The Best Online Stock Trading Platforms That Beginner Should Use
Beginner traders need not worry anymore if they want to start investing in the stock market for today, I am going to talk about the best online stock trading platforms that you should use to invest in the most trustworthy and credible stock broker websites.
Before I get started, though, I want to give a little bit of background about it. Online stock trading platforms allow you to conduct trades either by letting them do it for you or giving you some helpful resources and tools so that you can do it yourself.
Do note that the list consists of companies that have amazing customer service, a relatively cheap cost per transaction, and the extra costs are also factored in as well.
So, without further ado, here are the best online stock trading platforms that beginners can use:
If you are a beginner in stock trading, then I can definitely recommend this trading platform. E*Trade not only gives you the ability to start investing easily, but they also provide a lot of educational resources that you can consume to enrich your knowledge about the stock market as well.
They have videos, webinars, and even articles for you to watch and read. They also provide you with the latest news about trends, stock market movements, and commentaries about the different happenings around the world of stock trading.
If you want an online trading platform that offers the best research and tools to help you invest in the stock market, then look no further than Fidelity.
Fidelity is the best stock trading platform for the DIY investors because they have a vast resource of amazing content related to the shares market.
All of these things are well-researched and provides proof that the things that are inside those resources work really well.
The good thing is that their price has been lowered down to $4.95 per transaction, which is actually one of the cheapest that you can find online.
No wonder they won the best overall online stockbroker award in 2016.
3. Ally Invest
For people who care more about trading and not the actual brokerage fees, then Ally Invest is definitely a good choice.
Not only do they have one of the most affordable rates out there (priced at $3.95) they also have the resources and tools that can help beginner and professional traders alike.
Another great feature of this platform is that they have a network of online traders that can give you some insider secrets to help you boost your share prices and more.
4. TD Ameritrade
They say that you have to save the best for last, and that is actually true for this list. TD Ameritrade is definitely the best in class in terms of performance, price, and features.
TD Ameritrade is great for beginners because their program’s interface is intuitive to use and it provides step-by-step instructions on what to do initially.
It is also great for professional traders because their program, ThinkorSwim, provides easy access to real-time market data, exclusive charts, and even well-researched reports.
All of those things can be yours by just giving them a $6.95 commission. Really, the best platform for its price-to-performance ratio.