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10 Best Online Stock Brokers of 2020
We analyze 10 of the best Stock Brokers recommended in 2020
Since the 17th Century stock trading has been popular. The Dutch East India Company became the first company to issue stocks in 1602 A.D after it sold the shares on its own Amsterdam Stock Exchange (the first stock market).
Stock trading has been an efficient and effective way for investments that families and individuals have used to increase their passive income, build up wealth and accumulate capital. We analyze 10 of the best online stock brokers in 2020.
1. IQ OPTION
Over 50 million users
Over 170 stocks and shares to choose from
Minimum stock Investment $1
Minimum deposit $10
Super tight spreads (in some cases below 0.02%)
Invest in cryptocurrencies, including Bitcoin and Ethereum
Custom made trading platform available across all devices
#2 Expert Option
Over 35 million traders
Online and mobile account management
Minimum investment of $1
Over 100 stocks to choose from
Trade stocks on all devices
No commissions on withdrawals
Minimum deposit and withdrawal of $10
Over 20 online payment systems
#3 Olymp Trade
100% deposit bonus
Minimum trade of $1
Tournaments with cash prices
No deposit and withdrawal fees
Each trader is insured for up to $20,000
Deposits kept in European Bank
Is a Category A company regulated by FCA
Over 20 online payment systems
Custom trading platform available on all devices
#4 IC Markets
Has been in operations for more than 10 years
Has true ECN market access
Offers a cTrader platform
Over 200 assets to choose from
Lowest spreads of 0.1pips
Wide range of deposit and withdrawal methods including bitcoin and paypal
Allows scalping, hedging and automated Expert Advisor trading (EAs)
Instant execution as there are no Auto dealers
#5 Binomo
100% deposit bonus
Custom trading platform available on all devices
Regulated by FMRRC and CySEC
Holds regular tournaments and contests with cash prizes
#6 FXTM
Supports Auto trading via Fxtm Invest or EAs
Deposits from $10
Offers welcome bonus
Very tight spreads
Offers ECN accounts
Offers Islamic accounts
Over 100+ trading assets
Offers live and demo competitions with cash prizes
#7 XM
Has been in operations for more than 10 years
Does not charge commission or fees
Over 100 assets to choose from
100% Deposit bonus of up to $1,000 daily
Offers a $30 no deposit bonus free
Deposits from $5
No withdrawal fee
#8 FBS
Provides 100% deposit bonus
Trusted by over 15 million traders
Offers live and demo competitions with cash prizes
Has been in operations for more than 10 years
Trade with as low as $1
Supports ECN accounts
Spreads from 0 pips
Offers a $50 no deposit bonus free
123-456-7890