With so many different types of online stockbrokers available to invest in, it can be difficult to choose the one that works best for you. That’s why we put these global brokers through a comprehensive review process that includes hands-on research to find the best in the industry.
Every stock trading platform is different. And now – with all brokers offering $0 shares and ETF trades – deciding which one to use comes down to the difference in general trading information. Investment options, trading tools, market research, beginner education, customer service, and ease of use are all factors that investors should consider when choosing a broker.
It’s hard to say which is the best online trading platform, worldwide. But when choosing you should consider things like sharing options, make-up and additional features.
The best stock trading app should offer a variety of stocks to trade. If you have limited stock options, and the stocks you want to buy are not in the app, do not miss out on the important opportunities to make money.
What is online stock trading?
Online stock trading is the process of buying and selling corporate shares online. It is sometimes called collaboration and sharing. ‘Share’ is a unit of ownership in a particular company. Sharing allows you to buy shares in companies such as Apple, Facebook or Google.
How do you start trading stocks?
If you are interested in online trading, you will need to open a stock exchange or share an online account. After that, you can add money to it and start buying shares online and sell them as a way to make money.
You do this through the stock trading platform. The trading platform is software that you use for your trading. This includes the opening, closing, and managing market positions through a financial consultant such as an online retailer.
Now we understand the basic ins and outs of stock trading, let’s take a look at the best trading platforms around the world.
EToro: Excellent for non-commissioned shares with ETFs, crypto, and social trading. EToro sports zero-commission stock and ETF trading for EU and UK investors, while traders gain access to 100 pairs of cryptocurrency-fiat, unique social trading knowledge, and the ability to deplete up to 2,000 financial instruments.
USA & Canada
Robinhood: Excellent in marketing, availability, and trust. With 40+ years of history, Interactive Brokers stand out as one of the leading brokers for experienced investors and brokers, offering the largest weapon of products and markets, low rock prices, and sophisticated trading tools.
CMC Markets: The leading trading day platform and trader for CFD in Australia. Round supply with a wide selection of instruments, strong spreads, competitive prices, and CFDs in over 1,700 shares, 110 ETFs, 48 forex brokers, 21 stocks and 42 indicators.
Firstrade: Excellent for European options. Firstrade impresses with stock trading and trading options for overseas accounts, accurate mobile app, and more than 35 years in business.
DEGIRO: Our top trading platform for discount stocks and ETFs in Europe. DEGIRO recognizes a single monthly trade of € 0 ETF, low stock trading, no adjustment costs, and access to trade in more than 30 countries. It is a strong decision for investors who enter the entry-level and know the price.
Deciding on a trading platform to use is a very big decision and one that should be made with a good amount of research under your belt. Whatever country you live in, we have done the research and listed 5 of the best online trading platforms for whatever type of online trading you want to do. Before you start putting real money on the line make sure to do some more research so as to not lose your hard-earned money.