Stock trading is a perfect method for investment. Today we all are going through the global pandemic, and the stock market have also seen the drastic changes. While this global crisis, many individuals are seeking to invest in the stock market and trying to earn some money. But finding the suitable stockbroker might be difficult as there are lots of brokers available in the market.
But fortunately, we are here to help you with your search. We cover all top online broker’s reviews that can help you with choosing the right broker. We offer unbiased broker reviews based on their services and pros and cons.
Below we are listing some of the top stock brokers for beginners in December 2020 with their features and advantages and disadvantages.
Top Online Stock Brokers
ROinvesting:
ROinvesting is the leading online brokerage platform located in Cyprus and operating as the best online broker since 2019. It is regulated and authorised by the top financial institution called as Cyprus Securities Exchange Commission (CySEC) under the licence no 269/15. The broker offers a wide range of tradable assets including stocks, currencies, indices, commodities through its top-class three account types name as silver, gold and platinum. It offers an advanced level trading platform MetaTrader4 which is globally recognised for mobile applications and Webtrader. It provides a wide range of educational and research resources which can help traders to understand the dynamics of the stock market and analysis the correct information of the assets. It also has a dedicated customer support team. It offers a wide range of payment deposit options like PayPal, bank wire transfer, Credit/ Debit card.
ROinvesting is the Safest venture for investors or traders and trusted by thousands of investors because it uses high-end encryption system and segregated bank accounts of the top banking institutions for keeping the client’s funds.
Pros and Cons of ROinvesting
- Regulated by CySEC
- Advanced Trading Tools
- Wide range of Tradable assets
- Dedicated Trading Platform
The only disadvantage with this broker is there no multi-currency accounts.
Some of the Features of ROinevsting
- Headquarters: Cyprus
- Regulation: CySEC
- Minimum Deposit: $100
- 350+ Tradable assets
- Demo Account
- Leverage: 1:30
- Trading Platform: MT4
- Spread: 28
- Customer Support: 24/5
ETFinance
ETFinance started its operations in 2016 intending to offer the advance trading platform that can help traders to maximise their potential growth. It provides a good range of tradable assets like forex, stocks, indices, commodities, futures etc. through its advanced trading account types known as silver, gold and platinum. It offers a highly featured MetaTrader 4 trading platform for mobile and Webtrader. The broker is having an excellent educational and research section on its website, which helps traders for mastering in the financial market. It offers multiple payment options for depositing and withdrawing money with zero commission fees. It provides maximum leverage up to 1:500, which can help the market player to enhance their profits with low capital. ETFinance delivers highly efficient and award-winning customer support service.
ETFinance is highly regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC) under the licence no 359/18. It also uses the segregated accounts of the top tier banks for depositing clients funds. Apart from this broker also uses the advance level of technology and encryption system for protecting the client’s data.
Thus, ETfinance is Considered as the legit brokerage firm. Traders can trust it and start their stock trading journey.
Pros and Cons of the ETFinance
- CySEC regulated broker
- Wide Range of Tradable assets
- Highly efficient trading platform
- Impressive educational support
- Hassle-free account opening
- Commission-free deposit and withdrawals
ETFinance doesn’t have any advantages according to us; it offers all required trading services and tools.
Some of the Features of ETFinance
- Headquarters: Cyprus
- Regulation: CySEC
- Minimum Deposit: $100
- 350+ Tradable assets
- Demo Account
- Leverage: 1:500
- Trading Platform: MT4
- Spread: 0.07 Pips
- Customer Support: 24/5
Final Thought:
There are many online stock brokers presented in the market. But there are many scam brokers in the market. You should be careful while choosing the broker. Above listed brokers are legit and offers all the required services for stock trading. For more information, you can visit our website- Fxreviewtrading.com