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Share ArticleTop 8 trading platforms for beginners in 2024
In the financial industry, a trading platform is a computer system used to place orders in the markets for financial products through a network and financial intermediary. These platforms are accessible from anywhere in the world, which has made the trading process accessible to everyone as users can instantly track market price changes and make a purchase in a few clicks.
To save you time and help beginner traders, we have identified a few key elements that every trader should evaluate when choosing an online broker. We have compiled a list of the best forex brokers in 2024.
eToro
For over a decade now, eToro has been leading the global fintech revolution. In 2021, the site had over 20 million users from 140 countries. eToro constantly strives to make its platform accessible to all and offers a range of innovative tools for trading and investing. The balance between simplification for beginners and a wide range of advanced features for more experienced traders has allowed eToro to become the leading trading platform in the world.
eToro offers short-term options for day traders and long-term options for investors. The tools are easy to use and provide access to all the information on the platform, both on the website and in the convenient mobile app. It is no wonder that more than 10 million people around the world choose eToro as their trading platform. eToro is available in many countries including France, Switzerland, Luxembourg, Spain, UK, Germany and many more. With its many benefits, eToro is definitely one of the best brokers for beginner traders in 2024.
XTB
XTB was founded in 2002 and today it is one of the leading trading platforms in the world. It is currently one of the most reputable online trading sites. The XTB trading platform is available in a large number of countries including France, Belgium, Canada, Switzerland, Italy, Luxembourg and many more. With its high-performance and easy-to-use trading platform, XTB makes trading and investing in the stock market accessible to the maximum number of people. With XTB you can trade forex, indices, commodities, stocks and ETFs, as well as CFDs on bitcoin and other cryptocurrencies.
Speaking of stocks, XTB offers a huge selection of the most popular stocks including Tesla, Netflix, Amazon, Apple, Google and many others. In addition to the large selection, this platform is one of the only ones offering you a 0% commission on stock purchases.
AvaTrade
Founded in 2006, AvaTrade is now one of the best brokers for beginners. This broker offers a selection of trading platforms for both automated and manual trading, with unique features and tools. It offers a wide range of trading tools including forex, stocks, ETFs, commodity trading and CFDs on stock indices. Whether you want to trade on your own or copy other people's trades, Avatrade is designed for all traders. You're sure to find a solution that suits your needs.
You can also open a demo account on the platform, where you can practice trading. This will allow you to hone your skills before you start trading on the real market.
BDSwiss
BDSwiss is one of the leading financial companies in Europe, specializing in forex and CFD trading. The company was founded in 2012 and has provided its services to more than a million people since then. BDSwiss is an ideal tool for both beginners and experienced traders.
The platform offers a large selection of educational materials, analytical data and a detailed FAQ that will allow you to start trading from scratch. And round-the-clock customer support will help to solve questions related to account management and interface.
The company is regulated by a number of authorities and commissions, including the Cyprus Securities and Exchange Commission, so your investments will always be safe.
Skilling
Skilling is a young online trading platform established in 2016. It offers beginner traders exclusive features that will help them maximize their profits and improve their trading skills. In addition to strict regulation and security, Skilling offers a personalized trading experience for every aspiring trader.
One of the most distinctive features of Skilling is the social integration feature. This feature allows novice traders to connect with other traders and share their trading strategies, ideas and analysis and copy their trades in real time.
Skilling also offers advanced trading tools for novice traders, such as stop loss and take profit orders, which allow traders to effectively manage their risk and profit potential. In addition, Skilling offers a comprehensive training program for beginning traders that includes live webinars, video tutorials, and detailed trading guides.
Trade.com
At Trade.com, you'll find state-of-the-art trading platforms that meet all requirements. They are available to everyone by downloading the software from the internet to your tablet or cell phone. The innovative and user-friendly WebTrader platform is only available to Trade.com customers.
The platform has an intuitive interface that has been appreciated by many traders. More than 2,000 instruments are available in WebTrader with fast execution of all orders. With Trade.com you can trade forex and speculate in the foreign exchange market even with little experience.
Trade.com is regulated by the largest commissions in Europe and America: CySEC, UK FCA, Spain CNMV, Italy Consob and FINRA. Also the advantage of the platform is that the service is available in a large number of countries.
FBS
FBS offers trading services for beginners and experienced traders. The platform is authorized and regulated by the International Financial Services Commission and CySEC. FBS offers a wide range of financial instruments such as Forex currency pairs, indices, commodities, stocks and even precious metals.
For beginner traders, FBS offers several key benefits. First, the platform offers free demo accounts, allowing traders to practice their trading skills before risking real money. In addition, the platform offers a variety of educational materials such as videos, webinars, trading courses and market news. This helps novice traders gain a comprehensive understanding of financial markets and trading strategies. FBS also offers Micro and Cent trading accounts with a minimum deposit of just $1, which allows novice traders to start trading with small amounts.
FBS provides services for investors residing in EEA countries. You can also register an account on the company's international service fbs.com.
FxPro
FxPro is an online trading platform founded in 2006. It offers a wide range of products and services for both beginners and experienced traders. The platform is regulated by several well-known financial commissions and guarantees a high level of security for traders. FxPro is very popular among beginner traders. Moreover, the platform allows traders to use a demo account for practicing.
FxPro also offers low-cost trading accounts with low spreads and leverage up to 1:500, which allows novice traders to trade with small amounts of money while having sufficient access to the markets. Finally, the platform is available on a variety of devices including computers, tablets and smartphones.
With these platforms, your journey into the world of trading will be easy and safe. The wide range of tools, tutorials, and low entry threshold will allow you to start trading even with small capitals. Start your Forex exploration with reliable brokers!
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