Ranking of the best brokers for stock trading 2023. Hot list for choosing the right broker for your stock trading.
Popularity, trading conditions, and costs to be incurred for investments in shares with the 8 best brokers in the world.
The most popular brokers to trade shares with in 2023
Every trader who invests his own funds online in stocks or any other instrument is always looking for the broker that best suits his needs and offers an advantageous, suitable, compatible trading environment. To address this, after carrying out a thorough research, our team managed to compile a list of the 8 best brokers both by popularity and by trading conditions that allow investments in shares.
Taking a look at the table below you will be able to find out in detail the most quoted brokers in the world in 2023 for investments in shares.
|Rank||Types of actions|
|1. Deriv||CFDs on shares|
|2. FXTM||CFDs on shares and baskets|
|3. FxPro||Stocks and CFDs|
|4. HFM (HF Markets)||Equities and CFDs|
|5. XTB||Equity CFDs|
|6. LiteFinance||Equity CFDs|
|7. Exness||Equity CFDs|
|8. HYCM||Equity CFDs|
CFD is a type of contract in derivative instruments through which the difference in value of a certain security or underlying, accrued from the opening and closing of a contract, is exchanged. Equity CFDs offer extremely flexible leverage conditions and lower trading costs without actually owning the stock.
While trades involving physical stocks make traders the owners of the purchased stock. With brokers that grant this type of trading, it will be possible to directly access the international stock market (DMA – Direct Market Access).
Further details of each stock broker will be analyzed later and any interested trader will be able to find the broker that best suits their needs and style.
With Deriv , it will be possible to trade on the most popular stocks in the world. preferred investment brand.
In addition to trading in securities, it is also possible to invest in equity indices on international stock markets.
Deriv provides incredibly competitive prices for trading on shares and baskets of shares, so that you can trade even outside the usual market hours without incurring excessive costs.
With Deriv, traders will benefit from the following benefits in terms of stock trading:
- The broker allows traders to start investing in stocks starting with a minimum deposit of 100 USD. This will dramatically decrease your account’s risk exposure.
- Deriv has extended its trading hours on shares up to 18 hours a day. This service is only available to Deriv. Customers
- The broker has a wide range of secure methods for making deposits and withdrawals. Funding methods available include bank transfers, online wallets, credit cards and cryptocurrencies.
- Deriv offers state-of-the-art trading platforms, valid for both experienced and novice traders. Its mobile platform is one of the most popular tools among investors.
- For any questions you can contact the assistance team, always ready for any eventuality 7 days a week.
FXTM is the second most popular broker for equity investments.
One of the main features of the broker concerns the structure of the services offered, through which each trader has the opportunity to give free rein to any trading strategy and style, taking advantage of dedicated cutting-edge software and constantly updated tools. Using the FXTM platforms and the mobile app, each client will have the opportunity to have free access to real-time prices of US and Hong Kong shares. The broker, in addition to offering the latest generation software for trading, has a wide range of securities to invest in, being able to opt for fractional share trading. This means that any trader will have, for example, the ability to open positions 10 times smaller than a single share listed on the real market.
In addition to investing in common stocks, FXTM offers a wide range of alternative instruments for trading stocks such as equity baskets, custom index groups of stocks, popular sectors such as social media, aerospace, mobile and more:
- The index of social media
- The floating index
- Space War Index
- The vegan index
FxPro gives the possibility to trade on shares of the wealthiest companies in the world through contracts by difference commonly called CFDs.
Investments in CFDs on shares allow free access to the equity markets without having to physically own the underlying asset.
A wide range of stocks of all kinds and backgrounds, ultra-fast order execution and highly competitive trading conditions provide FXPro clients a solid foundation for investments with a high probability of earning.
Thanks to the use of the FXPro platforms and the mobile app, it will be possible to trade on the shares of the following countries:
- United Kingdom
- United States of America
4. HFM (HF Markets)
HFM (HF Markets) has a wide range of world-renowned titles that you can invest without paying any commission.
In addition to the benefits deriving from the costs generated by trading, the broker gives the opportunity to receive dividends credited directly to your account.
In addition, to ensure a one-of-a-kind trading experience aiming at maximum trading security, HF Markets offers downside protection in the event of adverse market conditions and maximizes potential investment income.
Stock trading with HF Markets has the following advantages in addition to the features just mentioned.
- With HFM it is possible to start trading shares starting with the use of a minimum capital of only 5 USD, this allows traders to be able to test the environment offered by the broker for investments without having to run the risk of large losses.
- Stock trading with HF Markets does not involve the payment of any commission. In addition, the trader concerned will be able to decide whether or not to pay the commissions deriving from the swaps.
- Free access to real-time quotes of stocks from companies considered market leaders such as Alphabet, Tesla, etc.
Considered by traders a leading broker in trading on the stock and Forex markets, XTB offers a wide list of instruments divided into more than 2100 equity CFDs.
The advantages of trading shares with XTB include the use of a maximum leverage of 1:10, thanks to which it is possible to go long and short freely to maximize the trading potential in all circumstances, invest with greater volumes with few funds and increase the chances of profit.
XTB offers a commission free stock trading environment.
LiteFinance (formerly LiteForex) offers hundreds of stocks from the following exchanges:
- LONDON LSE
- German XETRA
By taking advantage of ECN (Electronic Communication Network) technology, traders will benefit from near-instant order execution that can be used on all available platforms.
Exness , as well as offering a wide range of stocks available for trading, is the most largest Forex and cryptocurrency broker in the world by volume in 2023.
With Exness, you can open positions on the market fluctuations of some of the biggest names in technology and industry, including Google, Amazon, Tesla, AliBaba and Intel.
All securities offered are available for trading on MT5 accounts, while for investments on MT4 accounts it will be possible to access a slightly smaller number of instruments.
With HYCM , it is possible to trade on the stocks of the most important companies on the globe.
Trading on the market fluctuations of the shares with the use of a maximum leverage of 1: 5 (margins starting from 20%).
Titles available on HYCM include Alibaba, Alphabet, Amazon.Com, Apple, Baidu, Jd.Com, Meta, Microsoft, Tesla Motors, Twitter, and Vipshop.