The Best Trading Platforms for Beginners and Professionals
Published April 23, 2021.
The increasing popularity of online trading means that there is a huge amount of trading platforms available for beginners and professionals alike. So in this article, we are going to outline some of the best platforms currently available.
eToro has become hugely successful, and notably sponsoring the Atletico Madrid football team. Today, it is considered the biggest and best social trading platform, offering trading across a wide variety of categories.
Pepperstone is considered an ideal platform for those interested in foreign exchange and CFD, as the site completely concentrates on these markets. Pepperstone offers no minimum deposit and low trading fees compare to many competitors.
Robinhood has made a lot of headlines in recent months and has achieved particular popularity among younger investors. It is possible to trade on Robinhood with very low budgets, and the site charges no commission fees. The platform has also been praised for the quality of its real-time market data.
Another big name, Plus500 is a user-friendly platform that particularly specializes in CFD trading. Plus500 is regulated by the FCA and is particularly slick when it comes to using mobile platforms.
FXCM is an exciting entrant to the market, as it specializes in cryptocurrency. This is a volatile market, but it has nonetheless resulted in massive gains for a wide variety of traders. FXCM is simple to use, and ideal for those looking to enter cryptocurrency for the first time.
CMC Markets offers both desktop and mobile versions, with no minimum deposit required to open an account on the platform. The site also features detailed interactive charts, with a wide variety of data available for most markets.
Finally, IG offers brokers in both stocks and cryptocurrencies, although its trading fees are considered relatively high for equities. Nonetheless, IG is listed on the stock market and is considered a credible platform.