Some important information!

If you are interested in investing money, stock exchange, Forex market, CFD contracts for commodities (e.g. oil, gold) or companies (e.g. Amazon, Google etc.) sooner or later, you will have to chose a broker who will help you with setting up an account to invest. Below we provide you with some information that we believe is crucial when choosing the right broker. The following broker ranking is regularly updated. We are constantly checking new brokers and completing the ranking.

List of some important information:

• Some brokers offer you demo account with virtual currency that you can use for any purchases (no matter whether they are commodities, stock indexes, etc.)
• Choosing a right broker is crucial – the money transferred to the investment platform should be safe, and the withdraws should be made relatively fast.
• Thanks to investment platforms, we can purchase CFDs for gold, platinum, oil or simply large companies such as Apple, Coca-Cola.
• Every investor should be aware of the risk of each investment. That is why, never invest money you cannot afford to lose if something goes wrong.
• Each profit should be settled in a particular country of tax residence.

Brokers – credibility above all else!

We’ve tested the biggest platforms and prepared a systematically updated ranking below.
We believe, the most important issues are legal regulations (their number and quality), because they define whether a particular broker is worth our trust.
We paid a lot of attention to safety, commissions and the amount of fees as well as the quality of the conducted transactions.
One of the most important things for people starting their adventure with investment platforms is the possibility to learn how to properly use the platform through demo account.
Unfortunately, not every broker provides this option. Training materials, videos, courses and webinars are extremely useful for novice investors, because they simply explain the most important investment principles. For the beginners, a correct analysis of market and detailed charts can be very problematic. Therefore some brokers provide free training materials.

Demo Account!

• Virtual currency that can be used for any purpose.
• Possibility to buy different assets, e.g. gold, oil etc.
• The ability to close your account at any time.
• Possibility to switch to a real account at any time.

The most important advantages of demo account:

It is a very useful functionality that can be used while trading, checking a certain platform or simply your own skills. We don’t need to verify your data to start using demo account.
Before you start investing, you can create demo account, in this way you have a chance to test a particular platform (or a given Broker). You will learn how the trade works, you can make your first investment without risking the real money. The demo account will allow you to trade any asset, and above all let you check the possibilities of the investment platform. Thanks to it, we can follow the exchange rates of currencies, oil, gold, silver etc.
Remember! Brokers without the appropriate (valid) licenses and therefore no financial supervision can lead to the loss of all your capital. That is why so much stress should be placed on whether a particular Broker has valid licenses and is regulated by law. It is also crucial to understand that any investment involves the possibility of losing the invested money no matter which broker you choose. You can also open demo account at the winner of our Plus500 ranking.

When choosing a broker, it’s worth to first check:

• The service and intuitiveness of a particular platform, the minimum required amount to be paid to start the investment.
• What legal licenses a given company has and through which financial institutions it is regulated.
• Are there commissions for deposits and withdrawals to the stock account.
• How high are the spreads (commission for the broker calculated at the opening of the contract).
• What is the quality of training materials prepared for investors.
• Are there free supporting tools provided by the broker.
• Are the global platforms such as MetaTrader4, MetaTrader5 supported.
• How long you have to wait for the money withdrawn from your stock account.

Which broker to choose?

Taking into account the comments on the forums posted by the standard users and the advantages listed in our summary, we’ve chosen the Plus500 broker as one of the best trading platforms.

Information on the ranking:

In order to create the ranking presented above, we tested a considerable number of leading trading platforms, including Olymp Trade, IQ Option, FX Trading, iFOREX, Coinbase, eToro, XM, XTB, Plus500, ExpertOption, easyMarkets and a dozen others. Among them we’ve chosen the brokers that deserve to be included in our ranking.