How to Choose Best Trading Platforms

Boker Min Deposit Features    
100 €
– Industry standard trading platforms, including MetaTrader 4 (MT4).
– Wide selection of markets including crypto, stocks, ETF’s, and Forex.
– 24/7 phone support was readily available and very helpful.
 
100 € – Long-standing history as a forex broker
– Regulated in several jurisdictions
– Smooth UI design on proprietary Libertex platform
– Expanded range of CFDs on cryptocurrencies to nine pairs
 
100 € – Trustworthy broker (We scored Plus500 90/100 in our broker trust rating)
– Genuinely easy to use (mobile-friendly) trading platform
– Free demo account (which you can keep for life)
– 24/7 email and live chat support in 15 languages
– CFDs are the only products that Plus500 offers
 
100 € – More than 250 instruments to trade
– 24/5 Dedicated Account Managers
– Options for Beginners
 
100 € – No Fees or Commissions
– Owned by a FTSE250 Traded Company
– Weekend Crypto Currency Trading
 

When looking for the best trading platforms out there, we suggest to take into account the following:

The Trading Platform

The product offered by the broker is a crucial aspect. A more easy to use, quick to understand and intuitive trading platform will make your life easier and will increase the chances of generating a profit.

Customer Service

Financial markets are highly unexpected, when you come to a decision you want to act fast upon it. The availability of a customer service in real time is quite important to the trading platform you choose. We suggest looking at the communication channels that are offered (Email, Phone, Skype or others) and choosing the best trading platform for you. When ranking the best trading platforms this is something we take into account.

Assets

Once you decide on a trading platform, it’s time to review the tradeable assets the different trading platforms offer. From commodities to CFD’s and Forex. You should choose the trading platform that offers to trade with the assets of your preference.

Regulation

Regulators act in many ways in order to assure the stability of the trading platforms and online brokers, the fairness of their product and other aspects of their business. In terms of user experience, regulation asks brokers to validate the sources of the funds of users for example. This might slow down your way to a trade. Still, we recommend always reviewing the different regulations and going for the more regulated brokers like the ones we specify in our rankings. This is an important factor in choosing the best trading platforms for you.

All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice

RISK Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73% to 78.47% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.