Which trading platform or broker would you recommend for a new trader?

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Which trading platform or broker would you recommend for a new trader?

★ SUMMARY ★
There’s no such thing as the best broker
It’s not that one specific broker is the best broker. Just like choosing a car, whether that’s a convertible, a sedan, a van, a truck, every car vehicle is going to be different for that type of person along with the different color choices and options that you want.

It is going to come down to the type of trading that you personally do.

The cheapest is not always the best choice
Typically, initially, most people choose a broker based on fees, meaning commission rates, they want to choose lower commission rates, but this is not always the best way to choose a broker.

Customer support is important
Look for the cheapest after you have the experience
Most brokers will negotiate their rates

Posted at: http://investinghelpdesk.com/26-which-trading-platform-or-broker-would-you-recommend-for-a-new-trader

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Comments

Directedbyfola says:

i want to start trading online. what online trading sites would you recommend

3vG On says:

does it matter if i choose an american company when im living in australia?

Bree Lynice says:

This was helpful. Thanks Sasha

I C says:

1000 trades a month?! Who does that? I wonder whether even a scalper does that many.

Troy F. Hopkins says:

$1160 income today. broker link goo.gl/6UEhNH

Aaron Glusica says:

What are the fees for options trades, is it just 4.95+ .65 for a contract is their broker fees that apply as well. Thanks if you could explain that part.

Saron Trader says:

can you have more than 1 broker account, if so. Can you trade for example 3 day trades in one and 2 day trades in the other in a 5 rolling days, is it ok with PDT rule?

daniel castro says:

2k trades per month nice finance background #lmao

Robert Foster says:

you did not answer the question of your own title. very disappointing….. ill keep searching the web for the answer. thanks anyways

didier Humble says:

LOOK FOR A LOW FEE BASED PLATFORM
Inter Active brokers IS S GREAT
FORGER S A X O Bank IT WILL COST YOU A LOT
AND THEY ARE VER VERY VERY SLOW WHEN IT COMES TO CLOSE YOUR ACCOUNT
IN FACT THEY ARE VE RY RELUNTANT TO DO SO !!!!!
iNT
ER ACTIVE BROKERS HAS A L L THAT YOU NEED
SUPPORT
EDUCATION ETC ETC

Jeff Mee says:

I would recommend Robinhood for trades since they are commission free. Always go with limit orders… You'll have to go elsewhere if you want good charts though.

MoneyManFernando says:

I think it would be great if you made a video explaining how a trading platform works. Hopefully you can have the platform on screen while you trade. Thanks

Jones J says:

Don't forget about pattern day trading rule for margin accounts. This is one thing no Youtube "reviewer" ever discusses, until it bites the noobs in a behind

Martin Huarte Espinosa says:

Sasha: thanks for the very useful info man. Do you have an educational video about IRAs? Thanks.

Ali omar says:

hhh vad snakar du om. du vill ha bonus igenom att alla ska skriva in sig hos en brokert som ger dig bonus på varje trader du hämtar. hhh jag kä'nneer 30000 euro varje vecka minst. men det du snakar om är helt för mig skratta hh det gillar andra hungriga människor hhhhhh. visa resultat på din analys och trades positioner istället ljuga

SID Paulino says:

your videos are so helpful specially for us who are new in trading.. 🙂 im from the philippines and just wanna ask if those brokers are good here in the philippines? 🙂

homesinsienna.com says:

interactive brokers is king

Alex Skywalker says:

if you arent a US citizen colmex is real good

Perso Email says:

what about eOption? $3/per trade + $0.15/contract

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