We found 11 online brokers that are appropriate for Trading Stock Trading Platform.
Interested in trading stocks to make an enormous amount of money? You will need to know all of the basics first, including the type of orders of stock. Before you begin, you need to understand how the orders work. Knowing the functions of the orders will save you a lot of trouble later, and help you to minimize the risks of losing.
In this article, we will delve into the stock orders types that you need to comprehend before making your order in the stock market.
Basically, there are three types of stock orders: market, stop and limit orders. We will give you a comprehensive breakdown of each stock order and which is best to use in which particular scenario.
Market Orders are the most common types of order in the market. If you are familiar with trading, it is likely that you would have come across this term before.
In fact, a market order is a basic form of stock order. In the stock market, traders will buy and sell the stock in real-time, without any delays. If you get the stock order, the action you take will be termed differently. Purchasing a stock is termed 'Ask', while selling a stock will be termed as 'Bid'.
How is this relevant? The ask price informs the system of the lowest amount that the traders will accept for the asset classes. Meanwhile, the bid price informs the system of the highest price the traders are willing to pay.
Trading happens at a quick pace. Markets are complex and volatile. Because of this, the last price that you see at each market order can change within a second. Market orders do not fix a specific price to buy or sell, but guarantees instant execution. The price that the market order will execute will be pretty accurate in accordance to the data you see on display. Therefore, you can rely on the market order if you want to buy or sell a specific instrument instantly.
Limit Orders are a type of order which will help traders to buy or sell at a specific price. When the terms are met, the particular order will be executed. To place a limit order, you will need to set the maximum and minimum price that you want to buy or sell. In this case, you are literally predefining the maximum and minimum price levels. The limit orders will then be executed when the prices hit the preset levels. If the prices do not reach the preset levels, the limit orders will not be executed.
Limit orders will be executed depending on several factors. You may have to wait for some time depending on the common factors, such as how far the bid or ask price, the volatility of the particular instrument, the market condition, where you’d place it, as well as many other factors.
Pending orders are an alternate term for limit orders. As mentioned, the waiting time for orders to be executed are dependent on many factors. As long as terms are not met, the limit orders will not be executed.
Let us understand the concept better through the supermarket queue analogy. Let’s say you are purchasing a diaper for $10. You know that you will pay exactly $10, no more, no less. But you need to wait in the lines until you reach the cashier to make payment. You have no idea how long you will have to wait for your turn. This situation is very similar to a pending order.
Stop Orders are an order type that allows the trader to buy or sell specific financial instruments when the market price reaches the predefined stop price. In this case, you will present the stop price prior to making an order. When the price reaches the stop price, the stop order will be turned into a market order.
There is a similarity between stop orders and limit orders where their sole objective is to buy or sell at the best possible price which will benefit the traders.
A buy stop order will become active when the terms are met. Therefore, traders usually place it above the live market bid. When the order is executed, it will be converted to the market or limit order. Although it is a different order from their counterparts, they are still linked. On the other hand, when you sell a stop order, you will place it below the live market rate. In this case, the order will be executed when the terms are met.
We've collected thousands of datapoints and written a guide to help you find the best Stock Order Types for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Stock trading platform below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Stock Trading Platform trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Stock Trading Platform.
Compare Stock Trading Platform min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Stock trading platform. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Stock trading platform that accept Stock trading platform clients
Broker |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
AvaTrade
![]() |
FP Markets
![]() |
Plus500
![]() |
Pepperstone
![]() |
EasyMarkets
![]() |
XM
![]() |
FXPrimus
![]() |
SpreadEx
![]() |
Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 100 | 100 | 200 | 100 | 5 | 100 | 1 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 20,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 15,500+ | 10,000+ | 142,500+ | 3,500,000+ | 10,000+ | 10,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Spreads |
|
|
|
|
|
|
|
|
|
|
|
Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with plus500 |
Sign
Up with pepperstone |
Sign
Up with easymarkets |
Sign
Up with xm |
Sign
Up with fxprimus |
Sign
Up with spreadex |
Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 79.3% 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 | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
FP Markets Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
You can compare Stock Trading Platform 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 Stock Trading Platform for 2021 article further below. You can see it now by clicking here
We have listed top Stock trading platform below.