As different kinds of online trading platforms available in the market. It becomes difficult to choose the one that suits you best, as an investor when we are facing this global pandemic. At the same time, financial markets have been also experiencing unusual changes that one has never imagined before. Hence, it is more necessary today to know about the top 5 trading platforms that stand as the best in the current year. Let’s begin.
Are you a beginner looking for online trading platforms for investment?
Top educational resources, clear commission, and pricing structures. Further, easy navigation and many more other high quality feature all turn this trading platform as the best suit for beginners. Low minimum account balances are here to remove the main barrier for new investors. Then, the bonus here is the availability of the demo accounts. Therefore, beginners can actually practice placing trades using this online platform.
Fidelity Investments is the best of the best online trading platforms. Because it offers a well-rounded package of investing tools along with order executions. This online platform also allows investors to sweep uninvested cash into money market funds. Hence, they can easily earn interest by using it.
The best online trading platform for Advanced Investors.
Providing high-quality executions, reliable data, order types, all-in-all Interactive Brokers is a perfect trading platform. Especially for advanced investors. Further, it gives access to the assets classes that investors want to trade. Interactive Brokers can connect as many electronic exchanges as possible. It connects investors to 135 markets across 33 countries. It also enables them to trade stocks, options, futures, forex, bonds, and funds from a single integrated account.
Browsing for a low-cost online trading platform? What about this one.
Tasty work is a customizable online trading platform with streaming real-time quotes. It charges zero commission to trade online. Further, no per-leg fee for options trades. So, it’s the best trading platform for low costs and options trading.
Are you an ETF Investor? What about going with this one.
A trading platform that gives you free access to news feeds from MarketEdge, Credit Suisse, Schwab Investing Insights Brief, BondSource, and so on. Further, Charles Schwab offers Premium 3rd party research at a discounted price.
After reviewing the top 5 Online trading platforms. Now, we can conclude it. You should think about your immediate needs and goals as an investor before choosing any online trading platform.
Thanks for reading.