratings where it’s come from Etoro Vs Naga Trader…
I think there’s a lot of interest about i do get a lot of concerns asking me about the platform so i believed i would do a quick video just taking you through the pros and cons the things that i believe 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 dive straight in so the very first big pro for me is the reality that they have analyst rankings and research i absolutely 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 gives you the cost 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 buying and the insider deals too so it simply shows you whether experts have actually purchased the shares um over the last couple of months or not i believe this is definitely excellent and displayed in a really simple format so for me this is a huge plus for the platform a second huge plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i think this lessens your foreign exchange risk so in theory you might just top up a bigger amount when the currency remains in your favor and just hold the cash waiting to invest it for a great deal of the platforms you have to pay the fx costs every time that you make a transaction whereas here that doesn’t occur you simply pay the fx charge
What is social trading?
when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the third big pro of the platform in my viewpoint is that it offers you gain access to not just to stocks however likewise to products and cryptocurrency obviously this isn’t actually something that beginners ought to dabble in however it does have that choice for those of you who are interested in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can actually enter and speak with people discuss post see what individuals are posting about each specific stock nearly have like conversations about it and you can in fact look at people’s portfolios so you can go into anyone’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the revenues they’ve made and everything it is very transparent and i think it’s actually great since you frequently get like alerts stating like so lots of people are talking about 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 is in my opinion the copy portfolios so they have 2 choices i think i’ve discussed 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 have actually discussed this before but they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my viewpoint um it’s actually cool and i think it’s a big 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 substantial plus for me the final pro from my viewpoint is it’s simply got a truly nice design dashboard and the way it’s set up so unlike the other platforms that i use at the moment they have an actually truly good desktop version it looks actually 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 everything in one place you understand you can click
on the chart you can click on the research you can click the news and it will simply tell you all the news about that specific stock it’s actually cool and also your portfolio just looks tidy and actually nice and really has a lot of information on the main portfolio page which i really like now for the cons i think there are three main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off using the platform um you know i’ve done portfolio updates i utilize them myself however ones to be aware of the first one i believe it is a little bit too easy to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it rather simple for people 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 really good and that’s basically one of the main factors that i do use them so it’s not truly something to worry about unintentionally doing however i typically believe that a lot of the platforms that use cfds must make it even harder to open cfds for retail financiers i understand many people who’ve lost quite a great deal of cash um not on in fact but still trading cfds so i believe typically there must most likely be a bit more it’s going to state regulation however just generally a little bit more like a few more
hoops to jump through if you will um to open a cfd trade second of all the costs so this is something that comes up a lot when i talk about is individuals complaining about the costs now yes whilst you may compare to specific platforms that have lower fees there are likewise loads of platforms that have much higher charges so roundabouts and swings truly all of it depends upon the big picture um they have a five dollar withdrawal charge is that truly that much possibly if you’re continuously 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 just going to be getting like a thousand pounds at a time then does it actually matter probably not so just weigh that up um when you when you look at it there’s a few other fees on their cost page but typically the actual investing into stocks is commission complimentary so when you’ve topped up you can do as many deals as you want in regards to purchasing underlying properties without paying additional fees and lastly the last con from me is the portfolio history so i find it a bit challenging to determine sort of what i’ve invested where i have to go into each individual stock simply to see when i’ve 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 likewise i’ve still not truly figured out the dividends and how that appears so that potentially resembles a little bit of a 50 50 for me not quite sure yet to watch this area that’s basically it if you are interested in giving them a go i do have a referral link down listed below that you can utilize and you do not even have to top up you can just utilize the virtual portfolio at first simply to see what you think find out the platform and after that decide on whether you wish to utilize it or not so i ‘d love to understand your thoughts if you do try it out what you consider it and yeah that’s practically it for th.