Best Online Brokerage in The World

If you’re looking for a guide to help you choose one of the best online brokerage, you’ve come to the right place. Join us in learning about the best options on the market, and the most important factors to consider when evaluating a platform that might fit your investor profile.

Brokers have changed a lot in the last 30 years, more so than in the last 100 years. New technologies have drastically changed the industry and have created new niches and markets for financial products.

What Is a Stockbroker?

A stockbroker is a professional who is dedicated to stock market intermediation. These can be individuals or companies, although the current trend is for organizations to handle most transactions.

Their role is to buy and sell securities on behalf of clients, but they can also do many other things, such as manage dividend payments, issue securities, and perform even more specific activities. This means that we need the best online brokerage to do business in the stock market.

As retail investors, we can’t just go to the stock market and buy it. An intermediator is mandatory and must also be registered with the corresponding national agency. They are also in charge of advising clients on investment and stock market matters, which other agents who are not registered as brokers cannot do.

One of their characteristics is that they offer fully automated platforms. There are still some intermediaries working by phone, but fewer and fewer each time.

Looking For the Best Online Brokerage in Europe

Choosing the best online brokerage is essential if you want to succeed in this difficult market. The difference between choosing one or another broker can mean a profitable strategy or a losing strategy.

• XTB: XTB is the best online brokerage in Poland; it is listed on the country’s stock exchange and also has a very important presence in other European countries, including Spain. One of its products is stock brokerage, as it provides stock brokerage services for the Spanish and international stock markets. It is of course a regulated broker and one of the safest brokers on the European market.

• Renta 4: This experienced Spanish broker is one of the best online brokerage in the Spanish-speaking world. After several years of consulting in Spain, the company also moved to South America, where it positioned itself as a broker in countries like Peru.

• Dif Broker: This broker of Portuguese origin is one of the most well-known and experienced brokers in the European markets. They are a stockbroker with a very strong portfolio of services and products that allow them to trade a variety of derivatives in addition to traditional equities. Their commissions are about the industry average.

• Vivid Money: Vivid Money is a new bank that is entering the European stock market. They’re stock fees are similar to those of his previous broker Ninety Nine. In addition, it is a completely modern broker that provides services on mobile devices and all transactions can be done automatically. It also has a competitive commission program.

The Best Brokers in Europe

Undoubtedly, The European market is one of the most complex in the world, dealing not only with EU regulations, but also with individual country regulations, which can sometimes make it difficult to navigate EU regulatory waters.

• DEGIRO: Known as the cheapest broker in the world, or at least it was, due to the advent of «commission-free brokers» you can no longer be sure of who is the cheapest. DEGIRO continues to be one of the most popular brokers among European investors and has quite a good reputation. The company’s secret is in easy negotiations and highly competitive commissions.

• eToro: Cypriot origin brokers now operate worldwide, but are based in Europe and regulated by Cyprus (EU) and the UK (FCA). In this way, it can serve clients in almost every country in the world, even in the difficult US market, which is difficult for foreign brokers to penetrate. There are many interesting things about this stock broker, who is also a well-known social trading broker.

• Admiral Markets: The Baltic broker has one of the highest reputations in the European brokerage market. Its specialty has always been Forex and CFD trading, but over the years it has added stockbrokers, and the ability to trade shares in countries like Spain. This makes it one of the most sought after brokers by European traders.

• Naga: Naga Markets is a very interesting broker of German origin that has grown rapidly in recent years and offers very good products. It not only provides stock brokerage services, but also various other services: Social commerce, Trade CFDs and Forex, Buy and sell cryptocurrencies.

This makes it one of the best online brokerage in Europe.

Stock Brokers of America

The US brokerage market is very strong, but most foreigners cannot open accounts with them.

• Interactive Brokers: Interactive Brokers has been the most famous online stock broker for the last two decades, at least until new online brokers like DEGIRO or eToro appeared. It is still a very used broker among old school investors. The good thing about this broker is that you can open an account in almost any country in the world, which is why it is one of the options chosen by investors from Spain or Latin America.

It has very competitive commissions and is very similar to DEGIRO, making it another option to invest in the stock market in the long term.

• TradeStation: TradeStation broker has been the most famous competitor of Interactive Brokers and is very similar in terms of services and the ability to open accounts for foreign citizens. In addition to being a traditional online stockbroker, it is also a major broker in the futures market. Its platform is also notorious for its robustness.

The Best Online Brokerage in Latin America

Latin America is a region with a large number of stockbrokers. We can find hundreds of companies of this type, especially in large countries such as Mexico, Argentina, or Colombia.

• Kuspit: It is a Mexican stock broker specializing in the online stock market. It has the most advanced commercial technology and is highly valued by the most technologically savvy investors in Mexico. It is undoubtedly one of the best online brokerage in Mexico.

• Larraín Vial: Larraín is one of the most important brokerage houses in Latin America, with operations in Chile, Colombia, and Peru, three countries that have experienced the fastest growth in the region over the last decade. Without a doubt, this is one of the best stock trading opportunities in the region.

• Credicorp Bank: The largest bank in Panama dealing with financial services and also stock brokers. It also has a presence in Colombia, where it has a significant customer base. Due to the institutional profile of the company, it is possible to review the company’s accounts. It is one of the most popular investment opportunities in Colombia.

• Balanz: Balanz is one of the best online brokerage in Argentina. It is one of the brokers in the country that offers more diversified financial services with access to the stock market, as well as the derivatives, or real estate investment market.

• Invertir Online: The largest Argentine stockbroker specialized in online trading with an advanced platform to invest in Argentina. The broker has a virtual trading platform to practice investing in virtual currencies, which is recommended before opening a real account.

Tips For Choosing the Best Online Brokerage

We must focus on choosing an internationally renowned stockbroker, as we have seen here, or a stockbroker in our country, which we must consider to be a regulated or registered broker by the competent authority. In fact, you can save yourself a lot of trouble by spending a few hours finding this information.

The issue of commissions is one of the most frequently asked questions when looking for the right stockbroker. Of course, people are always looking for the cheapest broker. Nobody likes to pay for expensive products.

Fortunately, there are many brokers with very competitive prices. You just have to look for them.

Be careful when investing in other markets. In recent years, many competitors have appeared among stockbrokers. These competitors include currencies, cryptocurrencies, and finally DeFi, another blockchain product.

A Forex or CFD broker can also be a stockbroker, but does not have to be. Many CFD brokers are only industry-specific brokers.

In the world of Defi we enter the world of negotiations without financial intermediaries. In other words, it is an area that does not require a stockbroker. The industry has the potential to kill off those same stockbrokers in the future.

Find more information about brokers for different commodities in our site PortalApk.