| Online Broker | Minimum Deposit | Online Trading Platforms | Markets To trade | About |
|---|---|---|---|---|
| Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Trading Platforms | 1000+ Markets To Trade | Pepperstone provides a wide range of platforms, allowing automated trading and offering social and copy trading About |
| RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboMarkets provides 12,000+ CFDs to trade on R StocksTrader and offers MT4 and MT5, including a Cent account About |
| Dukascopy | $1000 Minimum Deposit | MT4, JForex Trading Platforms | 500+ Markets To Trade | Dukascopy Bank provides both MT4 and JForex, with a wide range of markets to trade on both platforms About |
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | 275+ Markets To Trade | easyMarkets offers MT4, the user friendly easyMarkets Platform and TradingView, with fixed spreads and offers variable spreads on MT5 About |
| Plus500 | $100 Minimum Deposit | Plus500 Platform Trading Platforms | 2000+ Markets To Trade | Plus500 offers an intuitive, user friendly platform which has a wide range of markets to trade and offers fundamental trading tools About |
| City Index | $150 Minimum Deposit | MT4, Web Trader Trading Platforms | 13,500+ Markets To Trade | City Index offers a particularly wide rage of markets on its user friendly Web Trader and has automated trading on MT4 About |
| IC Markets | $200 Minimum Deposit | MT4, MT5, cTrader Trading Platforms | 2000+ Markets To Trade | IC Markets allows a wide range of trading, including high frequency traidng and scalping and offers MT4, MT5 and cTrader About |
| ThinkMarkets | None Minimum Deposit | MT4, MT5, ThinkTrader Trading Platforms | 3500+ Markets To Trade | ThinkMarkets provides accounts for automated traders and offers user friendly ThinkTrader for those who execute their own trades About |
| FOREX.com | $100 Minimum Deposit | MT4, Advanced Platform, Web Trader Trading Platforms | 300+ Markets To Trade | FOREX.com is a major MT4 MT4 broker, allowing autoamted trading on this platform and providing a user friendly Web Trader and the Advanced Trading Platform About |
| IQ Option | $10 Minimum Deposit | IQ Option Platform Trading Platforms | 300+ Markets To Trade | IQ Option offers a low minimum deposit ($10) and a low minimum order size ($1) and order size (0.001 lots) About |
| Vantage | $200 Minimum Deposit | MT4, MT5, ProTrader Trading Platforms | 300+ Markets To Trade | Vantage provides trading on both MT4 and MT5 (incuding automated trading) and offers user friendly ProTrader About |
Best Online Trading Brokers
These are well established regulated brokers offering online trading platforms varying from clear simplified web traders to platforms supporting automated trading. Some of them are well known as currency trading brokers, but all offer a range of CFD markets and trading features.
When first thinking about trading, the trader may be confronted by both choice and the problem of determining what is a good choice. This is partly because without being an experienced trader, it can be hard to know what exactly it is one wants from an online trading broker.
Brokers actually encompass a range of choice, offering different trading platforms, account types, markets to trade and types of trading. The comparison table brings together a selection of brokers offering a range of services.
It can be seen that some brokers have a relatively large number of markets to trade, some less and some a smaller number. The brokers with a large number of markets tend to offer many Stocks as CFDs or to spread bet, but they can also have more of other categories as well.
To trade on a real account, the trader deposits at least the minimum deposit requirement, but may need to deposit more to trade a particular market. Some brokers have very low minimum deposit requirements. These may offer cent accounts with this deposit requirement and other accounts with a higher minimum deposit. Cent accounts allow the trader to trade small trade sizes, but some brokers may have other ways to allow the trader to use small trade sizes.
The interface the trader uses to access the services offered by the broker is the online trading platform. This can be important, but all of these platforms have similarities, with charting, charting tools, markets to trade and order information.
However some platforms focus on providing an intuitive trading experience with a web trader, for the discretionary trader who makes their own trading decisions. Others support discretionary trading, but also provide the capacity to use automated trading strategies, including MT4, MT5, cTrader and JForex.
Automated trading is not necessarily better than discretionary trading, but as the trader becomes more experienced they may find that they want to use strategies which are more suited or more feasible if performed by a computer program on their behalf.
