If you’re looking to trade online – choosing the right broker is crucial. There are many factors you need to consider when choosing a broker – including the likes of regulation, markets, fees, payments, and customer support.
This is why we at TradingPlatforms.com have created a database of in-depth broker reviews. In doing so, you’ll be able to choose the best broker for you and your trading goals.
In This Guide
What do we look for when compiling our comprehensive broker reviews? These are the most important factors we consider:
Every review we publish on TradingPlatforms.com is written by expert traders who have years of experience in the market. Our team knows what features are important when choosing a brokerage, and we focus on those rather than simply relying on how good a brokerage sounds.
Our reviews are honest, unbiased, and extremely detailed. We want you to have the best possible trading experience, and the best way to achieve that is by helping you find a trading platform that sets you up for success.
Below you will find a full list of brokers reviews that are currently available to read on TradingPlatforms.com.
Simply select the broker review you wish to read from the list above!
Our comprehensive broker reviews will discuss the regulatory standing of the platform. For example, we will list which financial bodies the broker is authorized and licensed by and what investor protections are in place - if any.
In order to choose the right broker for you - it's crucial to read reviews like the ones we publish on our website. The most important factors to take into account from our broker reviews include regulation, fees, markets, payment methods, customer support, and account types.
This depends on the type of broker that you are trading with. For example, market maker brokers are known to take the opposite side of your trade. This means that if you place a long position on AUD/USD, the broker will cover the trade by going short. As such, there a major conflict of interest here. Other platform types - such as ECN or STP brokers - will never trade against their own clients.
In order to buy, sell, or trade financial instruments - you need to go through a broker that is regulated to facilitate investments. Ultimately, the broker forms the crucial bridge between you and your chosen asset class.
There is no one-size-fits-all answer to this - as it depends on what you are looking for from an online broker. For example, if you're a newbie that seeks a simple and low-cost entrance to the financial markets - discount brokers eToro wins hands down. The aforementioned platform is also ideal if you want to use the Copy Trading tool. In other instances, if you're seeking high levels of leverage as a retail client - CedarFX is a good option. Or, if you're an experienced trader that wants access to advanced trading tools - you might want to consider Interactive Brokers, Fidelity, or Charles Schwab.
Kane Pepi is a British researcher and writer that specializes in finance, financial crime, and blockchain technology. Now based in Malta, Kane writes for a number of platforms in the online domain. In particular, Kane is skilled at explaining complex financial subjects in a user-friendly manner. Kane has also written for websites such as MoneyCheck, InsideBitcoins, Blockonomi, Learnbonds, Buysharesand the Malta Association of Compliance Officers.
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