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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 fast video simply taking you through the pros and cons the things that i think are good 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 give it a go let’s jump straight in so the very first big pro for me is the reality that they have expert ratings and research i definitely enjoy this it’s got a whole page for each of the stocks simply telling 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 provides you the rate 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 purchasing and the expert deals as well so it just reveals you whether insiders have bought the shares um over the last few months or not i believe this is definitely terrific and displayed in a truly easy format so for me this is a huge plus for the platform a 2nd big plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective but i believe this lessens your foreign exchange danger so in theory you could simply top up a larger amount when the currency remains in your favor and simply hold the cash 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 does not occur you simply pay the fx charge

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when you top up and when you withdraw and convert back to your own currency this undoubtedly works best 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 also to commodities and cryptocurrency certainly this isn’t truly something that beginners need to dabble in 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 enter and talk with people discuss post see what people are posting about each private stock nearly have like conversations about it and you can actually take a look at individuals’s portfolios so you can enter into anybody’s profile click their portfolio and see what they are buying consisting of the popular traders you can see the profits they have actually made and everything it is really transparent and i believe it’s actually excellent since you often get like alerts stating like so many people are speaking about tesla today like see all the posts

here and it’s actually cool just to see what individuals are believing the next pro of the platform is in my opinion the copy portfolios so they have two alternatives i think i’ve discussed prior to you can either copy individual 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 resource stocks it’s sort of like an etf in my opinion um it’s really cool and i think it’s a big plus of the platform because they have actually got loads of various themes of these portfolios um that you can pick from so that’s a substantial plus for me the last pro from my perspective is it’s just got a really good layout control panel and the way it’s established so unlike the other platforms that i usage at the moment they have a truly truly good desktop variation it looks truly tidy easy to use i didn’t really have any issues with determining what to do i like that for each stock you can go in and see whatever in one place 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 truly cool and also your portfolio just looks tidy and actually great and actually has a great deal of information on the main portfolio page which i really like now for the cons i think there are 3 main cons in regards to in my viewpoint clearly they’re not ones that have actually put me off using the platform um you understand i’ve done portfolio updates i use them myself but ones to be familiar with the first one i believe it is a little bit too simple to trade cfds so since the cfd platform and the typical trading platform are incorporated into one it makes it rather simple for individuals to trade cfds now they do put

warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is truly excellent and that’s practically one of the main reasons that i do use them so it’s not truly something to worry about accidentally doing however i generally think that a great deal of the platforms that provide cfds must make it even harder to open cfds for retail financiers i know many people who’ve lost rather a great deal of cash um not on actually however still trading cfds so i believe generally there ought to probably be a bit more it’s going to say guideline however simply normally a bit more like a few more

hoops to jump through if you will um to open a cfd trade secondly the fees so this is something that shows up a lot when i speak about is people complaining about the charges now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much higher charges so swings and roundabouts really all of it depends upon the big picture um they have a 5 dollar withdrawal cost is that truly that much maybe if you’re continuously withdrawing l.

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ike 20 50 100 pounds yes possibly 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 truly matter most likely not so just weigh that up um when you when you look at it there’s a couple of other costs on their fee page however usually the actual investing into stocks is commission totally free so as soon as you have actually topped up you can do as many transactions as you want in terms of buying underlying properties without paying extra charges and lastly the last con from me is the portfolio history so i discover it a little bit hard to determine 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 actually like to see all of the financial investments if possible and likewise i have actually still not really determined the dividends and how that appears so that possibly resembles a bit of a 50 50 for me not quite sure yet to see this area that’s practically it if you have an interest in providing a go i do have a recommendation link down listed below that you can use and you don’t even have to top up you can simply use the virtual portfolio initially just to see what you believe discover the platform and then decide on whether you want to utilize it or not so i ‘d like to understand your ideas if you do try it out what you consider it and yeah that’s basically it for th.