Here you will find our best stock trading platforms list, based on thousands of hours of extensive research, testing and analysis across hundreds of stock trading platforms. Upon conclusion of each of our stock broker reviews, the trading brokers team has assigned each stock trading platform with a rating, and displayed our best stock trading platforms on this page.
FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF
Min $250 Deposit
AvaTrade make it into our best stock trading platforms list, offering online stock 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, Facebook, 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, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin, Ripple, Neo, EOS and IOTA.
AvaTrade also offer online traders a selection of educational materials and daily updates to help expand their understanding of various financial markets and to improve their online trading skills. 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.
With AvaTrade you can also trade with confidence knowing that they are regulated in an impressive 6 jurisdictions. Strict regulation means that the online broker must abide by rules and guidelines put in place to protect investors. This can help to give stock traders peace of mind that they are trading online with a trusted stock broker.
As an established online brokerage and huge global brand, we are proud to include AvaTrade in our list of best stock trading platforms. To find out more about this broker and why we consider them one of our best stock platforms, you can read our detailed AvaTrade Review.
|75+ stock CFDS for trading long or short||No US clients|
|Other asset classes offered||No variable spread accounts|
|User friendly trading platforms|
|Excellent customer service|
IG easily make it onto our list of the best stock trading platforms. IG are one of the biggest online brokers in the world and are an industry leader when it comes to stock trading online, offering traders around the globe over 16,000+ markets for trading online including Forex, Stocks and CFDs.
IG are regulated in multiple jurisdictions, listed on the London Stock Exchange (LSE) and have won multiple awards over the years. IG clients can take advantage of competitive trading fees, rapid trade execution speeds, tight spreads along with various account and funding options.
The broker provides a selection of easy to use, fully customisable and flexible stock trading platforms that are compatible with desktop computers, laptops, web browsers and mobile devices (iOS & Android). These platforms include IG’s proprietary trading platform, ProRealTime (PRT), L2 Dealer and MetaTrader 4 (MT4). Direct market access (DMA) is available for professional traders who would like to deal directly into the order books of major equity exchanges.
IG also have a generous selection of trading tools to help with market analysis and educational resources to help traders increase their knowledge and skills. They are one of a few brokers who accept US clients and client support is offered around the clock. You can read our full IG Review to find out more of the reasons as to why we consider them amongst the best stock trading platforms.
|Strict regulation||No fixed spread accounts|
|Powerful stock trading platforms for different devices||$250 minimum deposit|
|Competitive stock trading fees|
|Over 16,000+ trading instruments|
|USA traders welcome|
|Useful trading tools to assist traders|
|Large selection of educational materials|
Pepperstone is one of our best stock trading platforms. 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 over 80+ trading instruments across global markets including forex, CFDs and cryptocurrencies. These assets are available to trade via flexible, powerful and user-friendly online trading platforms for desktop and mobile devices.
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.
Pepperstone have also won multiple online broker awards over the years, including awards for customer service, client satisfaction, value for money and more. You can read our full Pepperstone Review to find out more as to why we have chosen them amongst our best stock trading platforms.
|Fast trade execution speeds||No US clients|
|Tight spreads||No fixed spread accounts|
|Low trading fees||$200 minimum deposit|
|Multiple trading instruments|
|Award winning broker|
XM Group are one of our best stock platforms 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 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 stock 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 trading platforms 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 be great for beginners and 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.
For the above reasons amongst many others which you can see within our detailed XM Group Review, we consider them to be one of the best stock platforms available to traders across the globe today.
|700+ stock CFDs||No US clients|
|Trade stocks short or long||No fixed spread accounts|
|Award winning trading platforms|
|Tight spreads, low fees & no-requotes policy|
|Min $5 deposit|
We have included IC Markets into our list of the best stock trading platforms as they offer online stock trading via easy to use platforms for web, desktop and mobile devices. Clients can trade a selection of major stocks with competitive fees and a choice of trading accounts to cater for different levels of investor.
IC Markets have a selection of additional trading tools such as economic calendars, alerts, technical indicators, market data, VPS and more. There are also educational materials such as trading guides and video tutorials. The broker is regulated, supports multiple funding options in 10 major currencies and has multilingual support available 24/5 via phone, chat and email. You can read our full IC Markets Review to find out more.
|230+ trading instruments||No US clients|
|Competitive stock trading fees||No fixed spread accounts|
|User-friendly stock trading platforms||Min $200 deposit|
|Educational materials & trading tools|
Some of the most important factors that contribute towards a good stock trading platform have been considered including the features, stocks available to trade, tools, fees, speeds, ease of use, tutorials, customer service and more.
Having the best stock trading platforms based on our findings listed in one place can help online traders save time when looking for the best stock trading platforms according to their individual online stock trading needs.
Each of our chosen best stock trading platforms have undergone and passed our stringent stock broker reviews with flying colours, based on what the trading brokers team consider to be amongst the most important considerations. These online stock trading platforms are well-established within the online stock brokerage industry, providing top stock trading platforms to online stock traders across the globe.
Following on from our best stock trading platforms, we will now look at what stock trading platforms are used for and some of the most important factors to consider when looking for a reliable stock trading platform.
An online stock trading platform allows traders to access different global markets for speculating on the price movements of various trading instruments. This can include Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, ETFs and CFDs.
In the past, investors and traders would have had to go through an offline stock broker which meant that the markets were less accessible than they are today. As technology has improved over the years, there are now many stock brokerages to choose from. Anyone aspiring to be a successful trader can open a stock trading account with an online broker and gain access to the brokers stock trading platforms for online stock trading from anywhere in the world with an internet connection. Most brokers provide these stock platforms free of charge and for use on desktop and mobile devices.
Through a stock trading platform you can view real time bid/ask prices of various assets and load charts that show the historical and current prices of chosen assets over multiple timeframes ranging from tick to yearly charts. You can add technical indicators to these charts to help identify potential trending and ranging market conditions. These indicators can provide stock trading signals and are often used as part of an overall stock trading strategy that involves technical, fundamental, sentiment and price action analysis. When you find a suitable trading opportunity, you can execute, manage and close your buy or sell position directly through the stock platform.
When you choose an online stock trading platform it is very important to ensure that the stock brokerage providing the platform is regulated by a respected government authority. The most respected regulatory authorities to look for include the Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the United Kingdom.
Investors have more protection when using a regulated broker as they have to conduct business according to strict rules and regulations put in place to protect investors. If a broker claims to be regulated, you can verify this by checking the broker’s license number with the relevant authorities to ensure the regulation is legitimate and up to date.
Each stock broker will offer a range of different markets and trading instruments to trade via their online stock trading platforms. If you wish to trade a particular asset class such as forex, stocks, cryptos, etc, you should check whether the broker offers that market through its platforms. It may also be wise to consider if you plan to diversify your investment portfolio in the future. If so, the more trading products and markets offered by the broker, the easier it could be to expand your portfolio when the time is right.
If you would like to trade particular stocks then you should check that the broker has these amongst its selection of stock trading instruments. Some brokers will only offer US stocks or UK stocks. Other brokers will offer a choice of global stocks.
All stock platforms come with a range of free built in trading tools to assist with your online trading, helping to improve overall efficiency and performance. These can include technical indicators for analysing charts such as a moving average, MACD, Bollinger Bands, RSI, CCI and many more. Some platforms offer fundamental analysis tools such as built in economic calendars to efficiently keep track of the latest market news releases. They may also have trading calculators to help with planning your trades. The more advanced stock platforms will have depth of market (DOM) with level 2 pricing and sentiment tools that show how many traders are buying/selling a particular instrument.
If you require a specific set of trading tools or would like access to as many as possible, you should check what trading platforms the broker offers along with the trading tools included. Some trading tools are stand alone and thus will not be incorporated into the platforms but can still be very useful.
Most stock brokers will provide traders with free online stock platforms although there are some who charge monthly and volume-based fees, usually for specialised trading platforms that have specific features a professional investor may need. That being said, the free stock trading platforms will most likely be sufficient enough for the average retail trader.
In addition to potential fees for gaining access to the brokers stock trading platforms, you should consider other online trading costs. Most online brokerages will charge a commission for placing trades in addition to the spread and overnight swap fee. These costs can vary significantly from broker to broker so it is important to consider the overall costs you will incur and the affect that will have on your money management.
The spread is the difference between the buy and sell (bid/ask) price which can vary depending on the volume of liquidity and quality of liquidity providers that an online broker has. Some brokers offer fixed and variable spread accounts, some will offer commission free accounts but instead mark up the spread to make up for this. In general, the more liquidity that the broker has, the tighter the spreads can be. It is important to account for the spread when planning your stock trading strategy, especially if you are planning on using a scalping strategy.
If you hold a position with your online broker overnight then you will probably need to pay a swap fee. This is an interest fee for the procedure of moving open positions from one day to another, also known as the rollover. This is another cost to factor in to your money management planning. Some brokers offer swap free Islamic trading accounts that conform with Sharia law which allows Muslims to engage in online trading through their platforms.
Along with trading platform, spread, commission and swap fees, most stock brokers will charge additional fees that should be checked and clearly understood. Other fees that are worth considering include withdrawal and inactivity fees.
If you are already familiar with a specific stock trading platform then it could be a good idea to choose an online broker that offers that platform. However, if you have yet to use a trading platform then it may be a good idea to start with a broker that offers a user-friendly stock platform which has plenty of tutorials available to help you learn how to trade stocks online. The MetaTrader 4 (MT4) platform is often considered as one of the most intuitive and easy to use trading platforms which makes it a popular choice amongst new traders.
Nearly all online brokers offer leveraged stock trading via their platforms. Leverage basically means that you can open a position larger than you could without it. If for example you had leverage of 1:50 and a trading account balance of $1,000, you could effectively open a position size of $50,000 (1,000 x 50 = 50,000). Although leverage can increase profit potential, it also increases trading risk and thus, can lead to large losses. It is imperative that you have a thorough understanding of leverage and the significant risks involved before you start trading online. Check the broker offers a leverage that you require via your preferred trading platform.
Some stock brokers also provide traders with educational resources such as videos and trading guides to help them improve their trading knowledge and skills. They may include detailed tutorials on how to use trading platforms which could be helpful for those who are new to online stock trading and need help to familiarise themselves with the different stock platforms available to them.
You will need to make sure that the stock trading platform will run on your computer, VPS or mobile device by checking the specification requirements. Each online brokers stock trading platform will have a minimum deposit requirement which is worth considering.
Each stock broker will offer different options for making deposits and withdrawals to and from the trading platform. Most brokers accept bank wire transfers and credit/debit cards but some traders prefer online payment processors such as Skrill, PayPal, Neteller, etc. Ensure that the trading platform supports your preferred method of funding your stock trading account.
If you have an issue with your stock trading platform that you need help with, it is important that the broker has a prompt and efficient customer service team. Online chat is often the quickest way to speak with someone whilst other options include telephone and email. The more hours the brokerage support team is available, the better. Some run 24/5 whilst others are available 24/7. You should also consider the brokers office locations as they may be in a different time zone to you which could affect the response time. Check that the broker has a method of contacting support that is most convenient for you and available in your language.
Now that you have had a brief overview of what stock trading platforms are and what to look for, you may be considering opening a trading account with an online broker to gain access to their stock platforms. This can be a quick and easy process that requires completing an online registration form. Simply choose a broker, follow the account opening process and you will be able to start trading stocks online through one of their stock trading platforms.