Best Online Brokers for Beginners

29 March 2024

eToro


Practice account:

Minimum deposit: $10 

Ideal for: Copying successful traders with social trading and trade with 0% commissions for stocks and ETFs.

→ eTORO Review

 

78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

DEGIRO

Practice account:

Minimum deposit: £0,01

Ideal for: Trading stocks and ETFs with medium to long-term goals.

→ DEGIRO Review

 

  • Copy trading to copy Popular Investors' portfolios
  • User-friendly platform particularly for beginners
  • Trading of real shares/ETFs and CFDs
  • Minimum deposit of $100

eToro is the best broker for beginners due to the copy trading functionality and the platform and mobile app both easy to use for anyone.

 

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

XTB best broker for beginners
  5.0
  • Training material on the site to learn how to invest from scratch
  • 0% commission on shares/ETF, with minimum transaction of 10€
  • Demo account with virtual money
  • Investment plans to invest in the medium to long term

XTB allows you to invest in both real stocks/ETFs and CFDs. You can start investing from as little as 10€ and you can practice with the demo account.

 

Author of the review:

Alfredo de Cristofaro author
Alfredo de Cristofaro
Founder QualeBroker.com
Graduated in Economics of Financial Intermediaries, after having worked for several years at one of the main financial brokers in Europe, he decided to make available to investors the knowledge gained over the years. On QualeBroker.com he's responsible of reviewing the stockbrokers, making sure that the highest standards of safety and transparency are guaranteed.
Che investitore sei?

Want to find out which is the best broker for you?

Take the test to find out which are the best brokers in line with your investor profile.

Read more broker reviews: