Best Trading Platforms for Beginners in 2022

Central Technology | Best Trading Platforms for Beginners in 2022 - Here at Trading Platforms, we are committed to providing you with the best trading platforms for 2022 and beyond. This includes trading platforms that offer the best fees and commissions, the widest variety of asset classes, and of course the strongest regulatory position.

VantageFX - No Commission Global Trading Platform

VantageFX is a global CFD broker offering everything from stocks and forex to commodities, futures and indices. The platform offers up to 500: 1 leverage for major currency pairs, making it one of the best trading platforms for large trades. The minimum lot size for a Standard account is also just 0.01.

When using a standard account, CFD trading at VantageFX is commission-free. The spread starts at 1.4 pips, which is slightly above average. However, you don't need to worry about your account to worry about deposits, withdrawals, or inactivity.

VantageFX also offers ECN accounts with a minimum deposit of just $ 500. You can trade with spreads as low as 0.0 pips and pay a commission of $ 3 per lot.

VantageFX offers its own trading platform for the web and mobile devices running iOS and Android. It's pretty comprehensive, with full screen charts, dozens of technical indicators, and smooth order entry.

In addition, this broker also gives you access to MetaTrader 4 and MetaTrader 5. You can also take advantage of social trading with ZuluTrade, Myfxbook and DupliTrade. All three platforms allow copy trading.

Robinhood is the best trading platform for buying US stocks

If you live in the US, chances are you have heard of Robinhood. This online trading platform was launched in 2013 and now serves over 10 million customers. First and foremost, US investors use Robinhood to buy stocks in an easy and cost-effective way.

In fact, just like eToro, Robinhood allows you to buy stocks without commission. In total, the platform offers over 5,000 stocks, most of which are listed in the US. This applies to both the main exchanges - the New York Stock Exchange and the Nasdaq.

In addition, Robinhood also offers approximately 250 stocks outside of the US. However, if you are looking for international stocks, there is a much larger selection of companies on the other trading floors in this area. 

In addition, the platform is also home to the popular stock options trading facility. This is ideal for anyone looking to access the US stock markets in a more sophisticated way. Again, the above asset classes can be accessed without a fee. When it comes to funding your Robinhood account, this free trading platform only accepts bank transfers from the USA.

Depending on the type of account you have chosen, your deposit can be processed instantly. For example, if you are using a free account, the first $ 1000 of your chosen deposit amount will be deposited instantly, while the remainder may take two extra days. Either way, Robinhood has no minimum deposit, which is great if you want to trade small amounts.

It should also be noted that many users prefer to trade through the Robinhood app. Available on both iOS and Android devices, giving you access to the same account features you find on the main website. Finally, as a US broker, Robinhood is highly regulated. This includes permission from both FINRA and the SEC.

TD Ameritrade – Best Trading Platform for Asset Diversity

While companies like eToro and Robinhood are considered newcomers to the trading platform, TD Ameritrade has been actively involved in US brokerage since 1975. Simply put, if there is a financial market in which you want to invest, opportunities are there, I will find it in TD Ameritrade.

For example, in the Stocks section alone, you will find thousands of stocks in the US and international markets. This also includes the ability to invest in recently launched IPOs. If you are looking for passive investing, TD Ameritrade has over 11,000 funds.

This goes for ETFs, index funds and mutual funds - so there is something for all financial purposes. We also love the fact that TD Ameritrade offers access to the US bond market, along with financial retirement products like annuities and tax efficient portfolios.

In addition to the traditional asset space, TD Ameritrade also offers a daily trading platform. In terms of commissions, this will depend on the specific financial market you plan to enter.

For example, if you want to focus on stocks or ETFs, TD Ameritrade does not charge any fees at all. The options are also competitively priced, with the trading platform charging just $ 0.65 per contract (no exercise fees). To get started with this popular broker, TD Ameritrade can be accessed online or through its mobile app.

In any case, there is no minimum deposit and you can fund your account by making a bank transfer. This is usually handled immediately by TD Ameritrade. Finally, and perhaps most importantly, TD Ameritrade is regulated by all relevant authorities in the US, so you don't have to worry about keeping your money safe.