Features of the Best Stock Market Trading Platforms
Money raised by a corporation by selling of shares is known as stock. After buying some shares, you will be entitled to equity which is an ownership interest. A person who has purchased some shares is known as a shareholder. On the other hand, a stock market is a collection of buyers and sellers of stocks. In the stock market, the shares are listed so that the buyers and the sellers can identify the best shares to buy and sell respectively. A stock market trading platform is a software which allows traders to buy and sell stock and monitor their accounts. There are many stock market trading platforms hence you should consider the following when looking for the best one.
A good stock market trading platform should not have account minimums. In order to open a stock market trading account, some trading platforms require one to deposit a certain minimum amount of money. The minimum amount of money to be deposited maybe even a thousand dollars and this is a challenge to the beginners. A good stock market trading platform should not have any minimum deposit.
The best stock market trading platforms offer investor education. After joining a trading platform, you are supposed to be educated on how trading is done. The education is offered in form of videos, documents, and tutorials. A good stock market trading platform will also allow you to open a demo account in order to test yourself on your trading skills. Once you start making a profit, you can now trade on a live account. Be sure to discover more here!
The best stock market trading platforms offer a variety of charts. There are many charts in stock market trading although my best one is Japanese candles sticks. The following are other types of charts in the stock market; line stock, point, and figure, high low close bar, the price at volume, market profit and open high low close bar stock charts. A variety of charts will enable one to choose his/her favorite one. Check out this website at http://money.cnn.com/2014/11/12/investing/currency-trading-foreign-exchange/ for more info about stock market.
The best stock market trading account platforms are secure. No one else is supposed to access your trading account. The best stock market trading platforms send a logging code to the user's telephone line in order for his/her to access his/her account. This is known as two-factor authentication. The best stock market brokers use SSL certificates to ensure security.
Finally, a good stock market trading platform is supposed to have a customizable interface. A customizable user-interface will enable an investor to change the colors, fonts, layout, and appearance of the interface so that he/she can trade comfortably.a