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Best Options Trading Platform For Beginners

Introduction :

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The two most popular options trading platforms in the US for beginners are TD Ameritrade and E-TRADE. Best options trading platform for beginners

TD Ameritrade is a US-based broker company that provides online trading with a variety of services, including investing in stocks, ETFs, mutual funds, etc.

E-TRADE is another leading American brokerage company that provides trading services to both retail and institutional investors. In addition to stocks and equities, E-TRADE also offers investment in bonds, ETFs, mutual funds, and more.

Both TD Ameritrade and E-TRADE provide beginner-friendly platforms for their clients with user-friendly interfaces and a wide range of services to choose from. However, they differ on the fees they charge which you should take into consideration.

Below We have listed four (4) Best Trading platforms, but first, let’s take a look at what is a trading platform and how it works.

What Is A Trading Platform:

Trading Platforms are the online equivalent of the stock markets, Best Options Trading Platform.

The goal is to purchase an asset at a low price and sell it at a higher price in the future.

Trading platforms facilitate this exchange by matching buyers with sellers, for example, when one trader wants to sell their Apple shares, they will search for someone who wants to buy them. The platform will then match them with someone who wants to buy them at the current market rate.

TD Ameritrade

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TD Ameritrade, Inc. is an online broker with headquarters in Omaha, Nebraska.

TD Ameritrade is one of the largest providers of brokerage services in the U.S., offering more than 100 different retail products to its clients. It offers securities trading on more than 20,000 stocks, ETFs, and mutual funds via its online platform and provides independent research to help investors make their own investment decisions.

TD Ameritrade was founded in 1971 by J. Joseph Ricketts and is currently led by Tim Hockey who joined the company as Chief Executive Officer in August 2014 after serving as President for 11 years since 1999. TD Ameritrade has won many awards including “Top Place to Work” from Fortune Magazine for three years running (2010-2012).

E-TRADE

E-trade has been a major player in the trading business for a long time. But, they have also been adapting to the digital age and the changing face of trading.

In 2017, E-Trade announced a partnership with Amazon Web Services (AWS) for cloud computing services. This will help improve their ability to scale and grow their operations.

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The company has also been busy improving its mobile experience for users. They have released an app that updates at real-time speeds and includes information such as company news, stock updates, and more.

Fidelity Investments

Fidelity Investments is a multi-billion dollar financial services company in the United States. Fidelity’s headquarters are in Boston, Massachusetts.

The company was founded by Edward C. Johnson II, who had previously started one of the first retail brokerage firms E.E. Smith & Company in 1928 to trade stocks on Wall Street. The company used to be known as Fidelity Management and Research until 1975 when it was changed to Fidelity Investments and began offering investments such as mutual funds and pensions to its clients

In 1976, the company launched the Magellan Fund managed by Peter Lynch, making it one of its most well-known managed fund products on Wall Street

Tastyworks

Tastyworks is one of the best trading platforms for binary options. It offers trading in stocks, commodities, indices, currencies, and even cryptocurrencies. This platform has been in the market for four years now with a team of traders that are experienced and have a lot of knowledge about these markets. Tastyworks also offers excellent customer support services to their customers around the clock.

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With Tastyworks, traders can experience high-quality trading with no risks or restrictions. The company has been voted as one of the best binary options brokers worldwide by independent rating agencies such as Top10BinaryReviews and Binaryoptionsadvisoronline.com.

Conclusion

They are more than four trading platforms, but will only list the easier ones for beginners, also do more research before starting a trade, Best Options Trading Platform.

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Hope the list above help you find the perfect platform you are looking for, do visit our site regularly and also read Trading For Beginners, Tips to Become a Better Trader


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