What Is the Best and Easiest Platform With the Cheapest Fees for Beginners to Start Trading Stocks On?
Find out what the best, most cost effective, and safest platforms are for beginners who are looking to start investing and trading on the online stock market.
Published May 12, 2021.
If you're new to investing and not sure where to begin, I've got you covered. The best online stock brokers for beginners can be different depending on your personal needs and preferences. To help point you in the right direction, below I will present you a few of the very best trading platforms of 2021.
My first recommendation is TD Ameritrade, as both new and experienced investors can get the most out of it. There are no fees or account minimums, yet you have many investment options such as stocks, bonds, options, margins, and more. TD Ameritrade offers not only extensive research analytical tools but also has an entire education platform for investing newbies, helping you achieve your dreams.
My other choice is Fidelity. It provides commission-free US stocks and ETFs. In addition, it offers plenty of high-quality research tools, including trading ideas, detailed fundamental data, and charting. The web trading platform is easy to use and offers advanced order types. You can also trade with international, not just US stocks. It is excellent for both active traders and beginner investors.
Another benefit for beginners is that it offers fractional share investing with more than 7,000 US stocks and ETFs. This allows you to purchase smaller portions of investments at lower costs.
I highly recommend using either of them and I can assure you that they are both top-tier online brokerages.