Best Brokers For Beginners 2025
Jump into our selection of the top brokers for beginners, selected after careful testing of their platforms, tools and accounts, considering the unique needs of newer traders.
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1
Cronika's $10 minimum deposit and $1 trade size, plus instant access to a $5,000 demo account, seem beginner-friendly. However, the platform's manual bank transfer funding and lack of regulation pose risks and can confuse new traders.
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2
In our tests, Pepperstone was beginner-friendly, offering a low minimum deposit, responsive 24/5 support, and free demo accounts. Educational resources included webinars, trading guides, and strategy tutorials. The MT4, MT5, and cTrader platforms were intuitive and fast. Access to forex, indices, commodities, and crypto provided new traders with a secure, low-risk environment to practice and build skills.
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3
In our recent tests, eToro was helpful for beginners by offering a low minimum deposit, responsive 24/5 support, and free demo accounts. Educational resources included webinars, trading guides, and social trading features to learn from others. Reliable execution and access to stocks, ETFs, forex, and crypto offered a low-risk environment for new traders to practice and gain confidence.
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4
In our tests, XTB supported beginners with a low minimum deposit, responsive support, and free demo accounts. Educational resources included videos, webinars, and detailed guides. The xStation platform provided intuitive tools and risk management features. Access to forex, indices, commodities, and cryptocurrencies enabled new traders to learn and practice in a secure, low-cost environment.
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5
Our tests show that InstaForex helps beginners with a low minimum deposit, 24/7 support, and free paper trading accounts. Educational tools include tutorials, webinars, and daily market analysis. Execution is efficient on MT4 and MT5 platforms, giving new traders access to forex, indices, commodities, and crypto for learning and practicing trading strategies in a low-risk setting.
Top Brokers For Beginners Comparison
| Broker |  |
USD Account |
Excellent Education |
Copy Trading |
Trading Signals |
|---|---|---|---|---|---|
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✓ | ✗ | ✗ | ✗ | |
 |
✓ | ✓ | ✓ | Yes (Via Chartist Software) | |
 |
✓ | ✓ | ✓ | ✓ | |
 |
✓ | ✓ | ✗ | ✓ | |
 |
✓ | ✓ | ✓ | ✗ | |
| Broker | |
USD Account |
Excellent Education |
Copy Trading |
Trading Signals |
Broker Details Comparison
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
|---|---|---|---|---|---|---|
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✓ | $10 | $1 | ✗ | Binary Options | Own |
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✓ | $0 | 0.01 Lots | 1:30 (Retail), 1:500 (Pro) | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower |
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✓ | $100 | $10 | 1:30 EU | Stocks, ETFs, Options, Crypto | eToro Web, CopyTrader, TradingCentral |
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✓ | $0 | 0.01 Lots | 1:30 (EU) 1:500 (Global) | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs | xStation |
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✓ | $1 | 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) | 1:1000 | Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures | MT4, MT5 |
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
Safety Comparison
Compare how safe the Best Brokers For Beginners 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✓ | ✗ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
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✓ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers For Beginners 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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✗ | ✗ | ||
|
iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✓ | ||
|
iOS and Android + browser based platform | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Brokers For Beginners 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $10 | $1 | ✗ | ✗ | ||
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✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $100 | $10 | ✓ | ✗ | ||
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✓ | $0 | 0.01 Lots | ✓ | ✗ | ||
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✓ | $1 | 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Brokers For Beginners 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✓ | 1:30 (Retail), 1:500 (Pro) | ✓ | ✗ |
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Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✗ | ✗ | ✓ | ✗ | 1:30 EU | ✗ | ✓ |
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Open API | ✗ | ✗ | ✗ | ✓ | 1:30 (EU) 1:500 (Global) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:1000 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers For Beginners 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✓ | ✓ | ✗ | ✓ |
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✓ | USD: 5.3% | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 2%, GBP: 4.5%, EUR: 1.25% | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Brokers For Beginners 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers For Beginners 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
|
✗ | $0 | ✗ | ✗ | ✗ | |
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✓ | $0 | 0.02 | 0.1 | BTC 30, ETH 0 | |
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✓ | $10 | 0.57 (Apple) | 0.9 | BTC 1% | |
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✗ | $0 | 0.2% | 1.0 | 0.22% | |
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✓ | €5 | 0.1% | 0.2 | 0.1% | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Brokers For Beginners 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| eToro |
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| XTB |
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| InstaForex |
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| Pepperstone |
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Why Trade With Cronika?
Cronika is ideal for active binary traders who want to trade forex and crypto with stakes as low as $1 and are okay with no regulatory oversight. It suits budget-conscious traders with under $100, who appreciate a seamless demo experience without sign-up, but don't need educational or research tools.
Pros
- Contract expiry times range from 10 seconds to 4 hours, which supports short-term trading strategies, though there is no 'rollover' feature to extend trades.
- We spent hours trading on Cronika's web platform, which uses a custom integration of TradingView. It's intuitive and provides familiar charting tools for those conducting technical analysis.
- Most assets on Cronika offer a fixed 80% payout, and some cryptocurrencies pay over 85% depending on trading sessions. This provides predictable returns, allowing you to know your potential profit before trading.
Cons
- Despite claims of 23 forex pairs and an iOS app, we found only 14 pairs on the platform, and the iOS app was not in the App Store.
- We looked on the platform for market analysis, news feeds, or learning tools and found nothing. Each trade must rely entirely on outside research.
- One issue during testing was the absence of an expiry countdown feature. We had to manually enable TradingView's "countdown to bar close" on each chart, which was tedious when handling multiple trades.
Why Trade With Pepperstone?
Pepperstone is a leading choice for trading with low spreads, quick execution, and advanced charting for experienced traders. New traders benefit from no minimum deposit, a wealth of educational resources, and 24/7 support.
Pros
- Pepperstone provides impressive transaction completion speeds, averaging about 30ms. This allows for quick order processing and execution, making it suitable for traders.
- Get top-notch customer support through phone, email, or live chat. Expect responses within <5 minutes based on our trials.
- Pepperstone now offers spread betting via TradingView, enabling tax-efficient trading with sophisticated analysis tools.
Cons
- Pepperstone does not support cTrader Copy, a popular feature in the cTrader platform available at alternatives like IC Markets, though it has launched an intuitive copy trading app.
- Despite expanding its market range, crypto options are limited compared to other brokers in this area, and there is no option to invest in actual coins.
- Pepperstone's demo accounts last for 30 days. This might be insufficient for learning the various platforms and testing trading strategies.
Why Trade With eToro?
eToro's social trading platform ranks highly due to its excellent user experience and active community chat, useful for beginners seeking trading opportunities. The platform also offers competitive fees on a vast selection of CFDs and actual stocks, alongside beneficial rewards for skilled strategy contributors.
Pros
- The broker offers excellent services for beginners, including commission-free stock trading, a low minimum deposit, and an unlimited demo account.
- Charts use TradingView, providing strong technical analysis features with 9 chart types and 100+ indicators.
- eToro has expanded its investment options by regularly adding new crypto assets, now offering over 100 digital currencies.
Cons
- There are no guaranteed stop-loss orders, which would be a helpful risk management feature for beginners.
- Contact options are limited, except for the in-platform live chat.
- The absence of extra charting platforms like MT4 may reduce the appeal for experienced traders used to third-party software.
Why Trade With XTB?
XTB is a leading choice for new traders due to its exceptional xStation platform, no commission costs, no mandatory deposit, and high-quality educational resources, most of which are smoothly incorporated into the platform.
Pros
- Great customer support 24/5, including a live chat service. During tests, responses were typically provided in less than two minutes.
- XTB provides swift same-day withdrawals for requests made before 1 pm. This grants traders prompt access to their funds.
- XTB provides an extensive set of educational resources such as training videos and articles on its platform, making it suitable for traders of all skill levels.
Cons
- Trading costs are fair with typical spreads of around 1 pip on the EUR/USD. However, they're not as low as those offered by the least expensive brokers, like IC Markets. Also, an inactivity fee applies after one year.
- XTB's research tools are decent but could be improved by expanding beyond their own features to include top external tools like Autochartist, Trading Central, and TipRanks.
- XTB does not provide a raw spread account. This is often given by competitors such as Pepperstone. This can be of disadvantage to traders searching for the narrowest spreads.
Why Trade With InstaForex?
InstaForex is a leading forex broker offering more currency products than most competitors. Its narrow spreads and low minimum deposits cater to traders of all experience levels, particularly those knowledgeable in the MT4 and MT5 platforms.
Pros
- The broker is beginner-friendly, offering low initial deposits and commission-free trading.
- InstaForex provides an excellent trading setting, equipped with the robust MT4 and MT5 platforms. These platforms include various technical analysis tools, automation features, and several types of orders.
- The broker is an excellent choice for serious forex traders. It offers over 100 currency pairs, narrow spreads starting from 0.0 pips, and a top-tier collection of forex market resources.
Cons
- The broker only offers CFDs for trading.
- The broker's website and client interface are not user-friendly, particularly for new traders.
- Customer support is offered in English, Czech, Polish, and Slovak.
Filters
Methodology
To rank the top brokers for beginner traders, we prioritized:
- Quality learning materials.
- Free access to demo trading.
- Beginner-friendly accounts.
- User-friendly platforms and apps.
- Special features for new traders like social trading.
- Reliable customer support.
- Trustworthiness based on our experts’ opinions.
What to Look For in a Beginner-Friendly Broker
These are the key factors to consider when picking the right broker for your needs as a beginner:
Education Resources
Knowledge is your most powerful tool as a new trader. Look for brokers that provide comprehensive educational materials to help you learn the basics and improve over time. This can include:
- Guides and tutorials: Step-by-step articles, videos, and webinars explaining trading fundamentals.
- Glossaries: Clear explanations of technical terms so you won’t feel lost.
- Interactive learning tools: Quizzes, courses, and practice exercises.
Why it matters: Knowledge is power. Comprehensive resources save you time scouring the internet for credible information and help you build confidence.
After years of personally reading guides, watching webinars, and completing quizzes, IG stands out with superior education, featuring its own academy and content specifically tailored to beginners.
IG – Beginner Courses
Demo Trading
Before you risk real money, demo accounts let novice traders practice in a risk-free environment. These accounts use virtual funds, typically $10,000 to $100,000, so you can:
- Get familiar with the broker’s platform and app.
- Test out trading strategies.
- Build confidence without pressure.
- Experiment with different trading styles to find what suits you.
Why it matters: Mistakes in a demo account won’t cost you a penny, but they’ll teach you invaluable lessons.
I’ve used dozens of demo trading accounts over the years, but I return to the paper trading mode at AvaTrade’ because it never expires – perfect for beginners who want to continue testing trading strategies, even after they’ve transitioned to real-money trading.
AvaTrade – Demo Platform
Beginner-Friendly Accounts
Starting small is key when you’re learning the ropes. Beginner-friendly accounts are designed to lower barriers to entry:
- Micro or cent accounts: Trade with very small position sizes to reduce risk.
- Low minimum deposits: Start with as little as $10 or increasingly $0 instead of hundreds.
- Simple fee structures: Avoid hidden fees and confusing commission models.
Why it matters: Starting small lets you learn at your own pace without stressing about losing significant money upfront.
XTB ticks every box when it comes to beginner-friendly trading accounts with no minimum deposit, trade sizes of just 0.01 lots and a commission-free trading account that keeps pricing simple.
User-Friendly Platform
Trading platforms can be intimidating at first, so prioritize brokers with intuitive platforms and mobile apps. Features to look for:
- Clean, simple interface: Easy navigation and straightforward charting tools.
- Intuitive design: Easy navigation and clearly labelled features.
- Mobile compatibility: A functional app for trading on the go.
- Customizable dashboards: Set up the platform to suit your needs.
Why it matters: If the platform frustrates you, trading becomes a chore. A smooth experience keeps you motivated.
The TradingView platform at Eightcap is among the best I’ve used. I love the intuitive workspace, modern look and feel, plus the heaps of charting tools, including 21 customizable chart types and over 100 indicators.
Opportunities to Learn from Experienced Traders
You can benefit from observing and copying more experienced traders as a beginner. Social trading and copy trading features allow you to:
- Follow skilled traders: Learn their strategies and understand their decisions.
- Copy trades automatically: Mirror the trades of successful traders in real-time.
- Social trading: Follow discussions and insights from a trading community.
- Engage with a trading community: Ask questions, get tips, and learn collaboratively.
Why it matters: These tools give you a shortcut to learning successful strategies and understanding market behavior.
The social trading network at eToro continues to lead the pack with an unrivalled user design, a hugely active community, and the ability to follow the trades of pros in a few clicks.
eToro – Copy Traders
Excellent Support
When you’re new to trading, questions will arise. Reliable customer support can make or break your experience. Look for:
- 24/5 or 24/7 support: Especially important if you trade across global markets.
- Multiple support channels: Live chat, email, phone, a detailed FAQ section, and increasingly social media.
- Responsive, helpful answers: Quick and clear assistance without canned responses.
Why it matters: Quick, clear answers help you stay confident and keep moving forward, especially in fast-moving markets.
I’ve tested the support at countless brokers over the years and Pepperstone remains at the top if you want fast, dependable responses, typically received in less than 5 minutes through live chat.