Broker Reviews Overview
Choosing the perfect broker for you is an important first step on your trading journey. Like a good pair of gloves, your broker of choice should be a suitable fit for you. But with so many brokers out there today, where do you start?
Here at AskTraders, our expert team of trading professionals has taken care of all the hard work for you. We’ve reviewed and ranked our trusted broker partners to save you hours of research.
Along the way, we’ve looked at everything from account types and features, to trading fees and FCA regulation and condensed all of this information into a handy snapshot overview.
Strengths
- Huge range of CFDs and stocks to trade
- Innovative CrowdTrading platform
- Easy to use website/software
- Dedicated mobile app
- Customer support available 24/5
Weaknesses
- Entry-level traders can’t access MT5
- No crypto trading
- Not an extensive selection of forex pairs to trade
Strengths
- Huge selection of financial instruments to choose from
- Competitive fee structure
- Quality proprietary trading platform
- Very security conscious platform
Weaknesses
- The proprietary trading platform is not accessible straight away
Open Demo Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Full Review
Strengths
- FCA and global regulation
- Strong education
- Numerous account types
Weaknesses
- Does not offer own trading platform
- Disappointing number of markets
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open Demo Account
77.77% of retail investor accounts lose money trading CFDs
Full Review
Strengths
- More than 20 years of experience
- Regulated by CySEC
- Over 213 tradeable assets
- Offers a range of asset classes
Weaknesses
- It can be hard to find bid/ask spreads
77.77% of retail investor accounts lose money trading CFDs
Strengths
- More than 140 tradable cryptocurrencies
- Low exchange fees when using digital coins to buy other tokens
- It is effortless to use trading interface
- Quality customer support offering
Weaknesses
- High costs when using debit or credit cards
- No educational offering
Strengths
- The variety of different crypto pairs available
- Small The variety of different crypto pairs available
- The largest crypto exchange globally
Weaknesses
- No support via phone
- May be difficult for beginners
Strengths
- 17 cryptocurrencies
- Detailed FAQ area
- No deposit fees
- Faster bank account payments
- EUR, USD, CAD and Yen can be traded
Weaknesses
- Registration required for trading
- Website in English and Japanese only
Strengths
- More than 180 tradeable assets across the range
- Zero-commission accounts available
- Spreads typically low, particularly in forex
- High leverage for most products
- 24/7 customer support available
Weaknesses
- The broker is unlicensed and unregulated
- Only bitcoin withdrawals accepted
- No MT5 support
Strengths
- Low fees
- Responsive customer support
- Great usability
- No annual fees
- Free management for up to $10,000
Weaknesses
- Lack of research/tools
- $2000 minimum
Strengths
- Easy-to-use platform and mobile app
- Three popular account options and five different portfolio types
- Professional-looking website
- Great customer service
- Award-winning fully-automated investment service
Weaknesses
- No telephone support at night or on weekends
- No personal pension withdrawals if you are under 55 years old
- Cannot trade in or manage your own portfolio
