How to choose the best beginners' trading platform (2024)

OnlineMobileProgressive appProRealTimeMT4L2 DealerTrading goalsSuitable for all tradersSuitable for all tradersSuitable for all tradersProRealTime is more suitable for advanced traders, familiar with technical chartsMetaTrader4 is more suitable for advanced forex tradersL2 Dealer is direct market access more suitable for advanced stock tradersEase of use and accessibilityEasy enough for beginners, accessible via a browserEasy enough for beginners, accessible via app downloaded to your mobileEasy enough for beginners, accessible via a browser, with a mobile shortcut, tooNot designed for beginners, accessible via download on your computerNot designed for beginners, accessible via download. Also accessible on your phone via the appNot designed for beginners, accessible via downloadProducts and marketsTrade 17,000* markets via CFDsTrade 17,000* markets via CFDsTrading varies depending on account type, but includes all our standard productsTrade 17,000* markets via CFDsTrade 17,000* markets via CFDsTrade 17,000* markets via share CFDs, plus FX at pro levelPlatform costs and exchange feesFree of charge, with monthly exchange fees for some exchanges and L2 shares dataFree of charge, with monthly exchange fees for some exchanges and L2 shares dataFree of charge, with monthly exchange fees for some exchanges and L2 shares dataFree if you transact at least four times in a month. If not, a $40 per month fee will applyFree of chargeFree of charge, but minimum of $2000 account balance is requiredToolsUse signals, alerts, market orders, watchlists and price alerts. Plus, access in-platform newsfeeds, economic calendars and moreUse signals, alerts, market orders, watchlists and price alerts. Plus, access in-platform newsfeeds, economic calendars and moreUse stops, limits, guarantee stops and other orders, plus watchlistsUse watchlists, signals, price alerts and orders, as well as Autochartist. Plus, access in-platform newsfeeds, economic calendars and moreUse watchlists, price alerts and ordersUse watchlists and ordersRisk managementLimit orders, stops, guaranteed stops, trailing stops and negative balance protectionLimit orders, stops, guaranteed stops, trailing stops and negative balance protectionLimit orders, stops, guaranteed stops, trailing stops and more. Plus negative balance protection as per regulationLimit orders, stops, market orders, trailing stops and more. No negative balance protectionLimit orders, stops, market orders, take profit and moreA wide variety of order types includes limits, stops, market orders, algo trades, execute and eliminate, date, day, good for auction, good till canceled, at the auction and moreAccount managementWithdraw money, make deposits, register cards and more via My IGWithdraw money, make deposits and register cards via My IG. Plus, make bank or HKD FPS transfersMake deposits and manage settings via My IGWithdraw money, make deposits, register cards, manage settings and moreMake deposits and other account management through the web-based MT4 platformWithdraw money, make deposits, register cards, manage settings and moreCustomer servicePhone support 24/7, as well as via X (formerly known as Twitter) and email⁴Phone support 24/7, as well as via X (formerly known as Twitter) and email⁴