The most important task for every novice trader is to choose a broker. But what can you do if you are not experienced enough in the market to distinguish a reputable brokerage company from a dubious one, or if there are specific requirements? We are here to help you.

We offer a large range of brokers, so you can take advantage of our experience and simply choose one of the leading companies in our Letizo brokers’ rating.

Top 5 Best Trading Brokers to Compare

eToro.com

eToro is one of the popular AAA online brokers in the United States. The company has been providing its services since 2007 and has a sophisticated level of support as well as a huge number of assets to trade. The type of broker eToro is trustworthy, open, and easy to get started with.

eToro is one of the most reliable, efficient, progressive, community-friendly, and flexible stock brokers for American traders.

Advantages include:

• the network allows you to trade a variety of assets: commodities, stocks, and cryptocurrencies, with over 3,000 symbols available;
• an ideal place for green investors;
• supports both desktop and mobile app tools.

BlackBull Markets

BlackBull Markets is a FinTech venture, an e-commerce broker and online trading platform that is respected across the planet but officially based in New Zealand. It presents itself with two main traits: agility and accuracy.

Among the benefits:

• a wide range of assets: cryptocurrency, commodities, stocks, gold, oil, CFDs, metals, indices;
• there’s a demo profile to try out;
• online chat, email, and phone support.

Admiral Markets

Admiral Markets is a broker which is globally renowned in the USA, Asia, and all over the planet.

Here are some of the perks:

• low taxes on Forex CFDs;
• withdrawal taxes are 0 USD;
• admiral Markets’ bonus system is very pleasant for clients;
• 11 major currencies are open for use.

Quotex

One of the most trusted brokers and trading platforms. Whether you live in Asia, the US, or anywhere in the world, Quotex is a good broker for you.

Consider the positives:

• various ways to withdraw money to regular Visa/Mastercard or cryptocurrency wallets;
• promo codes, gifts from Traders Union, deposit and trading bonuses;
• signal accuracy reaches 87%;
• telegram profile with valuable news and data for traders.

Webull

Webull Financial LLC is one of the well-known stockbrokers in the US and China internationally. The company has been in business since 2017 and has a tight level of support around the world.

It has a huge number of assets to trade, for example, you can buy stocks on Webulla, cryptocurrencies, papers, commodities, etc.

Webull advantages:

• Welcome bonuses: 1 to 12 promotions worth up to $30k;
• demo account available for a test drive;
• live streaming quote updates free of charge.

How to Choose the Best Broker

To help you choose the best broker that is ideal for you, we advise you to pay attention to the following points when choosing a broker:

The size of the commissions

It is worth paying special attention to the size of swaps and spreads, as these are the broker’s earnings.

Speed of order execution

It is a critical criterion when selecting a broker, and it will depend on how fast your trade is closed in the current market.

Sum of your original deposit

For this reason it is recommended for a novice trader just to make a deposit with any broker with the minimal initial payment.

Trustworthiness of the broker

That is the most essential factor. When choosing a brokerage firm for investments, the traders should find out all about the broker’s working experience at the stock exchange, the existence of a license, the authority among other participants of the exchange, the feedback from the clients.

Capitalization of the broker

This depends on how financially stable the brokerage company is and in case of force majeure it can pay the profit to its clients.

Important Parameters for Selecting a Broker

When you choose or compare online brokers it is important to understand the professionalism of the broker. To help you in this matter, we have highlighted a few indicators for an effective selection:

• Spread size. Here it is important to understand whether the company offers a fixed or floating spread, as this parameter can change drastically with significant changes in the market.
• Peculiarities of deposit/withdrawal of money. The use of various payment systems, as well as the speed of transactions, are important here.
• Additional restrictions. Some brokerage companies impose restrictions on the minimum amount of funds on the. deposit and the number of performed deals.
• Cooperation agreement. It is necessary to pay attention to the mechanism of the solution to disputable situations, described in the contract, before signing it with a broker.
• Reliability and history of the company. It is also important to find out all information about the broker itself: when did it start working, when was the license issued, where is it registered, what is the amount of capital, and what clients say about it.

Thanks for reading the page till this point! I hope you liked it and now you can pick the broker you preferred the most! Stay toasty and see you soon!

---