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.
-
1eToro is a platform for social investing that provides options for both short and long-term trading on stocks, ETFs, options, and crypto. The platform is recognized for its easy-to-use, community-oriented interface and reasonable fees. With oversight from FINRA and SIPC, and used by millions globally, eToro is a reputed name in the industry. Trading on eToro is facilitated by eToro USA Securities, Inc.
-
2NinjaTrader is a US-based brokerage regulated for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features.
-
3Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
-
4Plus500 is a reputable broker that began operating in the US in 2021. It is accredited by the CFTC and NFA to provide futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. The creation of an account on Plus500 takes only 10 minutes, and you need a minimum of $100 to start trading. Its user-friendly web platform makes it a strong choice for US traders.
-
5Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
Top Brokers For Beginners Comparison
| Broker |  |
USD Account |
Excellent Education |
Copy Trading |
Trading Signals |
|---|---|---|---|---|---|
 |
✓ | ✓ | ✓ | ✗ | |
 |
✓ | ✓ | ✗ | ✓ | |
 |
✓ | ✓ | ✗ | ✗ | |
 |
✓ | ✓ | ✗ | ✗ | |
 |
✓ | ✓ | ✗ | ✗ | |
| Broker | |
USD Account |
Excellent Education |
Copy Trading |
Trading Signals |
Broker Details Comparison
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
|---|---|---|---|---|---|---|
|
✓ | $100 | $10 | ✗ | Stocks, Options, ETFs, Crypto | eToro Trading Platform & CopyTrader |
|
✓ | $0 | 0.01 Lots | 1:50 | Forex, Stocks, Options, Commodities, Futures, Crypto | NinjaTrader Desktop, Web & Mobile, eSignal |
|
✓ | $0 | $100 | 1:50 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
|
✓ | $100 | 0.0 Lots | ✗ | Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts | WebTrader, App |
|
✓ | $100 | 0.01 Lots | 1:50 | Forex, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView |
| 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 |
|---|---|---|---|---|
|
✗ | ✗ | ✓ | |
|
✗ | ✗ | ✗ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✗ | ✓ | |
|
✗ | ✓ | ✗ | |
| 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 |
|---|---|---|---|---|
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✓ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
| 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 |
|---|---|---|---|---|---|---|---|
|
✓ | $100 | $10 | ✓ | ✗ | ||
|
✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $0 | $100 | ✓ | ✗ | ||
|
✓ | $100 | 0.0 Lots | ✗ | ✗ | ||
|
✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
| 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 |
|---|---|---|---|---|---|---|---|---|
|
✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✓ |
|
NinjaScript or via Automated Trading Interface | ✗ | ✗ | ✗ | ✗ | 1:50 | ✓ | ✗ |
|
Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
|
✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | USD: 4.9% | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
| 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 |
|---|---|---|---|---|---|---|
|
✓ | $10 | $0 | ✗ | BTC 0.75% | |
|
✗ | $25 | ✗ | 1.3 | Floating | |
|
✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
|
✗ | $0 | ✗ | 0.75 | ✗ | |
|
✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
| 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 |
|---|---|
| Interactive Brokers |
|
| eToro USA |
|
| NinjaTrader |
|
| FOREX.com |
|
Why Trade With eToro USA?
eToro is a top choice for traders due to its top-notch social investing and copy trading services. The broker caters well to new traders with its low deposit requirement, commission-free trading, and user-friendly platform.
Pros
- Traders can use Smart Portfolios for a simpler approach, covering multiple sectors and markets like renewable energy and artificial intelligence.
- The low minimum deposit and simple account setup allow beginners to start trading quickly.
- The broker's Academy provides extensive educational resources for traders, ranging from beginners to advanced levels.
Cons
- Average fees can reduce the profits of traders.
- The exclusive terminal does not accommodate trading bots and lacks extra equity market analysis tools.
- Traders used to third-party charting tools won't find MetaTrader 4 platform integration.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- Low costs, with $50 trading margins and commissions starting at $.09 per micro contract.
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
- Traders can access a free platform and trade simulation capabilities with the unlimited demo.
Cons
- You need to register with partner brokers to trade in securities other than forex and futures.
- The advanced trading tools require an additional fee.
- Some payment methods require a withdrawal fee.
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
Why Trade With Plus500 US?
Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.
Pros
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
Cons
- Despite its competitive pricing, Plus500 US does not offer a discount for high-volume traders, a feature that brokers such as Interactive Brokers provide.
- Plus500 US presently offers about 50 futures for trading, but currently does not provide stocks.
- Plus500 US doesn't include social trading features, unlike platforms such as eToro US. Including this feature may benefit potential traders.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
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.