Category: 3. Broker for Intermediate

Get Going and Next Steps

We know it can be tempting to just sign up for whichever brokerage has the most aggressive ad campaign, but successful investing requires attention to detail long before you place your first trade. If you’re looking to make trading a long-term hobby, a future career, or just a means...
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Customer Service

By now, you’ve likely narrowed your options to one or two brokerages that really blow you away in terms of resources, features, and usability. Whether you’ve found your perfect platform or you’re still on the fence, take just a few more minutes to peruse the Help section of the...
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Ease of Depositing and Withdrawing Funds

Especially if you’re investing to supplement your regular income, it’s important to know how easy it is to move money in and out of your brokerage account. If you’re looking to employ a more set-it-and-forget-it strategy, being able to withdraw funds may not be as big of a concern....
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How Well Does the Stock Broker Educate Its Clients?

While a useful and useable trading platform is crucial, you should also take the time to peruse the brokerage’s educational offerings and try out the search function. If you’re a new investor, you need to be able to search for terms you don’t know or find advice on how...
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Test the Broker’s Platform

While any brokerage should have a pretty decent description of what kinds of tools and resources their trading platform offers, sometimes the best way to assess platform quality is to give it a test drive. For brokers that allow you to open an account for free, it may even...
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Figure Out the Fees

While there may be other things that matter more to you than fees, you should start out with a pretty clear idea of how much you’ll pay to use any particular brokerage. For some, a small premium may be justifiable if the platform offers features that its cheaper competitors...
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Narrow the Field

Now that you have a clear idea of what your investment goals are and what basic services you’ll look for in your ideal brokerage, it’s time to whittle down your options a bit. While there are certain brokerage features that will be more important for some investors than for...
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Know Your Needs

Before you start clicking on brokerage ads, take a moment to hone in on what’s most important to you in a trading platform. The answer will be slightly different depending on your investment goals and where you are in the investment learning curve. If you’re just starting out, you...
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Pepperstone

Since opening its doors in 2010, Australia-based Pepperstone Group has emerged as a top-tier player in the online brokerage landscape, building a highly competitive and full-featured trading portal that focuses on forex, shares, indices, metals, commodities and even cryptocurrencies. Pepperstone offers uncomplicated access to the markets which allows the...
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IG: Best for U.S. Traders

IG Group (IG), founded in 1974 by Stuart Wheeler “as the world’s first spread betting firm,” is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) conglomerate that “empowers informed, decisive, adventurous people to access opportunities in financial markets.” Unlike most brokers on this list, IG does...
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