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Updated 15 Mar 2023
Choosing the perfect broker for you is an important first step on your trading journey. Like a good pair of gloves, your broker of choice should be a suitable fit for you. But with so many brokers out there today, where do you start? Here at AskTraders, our expert team of trading professionals has taken care of all the hard work for you. We’ve reviewed and ranked our trusted broker partners to save you hours of research. Along the way, we’ve looked at everything from account types and features, to trading fees and FCA regulation and condensed all of this information into a handy snapshot overview.
51th

Changelly

Trader Rating
Strengths
  • More than 140 tradable cryptocurrencies
  • Low exchange fees when using digital coins to buy other tokens
  • It is effortless to use trading interface
  • Quality customer support offering
Weaknesses
  • High costs when using debit or credit cards
  • No educational offering
52th

Binance

Trader Rating
Strengths
  • The variety of different crypto pairs available
  • Small The variety of different crypto pairs available
  • The largest crypto exchange globally
Weaknesses
  • No support via phone
  • May be difficult for beginners
53th

Kraken

Trader Rating
Strengths
  • 17 cryptocurrencies
  • Detailed FAQ area
  • No deposit fees
  • Faster bank account payments
  • EUR, USD, CAD and Yen can be traded
Weaknesses
  • Registration required for trading
  • Website in English and Japanese only
54th

CedarFX

Trader Rating
Strengths
  • More than 180 tradeable assets across the range
  • Zero-commission accounts available
  • Spreads typically low, particularly in forex
  • High leverage for most products
  • 24/7 customer support available
Weaknesses
  • The broker is unlicensed and unregulated
  • Only bitcoin withdrawals accepted
  • No MT5 support
55th

SigFig

Trader Rating
Strengths
  • Low fees
  • Responsive customer support
  • Great usability
  • No annual fees
  • Free management for up to $10,000
Weaknesses
  • Lack of research/tools
  • $2000 minimum
56th

True Potential Investor

Trader Rating
Strengths
  • Easy-to-use platform and mobile app
  • Three popular account options and five different portfolio types
  • Professional-looking website
  • Great customer service
  • Award-winning fully-automated investment service
Weaknesses
  • No telephone support at night or on weekends
  • No personal pension withdrawals if you are under 55 years old
  • Cannot trade in or manage your own portfolio
57th

Infinox

Trader Rating
Strengths
  • Fast execution
  • Social trading with IX Social
  • Leverage up to 1:1,000 for some clients
  • Minimum deposit of only $1
Weaknesses
  • Limited number of markets
  • Some services exclusive to Professional accounts
58th

Webull

Trader Rating
Strengths
  • Zero commissions
  • User-friendly platform
  • High-grade analytical tools
  • Cryptocurrency trading
Weaknesses
  • Limited entry-level educational material
  • No mutual funds or bonds
59th

Interactive Investor

Trader Rating
Strengths
  • Up-to-date financial information for traders
  • Stress-free methods of payment
  • Accessible customer support services
  • Online app for mobile trading
  • Wide access to global markets
Weaknesses
  • No demo account for inexperienced traders
  • Lack of tutorials for self-learning
  • Reflection of payment is not instant for traders
60th

Charles Stanley Direct

Trader Rating
Strengths
  • An excellent reputation in the financial space
  • The trading platform is well-suited to beginner investors
  • Great customer support team
  • A wide range of different account types
Weaknesses
  • High fees
  • No educational resources
  • Research offering is not great
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