Best Online Brokers

The online financial trading industry is absolutely massive. Traders and investors have hundreds if not thousands of online trading brokers to choose from. Therefore, selecting the best online broker to trade with can be a daunting task. Which is why we have compiled the best online brokers list so that you can analyze and compare the best online brokers and their online trading platforms. We don’t want you to waste your time and resources scouring the internet in search of the best online broker. We want to help you find the best online broker that best suites your trading needs.

Broker name

XTB

Minimum Deposit
$250
Forex Spreads
From 0.1 pips
CFDs Trade Fee
0.08% minimum $8.00 USD
Stock Trade Fee
From 0.3 pips
Broker name

AvaTrade

Minimum Deposit
$100
Forex Spreads
From 1.3 pips
CFDs Trade Fee
From 0.13%
Stock Trade Fee
Average 0.13%
Broker name

EasyMarkets

Minimum Deposit
€100
Forex Spreads
From 1.8 pips
CFDs Trade Fee
From 5 pips
Stock Trade Fee
N/A
Broker name

Vantage FX

Minimum Deposit
$200
Forex Spreads
From 0.0 pips + $3 commission per 1 lot
CFDs Trade Fee
N/A
Stock Trade Fee
N/A
Broker name

Pepperstone

Minimum Deposit
$0
Forex Spreads
From 0.0 pips + $3.50 commission
CFDs Trade Fee
From 0.3 pips
Stock Trade Fee
From 0.4 pips
Broker name

IQ Option

Minimum Deposit
$10
Forex Spreads
From 0.03%
CFDs Trade Fee
From 0.16%
Stock Trade Fee
From 0.16%
Broker name

UFX

Minimum Deposit
$100
Forex Spreads
From 2
CFDs Trade Fee
From 50
Stock Trade Fee
From 130
Broker name

AroTrade

Minimum Deposit
$250
Forex Spreads
Fixed at 3 pips
CFDs Trade Fee
$20 per month + profit clearance fee
Stock Trade Fee
N/A
Broker name

24option

Minimum Deposit
$250
Forex Spreads
N/A
CFDs Trade Fee
N/A
Stock Trade Fee
N/A
Broker name

eToro

Minimum Deposit
$200
Forex Spreads
From 3 pips
CFDs Trade Fee
From 0.09%
Stock Trade Fee
0.09% spread per side

What is an Online Broker?

An online broker is a brokerage firm that interacts with their customer through the internet, rather than a physical brick and mortar location. An online broker often provides investment and trading services with lower fees and more control over your investments. They also feature an online trading platform and numerous other trading resources.

How do Online Brokers work?

An online broker works as a middleman between a trader and their investments. The trader places a buy or sell order for a tradeable asset with the online broker, and the online broker facilitates the order and collects a fee from the trader. All actions can be facilitated nearly instantly via the internet.

How to select the best Online Brokers?

Selecting the best online broker is no easy task. While there are many great online brokers to choose from, not everyone is right for you. Therefore, you must compare different brokers with one another and analyze their online trading platforms and other aspects to select the one that best meets your needs.