Best Online Brokers for Beginners in 2022 – Top 5 Picks Revealed
To identify the most suitable online brokers for beginners in 2022, we carried out an in-depth analysis on your behalf. Our team interviewed first-time investors with zero trading background and personally evaluated 102 brokerage platforms. After thorough testing and comparison, only five stood out from the rest. Here are our top selections.
The top online brokers for beginners in 2022 are:
Freetrade takes the number one spot as the best overall choice for new investors in 2022. It offers commission-free trading on stocks and ETFs, a smooth and rapid account setup process, and an intuitive mobile trading experience.
eToro comes in second place. It provides free stock and ETF trading, an effortless account registration process, and a well-known social trading feature that allows users to follow and copy other traders.
Trading 212 ranks third. Investors can trade real stocks and ETFs without paying commissions. The platform also delivers a quick onboarding process and high-quality web and mobile trading interfaces.
Passfolio secures fourth place. It enables commission-free trading of U.S. stocks and ETFs, features a strong mobile platform, and offers a fully digital and fast account opening procedure.
TD Ameritrade rounds out the list in fifth place. It stands out with competitive pricing, including free stock and ETF trades, an excellent desktop trading platform, and highly rated customer service.