What is the best online stock broker for beginners?
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What is the best online stock broker for beginners?
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Hi there, I used to be on the same boots a year ago and it is quite difficult to start and learn but at the end you will feel satisfaction. I have found the best forex broker robomarkets https://www.robomarkets.com/ and feel safe earning my living. Don’t expect to jump into trading and get rich overnight, unless you have big balls and an incredible luck. Hope it can help
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@CarolinaLee said in What is the best online stock broker for beginners?:
What is the best online stock broker for beginners?
If you are just beginning to trade, it is better you opt for a discount broker. As a beginner you can learn better this way. With advisory services you may rely on your broker and not learn the market as well. Most of all, discount brokers charge very less brokerage compared to other brokers that offer advisory services also. So, unless you have a lot of money to shell out as a beginning, i would suggest opting for a discount broker. This way you can save a lot while testing the waters in the market. For example, Upstox does not charge any brokerage when you place delivery trades and as a beginner you’re going to be placing more delivery trades than others. Even trading in other segments comes at a price that is easy on your wallet so you are not losing out whatever you earn on paying brokerage. It is also important to remember that even if you dont have any profit from the trade and go into loss you are still paying brokerage so why choose to pay heavy brokerage? A discount broker like Upstox is considered best for beginners.
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Pay your attention to avatrade. During its existence, AvaTrade has gained a reputation as one of the leaders in the global online trading. The broker's head office is located in Dublin, Ireland. In addition to Dublin, operational offices are located in Paris, Tokyo, Sydney, Shanghai, Ulaanbaatar and Milan. The expansion is facilitated by a high level of customer confidence, a wide range of services offered and reliable software developed exclusively.
