The financial market has become a lucrative place for traders and investors willing to commit and dedicate themselves to their activities. For instance, you must be knowledgeable about the financial market operations and select the best asset that can earn you profits.
Additionally, traders and investors must be willing to conduct thorough market research using technical and fundamental analysis tools to create solid trading strategies. You must also trade or invest with the best high-tech online brokers and platforms, considering that technology is advancing, and you do not want to jeopardize your potential.
Our Testing and Comparisons
Every trader and investor wishes to find the best platforms that are tech-enabled to improve their experience and maximize their potential to make profits. However, finding the best tech online brokers and platforms has become daunting to many since numerous brokers flood the market. With thorough research and analysis, you can still find the best platforms that suit all your requirements and trade seamlessly.
While some traders are patient in their research to find the best high-tech online brokers and platforms, others give up easily and settle for any available options. This has contributed to them experiencing trading challenges that sometimes lead to losses. To ensure you kickstart your activities on a good note, here are the top three high-tech online brokers tested and approved by professional analysts.
1. eToro
Established in 2007, eToro continues to adapt to the advancing technology to ensure its users benefit from advanced tech resources and enjoy their experience. This broker is user-friendly and has a modern design platform that any trader or investor will find easy to navigate. Plus, eToro’s sign-up process is pretty straightforward, which you can easily complete in minutes using a desktop or mobile device.
You need $50 as a minimum deposit to trade or invest on eToro. Various assets are at your disposal, from forex and stocks to commodities and cryptocurrencies. Besides investing in the assets, eToro also allows you to trade them as CFDs and indices. Plus, users get to enjoy superior social and copy trading platforms. For newbies, there are plenty of learning resources to boost your skills before entering the live markets.
2. Plus500
Like eToro, Plus500 is another safe tech-enabled broker regulated by highly ranked authorities, including the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), etc. The platform is highly advanced for CFD traders, and its mobile trading app is among the most highly rated on Google Play and the App Store. Traders only need a minimum deposit of $100 to get started. Keep in mind that Plus500 benefits from spreads and inactivity fees it charges traders since there are no commissions, transaction costs, or rolling fees.
Plus500 is working on soon launching a cutting-edge stock investment platform where you can buy some of the global shares for less money. Adequate learning and research materials are provided, so you can fully focus on effectively managing your activities. And in case of any challenge, Plus500’s 24/7 support service is a call, email, or live chat away.
3. IG Markets
IG Markets is one of the pioneer brokers that has managed to remain popular and beneficial to traders in the market today. The broker is always abreast with the current market developments and ensures its platform is constantly updated to suit all traders and give them the best experience. You will access over 17,000 CFD assets in various categories, including shares, forex, commodities, cryptocurrencies, etc.
IG Markets is your best bet if you are looking for advanced platforms and resources. We recommend it for experienced traders, although newbies confident in their skills are free to test it out using its demo account. Some of the superior platforms you can explore on IG Markets include the L-2 Dealer, ProRealTime, and MT4. Plus, users enjoy an unlimited collection of learning resources on its IG Academy platform.
Conclusion
Various factors must be considered when seeking the best high-tech online brokers and platforms. To ensure you find the best one, Check whether reputable authorities regulate it and whether its fees suit your budget. You can also consider trade execution speed, learning and research materials availability, support service reliability, and more. Then, test the platform using its demo account to clear any doubts before taking the plunge into live markets.