Stock BrokerA stockbroker is a registered representative who acts as a link between a buyer and a seller. when choosing a stockbroker you should look for a few things- Fees: If you want to day trade always look for a broker who is charging low trade fees from you, otherwise you will end up losing lots of money on fees because of frequent order executions.
- Security: Try to register with brokers who are giving you advanced security features like 2fa, device verification.
- Volume: Choose your country’s most popular brokers where lots of people are already trading, otherwise low volume platforms can give you slippage problems while executing high volume orders.
- Server Issue: If you have planned to do day trading especially when it comes to leverage trading you should always look for brokers who’s server response is very good during busy market hours, otherwise there are some brokers who used to face server issues during very busy market hours and that can cause big loss if your order does not execute because of a server problem.
- User Interface: Always prefer brokers who have simple UI, and provides charting data to their site, it will help you to trade and analyze the market at the same time.
- Customer Service: Always look for brokers who have very active and great customer service.
List Of Some Good Online Stock Brokers1. TD Ameritrade:TD Ameritrade meets the needs of both active traders and beginner investors with quality trading platforms, $0 commissions on online stock, options, and ETF trades and a large selection of mutual funds. Website: https://www.tdameritrade.com
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