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The Best Online Share Trading Sites for Beginners
If you are a beginner to online share trading, getting the right trading site is a prerequisite to success in...
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f you are a beginner to online share trading, getting the right trading site is a prerequisite to success in investing and making insane profits. A trading platform is so much more than just a website to place trades; it helps you build a solid investment foundation, it functions as a guide on what to do and what not to do, and can be a tool to create a lifelong portfolio of your strategy and investment skills.
Here are three of the best sites that we consider ideal for beginners to online share trading.
1. Ally Invest
If you are looking for the best online share trading platform that is both cheap and offers robust trading tools, Ally Invest may be exactly what you are looking for. With zero account minimum, no annual fees, and a cash bonus during signup, you can get access to a range of trading tools including free research, data charting and analytical tools, and many more. It is ideal for beginner investors
2. E-Trade
For a long time, E-Trade has remained the most highly recommended online share trading site largely because it offers easy-to-use yet highly invaluable trading tools. The broker offers a tired commission structure which means frequent and beginner traders get to spend less per trade compared to casual investors.
3. Fidelity
You may know Fidelity as a brokerage firm that deals in retirement accounts, but did you know that it is one of the most popular online shares trading sites that seasoned traders recommend to newbies? The site features a wide investment section, offers a large scope of research and data visualization tools, and is generally a strong trading platform with many guides for beginners.
Before signing up for an online shares trading account, be sure to research widely to find the most ideal platform for you, starting with these three.