5 Best Stock Brokers in 2021

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Affiliate Disclosure DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

As more and more brokers come to offer trading in individual stocks, our experts have selected the best 100 and then assessed them all in terms of the scope of their respective offerings. Then we narrowed the list down to the best 5 online stock trading brokers, which we present to you here.

1
FXTM
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best all around broker
High floating leverage + fast execution
2
FP Markets
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
ECN-style trading
Daily market research and Autochartist access
3
AvaTrade
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
High level regulation in multiple jurisdictions
Impressive range of tradeable assets including vanilla options and gold options
4
Plus500
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best platform for new Forex traders
Trailing stop losses
5
Markets.com
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Marketsi strategy builder helps traders trade smarter
Competitive trade execution with low slippage

FXTM
5.0/5 in this category
In Summary
Best all-around: high floating leverage + fast execution

We have made FXTM our top-rated broker because in addition to its lengthy track record, it enjoys a very high level of regulation and reputation, and it offers a highly competitive fee structure which tends to keep down the cost of trading.

Unique Features

Headquarters

Cyprus

Regulation

CySEC, FCA, FSC, CMA

Year Founded

2011

Type of Broker

Instant/Market Execution

Minimum Deposit

$10

Maximum Leverage

Flexible

Type of Platform

MetaTrader 4, MetaTrader 5

FXTM, or “ForexTime”, has been around for a long time: they were founded in 2011. Recent years have seen them continue to steadily expand their business, and they are well- regulated by the U.K., Cyprus, Mauritius, and South Africa. The brand is owned by private companies incorporated in the U.K., Cyprus, and Mauritius. Customers of FXTM have access to more than 57 Forex currency pairs and crosses, precious metals, the major energies, equity indices, big cryptocurrencies, and a few individual American stocks. Talking of stocks, FXTM are quite unique in the area of trading stocks, as they enable direct trading through real legal ownership, not just wrapped as CFDs like almost every other similar brokerage offers.

FXTM offers traders a choice between two of the most popular execution models: customers may open either an ECN-type account, or one that trades by “straight-through processing”. Clients have a straight choice between two trading platforms, with both MetaTrader 4 and MetaTrader 5 on offer.

Through their Mauritius regulator, FXTM offer leverage as high as 1000 to 1. In the U.K. and Cyprus, they are limited by law from offering more than 30 to 1.

If you are looking for a broker with a good copy trading program, it is worth taking a serious look at FXTM’s “FXTM Invest” copy trading program.

FXTM Pros & Cons

Pros

Cons

Excellent client deposit protection

No cryptocurrencies or exotic currencies

 

Low minimum deposit

Low leverage for retail traders

 

Free MT4 add-ons and VPS hosting

Internal withdrawal fees and an inactivity fee

Good educational tools

 

 

FP Markets
5.0/5 in this category
In Summary
ECN trading with leverage up to 1:500

fpmarkets is an Australian brokerage which launched in 2005. Headquartered in Sydney, Australia’s financial capitol, they have carved out a solid niche for themselves as the best Forex / CFD broker enjoying ASIC regulation. Australian regulators are much more relaxed about leverage than their counterparts in the U.S.A., U.K., and the E.U. and so fpmarkets can offer a maximum leverage as high as 500 to 1.

For most traders, the standout unique selling point of this broker lies in the incredibly wide range of tradable assets offered, providing an opportunity to trade over ten thousand individual stocks and shares. These go beyond the typical U.S.A. and U.K. companies and include a good selection of publicly traded shares on the Hong Kong and Sydney exchanges, as you might expect from an Australasian-facing broker like fpmarkets. Also, over 60 Forex pairs and crosses, 11 equity indices, the major commodities, and 5 cryptocurrencies including Bitcoin are also on the menu here.

Unique Features

Headquarters

Australia

Regulation

CySEC, ASIC

Year Founded

2005

Type of Broker

No Dealing Desk

Minimum Deposit

$100

Maximum Leverage

1:500

Type of Platform

MetaTrader 4, MetaTrader 5, IRESS

They offer an unusual hybrid ECN/STP execution model which means that their clients can choose between ECN style of execution giving a very high level of speed, and a “straight through processing” execution style which allows for more “natural” spreads.

Traders can scalp and hedge at this broker, whose fast ECN execution speed makes it a natural home for scalpers. Clients may choose between the MetaTrader 4 and MetaTrader 5 platforms, and shares can be traded through the IRESS trading platform which includes access to level 2 exchange data.

FP Markets Pros & Cons

Pros

Cons

Choice of trading platforms and auxiliary

trading tools

Availability of Iress geographically restricted

Very competitive cost structure and excellent asset selection

Limited commodities and metals selection

Low minimum deposit requirement and

leverage of up to 1:500

 

Well-regulated and trustworthy

 

 

FP Markets is an Australian multi-asset broker with more than $1 billion in daily trading volume, serving clients from 80+ countries. Founded in 2005 in Australia, FP Markets grew into a trusted brand over the past 15+ years with more than 100 employees. The upgraded MT4/MT5 trading platforms, via the Trader Tools consisting of twelve plug-ins, present clients with a competitive edge. We have conducted an in-depth review of this CFD broker to provide traders with a complete overview of the trading environment at FP Markets.

FP Markets Snapshot - ECN trading with leverage up to 1:500 

Headquarters

Australia

Regulation

ASIC, CySEC

Established

2005

Execution Type

No Dealing Desk (NDD)

Minimum Deposit

$100

Maximum Retail Leverage

1:500

Trading Platform(s)

MT4, MT5, Iress (proprietary)

AvaTrade
5.0/5 in this category
In Summary
Highly regulated, choice of fixed or floating spreads

AvaTrade was founded in 2006 in Dublin, Ireland. They are one of the largest and most famous Forex / CFD brokers in the world and became well-known for offering their clients a choice of fixed or floating spread cost of trading models. They enjoy an extremely high and strong level of regulation, making them a favorite for traders who are extremely nervous about the security of their deposit, which in Ireland can be protected by a strong investor deposit protection provision. AvaTrade is directly regulated in Ireland (and by extension, the European Union), Australia, Japan, South Africa, and the British Virgin Islands. Outside the European Union, Ava’s maximum leverage offered runs as high as 400 to 1.

Unique Features

Headquarters

Ireland

Year Founded

2006

Type of Broker

ECN/STP

Minimum Deposit

$100

Maximum Leverage

1:400

Type of Platform

MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based

In addition to their longevity and safe reputation, clients know that through AvaTrade they have access to a broad range of asset classes through which diversification can be achieved successfully: AvaTrade offers trading in over 55 different Forex currency pairs, 17 commodities, 20 equity indices, 14 cryptocurrencies, plus 66 individual stocks and shares. Even better, and unusually, 2 bonds and 6 ETFs are also on the menu. The diversity offered here stands out.

Whether you are located within the European Union or not, all branches of AvaTrade will offer you negative balance protection, above and beyond what is mandated by the law. This means that under no circumstances will any client of AvaTrade ever be held liable by the firm for an amount larger than their deposit.

 

AvaTrade Pros & Cons

Pros

Cons

Well-regulated globally, with the Bank of Ireland, the primary regulator

Low leverage for retail traders

 

Low minimum deposit and in-depth educational tools

High quarterly inactivity fee

 

Wide asset choice across seven sectors

Unacceptable cost for AvaProtect

 

Superior mobile trading platform

 

 

Plus500
4.5/5 in this category
In Summary
Wide range of CFDs + trailing stop losses

Plus 500 offers a wide choice of Forex pairs and non-Forex assets as commission-free CFDs. While this broker neither supports automated trading solutions nor social trading, manual traders have a clean user-interface, guaranteed stop-loss orders at an additional cost, alerts on price movements, and a trader sentiment indicator. This FTSE 250 listed broker maintains a safe and secure trading environment and offers a wide range of equity CFDs and an extensive selection of options contracts, allowing more sophisticated trading strategies. Plus 500 takes an opportunistic approach to Bitcoin and cryptocurrencies, offering a choice of 14 crypto pairs for traders.

Unique Features

Headquarters

Israel

Regulation

CySEC, FCA, ASIC, FMA, FSB, MAS

Year Founded

2008

Type of Broker

Market Maker

Minimum Deposit

$100

Maximum Leverage

1:30

Type of Platform

Proprietary platform, Web-based

Traders using smartphones or tablets will feel at home at Plus 500, where a report suggests mobile devices account for over 40% of all executed trades. Plus 500 does not offer in-house research and does not source it from third-parties, while the limited educational content is below average. It does maintain a News and Market Insights section, where it uploads commentary several times per week, but not necessarily daily. Despite its few shortfalls, it remains a highly ranked CFD provider on Google Play and Apple App Store, particularly with millennial traders.

 

Plus500 Pros & Cons

Pros

Cons

Well-regulated globally

Low leverage for retail traders

 

Broad asset selection in equities and options

Sub-standard trading platform without support for automated or social trading

Guaranteed stop-loss order

No research and limited, below-average educational content

 

Lack of trading tools

 

Markets.com
4.5/5 in this category
In Summary
Excellent educational offerings

Markets.com, part of UK-publicly listed and FTSE 250 constituent Playtech PLC, offers traders one of the most trusted, secure, and competitive brokers. It operates four subsidiaries regulated in the UK, Cyprus, Australia, and the British Virgin Islands, with the latter two presenting the best trading conditions. Markets.com serves traders via Marketsx and investors through Marketsi. Besides its proprietary trading platform, Markets.com deploys the MT4 and MT5 trading platforms. Traders also have access to fourteen quality trading tools, consisting of sentiment, technical, and fundamental indicators. They provide clients of Markets.com with a notable competitive advantage.

Unique Features

Headquarters

South Africa

Regulation

FCA, ASIC, FSC, FSCA

Year Founded

2008

Type of Broker

Market Maker

Minimum Deposit

$100 for Retail $250 for other account types

Maximum Leverage

1:200

Another benefit at Markets.com remains its asset selection. Forex traders have a choice of 67 currency pairs and 25 cryptocurrency pairs. Equity traders get access to 2,027 equity CFDs, 60 ETFs, and 40 index CFDs. Completing the selection are 28 commodities, 23 in-house created blends (in-house thematic portfolios), and four bonds. Markets.com also provides Forex traders with one of the best commission-free cost structures starting from 0.6 pips on the EUR/USD currency pair. It translates into $6.00 per lot or $12 per round lot. Equity traders pay a fixed commission of $10 or a currency equivalent per side for a total cost of $20 per trade. Other noteworthy advantages include the personalized financial live-stream service XRay, its Investment Strategy Builder, its outstanding order execution statistics, and its transparency.

 

Markets Pros & Cons

Pros

Cons

Excellent trading platforms including MT4 and MT5

Low leverage and higher minimum deposit

High-quality research and education

Limited cryptocurrency assets

Superior trading tools

 

Well-regulated in five jurisdictions and owned by an FTSE 250 company

 

11 Tips to Consider When Choosing an Online Stockbroker

  • Account Security, i.e. the security of your deposit judged on the regulatory position and reputation of the stockbroker. You need to be sure you will get your money back if and when you ask for it.
  • Trading Fees (spreads, commissions) are not the only determining factor you should consider when choosing an online stock trading broker, but you should not be paying more than the industry average unless you are getting access to some service which gives you a special benefit.
  • Choice of stocks and shares to trade.
  • Account minimums – some brokers will not let you open an account without a minimum cash deposit. Can you afford the minimum deposit required by your first-choice stockbroker?
  • Other fees, such as overnight financing, inactivity fees, and withdrawal fees which may be charged. These are always worth checking.
  • Speed of order execution
  • Market research (not usually very important)
  • Customer service
  • Free trading tools
  • Retirement / investment account options (tax compliant)
  • Banking options

 

Top Features of the Best Stockbrokers for Beginners

In many ways, the best online stock trading brokers for beginners are the same as the best for everyone else – safety, regulation, and the cost of trading being basically the same for all clients. However, there are a few special issues which beginners would be wise to consider when choosing a broker:

 

  • Low fees / cost of trading may be especially helpful to beginners, as beginners usually need as much help to profit as possible. Beginners also tend to overtrade which can increase overall costs.
  • Does the broker offer truly good education and market research, or just a gimmick packaged to look like it?
  • Easy, intuitive trading platform.
  • Consistently reliable execution is more important than average execution speed.

 

Daily Forex’s Expert Recommendation for Beginners

FXTM and AvaTrade both offer excellent free demo accounts where you can test their services – and your trading strategies – before investing real money. Test them against each other and see which you like better. We guarantee you won't be sorry!

Daily Forex’s Expert Recommendation for Advanced Traders

Advanced traders will probably be trading larger accounts and are likely to be trading in higher volumes too. More experienced traders will also probably be more interested in trading a wider variety of stocks and can benefit from the provision of advanced trading tools.

For these reasons, we think Plus500 is the most suitable broker for advanced traders looking for an online stock trading broker.

What is a Stockbroker?

A stockbroker is a business which sells and buys stock, or some instrument tied to the value of a stock, to its clients. Online stock trading brokers are a bit unique as they are effectively obliged to return the other side of any transaction initiated by a client once it has begun. This means that if you buy a stock from an online brokerage, they are obliged to let you sell it back to them, and if you sell a stock short, they are obliged to let you buy it back. The timing is up to the client, although online brokers are usually only open for trading in individual stocks during the hours the relevant stock exchanges are open.

Stockbrokers traditionally make their profit from spreads (small differences between the buy and sell price which tend to persist) and/or commissions. However, online retail stockbrokers may also profit from their client’s trading losses when they make the relevant market instead of acting as an exchange or intermediary.

How Much Money Do You Need to Start Investing?

When it comes to how much money you need to start trading with online stock trading brokers, there are two issues to consider.

Firstly, most stockbrokers have a minimum deposit requirement, so you are going to need at least that amount of money to start investing – mind the minimum deposit requirement. Secondly, ask yourself how much do you need to trade stocks successfully given the anticipated win rate of your trading strategy, as well as the minimum position size and margin requirements imposed by your stockbroker of choice?

For example, if you accept that you might have 20 losing trades in a row as a worst-case losing streak, and the minimum trade size accepted by your broker is $50, and you use maximum leverage at 20 to 1, and you will on average lose $20 per losing trade, you will need to plan for a potential loss of $400 (twenty times $20 stake per trade). If you want to aim for a worst-case maximum drawdown of 20%, then you will need to multiply that $400 by five to determine your overall starting account size.

Simply put, it is important to work out your worst-case scenario, decide the biggest account drawdown you are prepared to accept, and then apply that to the terms your broker imposes. It is a good idea when choosing an online stock trading broker to apply this data to each potential broker you are considering, as you will then see which broker is best suited to the amount of money you have available to deposit.

FAQs

Why do investors use discount brokers?

A discount broker is a brokerage which offers its clients the ability to trade assets such as stocks and shares, but which does not also offer ancillary services which are traditionally also provided by brokerages such as market research, investment advice, and estate or even tax planning. Investors use these brokerages because discount brokers can keep their costs down by dispensing with any requirement to finance the necessary cost of these activities, and hopefully pass the savings down to their clients in terms of lower spreads, commissions, and overall trading fees. This is especially logical for clients who feel they either do not require any of the aforementioned supplemental services or cannot afford them as “nice to haves” rather than as “must haves”. It comes down to economy.

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How do I buy stocks online?

While it is possible in theory to buy stocks online from individuals who happen to own them, this is neither practical nor widespread, and potentially runs afoul of several regulatory issues, especially when the stocks being bought are stocks in publicly traded companies. The best way for an individual to buy stocks online is by opening an account with a regulated, registered online stock trading broker, such as FXTM, which is regulated in multiple regulatory jurisdictions. Once the account is open, you can go about buying stocks online from your chosen broker. The broker takes care of ensuring underlying legal ownership is registered in the name of the customer and also all other necessary bureaucracy which is imposed upon any change in ownership in shares of a publicly traded company, with the exception of a few unlikely obligations which might theoretically fall upon the individual client – for example, many countries require special regulatory filings of information by any individual amassing control of over 10% of the entire issued stock of a public company, but this is not going to happen in the case of a private investor in trader who is not already extremely wealthy.

Can I earn interest on a brokerage account?

Yes, you can earn interest on a brokerage account, but this is usually only possible under certain restrictive conditions making it unlikely that most retail stock traders will benefit from it. It is usual for online stockbrokers to stipulate that they will pay interest only to an account which maintains an average positive balance above a certain amount, and then interest is paid only on that amount. For example, one stockbroker currently pays interest only on the amount of average positive balance above $10,000.

An additional obstacle to receiving any meaningful interest on a brokerage account is that although interest rate environments can change from month to month or year to year, for the past several years all developed countries have been operating within a very low interest rate environment. This means that even banks will pay very low rates of interest on savings accounts. So, even if you do qualify to receive interest on a positive balance on your brokerage account, you will receive very little while low base interest rates are in force concerning the currency in which your account is denominated.

Retail stock traders or investors should not be much concerned with earning interest from their brokerage account. Traders or investors looking to earn interest might consider investing in ETF bond funds which effectively pay an interest coupon every month, although this of course involves risk of the price of the underlying fund decreasing in value, so it is more risky than simply receiving interest on principal.

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What is a stock trading fee?

A stock trading fee is any fee that a broker charges a client for trading in a stock: basically, this is any type of fee charged by a discount broker with the exception of account inactivity fees which may be levied by some after a specified length of time has elapsed without a client opening or closing any trades. It can be helpful for a client to look at the cost of all such fees together as a “cost of trading”, as it can then be seen more clearly whether the overall trading service is well-priced.

Stock trading fees are typically made up of the following components:

 

  • Commissions – these are usually flat percentages based upon the cash value of the trade, i.e. the total value of the stocks being bought or sold. Some brokers apply a sliding scale of commissions which decrease as the trade size increases, meaning that proportionately less commission is paid on larger trades.
  • Spreads – brokers will usually offer to sell you something at a slightly higher price than what they will buy it back for you at, even if you sell it back to them immediately within a split second of buying it. This difference between the buy (known as a “bid”) and sell (known as an “ask”) prices is called the “spread” and along with commissions, is the staple basis of the income stream of brokerages.
  • Overnight Financing Fees – with the exception of Islamic trading accounts, or accounts which allow clients to buy direct ownership of underlying stocks, almost every retail online stock brokerage will apply a charge overnight to every account which holds a trade open past the day’s New York close. The charge is essentially justified by the use of leverage, which is effectively borrowing, so you can think of it as an interest charge on money borrowed to buy stocks, where it applies to a long (bought) stock position. Alternatively, if you have sold stocks short, you have borrowed them from the broker and then sold them back to the broker, so you are paying daily interest on the value of the shares which you borrowed in the first place. Overnight financing fees are usually much higher when short positions in stocks are held than when long positions are opened.
  • Negative Dividends – most brokers pay dividends as they are paid by the company to their clients holding long positions in the underlying stocks. This means that if you have sold stocks short, and a dividend is issued, you are liable to pay the value of that dividend to your online stockbroker as part of the loan of the shares the broker made to you. This is not truly a stock trading fee, but it can be an unavoidable cost of making a short trade in stocks if the trade is kept open past a dividend date.

 

Is my money insured?

Clients depositing money with an online stock trading broker want to know if their deposit is insured in case the broker goes bankrupt and becomes unable to return client funds upon receiving a withdrawal request.

The answer varies according to the country in which the broker is based. Generally, if a broker is regulated in a country with good regulation, the regulator is already working hard to ensure that brokers keep client funds strictly separate from their own funds, and to ensure that the broker maintains a minimum amount of capital deemed as likely to be necessary to prevent the broker from becoming bankrupt.

Clients wanting to know whether the national regulator of a broker will insure their deposit or at least a part of their deposit should directly ask the broker about this, as well as whether the broker has arranged any insurance for clients themselves. In the U.S.A. depositors are typically insured to up to $500,000 on most assets, and many stockbrokers have their own excess insurance. Similar insurance is available in the European Union.

What type of brokerage account should I choose?

Some online stockbrokers offer different types of trading accounts, which typically require different minimum deposits, with the accounts requiring larger minimums usually offering lower trading fees or some advanced feature which may be useful.

If you are offered such a choice of account types by your preferred broker, the correct decision for you is certainly going to depend upon your individual circumstances regarding what kind of stocks you want to trade and the anticipated size and frequency of your trades.

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How quickly can I start trading?

Modern online stockbrokers are required to verify proof of identity and secure an initial deposit before allowing a new client to start trading. The good news is that onboarding processes have mostly become so streamlined that taking the first step to open a new account and making the first trade there can often happen in the same day.

Methodology

At DailyForex, we have assembled a team of expert traders who have experience in trading their own money with retail online stock trading brokers to conduct an overall assessment of what is on offer in this space. They examined the 100 most well-established brokerages offering trading in individual stocks, and gave most weight in their assessments of each concerning cost of trading, reliability of execution, and internal and regulatory client protection, while also giving some weight to additional features offered by each broker, mostly concerning ease of use and customer service. The result is a finalized rating for each broker.

Broker Overview

4 Best Online Stock Trading Brokers

FXTM was founded in 2011 and is headquartered in the U.K., Cyprus, and Mauritius. It enjoys a very high level of regulation including by the regulatory authorities of both the U.K. and the European Union, so depositors can feel like they enjoy a high level of security here.

FXTM offers trading in Forex, commodities, equity indices, and of course individual stocks and shares.

Fees are on the low side, especially in the ECN-style account type option if chosen. FXTM also offers its clients access to a unique copy trading program called FXTM Invest.

Most residents outside the U.K. and the European Union are serviced through FXTM Mauritius which makes available a very high level of maximum leverage to those clients wanting to use it.

FXTM offer online stock broking for the top American shares in two different formats: a wide selection of over 120 stocks can be traded as certificates for deposit (CFDs), while 10 stocks can be bought and sold directly without any wrapping of legal ownership. Leverage as high as 10 to 1 is offered.

FXTM’s stock trading fees are acceptable. The trading fees for trading stocks with direct ownership beat FXTM’ direct competitors for the same service. Trading is restricted to the hours when the underlying stock exchanges are open to ensure accurate pricing and deep liquidity.

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FXTM offer outstanding trader tools that includes the mobile app, which is our favorite for active traders.

AvaTrade was founded as far back as 2006 making one of the true pioneers in the online brokerage space. This online stock brokerage has a long track record and well-established, high reputation to protect which is always something which can help traders feel secure.

AvaTrade is headquartered in the Republic of Ireland within the European Union, ensuring that the broker gets a high standard of regulation. AvaTrade is also regulated in five other jurisdictions: Australia, Japan, South Africa, Canada (via Freidberg Direct), and the British Virgin Islands. The British Virgin Islands is used for clients who are not resident in the European Union or any of the aforementioned jurisdictions.

AvaTrade allows trading in over 100 different stocks and shares listed on the NYSE, NASDAQ, FTSE, and certain other major exchanges. The stocks are traded wrapped as CFDs. Leverage of up to 20 to 1 is offered on stock trading.

AvaTrade’s stock trading fees are low. Stocks offered are essentially focused on major market listings in traditional stock markets of interest such as the U.K. and U.S.A. but crucially, a wide enough selection is offered to ensure a reasonable level of diversification can be secured when required by the trader.

AvaTrade has excellent trading tools, including an easy-to-use mobile trading app.

Plus500 was founded in Israel in 2008. Its de facto headquarters is in the U.K. and it is a publicly listed company in the U.K. on the FTSE 250. This broker’s status as a publicly traded company in one of the world’s most well-regulated financial centers gives its clients an extra level of security. Its long track record and good reputation also contribute to the aura of safety here.

Plus500 enjoys a very high level of regulation: it is regulated not only in the U.K. but also in Australia, New Zealand, South Africa, Singapore, and Israel.

Plus500’s stock trading fees are very low, and an extremely wide variety of stocks and shares are offered for trading. Many brokers list only the top one or two hundred of the most highly traded global shares by volume in the major stock market indices, but Plus500 takes it much further, offering more than ten times the variety of most brokers with stocks and shares on the menu.

Although the maximum leverage offered can vary depending upon the trader’s country of residence, the maximum leverage offered by Plus500 is relatively low, at only 5 to 1. However, this is undoubtedly more than enough for any trader who wants to trade stocks.

Plus500’s mobile app is a winner for investors because it is easy to use, packed full of market research, and includes a wide variety of trading tools.

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Huzefa Hamid

Huzefa Hamid is a retail Forex trader with substantial financial market knowledge and derivative products' expertise. He trades currencies, equities, futures, commodities, treasuries and options. Huzefa wrote the Fibonacci retracement levels course for FX Academy, as well as other courses, and is the author of dozens of articles about Forex trading and the online finance industry. Huzefa is an industry researcher and uses technical analysis for trading as he believes that technical indicators offer the cleanest way to predict the future direction of price movements.