Since the early days of online trading, the brokers’ job has been to offer the greatest experience by empowering clients to participate in the markets. As more and more brokers join the industry, choosing the best one has become a task of its own. In this article, we will break down some of the top brokers out there and go over their best features. That way, you can make the best decision as to where to do business. Note that we include all types of brokers, from FX to Crypto.
Tradeview Markets
An important feature for many clients who enjoy the ability to trade more than one financial instrument. Another prominent feature of Tradeview is that it has more trading platform options as compared to other brokers. This gives traders more options to adjust to their needs and wants. If you want to get the full experience of trying a trading platform, open a free demo account.
It is regulated by Cayman Island Monetary Authority (CIMA) as well as the Malta Financial Service Authority (MFSA), they accept deposits from 100 USD, the maximum leverage up to 1: 400 to some customers depending on their location, the spreads are very tight ranging from 0 to 0.7 PIPS in normal market conditions thanks to their proprietary software, the Innovative Liquidity Connector . Tradeview Markets provides live customer service representatives at your disposal.
Customer service is a critical factor to take into account when choosing a broker. Fortunately for Tradeview clients, customer support is available in English, Spanish, Chinese, Arabic, Korean, Russian, French, Italian, Japanese, Hindi, and Portuguese. And it has a Trading Community that differentiates it from any other broker, called TradeGATEHub in which you can interact with more professional, experienced traders.
| TRADEVIEW | Platform | ASSETS TO TRADE | ACCOUNT MINIMUM | FEES |
Through the MT5 Web / Mobile / Desktop Site: tradeviewstocks.com/en/ | Futures Forex Stocks / Equities | $2500 $100 $5K | All-in pricing beginning with $0.1 per share |
Tradeview has one of the most robust arsenals of trading platforms; available such as Metatrader 4, Metatrader 5, cTrader, Sterling Trader Pro, Sterling Trade Web, DAS Trader, Takion, and Currenex.
With over 1000 instruments to trade from. Tradeview offers the best support to fulfill traders’ needs. It has professional staff with many years of experience, 24/6 global operations,technical support, and senior professionals tailor the service to your requirements and trading style, providing excellent execution and service
Tradeview offers efficient settlement utilizing industry-standard protocols, automated straight-through processing (STP). They also offer highly secure digital infrastructure with strong encryption protocols, including digital certificates and available dual authentication login, flexible reporting customizable to your needs, and sophisticated pre and post-trade allocation capabilities.
There are several excellent reasons why clients experience paramount safety and ease of mind when transacting with Tradeview:
- Accounts with Top Tier Banks
- Segregations of client funds
- Regulated in multiple jurisdictions
- Risk management system that ensures that clients’ account balances will never go negative.
Why Do People Choose TradeView?
We are in a phase of constant growth. Traders benefit from lower spreads to flexible Leverage and Commissions Payouts. We work to support traders in all their needs.
| Regulated and authorized by multiple jurisdictions. | Best-of-Market spreads from 0 Pips. | Unrivalled market execution with no re-quotes. |
| Protection to client funds with segregated accounts at Tier 1 banks. | Flexible Leverage up to 1:4000. | Variable spreads with variable commission types. |
| MT4, MT5, cTrader, and Currenex. | 25 of the world’s most Liquid Currency Pairs. | Zero charge on all deposits and withdrawals. |
| Mobile Trading. | Precious Metals including Gold and Silver. | Fund your account with Credit Card, Debit Card, Bank, Wire, and more. |
| Micro Lots for ALL Accounts. | U.S and European Index CDF’s. |
Trading platforms:
FOR FX MT4, MT5, C-TRADER, AND CURRENEX.
FOR STOCKS AND OPTIONS: MT5, STERLING PRO, LIGHTSPEED AND DAS TRADER,
Tradeview Markets is regulated by the Cayman Financial Services Authority (CIMA).
Ally
Surfs Up! Has developed a table where you can find all the main features, pros and cons of Ally:
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
|---|---|---|---|---|
| Ally | Support Self-directed, Managed Portfolios | Stocks, ETFs, Options, Bonds, Mutual Funds | N/A | $0 for online stock, ETF, or option trades; $0.50 per options contract; $20 + commission for broker-assisted trades; $9.95 for no-load mutual funds |
Pros:
- User-friendly
- Ability to pair bank accounts with investments in one app
- Best for banking products
Cons:
- Limited trade tools for expert traders
- Mobile app research is limited
Ameritrade
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| Thinkorswim by TD Ameritrade | Education, Retirement, Supports Standard, Others | Stocks, Mutual Funds, Bonds, Options, ETFs | N/A ($2,000 required for margin/options privileges) | $0 for online stock, ETF, and option trade; $0.65 per option contract; $25 for broker-assisted trades; $49.99 for no-load mutual funds |
Pros:
- Beginner and advanced mobile app
- Low-cost accounts
- Support for different assets and account types
Cons:
- Thinkorswim platform can be time-consuming to learn
Binance
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| Binance | Personal Account, Entity or Business Account | Cryptocurrency | $10 | 0.01% spot trading fee; 0.75% for Bitcoin trades; 0.5% Instant Buy/Sell fee; 4.5% for debit card transfers |
Pros:
- High-speed trade execution
Cons:
- Only for crypto
- Not available everywhere
- Regulatory issues in some countries
BlockFi
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| BlockFi – Buy & Sell Crypto | Interest accounts, Business cryptocurrency interest accounts | Cryptocurrency | $0 | 0% (spread fees up to 1%) |
Pros:
- Interest accounts available worldwide (except NY)
- Commission-free trades
- No minimum account size requirement
Cons:
- Limited crypto selection
- Only one free stable coin and crypto withdrawal per month
- Not protected by FDIC, SIPC, or other insurance
Charles Schwab
| Platform | Online Stock Trade Commission | Account Minimum | Fees |
| Charles Schwab | $0 | $0 | $25 for broker-assisted trades |
Pros:
- User-friendly mobile and desktop apps
- $0 commission
Cons:
- Fees for broker assistance
E*Trade
| Platform | Online Stock Trade Commission | Account Minimum | Fees |
| E*Trade | $0 (up to $6.95 for OTC stock) | $0 | $0 |
Pros:
- Experience since the 1980s
- Apps for beginners and experts
Cons:
- Acquisition by Morgan Stanley may bring changes
Fidelity
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| Fidelity Investments | Education, Retirement, Support Brokerage, Others | Stocks, Mutual Funds, Fractional Shares, ETFs | N/A | $0 for online stock, ETF, and option trade; $0.65 per option contract; $32.95 for broker-assisted trades; $49.95 for no-load mutual funds |
Pros:
- Intuitive trade entry
- Research sources
- Best for beginners
Cons:
- Limited advanced charting options
SoFi
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| SoFi Investment | Cryptocurrency Accounts, Retirement, Support Self-Directed, Managed Portfolios | Stocks, ETFs, Cryptocurrencies | $1 | $0 for online stock or ETF; 1.25% for crypto transactions |
Pros:
- Low fees
- Cash management accounts
- Loan products
- Integrated learning resources
Cons:
- Few account types
- Limited asset selection
Tastyworks
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| Tastyworks | Individual, Joint, Margin, Cash, Retirement, Corporate, Trust, International Accounts | Stocks, ETFs, Futures | N/A | $0 for stock/ETF trades; $1 per option on stocks/ETFs ($10 min); $2.50 per option on futures; $1.25 per futures contract |
Pros:
- Advanced trading features
- Capped fees on options trades
Cons:
- Limited educational resources
- High fees
TradeStation
| Platform | Online Stock Trade Commission | Account Minimum | Fees |
| TradeStation | $0 (but $10 for desktop trade for TS Go accounts) | $0 for TS Go; $2,000 for TS Select | Desktop app charges if balance < $2,000; fees for trades over $10,000 |
Pros:
- User-friendly mobile and desktop apps
- Advanced data feed access
Cons:
- Multiple fees
Webull
| Platform | Account Types | Assets to Trade | Account Minimum | Fees |
| Webull | IRA, Support Brokerage | Stocks, Options, Cryptocurrencies, ETFs | N/A | $0 for online stock, ETF, and option trade; $8–$45 for wire transfers |
Pros:
- Advanced chart features
- Free stock promotions
- Paper trading for virtual currency
Cons:
- Limited customer service
- Limited asset selection
There are many parameters to look at while choosing a broker which can be covered in different topics later. It is important to choose a broker not only on the basis of the trading application used but also on the products and services they offer. To get the best of the trading experience and trade execution along with other features which include programming and Algorithmic trading.
If you want to become a Trading master, make sure to enroll into our free Tradeview Academy! Find all the worldwide news, blogs, and info you need to build great trading strategies with Surfs Up!. If you want to check on those strategies and get advice from the pros make sure to join TradeGATEHub, the best trading community. Choose brokers that offer new technology that gives you the edge to be on top of the market. Now that you know about the best MetaTrader Brokers out there, open a Demo account with Tradeview and try it out!