Based on the evaluation of these parameters, users can choose their favorite trader to copy with a minimum investment requirement of €200. After confirming the choice, every position opened by the chosen trader will be reproduced in the user's trading account, with the possibility of stopping the copy at any time. Users who want to actively trade the financial markets, but do not have enough experience or time to constantly follow the markets, can consider platforms that offer the Copy Trading function. Some brokers charge a fee for each month that you do not use your trading account - usually after 12 months of inactivity.
The broker operates on approximately 180 different trading instruments and it is immediately clear that the offer is not very broad for an international broker, especially when compared to the platforms seen above. In terms of fees and commissions, the platform has a very competitive proposition. There are commissions only on FX pairs and spot metals on the Premium account type, with rates starting at $35 per million USD traded. Skilling will also charge a currency conversion trading online piattaforme migliori fee for trades on instruments denominated in a currency other than your account currency. For those new to trading, or for those who want to delve deeper into certain aspects of the sector, AvaTrade offers a large section of educational resources with in-depth articles, tutorials, videos and webinars. Also designed for beginners, the platform offers the highly appreciated copy trading feature, thanks to which it is possible to emulate the operations of expert traders.
Some traders do this much earlier, however, so it is important to check if there are any long-term unused funds in your trading account. The truly distinctive aspect of Pepperstone compared to its competitors is the offer of multiple valid types of accounts, starting from the different needs and profiles of traders. In addition to an interesting and complete demo account, available for 30 days, but that you can request to extend based on your needs, dedicated to private traders, we mention here the Standard and Razor accounts.
With over 30 million users and offering more than 3,000 instruments, eToro covers a huge range of markets and investment assets. On eToro you can find thousands of stocks and ETFs from all over the world, commodities and a wide selection of cryptocurrencies. In this guide, useful for beginners but also for those who already move between financial markets on the web, we will offer an overview of the safest and most advantageous brokers for every portfolio need. The cost of trading operations varies according to the different platforms. Some trading platforms allow you to trade stocks and other assets with zero commissions, but some brokers charge high commissions for their trading services. Before choosing a broker, always find out about the commissions applied.
Below you can see the major advantages and disadvantages of the AvaTrade trading platform outlined. On Trustpilot AvaTrade.com has a high score, 4.7/5 out of more than 8,000 reviews. Users of the platform particularly praise the professional and helpful customer service, but also the clarity of the graphics and content of the site and the accessibility from different devices. Let’s now see what the strengths and weaknesses of the XTB trading platform are. XTB also does not charge commissions for deposits via card or bank transfer, and there are no fees with Paypal and Skrill.
We will take care of updating the list in order to always offer you the best solutions for your trading needs. At this point to start trading the markets, you will need to deposit funds into your newly created XTB trading account. Regardless of the trading platform you choose, the process starts by opening a trading account, which at XTB happens in just a few minutes.
Once your account is verified, you can decide which account profile to open based on your needs. The AvaTrade platform you can trade from any device with the best MetaTrader 4 and MetaTrader 5 applications on Windows and iOS operating systems, as well as a desktop version and mobile trading app for Apple and Android devices. Now boasts over 200,000 registered users and a total trading volume of around $60 billion per month.
For the example of opening a position we have instead taken eToro as an example, an equally valid platform. In terms of platform security, Pepperstone has several measures in place to protect users, such as negative balance protection, which prevents traders from spending more than they have in their account. The broker also keeps client funds in segregated trust accounts, ensuring that client money is protected in the event of financial difficulties or even bankruptcy of the broker. Pepperstone offers its users the ability to do copy trading and social trading.
For more experienced traders, it also supports a wide range of trading techniques such as scalping and algorithmic trading. Not only that, to facilitate investments and to further "democratize" the sector, the platform has introduced functions such as social trading with Trading View and, in particular, an aspect appreciated by many investors, Copy Trading. These are in fact functions through which it is possible to compare and even connect your portfolio to that of more expert traders. In 2016 by a group of Swedish investors based in Nicosia, Cyprus. The broker operates on over 900 different trading instruments including stock CFDs, forex, stock indices and commodities.
EToro does not charge any management fees, even when copying other traders' Portfolios. There is a $5 withdrawal fee when transferring money from eToro to your bank account or PayPal. When it comes to CFDs, there is sometimes a small overnight - or rollover - fee, usually a few dollars. Portfolios composed of financial assets that the trader chooses based on his interests and needs, with which the team of eToro experts will take care of managing the buying and selling of assets on behalf of the client.
The minimum deposit required for the real account is 100 euros, which you will need to start trading with the assets you are interested in. Just go to the homepage of the official AvaTrade website and click on “Open an account”. You will have to fill out the form with your personal data, accept the terms and conditions of the site, then complete the steps required by EU regulations for the KYC procedure.
EToro also offers a wide range of instruments for trading forex. Some traders may place greater importance on the cost-effectiveness of low commissions, others may be looking for platforms that offer specific asset classes and markets. Today, there are hundreds of trading platforms to choose from, so you need to do some thorough research to find the providers that best suit your needs.
XTB, like other trading platforms, has a legal obligation to verify the identity of its users before they are able to make a withdrawal, so the first thing you should do is to quickly go through the verification process. Instead, the best trading platforms offer real-time customer support, and in this sense the best contact methods are live chat and telephone support. Another factor that makes a lot of difference in choosing the best trading platforms is the quality of customer support offered.