Which trading platform or broker would you recommend for a new trader?

★ SUMMARY ★
There’s no such thing as the best broker
It’s not that one specific broker is the best broker. Just like choosing a car, whether that’s a convertible, a sedan, a van, a truck, every car vehicle is going to be different for that type of person along with the different color choices and options that you want.

It is going to come down to the type of trading that you personally do.

The cheapest is not always the best choice
Typically, initially, most people choose a broker based on fees, meaning commission rates, they want to choose lower commission rates, but this is not always the best way to choose a broker.

Customer support is important
Look for the cheapest after you have the experience
Most brokers will negotiate their rates

Posted at: http://investinghelpdesk.com/26-which-trading-platform-or-broker-would-you-recommend-for-a-new-trader

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33 COMMENTS

  1. Traders have different trading choices to choose their broker. According to their trading demand they should choose a reliable and regulated broker. In my trading life I choose Forex4you broker as I get them much reliable and regulated in this field. They have all well- reputed bank accounts to offer their clients, higher leverage 1:1000, low spread from 0 pips and all these are much supportive to make good profit.

  2. good video dude but why not put a summary? This video can maybe be cut down to 30 seconds without all the beating around the bush…here's a starter for 10 (please like so comment goes up)

    picking a broker is like picking a car; it all depends on your needs

    *Good Customer Service

    TD Ameeritrade
    TradeKing
    Etrade
    Scottrade
    Trade Station

    *Less fee but no tech support (e.g. only email no phone)
    Interactive brokers
    Lightspeed

    active trader = over 500 trades per month

  3. LOOK FOR A LOW FEE BASED PLATFORM
    Inter Active brokers IS S GREAT
    FORGER S A X O Bank IT WILL COST YOU A LOT
    AND THEY ARE VER VERY VERY SLOW WHEN IT COMES TO CLOSE YOUR ACCOUNT
    IN FACT THEY ARE VE RY RELUNTANT TO DO SO !!!!!
    iNT
    ER ACTIVE BROKERS HAS A L L THAT YOU NEED
    SUPPORT
    EDUCATION ETC ETC

  4. I would recommend Robinhood for trades since they are commission free. Always go with limit orders… You'll have to go elsewhere if you want good charts though.

  5. Don't forget about pattern day trading rule for margin accounts. This is one thing no Youtube "reviewer" ever discusses, until it bites the noobs in a behind

  6. hhh vad snakar du om. du vill ha bonus igenom att alla ska skriva in sig hos en brokert som ger dig bonus på varje trader du hämtar. hhh jag kä'nneer 30000 euro varje vecka minst. men det du snakar om är helt för mig skratta hh det gillar andra hungriga människor hhhhhh. visa resultat på din analys och trades positioner istället ljuga

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