Best Trading Platform [2021]

Platform: etoro
Min. Deposit: 200€
License: Cysec
  • Social Trading (Copy the best)
  • Simple and intuitive
  • ➥ Start
    1star 1star 1star 1star 1star
    Platform: xtb
    Min. Deposit: 400€
    License: Cysec
  • Free demo
  • Whatsapp Group
  • ➥ Start
    1star 1star 1star 1star 1star
    Platform: iqoption
    Min. Deposit: 10€
    License: Cysec
  • Free demo without limitations
  • Minimum deposit low
  • ➥ Start
    1star 1star 1star 1star 1star
    Platform: trade
    Min. Deposit: 100€
    License: Cysec
  • Free demo
  • Free course trading
  • ➥ Start
    1star 1star 1star 1star 1star
    Platform: forextb
    Min. Deposit: 250€
    License: Cysec
  • Free trading course
  • Free trading signals
  • ➥ Start
    1star 1star 1star 1star 1star
    Platform: avatrade
    Min. Deposit: 250€
    License: Cysec
  • Copytrading
  • Protection from risks
  • ➥ Start
    1star 1star 1star 1star 1star

    The previous table shows the list of the Best online Platform for online Trading. We selected for you only platforms that are also suitable for beginners.

    eToro

    eToro is one of the best trading platform. It is very easy and intuitive to use but, most importantly, safe and reliable (like all the other platforms that we have analyzed and included in our list).

    eToro is completely free and doesn’t charge any commission nor fees. The main advantage of eToro is the possibility of copying what other Traders do, in a completely automatic way, thanks to a patented system called “Copy-trading”.

    Many beginners prefer to start with eToro because you have the opportunity to find professional traders that earned the most during their operations. You can easily replicate all the operations of these great traders, called Popular Investor, with a simple click of your mouse.

    Thanks to this tool, beginners can start trading online positively and also learn by observing how professionals  operate.

    With eToro you have the opportunity to register a Demo account so you can try firs before investing real money.

    eToro allows you to trade with currencies, cryptocurrencies, stocks and commodities.

    Sign up for FREE on eToro here, one of the best online broker platforms!

    If you want more details about eToro you can read our full eToro review.

    Investous

    Investous is one of the best online broker platforms for beginners. It is a 100% free platform with no commission charges and with very beneficial Spreads.

    Why is Investous so loved by beginners? There are various factors that make Investous special.
    First of all, the platform is user friendly, simple and intuitive. Even those who know nothing about online Trading are able to operate without problems.

    With Investous it is not only a technological matter, it also offers an excellent phone support. Investous, in effect, puts a trading expert at your disposal, who provides you with precise indication in order to avoid mistakes.

    In addition, Investous offers to its members an e-book on trading that is really easy to study, it is practice-oriented and explains in detail how to make money with online Trading. Investous book does not waste time with theory, like other paid courses, but explains in detail how you can make money with online trading.

    You can download the ebook for free by clicking here. 

    Another fundamental advantage of Investous is the possibility to receive excellent commercial “signals”, free and without constraints.

    With Investous you have also the opportunity to register a free Demo account, that allows you to experience online trading without limits, without constraints nor any type of risk!

    You can sign up for free in Investous by clicking here. If you want, you can learn more about this online broker, by reading our full review of Investous.

    With this online broker you can buy Netflix shares.

    Iq Option

    Iq Option is a truly simple and intuitive online broker platform and because of this, it can be used by beginners without any king of problems.

    In addition, Iq Option is famous because it is the platform that allows you to start with the lowest starting investment capital: just 10 euros. No other online trading platform allows you to start with so little.

    With Iq Option you can operate in Demo mode: the Iq Option demo is absolutely unlimited, without constraints nor costs.

    In conclusion, if you want to know all the advantages of Iq Option, you can read our full review. The last tip of Iq Option that we want to tell you, is the section that allows you to learn trading online technique, with hundreds of free video courses that available for all members.

    These video courses help you to learn everything about online trading: you start from the basics and get up to the most complex and performing strategies. For more details, check our full review on Iq Option.

    You can sign up for free to Iq Option by clicking here.

    Trade.com

    Trade.com is an authorized and secure CFD online broker platform. It is completely commission-free (100% free) and offers both the Metatrader platform and Web Trader.

    You can start with a minimum deposit of just 100 euros. All Traders receive (if they want) phone support from an expert account manager, who guides the investors step by step toward success.

    Traders have free access to a large educational tools, with hundreds of video courses. Among other exclusive advantages, with trade.com you have free access to “Trading Central” in which there are reliable trading signals, reports and analyses on individual stocks (something that otherwise you have to do manually with indicators such as Elliott’s waves and others…) If you want to know all the benefits, you should read our full opinion on Trade.com.

    You can sign up for free at Trade.com by clicking here.

    Best trading platform

    We have seen quick reviews of some of the best broker platforms for trading online. By choosing one we have suggested, you can operate in all the main financial markets without the risk of scams. Now, let’s see in detail what are the general characteristics of a good trading platform.

    The main questions are: how do you decide which is the best trading platform? How did we order the platforms that we included in our ranking?

    The truth is that there is no objective method to decide which is the best platform ever: it is a choice that also strongly depends on the Trader’s characteristics.

    Let’s take a clear example: an experienced Trader will have completely different needs than a beginner Trader and therefore will make completely different choices.

    There are obviously some general characteristics that must always be sought in a Trading Platform: for example security.

    In fact, no one, beginner or expert, wants to be scammed when operates with online trading: you can be sure of not being scammed only by choosing authorized and regulated online broker platform.

    Likewise, nobody likes to pay trading commissions, because they severely reduce profits. To be clear, all the brokers that we have selected and included here, are absolutely safe because they are authorized and regulated, but also completely free, no commissions are charged.

    However, there are some features that may only be of interest to some traders: for example, there are platforms, like Investous, that offer educational tools, like an excellent online trading course, for all members, for free.

    The Investous course is really well done and many beginners have learned to trade just by studying this course (and they learned very well). For a beginner, therefore, this is an extremely useful feature; for an expert, however, it could be an unimportant feature.

    Regarding again Investous, we have already mentioned that this online broker platform offers an excellent continuous phone support service. Thanks to this service, a beginner can continuously receive invaluable information and advice. Again, it is a feature that can make a difference for a beginner while for an expert could be useless.

    This examples make it clear that there is no online broker platform that is better than the others. It is very important, in all cases, to operate only with authorized and regulated platforms, because they are the only ones that guarantee 100% against the risk of fraud. It is also advisable never to pay commissions (in fact the best platforms are 100% free).

    Safe broker platforms for online trading

    First of all, it is important to delve deeper into concept of security. An online trading platform is secure when it is authorized and regulated. In this case, in fact, an online broker asks for an authorization from an European supervisory body.

    This supervisor also deals with monitoring, on a continuous basis, compliance with the strict European regulations for the protection of investors. The regulatory bodies, of the various European states, follow the indications provided by ESMA (European Securities and Markets Authority), in USA instead, there is SEC (Securities and Exchange Commission).

    ESMA is a body of the European Union which, since 1 January 2011, has the task of monitoring the European financial market. All the banking supervisors, of the European Union, participate in it.

    It is important to note that European legislation is increasingly favorable to the Traders and therefore guarantees a truly exceptional level of protection. This has not always been the case and it is precisely to offer a greater level of guarantee to Traders that ESMA has issued even more restrictive regulations for Trading platforms in recent years.

    We can therefore be 100% sure that an authorized and regulated online broker platform is truly safe and reliable.

    We always recommend not to use unauthorized platforms: even if there is no certainty, in many cases some brokers have cheated their customers. If you can operate in the financial market with a secure platform, why take a risk?

    Best Trading platform with ESMA regulations

    Now we look at a separate case which is represented by secure, authorized and regulated broker platform that have branches also in non-European countries. Some traders, after registering normally with an authorized platform, choose to operate with the non-European branch (therefore without EU regulation)
    Why?

    The answer is that ESMA, in order to achieve the objective of protecting the trader’s capital at all costs, has placed limits on operations. Some of this limits may seem excessive to some traders, for example the limitation of the financial leverage.

    For this reason, some traders choose to operate with a non-European branch of a trading platform that is authorized in Europe.

    However, operating in this way is safe: the regulated European platforms guarantee very high safety standards also for non-European branches which, at least in theory, should not be subject to European laws.

    Another solution to the problem of excessive ESMA regulations, that may limit some traders, is to be recognized as professional investors. The lobby of professional investors has, in fact, managed to guarantee itself a much better treatment: for example, those who are considered professionals can operate with unlimited leverage.

    To obtain the qualification of professional investor, it is sufficient to comply with some minimum requirements.

    If you are interested in receiving this qualification, register on an authorized broker platform and contact the customer support to request information on the procedure to follow. In reality it is a very simple procedure and, in the case of the platforms that we have included in our review, it is always the platform that takes care of all the steps.

    The Trader does not have to do anything, if he has the requirements, the trader can easily get the advantage of operating without any kind of limitation.

    Free online trading platform

    All the platforms that we included in our ranking are absolutely free: this means that you can register without paying anything and you can operate completely free of charge, without costs nor commissions.

    This is a really important point, especially if you are trading online with a small investment. In this case, paying commissions can lead to zeroing not only profits, but also capital.

    How do these online trading platforms make money then? Simple, they apply a small spread, that is, a tiny difference between the price at which it is possible to buy and that at which it is possible to sell.

    Thanks to this difference, they manage to obtain enough money for their functioning and profit. It is clear that this online brokers could earn much more if they applied commissions, but the spread model has the advantage of also being convenient for the trader. Many of these platforms, therefore, can save on marketing as satisfied customers always attract other customers.

    When you choose an online broker platform, the level of the spread must also be carefully considered. In our case, we have selected the best online broker platforms, with an extremely advantageous spread for the trader.

    Demo account without investment

    Whenever we have presented a new online trading platform, we have always stressed that users have the possibility to register to a Demo account. It is no coincidence: we have actually selected only platforms that offer their users an excellent, unlimited and unrestricted demo.

    But why are demos so important? First of all, online trading is not a game. For a beginner, or aspiring trader, the demo can really make a difference: it allows you to experience trading without any type of risk and without investment.

    Many beginners start with a Demo for this reason: they can try a technique or strategy using virtual money. In this way, even if the trader do a wrong investment, there are no real losses.

    Indeed many traders who now earn a lot have started in Demo mode and have improved little by little.

    All the online trading platforms we reviewed here offer an excellent demo: the Demo mode is extremely realistic, with real market prices. In this way the trader can live situations identical to those he will have to deal with when trading with real money.

    But be careful: Demo mode and real mode are identical from a technical point of view, but not from a psychological one. In fact, when operating in Demo mode, psychology counts for absolutely nothing. There is no fear of losing money and there is not even the greed to earn more and more.

    Online trading also has a strong psychological component: fear and greed play a very important role. Great traders are always those who learn to dominate themselves, not those who know complex strategies.

    Unfortunately you cannot learn to master emotions with Demo mode trading. Once you have learned the technique (and it is not difficult) you should switch to real trading. At the beginning it is better to use small sums to gradually increase the invested capital.

    Best online trading platform for beginners

    Fortunately, there are a lot of legal and safe online broker platforms. How did we make our selection? The Onlinetradingcourse.net is the best international guide that deals with online trading, our goal is to help beginners to start trading online in the best way.

    For this reason, we have specially selected all the best online trading platforms for beginners. This means that we have selected platforms that:

    • Are easy, intuitive and user friendly
    • Offer a Free Demo mode
    • Let us to start with a small investment
    • Offer excellent online support services
    • Offer additional benefits for beginners

    Let’s make some concrete examples of platforms that offer specific advantages for beginners in online trading (or for those who want to become a trader).

    Investous for beginners

    Investous is highly appreciated by beginners because it offers phone support by a great trading expert. Beginners who follow phone advice can start without errors.

    Investous also offers an excellent guide, to online trading, which explains in detail how you can make important results with trading. The guide is free and it’s not a “theoretical” waste of time like many of other guides that are out nowadays.

    Furthermore, Investous offers an excellent service of free trading signals: many beginners operate with this service so they can have winning ideas of continuous flow trading.

    Investous has a minimum deposit of just 250 euros.

    eToro for beginners

    With eToro you have the possibility to automatically copy the best investors, this is the main strength of this online broker platform.

    Obviously beginners who use eToro have the great advantage of being able to get the same results as the greatest financial market experts in the world immediately. Even better, with eToro you can learn how to trade online at its best by observing what great traders do day after day.

    Also eToro has a minimum deposit of just 250 euros.

    Conclusions

    In this article we presented some of the best broker platforms for online trading available on internet. We have selected only platforms that can guarantee the highest level of security and reliability, but not only that.

    Since those who are looking for trading platforms usually have an in-depth knowledge, we have carefully selected the safe platforms that are most suitable for those who are taking their first steps in the world of trading.

    The choice of the right platform is really fundamental and, in many cases, it can really make a difference. For this reason, we always recommend spending some time choosing well!

    How do you recognize the best online trading platforms?

    Their value is certainly the license or regulation they have. This element is essential to recognize a quality broker.

    What are the main licenses that a trading platform must have? 

    At least one of the following will suffice: FCA, Consob, CySec and Cnmv.

    Which are the best broker for online trading?

    Starting from the regulated ones, the most successful online broker platforms are eToro and Investous, based on the number of customers.

    Do these platforms charge any commissions?

    No, as among the best platform we identify only those that do not apply any commissions. Furthermore, these brokers apply low spreads, but this would also be a great advantage for the traders.

     
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