The Three Best Stock Brokers and Trading Platforms in 2020
Are you looking for the best binary option broker? With so many options available on the market, finding the right one is not a simple task. Your choice will depend on the factors which are the most important to you. Whether you are interested in the highest payouts, the most attractive minimum deposits, the biggest bonuses, or probably the best trading platform, you can check the stock trading platforms offered in this post. Let's get started!
Binary.com is a well-known online trading platform that develops binary options and CFD trading activities. Being established by Binary Group LTD in 1999, this broker has become one of the oldest and most advanced market players in the trading industry, With more than one million registered users across the globe, Binary.com has its offices located in Malta, Malaysia, British Virgin Islands, and Vanuatu. Currently, there are several different trading platforms that can be used:
- Deriv - a great option for beginners featuring a wide range of characteristics;
- SmartTrader - a simple online platform for trading operations in the international financial markets.
- Tick Trade Android App - fast trading for flexible monitoring.
- MetaTrader 5 - an advanced multi-asset trading mechanism that involves Forex, CFDs, and binary options.
- Binary WebTrader - an advanced binary tool used to monitor the activities in your favorite markets.
- Binary Bot - a simple "drag and drop" bot mechanism aiming to automate your own trading approaches.
Binary.com offers an attractive system of return rates that can exceed 100% on simple increase/decrease contracts and more than 1000% on high/low trades. By joining this platform, you can trade all existing indices, commodities, currencies, and synthetic indices while the expiry times will range from 10 seconds to one year. Thus, Binary.com provides you with an excellent opportunity to sell your contract before the set expiry date. That way, you can lock-in your profit and minimize your potential loss. For more information, feel free to follow the link https://tradersunion.com/brokers/binary/view/binary.com/.
Admiral Markets UK
Admiral Markets UK Ltd has the status of the best CFD broker due to the highest score of 97.1 out of 100, and a 5-star rating. It is considered average-risk, with a general Trust Score of 83 out of 99. Even though it is publicly traded and does not function as a bank, Admiral Markets is administered by the following tier-1 regulators, including Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC). Learn more about https://tradersunion.com/brokers/forex/view/admiral_markets_uk/.
Admiral Markets UK Ltd can be the best choice for MetaTrader fans searching for the whole MetaTrader platform suite and multiple add-ons and trading mechanisms. Apart from finishing first place for Education, Admiral Markets UK is considered to be the best option in Class MetaTrading in 2020. This broker provides users with a competitive spectrum of tradeable items and multiple tools for trading.
AvaTrade is an international developer of trading platforms for forex, CFD, and cryptocurrency traders. The company was established in 2006 in Ireland. Currently, it is focused on the development of retail options and professional accounts. Being a licensed trading resource, it offers a range of regulatory options. Licenses cover the European Union, Australia, Japan, and South Africa. Both accounts let you reach the same trading resources, markets, and negative balance protection mechanisms. They are managed by different entities and have various maximum leverage levels. Customers' financial resources are kept by AvaTrade in segregated accounts. At the same time, the website does not indicate any insurance or additional safety measures.
If you are looking for the involvement in CFD trading, AvaTrade is ready to guarantee you a clear, easy-to-understand resource with mechanisms for both beginning and advanced traders. While the products you can trade are limited, CFDs make it easier for you to build up a highly leveraged account and earn your big rewards. Still, you should realize all the potential risks and costs of your membership at https://tradersunion.com/brokers/forex/view/avatrade/.
In the above-stated list of the best brokers for beginners, they concentrate on the characteristics that let new investors learn as they are starting their investing adventure. The best brokers have been picked up based on top-notch educational resources, simple navigation, transparent commission system, and affordable pricing policies. So, you have more than enough aspects to pay attention to while making the final choice.