All people who want to have access to the stock markets invest in companies, funds available on the stock exchange need to sign a brokerage service agreement. In this article, we will consider top-5 world brokers to assist you in this difficult choice.
1) Olymp Trade
This is an international platform for online trading, which operates since 2014. A low entry threshold makes trading options available to clients of any income. A broker pays much attention to educating novice traders. You can choose webinars, courses, a selection of materials, as well as trading strategies for free just on the website.
2) Fidelity Investments
The Fidelity broker is among the top companies, taking into account the functionality that it offers. The way the broker performs orders directly affects the trader getting the best possible prices at the time the order is placed. So, the investor can get the opportunity to sell at a price higher than bid and buy at a price below ask. In addition, Fidelity has the following advantages:
- Excellent execution of orders;
- Detailed ETF analytics;
- Ability to access the Active Trader Pro platform for all customers;
- Fairly low commissions and tariffs with transparent conditions.
3) TD Ameritrade
The brokerage company TD Ameritrade Futures and Forex LLC, one of the few regulated brokers that offer retail trading in the Forex market in the United States. The company’s shares are also traded on the NASDAQ. The company manages over $1 trillion of customer assets. Brokerage services are used by more than 11.5 million customers who make more than 900,000 transactions per day.
4) Interactive Brokers
Over the past 38 years, the company has been continuously developing and has become one of the leading companies working with securities. Its capital exceeds $5 billion. It is engaged in brokerage/dealer and proprietary trading activities in more than 100 markets around the world. IB provides institutional and professional traders with direct access to clearing and execution services for a wide range of instruments (including stocks, options, futures, Forex around the world). The Group and its subsidiaries carry out almost 1 million transactions per day.
E-Trade is a safe company, which has extensive experience and is regulated by the US authorities. It is recommended for investors looking for reliable analytics and a great mobile trading platform. Each user gets access to powerful but easy-to-use tools for researching ideas and strategies. E-Trade has three trading platforms: E-trade Web, Optionshouse, and ETrade Pro, as well as two mobile applications.
Choosing a broker is a very important step for a person who has chosen the path of investing. Approach your choice wisely and enjoy the results of fruitful cooperation.