Best Online Brokers for Beginners for 2025
We found 11 online brokers that are appropriate for Trading Best Online Brokers For Beginners Platforms.
Best Online Brokers for Beginners Guide
Analysis by Andrew Blumer, Updated Last updated – August 14, 2025
Best Online Brokers for Beginners
If you are looking for the best online brokers for beginners, this article is worth reading. It will discuss some of the most popular brokerage houses for beginners and novice traders.
We will simultaneously discuss online brokerage topics and whether a trader needs a lot of money to trade through an online brokerage firm. We will discuss the steps to follow while picking a brokerage.
However, let us start with the list based on easy navigation, pricing structures, top-notch educational resources, high-level customer service, clear commission and more.
eToro
eToro is the largest social trading platform in the world with over 20 million registered users.
You can trade stocks, cryptocurrencies, forex, indices, commodities, and exchange-traded funds (ETFs) on eToro. You can invest for the long term or short term using eToros range of trading tools and copytrading features. eToro allows stock traders to converse and follow other more experienced stock traders.
eToro offer a wide range of stocks which can be viewed in detail on their trading platform. On eToro, you can trade stocks in two different ways. You can purchase and sell real shares on the open market from the most popular stock exchanges all over the world or you can trade Stocks Contracts for Difference (CFDs) which are a way to trade stock price changes (CFDs). CFDs allow you to trade in both directions while also allowing you to leverage your exposure.
XTB
XTB has a long history of offer a well regulated, stable trading platform for its registered users.
For stock traders, the most reliable and cost-effective trading platform is the XTB CFD stock broker platform. The software has a wide range of trading tools and educational resource that can make your stock trading easier. It is designed to reduce trading costs for traders worldwide by offering a platform where they can trade their accounts without worrying about the trading floors. XTB also offers stock CFD trading.
You need to open an account with the XTB stock broker platform of your choice and give them your personal details so that you can have access to your own trading accounts at any time you want. If you choose a managed account type.
Pepperstone
The software interface and design of the Pepperstone CFD broker platform is very user friendly. One does not have to have a degree in computer science to use the software and perform trades. Once the trader has become familiar with the platform, the interface will start to enable the trader to perform with confidence.
The primary reason why many traders are attracted to the Pepperstone CFD broker platform is the fact that it is the only full-service software platform available for trading Forex. With the software, you have the freedom to trade anywhere you like, at any time of the day or night. This gives the trader a great deal of flexibility. The platform is equipped with real time data and trends that will help the trader to make more informed decisions.
The Pepperstone CFD trading platform is also equipped with the most up to date software that can give you the highest probability of profit. The platform is designed to offer the most accurate predictions and the best trade strategies. It uses complex mathematical algorithms and complex systems to give its predictions. Hence, the system has the ability to predict market conditions better than any other software in the market. It does this by using complex market analysis coupled with heavy research and testing.
Plus500
The Plus500 CFD broker platform was developed by a group of industry experts who have many years of experience in the financial market. The Plus500 CFD system can provide you with the flexibility that is required to be a successful long-term investor. This investment tool is perfect for traders who want to trade in the commodities, currencies and stock markets. The platform is completely automated, so it enables the trader to manage his investments in real time.
This online trading system has an extensive variety of features that help traders manage their investments on a daily basis. There is a system for all kinds of markets including CFDs, indices, commodities, equity indexes, derivatives, forex trading and stock markets among others. It is designed by a team of professionals who are constantly monitoring the market to ensure that the tools it provides are always up to date and functional.
The Plus500 offers many advantages. If you are a new trader and are looking to place a single trade that could go live then this platform is just right for you. Plus500 offer one of the most flexible ways of trading when compared to other systems and you can therefore experiment with multiple trading types. The system has a robust risk management system built in so that your trades are managed accordingly. Plus500 also offer a number of customised payment options including pay plan option, discount option, open order option and stop loss option.
AvaTrade
AvaTrade is an international well regulated trading platform that has quickly gained traction as a leader in bringing internet day trading into the mainstream. This platform allows investors to make trades using their own money through the use of an easy to understand trading interface. Through AvaTrade, investors are able to place orders for either a variety of stocks or ETFs, as well as commodities like gold or platinum. If the order is filled, the investor will be charged for the full amount of the order, regardless of the size of the trade.
This trading platform works by allowing investors to trade a number of different financial instruments. Some of these financial instruments are fully realized, while others are not. One of the advantages of AvaTrade over other online trading platforms is that the company offers exposure to a number of global financial markets. The financial instruments that are traded on AvaTrade include stocks, options, commodities, and bonds. Regardless of whether an investor trades on this platform solely for profit or mixed with other types of investments, they are still able to profit from this excellent investment resource.
IC Markets
The global nature of the internet has made it possible for companies like IC Markets Trading Platform to make profits from their online investment activities. A traders success is often dependent on its online trading strategies and tools. This platform offers trading platforms need to provide the best services to their clients. These include an active and proactive customer support network that takes care of all the technical issues that may arise during trading sessions.
The IC Markets trading software platform is an integrated trading platform, which comes with the ability to trade over all major worldwide financial markets. The IC Markets platform comes seamlessly integrated with MetaTrader4. It also provides the necessary features required by trading brokers and makes use of advanced trading tools. Users can also connect to IC Markets's online demo account. This gives users a chance to practice trading with fake money so that they can get familiarized with the various features of the platform before making the final investment decision. IC Markets are known for very tight spreads and fast order execution speeds.
Online Brokerage Explained
Online brokerage means trading stocks, ETF's, Bonds, Forex and other financial assets and instruments with the help of a computer or mobile device connected with the internet. The brokers provide the trading platform. The level of services and range of commissions or fees differ across brokers. The various categories of brokers include discount and full-service brokers.
A brokerage account is opened by providing details like name, address, email address, phone number, citizenship document, employment status, annual income and net worth.
Funds Required For An Online Brokerage
It is a myth that a lot of money is required to use an online brokerage. Many discount brokers can start trading even with a $0 account minimum. It means trading with an online brokerage is easy, and anyone can start.
Tips to Choose Brokers
Choosing one of the perfect online brokers is not easy for beginners and novice traders. It is suggested to follow these steps.
If you are a beginner, starting with a low-cost broker is better. Usually, the discount brokers may help. They facilitate trading with any minimum amount. The second factor to consider is the trading platform. All the platforms may not be easy and smooth for beginners. Starting with a demo account equipped with a virtual fund is better. Trading with a demo account is the best way to get real exposure and learn the pros and cons of live trading.
It is essential to only deal with a regulated broker. Unregulated brokers may vanish with the funds. The broker's authenticity can be checked from the official website of the FCA in the UK. The next factor to note is the deposit and withdrawal of funds. It should be easy, quick and flexible. Most brokers accept payments through bank transfers, credit/debit cards, and many wallets, including PayPal. It is suggested to know the charges for depositing and withdrawing funds.
Professional customer service becomes important for beginners. It is better to deal only with brokers who have reliable 24/7 customer care teams through chats, emails, and phone calls. Lastly, reviews count a lot. It is essential to read reviews related to the chosen brokers from other websites and forums.
Best Online Brokers for Beginners Verdict
Beginners are always at risk of landing up with the wrong broker. This article shared a couple of brokers' names and important features based on our own research. This list may differ from others. Hence, it is suggested to conduct your own research before signing up with one of the best online brokers for trading. We have discussed the steps to follow while picking a broker.
We have conducted extensive research and analysis on over multiple data points on Best Online Brokers for Beginners to present you with a comprehensive guide that can help you find the most suitable Best Online Brokers for Beginners. Below we shortlist what we think are the best Best Online Brokers For Beginners Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Best Online Brokers for Beginners.
Reputable Online Brokers for Beginners Checklist
Selecting a reliable and reputable online Best Online Brokers For Beginners Trading 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 Best Online Brokers For Beginners Trading Platforms more confidently.
Selecting the right online Best Online Brokers For Beginners Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Best Online Brokers For Beginners Trading Platforms broker has a solid track record of at least two years in the industry.
- Verify that the Best Online Brokers For Beginners Trading Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Best Online Brokers For Beginners Trading Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Best Online Brokers For Beginners Trading Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Best Online Brokers For Beginners Trading Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Best Online Brokers For Beginners Trading Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Best Online Brokers For Beginners Trading Platforms in Our Brokerage Comparison Table
When choosing a broker for Best Online Brokers For Beginners Trading Platforms trading, it's essential to compare the different options available to you. Our Best Online Brokers For Beginners Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Best Online Brokers For Beginners Trading Platforms broker.
- The funding methods available for Best Online Brokers For Beginners Trading Platforms with each broker.
- The types of instruments you can trade with each Best Online Brokers For Beginners Trading Platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Best Online Brokers For Beginners Trading Platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Best Online Brokers For Beginners Trading Platforms broker affects the cost of trading.
- The level of customer support each Best Online Brokers For Beginners Trading Platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each Best Online Brokers For Beginners Trading Platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Best Online Brokers For Beginners Trading Platforms broker that best suits your needs and preferences for Best Online Brokers For Beginners Trading Platforms. Our Best Online Brokers For Beginners Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Best Online Brokers For Beginners Trading Platforms of 2025 compared
Here are the top Best Online Brokers For Beginners Trading Platforms.
Compare Best Online Brokers For Beginners Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Best Online Brokers For Beginners Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Best Online Brokers For Beginners Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Best Online Brokers For Beginners Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Best Online Brokers For Beginners Trading Platforms that accept Best Online Brokers For Beginners Trading Platforms clients.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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| Rating | |||||||||||
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
| Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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| Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
| Benefits |
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| Accounts |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. 74.12% 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. | 75-95 % 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 | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, 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, 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 |
All Best Online Brokers For Beginners Trading Platforms in more detail
You can compare Best Online Brokers For Beginners Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Best Online Brokers For Beginners Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Best Online Brokers For Beginners Trading Platforms below.
Best Online Brokers for Beginners Table of Contents
- Best Online Brokers for Beginners Explained
- 6 Factors to Consider when Choosing Best Online Brokers for Beginners
- Are Your Best Online Brokers for Beginners Trusted And Established?
- Are The Best Online Brokers for Beginners World Leading?
- What are the Best Online Brokers for Beginners Commissions and Fees?
- What are the Best Online Brokers for Beginners Funding and Withdrawl Methods?
- Find Best Online Brokers for Beginners with Round-the-clock support?
- Make sure the Best Online Brokers for Beginners Offer Comprehensive Trader resources?
- Why Best Online Brokers for Beginners needs to be regulated?
- Best Online Brokers for Beginners FAQ
- What are the best Best Online Brokers For Beginners Trading Platforms brokers?
- What is the best Best Online Brokers For Beginners Trading Platform broker?
- Related Best Online Brokers for Beginners Reviews
- Related Best Online Brokers for Beginners Alternatives
- Related Best Online Brokers for Beginners Comparisons
Best Online Brokers for Beginners Explained
Trading volatile financial markets with Best Online Brokers for Beginners can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Best Online Brokers for Beginners to ensure a successful trading experience.
Selecting Best Online Brokers for Beginners at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Best Online for Beginners markets effectively.
Reliability is key to gaining access to financial markets. Look for Best Online Brokers for Beginners that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Best Online Brokers for Beginners confidently.
6 Factors to Consider when Choosing Best Online Brokers for Beginners
Follow these five rules for selecting Best Online Brokers for Beginners that are right for you:
Are Your Best Online Brokers for Beginners Trusted And Established?
Search for a reputable Best Online Brokers for Beginners with a extensive proven track record for Best Online Beginners, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Best Online for Beginners broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 16 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2002 | 2009 | 2010 | 2006 | 2005 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Australia |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) |
| Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes | No | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. 74.12% 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. | 75-95 % 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 |
Are The Best Online Brokers for Beginners World Leading?
Opt for Best Online Brokers for Beginners that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Best Online Brokers for Beginners is Roboforex. Roboforex Segregates clients funds and offers over 12000 instruments.
| Broker |
IC Markets
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Roboforex
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eToro
|
XTB
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XM
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Pepperstone
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AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 12000 | 6000 | 6000 | 1000 | 1200 | 1000 | 10000 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) |
| 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | AF, AS, AQ, 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, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | No | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 15 | 16 | 17 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 160 | 1100 | 1000 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Best Online Brokers for Beginners Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Best Online for Beginners broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Best Online for Beginners broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 50 | 0 | 5 | 0 | 100 | 100 |
| Withdrawl Fees | No | No | Yes | Yes | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | Yes | No |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | Yes |
What are the Best Online Brokers for Beginners Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Best Online Brokers for Beginners. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Best Online Brokers for Beginners.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Best Online Brokers for Beginners with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Best Online Brokers for Beginners.
Best Online Brokers for Beginners customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Best Online Brokers for Beginners can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
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|
|
|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. 74.12% 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. | 75-95 % 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 |
Make sure the Best Online Brokers for Beginners Offer Comprehensive Trader resources?
It's important to ensure your Best Online Brokers for Beginners provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Best Online Brokers for Beginners. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Best Online Brokers for Beginners.
Why Best Online Brokers for Beginners needs to be regulated?
Regulated Best Online Brokers for Beginners lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Best Online Brokers for Beginners.
Consumers are protected by Best Online Brokers for Beginners regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Best Online Brokers for Beginners is necessary to prevent fraud. The Best Online Brokers for Beginners working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Best Online Brokers for Beginners is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Best Online Brokers for Beginners List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), WindowsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile AppsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits