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I believe 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 think are excellent 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 want to provide it a go let’s jump directly in so the very first big pro for me is the fact that they have expert rankings and research i definitely enjoy this it’s got an entire 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 provides 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 selling or purchasing and the insider deals also so it just shows you whether insiders have actually bought the shares um over the last couple of months or not i think this is definitely 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 truth that your currency is held in u.s dollars so i guess this is subjective but i believe this minimizes your forex danger so in theory you could simply top up a bigger quantity when the currency is in your favor and simply hold the cash waiting to invest it for a great deal of the platforms you need to pay the fx fees each time that you make a transaction whereas here that does not happen you simply pay the fx cost

What is social trading?

when you top up and when you withdraw and transform back to your own currency this undoubtedly works finest if you invest a lot into u.s stocks the third huge pro of the platform in my opinion is that it provides you access not just to stocks however likewise to commodities and cryptocurrency certainly this isn’t really something that novices ought to meddle however it does have that option for those of you who have an interest in commodities and cryptocurrency the next pro in my viewpoint is the social aspect of the platform so you can literally go in and talk to individuals discuss post see what individuals are publishing about each individual stock almost have like conversations about it and you can really take a look at people’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’ve made and whatever it is really transparent and i believe it’s actually excellent since you typically get like alerts stating thus many individuals are speaking about tesla today like see all the posts

here and it’s truly cool just to see what people are thinking the next pro of the platform remains in my opinion the copy portfolios so they have 2 alternatives i believe i’ve discussed before you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i have actually spoken about this before but they have a renewable resource portfolio which simply holds loads of renewable energy stocks it’s type of like an etf in my viewpoint um it’s really cool and i believe it’s a big plus of the platform since they’ve got loads of different 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 an actually great design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly actually nice 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 on the news and it will just tell you all the news about that specific stock it’s really cool and likewise your portfolio simply looks tidy and really great and really has a lot of information on the primary portfolio page which i actually like now for the cons i think there are 3 main cons in terms of in my opinion clearly they’re not ones that have put me off utilizing the platform um you understand i have actually done portfolio updates i utilize them myself but ones to be familiar with the first one i believe it is a bit too simple to trade cfds so due to the fact that the cfd platform and the normal 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 just click a button and accidentally open a cfd which is actually good which’s practically among the primary reasons that i do use them so it’s not actually something to worry about accidentally doing however i usually believe that a great deal of the platforms that use cfds must make it even harder to open cfds for retail investors i know many people who’ve lost quite a great deal of money um not on really however still trading cfds so i think typically there ought to most likely be a bit more it’s going to state policy however simply generally a bit more like a few 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 speak about is individuals complaining about the fees now yes whilst you may compare to particular platforms that have lower costs there are also loads of platforms that have much higher fees so roundabouts and swings really all of it depends upon the big picture um they have a five dollar withdrawal cost is that actually that much maybe 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 just going to be securing like a thousand pounds at a time then does it actually matter probably not so simply weigh that up um when you when you look at it there’s a few other costs on their cost page but usually 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 buying underlying properties without paying extra 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 have actually invested where i need to go into each individual stock just 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 truly like to see all of the financial investments if possible and also i have actually still not truly figured out the dividends and how that shows up so that potentially resembles a little a 50 50 for me not quite sure yet to see this space that’s pretty much it if you are interested in providing a go i do have a referral link down below that you can use and you don’t even have to top up you can simply use the virtual portfolio initially 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 consider it and yeah that’s basically it for th.