Home

The Best Online Brokers Operating in the Market in 2020

Online stock trading certainly has lots of merits, but you need to do some research before you trust your funds with any broker. The visual concept of their ads and pricing rates are not enough for relying on this or that broker. Ideally, you need to think of the sort of investor you are and what you really expect from a brokerage. If you're a newcomer to the world of trading, you may need to focus on the basic buy-and-hold approach. If you are an experienced investor, you may consider relying on a wider range of trading options. You may have particular characteristics as an investor who needs customized services and guidelines.

Trading options

Before taking the final decision, there are some questions to be answered. What is your level of activity? Do you position yourself as a long-term investor or a high-volume trader? Do you focus on stocks, bonds, or mutual funds? After all, different brokerages offer different levels of service for every customer.

You surely want to have a better understanding of how a reliable online broker looks. In this post, you will find a short description of some online brokers with a good reputation among traders and investors.

Avatrade

Avatrade

AvaTrade is a brokerage company that delivers individual trading solutions regardless of the already available customer skills. Thanks to AvaTrader and MetaTrader 4 terminals for trading, AvaTrade offers one real type of account with the option to pick up a trading platform from existing ones on the website. At https://forex-up.com/broker-reviews/avatrade-review/, the trader can find the most convenient conditions according to the trading strategy and needs:

  • The minimum despot of $100 needs to be placed in any terminal.
  • Leverage on MT4 is up to 1:400, on Ava Trade is up to 1: 200.
  • The minimum transaction of 0.01 lot can be made on MetaTrader.
  • Order execution mode depends on market execution.

The major advantages of trading on MT4 are microlots from 0.01, mechanic trading, total compatibility with EA, and maintenance for MQL5, trading through mobile applications for digital devices with iOS/Android operation systems. The Ava Trader platform is the broker's exclusive trading mechanism that has the following characteristics:

  • Stock trading can be processed with shares, indexes, commodities, and ETFs;
  • There are several ways to trade from the chart, from the dealer window and from the toolbar;
  • The average margin is set on 50%.

AvaTrade also gives the opportunity to trade with binary options on the AvaOptions platform, where various currency options and spot transactions can be mixed. Ava Trader feedback demonstrates that the company provides traders with the highest standards with regard to security of funds. Thus, separate accounts in the largest international banks and the application of the McAfee Secure make it possible to prevent the data leakage.

Pepperstone

Pepperstone

Pepperstone is an international online ECN broker that is equipped with innovative technologies for the internet-trading. A high Pepperstone rate is caused by the company’s cooperation with private investors. It allows them to reach their invest-goals, provide them with the best trading conditions, and engage them into professional trading platforms like MetaTrader 4 and cTrader.

The market rating of Pepperstone mainly depends on the regulatory authorities which this company is monitored by. These days, the broker is licensed by Australian Financial Licensing Service and Australian Securities and Investments Commission. At https://forex-up.com/broker-reviews/pepperstone-review/, you can find out that their customers’ money really matters for this broker. This becomes the reason why all funds are collected in such highly-rated banks like HSBC and Central Bank of Australia. The following accounts are provided to the customers to proceed with trading activities:

  • EDGE Norms;
  • Razor;
  • Islamic Account.

According to the multiple reviews left by the customers of Pepperstone, this online broker offers good quality for provided services. Thus, there is a great opportunity to earn money without going through immense losses or wasting plenty of time. If you want to make a deposit or apply for your money payout, you should check all the available options and pick up the one that suits you best. Ideally, you should choose the option that has already got many positive reviews from different customers. These include:

  • Wire transactions;
  • Bank cards payments;
  • Broker to Broker, POLi, and BPAY payment methods.

Closing Note

By following the examples offered on this post, you can join one of the reliable brokers here and now. But before you start playing big, don’t forget to explore the website and learn your rights.