The Best Trading Platforms of November 2024

Simon Lewis

Simon is a recognized world expert in investing. He has tested dozens of investment clubs, communities and investment research services. His research has been featured on Bloomberg, Business Insider, The New York Times, Wall Street Journal, CNet and more.

Short on time? Here are the five best trading platforms of November, 2024:

1. TD Ameritrade: The brokerage firm suits all financial goals from passive investing – covering ETFs, index funds, and mutual funds – to day trading – including forex, cryptocurrencies, commodities, and futures. Read full review

2. Interactive Brokers: The company’s subsidiaries offer access to over 100 markets worldwide including equities; ETFs; futures; forex; options on stocks or indices; bonds; mutual funds from many different fund families. Read full review

3. Fidelity: Fidelity Investments primarily serves individual investors and requires no minimum investment or trade portfolio to start trading. The brokerage firm covers stocks, mutual funds, ETFs, options, bonds, certificates of deposits (CDs), money market funds, IPOs, deferred fixed annuities, precious metals, and other fixed-income products. Read full review

4. eToro: The company has a wide variety of tradable assets, including stocks, ETFs, indices, commodities, cryptocurrencies, and other assets. eToro also offers over 50 currency pairs on global Forex markets to trade. To start investing is necessary to make a minimum initial deposit of $200. Read full review

5. Webull: The trading platform provides the following assets for a diversified portfolio: stocks, options, ETFs, ADRs, and cryptocurrency. For everyday investors, Webull lacks professional trading tools and a diversity of assets. Read full review

Being a good investor is all about discovering actionable investing opportunities. There are way too many different stock research services – that’s why it’s vital not to waste time on the mediocre ones and consider only to the best investing clubs, investment communities and trading platforms. During our 10+ years investment career we were following dozens of them and these are our top 5 recommendations.

Best Trading Platforms of 2021

#1 out of 5

1,747 user reviews

 5/5

Overall evaluation:

9.8

★ EDITORS' CHOICE ★

1. TD Ameritrade

Rating:

9.7

1,321 user reviews

 4.6/5

Pros

Excellent market research
Commission-free trades on US stocks & ETF
No account minimum
Ideal for all types of investors
Easy to use website
High-quality educational material
Reliable customer service

Cons

TD Ameritrade is an established US brokerage firm active since 1975. The leading-edge platform has extensive educational offerings for beginners and professionals traders, in which it is possible to poke around without making a deposit. TD Ameritrade does not require a minimum investment or trade portfolio to start benefiting from the services.

Pros

Excellent market research
Commission-free trades on US stocks & ETF
No account minimum
Ideal for all types of investors
Easy to use website
High-quality educational material
Reliable customer service

Cons

#2 out of 5

1,321 user reviews

 4.6/5

Overall evaluation:

8.7

2. Interactive Brokers

Rating:

8.7

1,321 user reviews

 4.6/5

Pros

Cons

Interactive Brokers (IBKR) is an established US firm active since the 1970s. The global brokerage company is specialized in online trading of equities and fixed income securities for retail and institutional investors worldwide. The platform is great for seasoned due to its advanced trading tools and features. IBKR doesn’t require an account minimum to start using the services.

Pros

Cons

#3 out of 5

2,214 user reviews

 4.6/5

Overall evaluation:

7.9

3. Fidelity

Rating:

7.9

2,214 user reviews

 4.6/5

Pros

Excellent market research
Commission-free on US stocks & ETF
No account minimum or account fees
Access to global markets (25 countries)
High-quality educational material
Reliable customer service

Cons

An American multinational brokerage firm, Fidelity Investments was established in 1946 and quickly became one of the largest asset managers in the world. The company offers an extensive range of services, such as investing and retirement accounts, wealth management, college and health saving plans, robo investing, and personalized advice plans.

Pros

Excellent market research
Commission-free on US stocks & ETF
No account minimum or account fees
Access to global markets (25 countries)
High-quality educational material
Reliable customer service

Cons

#4 out of 5

1,017 user reviews

 4.6/5

Overall evaluation:

7.5

4. eToro

Rating:

7.5

1,017 user reviews

 4.6/5

Pros

Commission-free trades on stocks & ETF
Social and copy trading
Excellent for cryptocurrency trading
Access to global markets (2.400 stocks across 17 markets)
Easy to use website and mobile app
High social community of traders
Fast & easy account opening

Cons

eToro trading platform is an online brokerage service established in 2007. The fintech company offers a unique social trading feature that allows users to copy other investor’s tradings, giving them the opportunity to learn from successful shareholders. It also gives access to over 10 million registered users who can share their insights and advice on how to trade successfully.

Pros

Commission-free trades on stocks & ETF
Social and copy trading
Excellent for cryptocurrency trading
Access to global markets (2.400 stocks across 17 markets)
Easy to use website and mobile app
High social community of traders
Fast & easy account opening

Cons

#5 out of 5

4,824 user reviews

 4.6/5

Overall evaluation:

6.9

5. Webull

Rating:

6.9

4,824 user reviews

 4.6/5

Pros

Cons

Webull is a brokerage firm that provides online investing services since 2017. The fintech startup suits well intermediate and young investors’ needs as it has an easy-to-use trading platform and strong community. In addition, Webull does not require a minimum investment or trade portfolio to join the platform, which is a fast and easy process.

Pros

Cons

Why trading platforms are the best option for investors

One thing investors should be very grateful for is the development of trading platforms in the financial market. Before online trading, stockholders relied on brokerage firms to trade for them in a process that required many calls, visits to the broker and, worst of all: lots of time. Now, it’s possible to trade a variety of securities instantly and online. Trading Platforms are really a win-win that not only simplified investments, but also democratized access to assets.

Stocks, ETFs, options, futures, commodities, bonds, currencies are now available to buy and sell in one place and with just a few clicks. Trading Platforms provide support, real-time assistance, and high-end tools to invest with a drastic reduction of costs and fees. Moreover, new investors can learn from the educational content provided by the platforms to improve their skills before using real money.

Trading platforms have completely transformed the investment world, empowering people to make their own trading decisions. Shareholders can now monitor assets in real time, buy worldwide stocks from a mobile phone or computer, create custom watchlists, have great market research tools, and diversify their investment portfolio with a wide variety of assets and securities. Trading platforms are the best option for investors looking for control over their investments, fast transactions and affordability. All of this might seem very difficult, but it actually isn't. There are numerous investment communities, where members do the dirty job for you - surfing the market and picking out the most attractive ideas/companies it has to offer.

The Best Trading Platforms of November 2024