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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 great about the platform and the things i believe are bad about the platform and then you can make a choice on whether or not you want to offer it a go let’s jump directly in so the very first big pro for me is the fact that they have analyst rankings and research study i absolutely enjoy this it’s got an entire page for each of the stocks just telling you what experts are stating and doing 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 offering or purchasing and the insider deals too so it just reveals you whether insiders have actually bought the shares um over the last few months or not i think this is absolutely great and displayed in a truly easy format so for me this is a huge plus for the platform a second big plus for me is the reality that your currency is held in u.s dollars so i guess this is subjective however i believe this decreases your forex threat so in theory you could simply top up a bigger amount 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 costs each time that you make a deal whereas here that doesn’t happen you just pay the fx cost

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when you top up and when you withdraw and transform back to your own currency this certainly 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 gain access to not simply to stocks however also to commodities and cryptocurrency undoubtedly this isn’t really something that beginners ought to dabble in but it does have that alternative 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 literally go in and talk to people comment on post see what people are posting about each individual stock practically have like discussions about it and you can actually take a 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 profits they have actually made and whatever it is really transparent and i believe it’s actually great since you often get like notifications saying thus many individuals are speaking about tesla right now like see all the posts

here and it’s really cool simply to see what individuals are believing the next pro of the platform remains in my opinion the copy portfolios so they have two alternatives i believe i have actually pointed out 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 have actually spoken about this prior to but they have a renewable resource portfolio which simply holds loads of renewable resource stocks it’s sort of like an etf in my viewpoint um it’s truly cool and i think it’s a big plus of the platform due to the fact that they have actually got loads of different styles of these portfolios um that you can select from so that’s a big plus for me the final pro from my viewpoint is it’s simply got an actually nice layout dashboard and the way it’s established so unlike the other platforms that i usage at the moment they have a really really nice desktop version it looks truly clean easy to use i didn’t actually have any issues with determining what to do i like that for each stock you can go in and see whatever in one location you know 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 really cool and also your portfolio simply looks truly nice and clean and really has a lot of information on the main portfolio page which i actually like now for the cons i believe there are 3 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 utilize them myself but ones to be aware of the very 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 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 inadvertently open a cfd which is truly excellent which’s pretty much one of the main factors that i do utilize them so it’s not really something to fret about unintentionally doing however i typically believe that a lot of the platforms that offer cfds should make it even harder to open cfds for retail financiers i understand many individuals who’ve lost quite a great deal of cash um not on in fact but still trading cfds so i believe typically there must probably be a little bit more it’s going to say regulation but just usually a little bit more like a couple of more

hoops to leap through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i talk about is individuals complaining about the costs now yes whilst you might compare to specific platforms that have lower fees there are also loads of platforms that have much greater costs so roundabouts and swings really it all depends on the big picture um they have a 5 dollar withdrawal cost is that actually that much maybe if you’re constantly withdrawing l.

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ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it truly matter probably not so just 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 as soon as you have actually topped up you can do as numerous transactions as you want in regards to buying underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i discover it a bit hard to figure out sort of what i have actually invested where i have to go into each private stock simply to see when i’ve invested into it and just 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 financial investments if possible and also i’ve still not actually figured out the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to enjoy this space that’s practically it if you are interested in giving them a go i do have a recommendation link down below that you can utilize and you don’t even have to top up you can simply utilize the virtual portfolio at first just to see what you believe find out the platform and then decide on whether you want to use 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 practically it for th.