When you’re planning to make money on financial markets, choosing the right brokerage service is an extremely important thing. Each broker has its own trading conditions, fee structure, available tools for trading, and many other aspects you should consider before making the final decision to sign up. Most brokers also have some limitations when it comes to supported countries, so you should think about it, too. In this Traders Union article, we’re going to tell you the basic facts about the top 3 most reputable brokers that support lots of international markets.
One of the most well-known brokers in the world, eToro is used by about 30 million traders across 140 countries. The broker is very secure and well-regulated: for example, its European office is supervised by CySEC, and its UK branch is regulated by FCA. Founded in 2007, the company has built a serious reputation on the market, and it’s especially popular among novice traders who praise its unique copy trading features that can serve as a source of passive income and its favorable trading conditions. It’s a great example of a major broker that supports crypto trading, and the minimum deposit is just $10.
Founded in 2008, DEGIRO is another reputable European broker that’s widely considered one of the best international brokers. Regulated by FCA and other major institutions, it’s secure and reliable. The broker features many different trading instruments: Forex pairs, stocks, bonds, options, and so on, but cryptocurrencies are not supported. It is widely known as a particularly novice-friendly broker: there is a special section on the website that includes many different educational materials, and you can begin trading with $1 for practice. The fees are very low here, and you can also use a convenient app.
Interactive Brokers is a US-based investment company providing access to about 150 global markets to millions of its users. The broker offers a wide range of tradable assets: stocks, options, Forex pairs, bonds, metals, ETFs, all kinds of CFDs, and so on. Interactive Brokers also features tight spreads, the leverage rates can go up to 1000:1, and you can start trading with $1 on your deposit. However, there are no cent accounts for beginners, so if you definitely need one, make sure to check other brokers in this Traders Union article.