We found 11 online brokers that are appropriate for Trading Behavioural Economics Investment Platforms.
Behavioural economics can be seen as a part of psychology. It is the study of decision-making processes that relate to the economy.In behavioural economics, two questions are essential. The first one considers whether the assumptions made by the economists about profit or utility maximisation are close to people's behaviours or not.The second question relates to how individuals can maximise the expected utility. If we can answer these two questions, we start to understand how behavioural economics works.
If we believe that we live in the ideal world, it would mean that the decisions made by the people will always be optimal - to ensure that they get the highest value of satisfaction and benefit from it. But if we talk about economics, we need to understand the rational choice theory.
According to this theory, humans would choose the option that ensures individual-based satisfaction if they are given various options in an age of scarcity. If we believe this theory, it tells us that humans can make highly rational choices after carefully calculating each option's costs and potential benefits. As a result, the decision made at the end will ensure that it provides the best benefit to the individual.
The theory believes that any decision made by a person will be based on rational thinking and will not have a hint of emotions or any external stimulus. This theory assumes that every one person will choose an option that is best for him.
But if we look at the real world, we see that majority of the decisions are not based on rational thinking or without emotions. Emotions play an essential role in decision making. People with less self-control would choose an option that provides them with instant gratification instead of an opportunity that is more beneficial in the long run.
That is where behavioural economics come into play. This study assumes that humans are not always rational and cannot always make good decisions consistently. Of course, some individuals will be good at rational thinking and make rational decisions most of the time. But even such individuals need to account for emotions and external conditions during decision making.
Behavioural economics draws its power from the study of economics and psychology to understand why some people make irrational decisions and deviate from the economic model's forecast. For example, what should be the obvious choice when a person needs to buy a cup of coffee? Normally, a person chooses what offers him the lowest price and the best taste. But some people may buy an expensive coffee or go with not-so-great taste just because they are used to going to a particular outlet or brand.
Another example can be when a person decides to pay more for a cup of coffee just for the beautiful environment of the cafe. It is decisions like these that make it difficult to build various economic models.
If we look at choosing a school, once again, a person needs to look at various factors and conditions that may not be rational. Some people join a college just because their friends are going to that particular educational institute. A rational decision would mean that person looked at the quality and scope of education rather than where his friends were going.
A rational choice for an obese person should be to start doing exercises and adopting a more healthy diet plan. But why do most people not make an effort to make a rational choice for their health? All of this tells us that we are not living in an ideal world.
In behavioural economics, we try to understand what makes a person decide to go with a particular choice rather than the other.
Economic models fail to understand that humans have emotions that can be distracted by many things. They can even make decisions that are not in their self-interest.
For example, if a person named John knows that he is overweight and is presented with relevant information about losing weight. In that case, what should he do? He should follow the advice and start working on the plan to lose weight and become healthy. But if he sees a TV commercial for ice cream with an attractive price, he may lose self-control and indulge in ice cream. As a result, John made an irrational decision, but we need to understand that John was not a robot but a human being that can make mistakes and irrational decisions.
We have conducted extensive research and analysis on over multiple data points on Behavioural Economics to present you with a comprehensive guide that can help you find the most suitable Behavioural Economics. Below we shortlist what we think are the best Behavioural Economics Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Behavioural Economics.
Selecting a reliable and reputable online Behavioural Economics Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Behavioural Economics Investment Platforms more confidently.
Selecting the right online Behavioural Economics Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Behavioural Economics Investment Platforms trading, it's essential to compare the different options available to you. Our Behavioural Economics Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Behavioural Economics Investment Platforms broker that best suits your needs and preferences for Behavioural Economics Investment Platforms. Our Behavioural Economics Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Behavioural Economics Investment Platforms.
Compare Behavioural Economics Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Behavioural Economics Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Behavioural Economics Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Behavioural Economics Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Behavioural Economics Investment Platforms that accept Behavioural Economics Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
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IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Behavioural Economics Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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We have listed top Behavioural Economics Investment Platforms below.
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