As trading is a high-risk activity, you should find trading platforms that have a good reputation and are reliable for you. Choosing a broker isn’t a piece of cake because there are a lot of trading platforms, and you should analyze them, read about them, and try every one.
To avoid scammers and trade successfully, you can read tops as our article is.
Best Trading Platforms of 2021
Here are some of the best trading platforms you can use in 2021. We’ll list you three of the best trading platforms-#1 eToro
The top of our list is taken by eToro.The Best Bet for Newcomers
This platform is the best bet for you if you're a rookie and just came in a trading game as eToro is a relatively simple-to-use interface and accepts small stakes. Supporting small stakes is good for newcomers because they can try themselves in a trading career and decide whether it’s worth it or not. If a rookie signs up to a platform that requires big stakes and loses them, he can disappoint in this career.For instance, the minimum sum you should put is $200. The minimum sum you can spend on trades is lower — only from $25.
If you're an advanced trader, you should search for other trader platforms because eToro doesn’t provide you the possibility to perform technical analysis.
Multiple Asset Classes
eToro supports multiple asset classes. It means that you can buy assets based on 17 different markets, e. g. UK, Canada, Hong Kong, USA, the list goes on.Commission-free platform
This trading platform has no commissions. Therefore, eToro is an ideal option for people looking for a low-cost broker. Also, you don’t need to pay any ongoing fees; thanks to that, you can immerse yourself in trading fully and can’t be distracted by payment questions.Support Cryptocurrency Trading
If you want to act as a long-term cryptocurrency investor you can consider eToro as a platform where you can buy and own 19 cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dogecoin.Interactive Brokers
This trading platform can be liked by both newcomers and professional traders.Both for Rookies and Pro
If you’re a cub in trading, you’ll have a $0 commission fee. If you’re well-versed in trading, you’ll have commission. But in comparison with Interactive Brokers’ competitors, this platform charges lower fees than other ones. Also, Interactive Brokers have the lowest margin rates.But tiering pricing plans can be too complex especially if you’re a rookie. Hence, be ready to spend your time understanding what happens on this platform.
A lot of Additional Features
Trader WorkStation provides alerts you can mute and unmute, watchlists, and charts you can monitor. Likewise, you can be aware of the latest news in the trading world by receiving reports from this platform.The Single Platform for Trading All Things
33 countries are available. This platform provides you the possibility to trade stocks, options, cryptocurrencies, bonds, and funds. It’s very convenient because you shouldn’t find an alternative platform to trade.Smart Routing for Helping You
Interactive Brokers team created Smart Routing, a software that scans competing markets and routes you to the best ECN or market center. Therefore, you get rid of analyzing; the software does all for you.Robinhood
On this platform, you can trade stocks, options, and funds.No Account Minimum
This trading platform has no account minimum; therefore, Robinhood is the best bet for you if you want to try yourself in a trading game. Maybe such a place is better than eToro, but keep in mind that small sums won’t help you to achieve success in trading. Using small amounts, $10, for example, it’s more likely that you will be disappointed in your trading career than earn big money.To open a margin account, you should have a $2000 minimum portfolio balance.
Robinhood Currency
Creators made Robinhood Currency — a place where you can trade cryptocurrencies. Robinhood Currency is one of the first places where you can work with crypto.Easy-to-use Platform
Robinhood is an easy-to-use trading platform without any distracting details. You can’t see all the bells and whistles of a modern online broker on Robinhood. But you don't need them if you know what you want on this platform.Likewise, it has an easy sign-up system; and hence, some traders complain that there may be risks in working with Robinhood.
Robinhood provides web- and mobile trading. Hence, if you’re a mobile user and don’t prefer PC, you should consider Robinhood.
The Bottom Line
You can write about a platform you’ve chosen in your blog to share useful material with your like-minded followers. If you’re a young broker that studies at university, you can delegate some assignments, for example, paper ones, to spend your time on trading. You can order an essay or write by yourself but with the help of essay samples.For instance, you can read financial essay examples and try to write a paper on your own.
Ashutosh Jha
Ashutosh Jha is a professional blogger, Blog and IT Consultant. He writes about Blogging, SEO, Making Money, Internet Marketing and Web Design.
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