Best Stock Brokers

Stocks are a way for retail investors to own a share in some of the world’s largest companies. In turn, these companies can raise money from stock investors in order to fund their expansion, products and services. When you purchase a stock, you are investing in the company and their success. Stock traders can speculate on the price of a company stock to try and make a profit from the difference in price fluctuations.

If you believe the price of a stock would increase, you may look to buy it. If you felt that the price may fall, you may look to sell it. The difference in price from when you open and close your position, is the profit or loss minus any stock broker fees. You will need a stock broker if you want to buy and sell stocks.

Although more and more aspiring traders and investors are branching out into cryptocurrencies and trading forex, stock trading still remains one of the oldest and most prominent forms of online trading. Therefore, you can find literally thousands of stock brokers providing stock trading products and services. We have put this stock trading broker guide together to help you in your search. Having the best stock brokers according to our findings listed in one place, can help you save time when looking for the best stock broker for your own individual needs.

Top 10 Stock Brokers

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.
AvaTrade Review

ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA

$100

2006

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.
IG Review

ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA

$250

1974

1:200

76% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
3.
Pepperstone Review

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$200

2010

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.
IC Markets Review

ASIC, CySEC, FSA, SCB

$200

2007

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.
XM Group Review

ASIC, CySEC, DFSA, IFSC

$5

2009

1:888

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
6.
XTB Review

CySEC, DFSA, FCA, FSCA, IFSC

$1

2004

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
7.
City Index Review

ASIC, FCA, MAS

$100

1983

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
8.
Swissquote Review

DFSA, FCA, FINMA, MFSA, SFC

$1,000

1996

1:100

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
9.
Capital.com Review

CySEC, FCA, NBRB

$20

2016

1:30

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
10.
Saxo Bank Review

ASIC, FCA, FINMA, JFSA, MAS, SFC

$500

1992

1:66

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

AvaTrade

AvaTrade make it into our best stock brokers list, offering online trading on over 75+ stock CFDS with ultra-low spreads and a range of powerful yet easy to use trading platforms that are compatible across desktop, web and mobile devices (iOS/Android). You can trade long or short on popular global stocks such as Adidas, Amazon, Apple, Google, Tesla, Walt Disney and many more.

They don’t just offer individual stock trading either, there is a large variety of additional CFD trading instruments including forex, commodities, indices, ETFs, bonds and cryptos such as Bitcoin and Ethereum. Whatever your interests, there is something for everyone to trade and build a diverse portfolio.

AvaTrade Platforms & Tools

AvaTrade offer online stock trading via user-friendly and intuitive stock trading platforms. You can choose between the popular MetaTrader 4 platform from MetaQuotes or the proprietary AvaTradeGO platform. The platforms are compatible with desktop, web and mobile devices for trading stocks whilst on the go.

In addition to intuitive and flexible platforms for a smooth trading experience, clients also have a vast array of trading tools to choose from. This includes a range of stock market analysis tools, automated trading solutions and Autochartist which can help to identify potential trade opportunities.

AvaTrade Research & Education

AvaTrade have an abundance of free educational materials to help you get the best out of your online stock trading. This includes trading guides, tutorials, webinars and more.

There are useful trading tools which can help with trading decisions including stock market analysis from the AvaTrade experts and an economic calendar to help you stay up to date with the latest stock market news.

AvaTrade are an innovative broker that frequently introduce new and unique technologies. This includes the trading academy “Sharp Trader” and the social trading platform “DupliTrade” where stock traders can share analysis and copy trades.

These resources show that the broker wants to help traders improve their skills and knowledge in order for them to be able to make more informed decisions.

AvaTrade Trading Accounts

The AvaTrade standard account requires a modest deposit of $100 to get started and gives you full access to all of the stock trading instruments and brokerage services. This includes all platforms, tools, resources and industry leading trading environment.

If you would first like to practice your stock trading strategies, the broker also offers demo accounts which allow you to trade stocks online with virtual funds until you feel confident enough to open a real account.

AvaTrade cater to Muslim traders by offering swap free accounts that comply with Sharia law. There are also MAM accounts for money managers and investors along with professional accounts for those who qualify.

AvaTrade Account Funding

You can fund your AvaTrade broker account via numerous convenient options which include credit and debit cards, bank transfer and online payment processors that include Paypal, Skrill, NETELLER and WebMoney.

AvaTrade Customer Service

AvaTrade have an excellent customer service team that are available around the clock to answer any of your general, technical or account related questions. The brokers multilingual support team can be contacted in a variety of ways including phone, chat and email. They are prompt, polite and efficient in their responses with all traders treated the same no matter how big or small your stock portfolio is.

AvaTrade Regulation

AvaTrade has one of the widest range of regulators we have seen from any online stock broker. They are regulated by respected regulatory authorities that span across multiple continents. The brokers regulators include some top-tier regulators.

Such stringent regulation can give you the peace of mind that you are trading stocks with a broker who must follow strict rules and regulations that are put in place to protect investors. This can give your account protection in the unlikely event things were to go wrong.

AvaTrade Summary

As an established online brokerage and huge global brand, we are proud to include AvaTrade in our list of best stock brokers. They have won multiple brokerage awards, including for their best in class customer service team which provides multilingual live support along with a dedicated account manager.

In addition to a huge range of stocks and other trading instruments, AvaTrade also offer traders a selection of educational materials, innovative trading tools and daily updates to help expand their understanding of various financial markets and to improve their online trading skills.

With AvaTrade you can trade with confidence knowing that they are regulated in an impressive range of jurisdictions by some top-tier regulators.

Pros
  • Great selection of stock CFDS for trading long or short
  • Lots of financial instruments from other asset classes offered
  • Ultra-low spreads with commission free trading
  • User friendly trading platforms for web, desktop and mobile apps
  • Innovative trading tools for professional market analysis
  • Trading academy packed with quality content
  • Flexible account funding options for everyone
  • Self-directed trading and copy trading platforms
  • Free demo trading accounts
  • Excellent customer service
  • Award winning stock broker
Cons
  • Inactivity fees may apply
  • Cannot accept traders in the USA
  • No variable spread accounts
  • Minimum deposit of $100
  • CFD stock trading only

IG

Founded in 1974, IG are an absolute juggernaut in the online brokerage world. They are by far one of the biggest online brokers and easily make it into out best stock brokers. This is evident for the numerous awards that they have been honored with over the years for their brokerage services.

We consider them to be a top choice for stock traders located in the USA especially considering they are one of the few stock brokers who actually facilitate clients in the USA.

IG provide access to a huge range of over 18,000 markets with low margins and competitive commission on a wide range of popular global stocks. You can trade more international share CFDs than most will ever need access to with this broker. They have everything you need to speculate on price and go long or short on a wide range of popular UK, US and international stocks.

In addition to stocks trading, they have other markets you can trade online including forex, commodities, cryptocurrencies, bonds, precious metals, energies and more.

Not only do they have one of the largest product ranges we have seen from any online broker, IG provides have a generous selection of powerful trading platforms, advanced trading tools, and educational materials.

IG have industry leading trading conditions that includes competitive trading fees, tight spreads and reliable trade execution speeds. The broker sources prices from multiple venues to make sure that they give you the best prices available.

IG Platforms & Tools

IG have trading platforms for desktop, web and mobile devices. You can enjoy seamless trading with the browser-based platform and trading apps for when you are on the go.

IG clients can choose from an excellent range of advanced yet easy to use trading platforms, including their proprietary trading platform, ProRealTime (PRT), L2 Dealer, and the popular MetaTrader 4 (MT4) platform.

IG also have a vast array of additional trading tools to support traders with their daily activities. Some of the trading tools provided include trading alerts, trading signals, Autochartist, PIA-First, and automated trading tools.

When it comes to platform diversity, features, functionality and usability, we certinaly consider IG to be one of the best stock brokers we have researched.

IG Research & Education

Not only do IG have excellent trading platforms and tools, they have an absolute plethora of educational and research resources. There is something for traders of all different experience levels and trading styles. Whatever your stock trading background, chances are that you will find something to further improve your skills and knowledge of the stock market.

There is the IG Academy which includes interactive courses, videos, webinars, seminars, stock trading guides, stock trading strategies and a handy glossary of terms. The IG Academy App can be used for learning whilst on the go and has enough content for even the most novice of stock traders.

IG Trading Accounts

IG have trading accounts with different features and requirements to suit the demands of a wide variety of stock traders and investors. You can open an account with a minimum deposit of $250 which is not the lowest but they do provide free demo accounts if you want to give them a try before making a commitment. The primary difference between each of the account types are the features offered along with the fees.

The account types offered by IG are as follows:

  • IG Trading Account
  • IG Professional Account
  • IG Options Trading Account
  • IG Turbo24 Trading Account
  • Limited Risk Account
  • Share Dealing Account
  • Swap-free Account
  • Exchange Account (NADEX)
  • Islam-friendly Swap-free Account on request
  • Demo Practice Accounts

IG Account Funding

IG offer clients a choice of convenient account funding options for making quick deposits and withdrawals. You can fund your brokerage account to trade stocks online via bank wire, credit or debit card, and online payment processors inlcuding PayPal.

IG Customer Service

The broker’s customer support team can be contacted from Saturday 8 a.m. to Friday 10 p.m via email, phone, and online chat.

IG have a big support team with the knowledge to answer all of your stock trading questions. Whether you have a general, technical or account related questions, the team are available and happy to provide top class support. The brokers multilingual support can be reached via email, phone, and online chat. They are available from Saturday 8 a.m. to Friday 10 p.m. I have always found them to be very helpful and go above and beyond to solve my queries.

IG Regulation

The IG Group is strictly regulated in multiple jurisdictions and listed on the London Stock Exchange (LSE). Along with AvaTrade, they have one of the most impressive list of regulators we have seen from any of the stock brokers that we have reviewed.

This emphasises the size of IG and can help to give investors that peace of mind they are using a stock broker which can be trusted and must adhere to strict rules and regulations.

IG is a brokerage brand used by many affiliates of the IG Group in different parts of the world, so they are regulated by financial authorities in many countries, including:

  • UK – Financial Conduct Authority (FCA)
  • USA – Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA)
  • Europe – Federal Financial Supervisory Authority (BaFin)
  • Switzerland – Swiss Financial Market Supervisory Authority (FINMA)
  • Australia – Australian Securities and Investment Commission (ASIC)
  • New Zealand – Financial Markets Authority (FMA)
  • Singapore – Monetary Authority of Singapore (MAS)
  • Japan – Japanese Financial Services Authority (JFSA)
  • South Africa – Financial Sector Conduct Authority (FSCA)
  • UAE – Dubai Financial Services Authority (DFSA)

IG Review Summary

After reviewing and comparing hundreds of stock broker over thousands of hours, IG easily made it into our list of the best stock brokers. They have a huge range of stock instruments available to trade online via some of the best trading platforms with a vast array of trading tools to improve efficiency.

In addition to this, the broker has an abundance of educational materials, great selection of account types, support for multiple account funding methods, regulation in multiple jurisdictions and excellent customer service.

IG are one of the few brokers we have reviewed that offer online stock trading to USA traders and have also won multiple awards for their brokerage services.

Pros
  • Advanced trading platforms for retail and institutional traders
  • Extensive range of over 18,000+ trading instruments
  • Tight spreads, low fees and reliable execution speeds
  • IG academy packed with educational content
  • Free premium tools for stock market analysis
  • Large choice of account types for all types of strategy
  • Free demo accounts to practice your stock strategies
  • Various convenient account funding options
  • Winner of numerous stock brokerage awards
  • Excellent multilingual support
Cons
  • Could offer some more account funding options
  • Inactivity fee after 2 years
  • No MetaTrader 5 platforms
  • Minimum deposit of $250 is not the lowest

Pepperstone

Pepperstone make it into our best stock brokers list. They are one of the most popular online brokers for many reasons. The Pepperstone Razor account offers some of the best trading conditions available to retail traders with superior trade execution speeds, tight spreads and competitively low commission fees.

Pepperstone offer hundreds of financial instruments across global markets including forex, CFDs and cryptocurrencies. There is 60+ top-quality stocks on offer, including Amazon, Boeing, IBM and Exxon. These assets are available to trade via flexible, powerful and user-friendly online trading platforms for desktop and mobile devices.

Traders can access a wide range of companies, such as Apple, Alphabet, Tesla and Alibaba, and take advantage of reporting season with after-market trading hours. They are one of the few stock brokers offering extended market hours on US equities. This includes when earnings are typically released so that you can take a position before the next day’s open.

Pepperstone have also won multiple online broker awards over the years, including awards for customer service, client satisfaction, value for money and more. I have had an account with them for many years and find them to be one of the best brokers all round when it comes to trading online.

Pepperstone Platforms & Tools

Pepperstone offer online stock trading via the powerful and intuitive MetaTrader 5 (MT5) platform for desktop and mobile. MT5 is for traders who need advanced financial trading functions and superior tools for analysis. For those new to MetaTrader, MT5 is one of the easiest platforms to understand.

To add stock CFDs to your trading portfolio, you can open a Pepperstone MT5 account and select stock CFDs from your market watch window. This will display real time price quotes of all the stocks which you can then trade on the user-friendly platform.

The platform has an abundance of useful trading tools built in which you can use to conduct in-depth analysis of all the stocks that you wish to trade. There is an economic calendar so you can keep up to date with the latest news that can move the stock market. The broker also offers clients the excellent Autochartist technical analysis tool free of charge.

The MT5 platform has many technical indicators and drawing objects to help spot stock trading opportunities on charts that you can view in different styles and timeframes. Whatever your trading strategy, the platform can be customised to suit your individual stock trading needs.

Pepperstone Research & Education

In addition to industry leading trading platforms and tools, Pepperstone supply client with a variety of educational materials to help increase your trading knowledge and skills thus ensuring they are supporting traders in making informed decisions. There is a range of stock trading guides, webinars and thorough market analysis.

Pepperstone Trading Accounts

The Pepperstone brokerage accounts give you access to some of the best trading technology that is commercially available to retail and institutional clients. This includes deep liquidity pools and interbank pricing which helps to ensure that the broker can process large trading volumes with minimal slippage at the best possible prices.

Stock traders from all around the globe can benefit from low cost trading, superior execution speeds and tight spreads. There are accounts to cater to each investment size and specific requirements. Professional stock traders can apply for the professional account which comes with some added benefits such as the ability to trade with higher leverage.

The minimum account size required by the broker is $200. You can choose between commission free accounts or opt for the Pepperstone Razor account that has some of the tightest spreads with a small commission charge.

You can choose to open a free demo trading account if you would like to practice trading stocks online until you feel confident enough to open a real account. They also have Islamic accounts for Muslim traders that are swap free and comply with Sharia law.

Pepperstone do offer Islamic accounts that comply with Sharia law and can cater to clients with significant trading volumes. If you are such a trader then Pepperstone has a vast amount of liquidity providers to help ensure that your large trading volume will be executed with minimal slippage and at the best possible prices.

With Pepperstone you can also quickly setup a free forex demo trading account to practice your trading strategies with virtual funds until you feel confident enough to open a real account.

Pepperstone Account Funding

Not only do Pepperstone have a variety of account types, they also have a generous selections of account funding options which can meet the needs of most traders. The funding methods include bank transfer, credit/debit card and convenient e-wallets such as Skrill, Neteller and UnionPay.

Pepperstone Customer Service

Another key reason we consider Pepperstone to be one of the best stock brokers is that they have an award-winning customer support team who you can reach 24 hours a day via phone, chat and email. The support team are multilingual and able to answer all of your general, technical and account related questions in a prompt, friendly and accurate manner.

Pepperstone Regulation

Pepperstone are authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the Australian Securities and Investment Commission (ASIC). This strict regulation can give traders protection and peace of mind that they are using a safe and secure online broker who must follow strict rules and regulations in place to protect investors.

Pepperstone Summary

Pepperstone is a very well established and respected brokerage that has offered stock trading to a global clientele for many years. They can provide the average retail stock trader with institutional grade trading without the usual complexities that can be involved to implement such technology. The brokers fees, spreads and execution speeds are amongst the best in the industry.

In addition to some of the best stock trading conditions, clients also get free access to powerful trading platforms, tools, educational resources, market analysis, variety of account types, multiple funding options and award-winning support.

Pros
  • Good selection of CFD stock instruments
  • Low trading fees and rapid trade execution speeds
  • Superb stock trading platforms packed with robust tools
  • Free premium trading tools for complex stock market analysis
  • Social trading platforms including DupliTrade and Myfxbook
  • Good variety of educational resources including guides and videos
  • No restrictions imposed on your stock trading strategies
  • Multiple quick and easy account funding options
  • Free demo trading accounts
  • Award winning customer support
Cons
  • Primarily CFD trading instruments offered
  • Do not have a proprietary trading platform
  • Cannot accept traders in the USA
  • Minimum deposit of $200 is not the lowest
  • Limited stock instruments compared to some brokers

IC Markets

IC Markets make it into our best stock brokers list for offering online stock trading on over 100 large-cap Stocks CFDs across the ASX, NYSE and NASDAQ stock exchanges with superior execution and tight pricing exclusively on the IC Markets MetaTrader 5 platform.

IC Markets single stock CFD give traders the ability to trade the world’s most popular companies such as Apple or BHP Billiton. You can access local and international shares of the world’s exchanges with IC Markets.

The broker has listed the most popular stocks across the Australian and US markets to give you the best trading opportunities. Alternatively, you can trade global macro themes with their special selection of US Exchange listed CFDs including a range of emerging markets Indices and popular such as the VanEck Vectors Gold Miners (GDX).

Stocks are available exclusively on the IC Markets MetaTrader 5 platform which offers advanced functionalities for both new and experienced traders who require world class execution and superior charting tools.

IC Markets Platforms & Tools

IC Markets provide online stock trading via the powerful and popular MetaTrader 5 (MT5) platform developed by MetaQuotes. MT5 is a multi-asset platform suitable for trading in the Forex, Stocks and Futures markets. Such versatility provides traders with a full selection of trading tools for an efficient and pleasurable trading experience on any financial market. It is freely available to IC Markets clients and is compatible with desktop and mobile devices.

MT5 implements advanced charting technology coupled with sophisticated order management tools that can help you to monitor and control your positions quickly and efficiently. The powerful platform is packed with an abundance of features that can help to deliver an exceptional trading experience.

In addition to some of the best stock trading platforms, IC Markets have partnered with technology companies in order to offer clients innovative tools including depth of Market (DOM), inbuilt spread monitoring, ladder trading, automated close of trades with custom order templates, and more.

IC Markets stock trading tools and apps can assist you with conducting in-depth market analysis and help to improve the overall trading experience. They have economic calendars for you to keep up to date with the latest stock market news, price alerts to notify you as required, technical indicators for identifying stock trends, market data, virtual private servers and much more.

IC Markets Research & Education

IC Markets clients get free access to a range of useful educational resources that includes trading guides and video tutorials for traders of all experience levels. These are geared towards supporting informed trading and cover a range of topics related to online stock trading such as how it operates, technical and fundamental analysis, market influences, trading platforms and more.

IC Markets Trading Accounts

You can open a brokerage account to trade stocks online with IC Markets from a deposit of $200. The account come with a generous 10 different funding currencies and flexible leverage. MT5 is available on both of the IC Markets account types: Raw Pricing and Standard.

The primary differences between the account types are the commissions and spreads that they have. The raw pricing account has tighter spreads with a small commission fee whereas the standard account has spread mark-ups but no commission fee. The account type that you opt for may depend on the assets that you wish to trade along with your trading strategies.

The ECN accounts offered by IC Markets can connect traders with over 50 liquidity providers (LP’s) which gives a deep pool of liquidity for superior pricing and trade execution speeds for traders of all different back grounds.

There is also an option to open a demo trading account with this broker and practice trading stocks online until you familiarise yourself with the platform and feel confident enough to open a real account. IC Markets offer Islamic swap free accounts that comply with Sharia law for Muslim traders.

IC Markets Account Funding

IC Markets have a selection of convenient methods for making deposits and withdrawals to and from your trading account including wire transfer, credit/debit card and online payment processors such as Neteller, PayPal and Skrill. Wherever you are in the world or whatever your preferred method, there is likely to be a funding option suitable for everyone.

IC Markets Customer Service

IC Markets have a multilingual support team on hand to answer all of your questions 24 hours a day 7 days a week, via phone, chat and email. We find them to always give prompt and accurate responses to all of the questions we have.

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investment Commission (ASIC). As an ASIC regulated entity, IC Markets is required to meet strict financial standards, including capital adequacy and audit requirements.

IC Markets acknowledges the importance of compliance with all relevant laws, rules, regulations, policies and standards. The broker is committed to having strict management discipline and first-class controls in their compliance environment.

IC Markets holds client money in client segregated trust accounts with Australian banks in Westpac and National Australia Bank (NAB). All client money is managed in accordance with the Australian Client Money Handling rules and held separately to IC Markets company funds. Client money is not used for any purpose other than to facilitate clients trading activity.

This strict regulation can help to give traders the peace of mind that you are using an online stock broker which must comply with strict regulatory requirements.

IC Markets Summary

IC Markets are one of the leading online stock brokers that have been providing stock brokerage services to clients all over the globe for many years. They are under strict regulation and have some of the best trading conditions available to retail and institutional traders alike. This includes tight spreads, low commissions and vast liquidity pools to ensure trades get filled with minimal slippage at the best possible prices.

The broker offers powerful and flexible trading platforms, trading tools, multiple account types, convenient account funding options, educational resources and excellent 24/5 support. I have held a few accounts with IC Markets over the years and have always found them to have excellent trading conditions and top-class support. There has never been any issue with withdrawals, all of which have been processed in a timely manner.

Pros
  • Powerful stock trading platforms for all of your devices
  • True ECN brokerage model delivers excellent trading conditons
  • Institutional grade liquidity with over 50 liquidity providers
  • Low fees, tight spreads and rapid execution speeds
  • Excellent stock trading tools for comprehensive market analysis
  • Different account types for every type of trader
  • Educational materials to help beginners get up to speed
  • Various convenient deposit and withdrawal options
  • Free demo trading accounts
  • Superb 24/7 support
Cons
  • Do not have a proprietary trading platform
  • Trading products can vary depending on your location
  • Minimum $200 deposit is not the lowest
  • Could add some more standalone tools
  • No fixed spread accounts

XM Group

XM Group are one of our best stock brokers for trading stocks online with low spreads, low fees and a no re-quote policy which ensures some of the best trade execution speeds possible.

They offer a very impressive selection of over 700+ stock CFDs for trading short or long and more than 1,000+ trading instruments overall. In addition to stocks they also offer markets including forex, commodities, metals, energies, cryptocurrencies and more.

XM Group are considered a trusted global brokerage as they are regulated by some of the top regulatory authorities in multiple jurisdictions. They have been recognised as one of the best stock brokers having won multiple awards for their online brokerage services including for offering the best trading platforms which can be used on desktop, web and mobile devices (iOS/Android).

XM Group clients have access to an extensive range of research and educational resources including seminars, webinars, trading tools and in-depth market research. This can help you to improve your trading knowledge and skills. There are also daily live trading sessions from Monday to Friday where you can learn from professional traders.

XM Group Platforms & Tools

You can trade stocks online with XM Group via the MetaTrader 4/5 platforms for desktop, web and mobile. The web version can run directly in most modern web browsers without needing to download or install any additional software. The mobile version can run on iOS and Android devices which makes it a popular choice for those who want to trade stocks whilst on the go.

The free to download MetaTrader is widely regarded as being one of the most intuitive online trading platforms and is used by millions of traders all over the globe. It is user-friendly which makes it a common choice for beginners whilst there are enough advanced functionalities for the more experienced traders.

The platform is packed with features to help you with your daily stock trading activities. This includes a plethora of built-in tools to analyse real time prices of over 1,000+ stocks and manage your positions in a quick and easy manner.

XM Group Research & Education

In addition to some of the best stock trading platforms and useful trading tools, the broker also grants clients with an abundance of free educational materials. Amongst these you will find trading guides and video tutorials to help improve your trading knowledge and skills. They also offer detailed stock market analysis which can help to inspire potential trade opportunities.

XM Group Trading Accounts

In order to trade stocks online with XM Group, you can choose between a variety of brokerage accounts depending on your individual requirements. Every account will give you access to multiple trading instruments, platforms, tools and other resources.

XM Group offer the micro, standard, ultra-low and zero accounts. The primary difference between the account types are the spreads and commissions. The zero account will tend to have the tightest spreads with a low commission whereas the other accounts have no commission but a small spread mark-up. The account type that you opt for can depend on your particular stock trading strategy.

The brokers minimum account deposit starts from just $5 whilst the minimum position size is 0.01 lots. This makes them easily accessible to traders of all investment levels.

There is the option of a free demo trading account if you would like to practice trading stocks online and test out the brokers services in the process. XM Group can also provide swap free accounts that comply with Sharia law making them a Muslim friendly broker.

XM Group Account Funding

XM Group have a range of ways to fund your stock trading account. The broker accepts credit and debit card, wire transfers and online payment gateways that include Skrill, Neteller and UnionPay. There is likely to be a quick and convenient accounting funding method for stock traders around the globe.

XM Group Customer Service

The broker has a large team of over 450 employees and offer multilingual support 24 hours a day, 5 days a week. The friendly and knowledgeable customer service team can be reached via phone, live chat and email. From our experience, they are very prompt and polite with their responses.

They have clients in almost 200 countries who rely on the excellent customer support that the broker provides. This helps to reiterate XM Groups position as a globally renowned stock broker.

XM Group Regulation

XM Group is regulated by some of the most respected regulatory authorities including the Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct Authority (FCA). They are also regulated with the International Financial Services Commission of Belize (IFSC).

Strict regulation means that the broker must implement rules and procedures that are put in place to help protect investors. Most professionals would only ever consider a regulated brokerage such as XM Group due to the fact that you have more protection in the unlikely event that something was to go wrong.

XM Group Summary

XM Group are easily considered as one of our best stock brokers for numerous reasons. Primarily because they offer top class stock brokerage services to stock traders worldwide with low costs, tight spreads and deep liquidity pools for superior trade executions speeds. They have a very impressive range of over 1,000+ financial instruments available to trade.

You can trade stocks on powerful and intuitive platforms with an array of tools to assist you with your analysis of the stock market. The broker also supplies clients with educational materials and analysis to help you get the most out of your trading activities.

XM Group are a multi-regulated broker with a variety of different account types and convenient funding methods. The support team is available 24/5 with personal account managers available should you need require.

Pros
  • Intuitive and versatile trading platforms and apps
  • Excellent selection of stock CFDs
  • Trade stocks short or long
  • Lots of robust trading tools
  • Expert market analysis
  • Good educational resources
  • Tight spreads, low fees and no-requotes policy
  • Good choice of account types
  • Convenient account funding options
  • Min deposit of just $5
  • Free demo trading accounts
  • 24/5 customer support
Cons
  • Cannot accept traders in the USA
  • Inactivity fees may apply
  • Only provide the MetaTrader platforms
  • No fixed spread accounts
  • Do not provide 24/7 support

XTB

XTB offer superior execution on a reliable, award-winning platform, being one of the largest stock exchange-listed stock CFD brokers in the world – dedicated to helping you at every stage of your trading journey. You can trade thousands of stock CFD instruments long or short on the award-winning station 5 trading platform with very good trading conditions including quick trade execution speeds, tight spreads and low commission fees.

Pros
  • Award-winning xStation trading platform
  • XTB is one of the largest stock exchange-listed FX brokers in the world
  • Trade over 2,100 global markets: Forex, Indices, Commodities and Shares
  • Tight spreads and rapid trade execution speeds
  • Commission free trading
  • Multiple deposit and withdrawal methods
  • Dedicated personal account manager
  • Excellent trading academy for beginners
  • Live market commentary
  • Powerful trading tools
  • Minimum $1 deposit
  • Fast and highly qualified support available 24/5
  • Islamic accounts
  • Free demo accounts
Cons
  • Inactivity fees
  • Funding fees
  • No MetaTrader platforms
  • No support for crypto funding
  • Cannot accept traders in the USA

City Index

City Index is a one of the world’s leading trading brokers offering over 12,000 markets to traders worldwide. They have over 35 years of experience, offering fast and reliable trade execution speeds, tight spreads and award-winning trading platforms. You can open a City Index trading account and speculate on thousands of global shares like Tesla, Amazon and Apple as a CFD trade or spread bet if you are in the UK.

Pros
  • User-friendly trading platforms
  • Huge selection of financial instruments
  • Tight spreads and fast execution speeds
  • Commission free trading
  • Large selection of trading tools
  • No deposit/withdrawal fees
  • Trading Central research tool
  • Expert market analysis
  • Real-time financial news from Reuters
  • Free trading signals
  • Dedicated client relationship manager
  • Educational trading academy
  • Free demo trading accounts
  • 24/5 customer support
Cons
  • Certain features restricted depending on your location
  • Inactivity fees if you do not trade for a sustained period of time
  • No Islamic accounts available
  • Limited digital wallet funding options

Swissquote

Swissquote is a leading online broker with multiple regulations, a large range of trading instruments, competitive spreads and zero commissions. They offer powerful and user-friendly trading platforms, flexible account types, advanced trading tools and educational materials. Swissquote has a very large selection of trading instruments, including an impressive 8,500+ individual stocks based on shares of AU, US, CA, UK and EU companies. I think they have a good selection of indices based on baskets of different blue-chip stocks. They have over 800+ ETFs based on exchange-traded funds containing various tradable assets.

Pros
  • Powerful trading platforms for all of your devices
  • Large range of trading instruments to choose from
  • Commission free trading accounts
  • Competitive spreads and quick execution speeds
  • Excellent Autochartist tool provided free of charge
  • Exclusive in-depth market research to help inspire ideas
  • Daily and weekly market analysis from experts
  • Free demo accounts
  • Islamic swap-free accounts
  • Good customer service
Cons
  • Minimum $1,000 deposit not the lowest
  • Limited choice of account funding options
  • No fixed spread accounts
  • Cannot accept traders in the USA

Capital.com

Capital.com is a regulated online broker serving clients all over the globe. Through their award-winning platform, you can trade stocks of some of the biggest companies around the world. There are up to 2,000 stocks available on the platform. You can take advantage of competitive spreads, zero commission fees and fast trade execution speeds. They also have a wide range of trading tools and an impressive collection of highly rated educational materials provided free of charge. These can be great to help with market analysis so that you can make informed trade decisions.

Pros
  • Proprietary desktop platform and trading app
  • Good selection of CFD instruments
  • Reliable trade execution
  • Zero commission fees
  • Great choice of funding options
  • Investmate educational app
  • Competitive fixed spreads
  • Free demo accounts
  • Minimum deposit of just $20
  • Swap-free accounts for Muslim traders
  • Excellent customer support
Cons
  • The MetaTrader platforms are not available
  • Not the lowest spreads as they have a mark-up
  • Cannot accept traders in the USA

Saxo Bank

Saxo Bank offers access to an extremely impressive selection of over 40,000+ instruments – across asset classes – to trade, hedge and invest from a single account. You can choose from popular products such as Stocks, Forex and CFDs, along with futures, ETFs, bonds, mutual funds, forex options and listed options. Whether you want to invest in cash products, trade with leveraged products or let the experts manage your money, there is something for everyone to trade. You can access a great range of 19,000+ stocks across core and emerging markets on 37 exchanges worldwide, with the same Saxo Account. They have advanced stock trading platforms with prices that are very competitive. They also provide daily market analysis, powerful trading tools, educational materials and managed portfolios.

Pros
  • Access to trade a great range of over 42,000 trading instruments
  • Low spreads and rapid trade execution speeds
  • Very competitive trading conditions and commission fees
  • Modern trading platforms which are swift and replete with essential tools for traders
  • Market analysis from a team of analysts known as SaxoStrats
  • Abundance of powerful trading tools for indepth market analysis
  • API connectivity for institutional trading conditions
  • Third-party tools including TradingView, MultiCharts & Dynamic Trend
  • Managed portfolios
  • SaxoSelect trading strategies
  • Saxo rewards programme
  • Multilingual 24-hour customer support
Cons
  • They do not accept traders from some countries
  • Minimum $500 deposit is not the lowest
  • Perhaps overwhelming for beginners
  • Inactivity fees if you do not trade enough

Conclusion

Here you will find our best stock brokers, based on thousands of hours of extensive research, testing and analysis across hundreds of brokers. Upon conclusion of each of our broker reviews, we have assigned each broker with a rating.

Some of the most important factors that contribute towards a good broker for trading stocks online have been considered including things such as the available stocks, other financial instruments, platforms, apps, tools, execution, liquidity, fees, education, funding options, regulation, customer service and more.

Each of our chosen stock brokers have undergone and passed our stringent broker reviews with flying colours, based on what we consider to be amongst the most important considerations when choosing a stock broker for trading online. These brokers are well-established within the online trading industry, providing top stock trading conditions to traders and investors of all experience levels.


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