Are you hoping to get into the stock market so you can start trading shares and hopefully make your money grow? Well, you are like a lot of people! After all, making smart investments with your money today can be a great way to improve your financial security in the present, and it is also a good way to prepare for the future. With the rising cost of living all over the world, you might be looking for ways to protect yourself against inflation and rising prices, and trading stocks may be a good way to go.
The first thing you need to think about when you are getting
into the stock market is which broker you will use. There are many options out
there, but they aren’t all created equal. And there are quite a few things to
consider so you can rest assured that you are making the right choice. To help
you get started, below is a list of brokers to check out as you search for the best stocks broker.
- 1. HFM– 5 stars
First up is HFM, which makes it simple to trade the top
stocks in the world, such as Amazon, Facebook, Netflix, and Google, to name
just a few. Plus, you can get prices in real time for your preferred stocks
that are found on the largest stock exchanges around the world. There are no
commission fees to worry about, you can get dividends easily into your account,
and you can trade more than 2,000 stocks. Also, you can reap the benefits of
the MT5 platform, which has an interface that is user-friendly. There are also
more than 80 technical indicators, and you can use one click trading too, so
there are a lot of features that are worth checking out on the platform.
Definitely consider HFM, regardless of your experience in stock trading.
- 2. Interactive
Brokers – 4.5 stars
Interactive Brokers is considered another one of the top
online brokers for those who are interested in trading stocks. They have low
trading costs, and you can invest in more than just stocks because you can also
trade futures, options, and more. You can gain access to global markets, as
well as use free trading tools that can help make trading easier. Plus, their
trading platforms are easy to use, whether you are on a desktop computer or a
mobile device.
- 3. Dyer
and Blair Investment Bank – 4.5 stars
Dyer and Blair Investment Bank is another broker that is
worth considering if you are in Kenya and you are looking for a reliable
company to work with. They can help you with equity trading, fixed income
capital markets, over-the-counter trading, and more. And for your convenience,
they also have an Online Share Trading (OST) platform that can help you make
the most of your trading strategy. Features include 24-hour access to your
account, real-time access to reports and market prices, and secure
transactions.
- 4. Suntra
Investment Bank Limited – 4 star
Yet another option that is worth considering in the world of
stock brokers is Suntra Investment Bank Limited. They have been around for a
long time, so they can be a good option if you are already familiar with them and
you want to stick with a company that has a good history. They offer fixed-income trading, equity trading, and more. Plus, they have an online trading
platform that makes trading easier and more convenient.
- 5. Faida
Investment Bank – 4 stars
Finally, there is Faida Investment Bank, which offers
brokerage services, managed futures, and more. This is another option that has
been around for a long time, so they are worth looking into when you are ready
to start trading. Plus, they make it easy to trade with their Faida M-trader
mobile app. This trading platform provides you with a lot, such as corporate
news, real-time market analytics and stats, client statements, market
recommendation reports, and more.
Start Trading Stocks with the Right Broker
With so many great stock brokers to consider this year,
there is no reason to delay getting into this investment strategy, especially
if you have thought about it a lot in the past but you have been hesitant to
begin.
Choosing the right broker can be a daunting process. Simplify the process by carefully doing some research into the brokers that you can use. Compare their pros and cons, and read customer reviews if you can find them, as they can help you gain more insight into what a broker is like. Before you know it, you will have narrowed your list of options down to the one that you think is the perfect fit for your expectations and needs. Then, it is a matter of investing your money in a smart way so it can grow.