What is the best trading platform for beginners?

When you start trading in CFDs, the means to access the financial markets can seem very complicated and it is always difficult to find a good trading platform to start.

On Stock-Shares, we only offer 3 brokers, we consider them accessible for beginners and these brokers are all authorized in France. We only advise you to register on a trusted trading site, it is essential to start well.

On this page, we will give you the essential elements that you have a trading platform for beginners and we present you the best to date.

Elements that a beginner’s platform must offer

• A simple and fast registration

This may not seem like an obstacle, but when you sign up, some brokers ask for dozens of pieces of information that can block you, such as:

• Choose a platform (metatrader, sirix webtrader or other)
• Ask yourself what you want to trade
• To make a choice at registration, which you do not necessarily understand

Prefer a broker with a quick and easy registration that will simply ask you for your contact information and that will immediately allow you to access the financial markets on its trading platform without having to make dozens of choices that you may not have understood.

• A Clear and Simple Trader Product Catalog

A trading platform for beginners must be super simple on the presentation of products to trade. There must be categories with for example Indices, French Shares, Forex etc. All this must be simple because if arriving on the platform, you are lost, you will certainly want to give up even before having started …

• Offer trading Crypto Coins

Unless you live on another planet, you could not escape the craziness of crypto currencies in 2017. A trading platform must offer the best crypto currencies. We can name a few for the occasion: Bitcoin, Ripple, Ethereum, Dash, Stellar and many others. Crypto currency has become for many the flagship product to trade.

• A Platform, a website, support in French

The world of trading with its own language and expressions but it is important for a beginner that the entire site and platform is in French. Customer support must be responsive and in case of problems, it is always better to be able to express yourself and receive an answer in French.

• A minimum deposit may be high

When you are a beginner you need to get your hands dirty, so run away from sites that impose a minimum of high first deposit. A platform for traders wishing to start must offer a relatively low minimum deposit of 100 or 200 €.

• Possibility to open a demo account

Imperative! Beginners who want to learn about trading must go through the demo mode box. This allows you to get used to the platform, understand the features and test your strategies as well. Although most brokers offer this demo mode, it was still important to notify this point which is very important.

• Easy to open and close a position

To open and close a position, it is necessary that the presentation of an order on platform is the simplest possible, with a button buy / sell, the number of desired contracts, a possibility to put a stop as well as a limit, ‘is all.

• A platform that offers the guaranteed stop

If you are a beginner it is advisable to trade only on platforms that offer the guaranteed stop. The Guaranteed Stop will prevent you from losing more than expected, by opening your position with a guaranteed stop, you know how much you can lose at maximum even in times of high volatility! Remember that without a guaranteed stop, CFDs carry risks for your capital.

The Best Platform to Start Trading is Etoro

Logically … The trading platform Etoro is best suited for beginners, it has all the essential elements that we present above.

Etoro is a broker that exists since 2008 and offers no less than 4000 products to trade, a platform that you can download or not, a mobile application, a minimum deposit can high etc.