Investment Platform

In the fast growing modern world there are plenty of ways to invest your money.

Investment can be done depending upon person’s motive. There are no theoretically ways that tells how to or in what manner to invest your money.

Moreover, it is true that investment do involve risk but the return you get is far better and big then what you have placed as an input capital.

Investments is something which is going since ages and the process has evolved with the passage of time.

So is the online investment.

Even this field has evolved a lot, with the time and is the reason why people till now wants to invest ad also earn profit through it.

Now some of you want to invest your money but are not sure about the process or for that matter to find the reliable broker.

In order to ease you with the investment work, I will be suggesting about the best online investment platform in 2020. There will be plenty of questions like how to invest?

Which should be the ideal broker? Is it trust worthy? And many more. Don’t worry as all your queries will get resolved as we move ahead with the article.

What is online investment?

It is the way of trading by placing orders for buying and selling in the market known as financial market via internet.

This is known as Online Investment. With the enhancement of internet, the process of buying a stocks and selling it is completely changed, it is now just a click away rather than the old school method which were applied back at times.

Moreover, internet investing is simple and easy and most importantly pretty much fast. The greatest of all is the elimination of broker or can say the middle man which used to provide you the stock and also takes certain amount of interest as their profit. With the online investment, this profit holder has been eliminated and the risk of hijacking of your money is also been reduced due to its elimination.

Now the call is upon you, when to call off your sale or when to invest or where to invest. You are solely responsible for your profit or loss.

Best Online Investment Platform in 2020

Now that you have learnt what is online trading all about. It is time to come to our major question as what are those finest online investment platforms wherein you can put your money and expect a great amount of profit with minimal amount of risk. Let us find out:

  1. TD Ameritrade
  2. Merrill edge
  3. Interactive brokers
  4. Tastyworks
  5. Fidelity

I. TD Ameritrade

Introduction

TD Ameritrade has two of the best applications for stock exchanging as it permits financial specialists to choose between the TD Ameritrade Mobile App and thinkorswim Mobile. Either application is magnificent for stock exchanging, yet the TD Ameritrade Mobile App is outfitted towards fundamental contributing with a superb record rundown, value cautions, and an abundance of news and research.

Purchase and hold speculators specifically will have the option to do their exchanging through the versatile application, liberating them from managing TD Ameritrade’s progressively jumbled work area interface. For traders and increasingly dynamic financial specialists also known as investors, the thinkorswim versatile stage is a worthy substitute for the full work area exchanging stage.

For the most part we audit the exchanging elements of portable applications through the perspective of position support while away from the full stage, however thinkorswim and a chosen few different applications have arrived at where a dealer can sensibly design, evaluate, and open complex exchanges quickly.

The thinkorswim versatile application work process for choices, stocks, and prospects is instinctive and amazing.

Merchants will discover loads of extravagant accessories that make the portable application a total answer for most exchanging purposes, including spilling continuous information and the capacity to exchange from outlines.

Key features

  • Minimum Deposit: $0
  • Stock trades: $0 per trade
  • Commission free: for all
  • Trading platform: Thinkorswim
  • Option trades: $0 to $0.65 per contract assigned

Pros and cons

Like very coin has two sides, the same goes for the site as well.

There are certain pros and cons which I have listed down below. This will give you a clear idea of the investment site and will give you an idea what is the percentage of risk involved if you choose it.

Pros Cons
Has a clean interface with immense workflow for the traders The experienced users suffer with the beginner’s tools and guide as they can’t skip the procedure structured by the company.
It is quite quick in terms of transection history, balances, positions and also orders
The mobile app adapts to the size
Immense amount of workflow of traders

II. Merrill edge

Introduction

Merrill edge belongs to the company of bank of America.

It is considered to be best rewards benefits over all the industry. Thus it is not only safe but also assures for the great return of the input money that you put in. Their customer service is pretty much good and they are very cooperative with their customers.

Along with that it also offers $0 stock and also ETF trades which are full filled with the quality of the research work done by the company’s research team.

Now you might be wondering it is an American based company then how are we eligible for investing it in. We aren’t the customers of the bank of America as well.

Well, the answer to this is no, we can open an account with the Merrill edge and can earn profit. There are certain ways by which you can do the same and can invest safely.

Having said that it also offer excellent and prime quality of environment, governance and even social research. They offer different kinds of stocks like Stock Story, Fund Story and also Portfolio story.

In short it is also known as ESG (environment, social and social). Full fledges reports of ESGs are also provided to the customers who are associated with them. This is done in order to provide them knowledge of markets and also encourage them to invest more at minimal risk.

Most of the investors face this problem of customer service but that is not the case with the Merrill edge as their customer services are prime and the agents are very helpful to their customers.

If you want to get in contact with them, you need to notify them and under one minute you will get a call for them. They are quick and trust worthy too.

Key features

  • Minimum Deposit: $0
  • Stock trades: $0 per trade
  • Commission free: for all
  • Trading platform: Merrill edge Market Pro
  • Option trades: $0.65 per contract assigned

Pros and cons

Like very coin has two sides, the same goes for the site as well.

There are certain pros and cons which I have listed down below. This will give you a clear idea of the investment site and will give you an idea what is the percentage of risk involved if you choose it.

Pros Cons
Has a clean interface with immense workflow for the traders The option trades per contract assigned are starting with a certain value and it is not completely free like TD Ameritrade.
ESG (environment, social and social) reports are given to the investors.
Great customer service
Immense amount of workflow of traders

III. Interactive brokers

Introduction

As mentioned in the above site, it was known for ESG. Interactive Brokers are known for their Trader Workstation Platforms also known as (TWS). It basically leads the industry with the professionals who are more into the low cost trading. They are not much known for casual investors offering unlike the previous two mentioned above.

However that does not mean that it will provide less rate of interest or they are not trust worthy in terms of investing money.

It is just that there target professionals are different. It is a matter of low cost traders might deal in less amount but they do out numbers the big dealers too and make a huge profit cumulatively. Also it offers excellent and prime tools of tradeable securities.

Unlike other sites the margin rates are lowest in this industry. They offer their customers 63 different types of order, yes you have seen it right (63 types of orders) that is certainly most in any industry by a landslide. Interactive Brokers are also known for their day trading, indeed they are popular for it.

As far as customer service is concerned, their customer services are prime and the agents are very helpful to their customers. They are responsive and do not causes delays in responding.

The sense responsibility is shown as they are trading in 26 countries having more than 125 market centers. Thus making it as the most diverge offering along the landslide.

Yes, it is completely safe to deal to invest in and take the profit back without any doubt in mind.

Key features

  • Minimum Deposit: $0
  • Stock trades: $0.005 per share (IBKR Pro)
  • Commission free: 48 (IBKR Pro)
  • Trading platform: Trader Workstation
  • Option trades: $0.65 per contract assigned (IBKR Pro)

Pros and cons

Like very coin has two sides, the same goes for the site as well. There are certain pros and cons which I have listed down below. This will give you a clear idea of the investment site and will give you an idea what is the percentage of risk involved if you choose it.

Pros Cons
Has a clean interface with immense workflow for the traders The traders who are dealing with multi device approach for their workflow will get affected due to this limitation.
It is quite quick in terms of transection history, balances, positions and also orders No drawing tools in the mobile app
The mobile charts comes with an indication for quick trading decisions Data streams only one single platform at a time.
Immense amount of workflow of traders

IV. Tastyworks

Introduction

Tastyworks doesn’t experience the ill effects of an absence of core interest. The financier is exceptionally centered on alternatives merchants, and this center has permitted tastyworks’ portable application to unseat Interactive Brokers right now. While Interactive Brokers is as yet the standard for dynamic merchants, dealers who are chiefly utilizing choices systems will discover tastyworks’ application a superior fit.

The tastyworks versatile work process is intended for alternatives request passage, making the procedure brisk and natural. Choices dealers use simplified to pick the legs of an alternatives spread, wiping out console passage. Being a mobile app, it is still very much versatile as far as the investments and performance is concerned.

In spite of this simplicity of section, the tastyworks versatile application is better idea of as a momentary substitute for the work area stage.

While you can enter new positions and exit existing ones, the application comes up short on a portion of the highlights accessible in the work area stage for inquiring about and examining exchanges. For substantial alternatives trading, it is hard to coordinate the full list of capabilities and extra visual space that accompanies the work area stages.

Pros and cons

Like very coin has two sides, the same goes for the site as well. There are certain pros and cons which I have listed down below. This will give you a clear idea of the investment site and will give you an idea what is the percentage of risk involved if you choose it.

Pros Cons
It uses a drag and drop option which is quite handy and easy to work as a function You might have difficulty in opening account via the mobile app
It is quite quick in terms of transection history, balances, positions and also orders
The video feed is also available via the mobile app
Immense amount of workflow of traders
It is solely designed for trading purpose. There are no unnecessary features to distract you

V. Fidelity

Introduction

It won’t be wrong in saying that Fidelity is one of the finest investing mobile app among all the other apps and investment sites. It offer $0 stock trades which is certainly the finest deal offered by the company.

It is an easy to use app comprising of excellent and effective tools. Industry based research done by the research team of the company provides you insights of the market that will help you invest safely.

It is a wide serving mobile app with over 30 million customers.

Most of the investors face this problem of customer service but that is not the case with the Merrill edge as their customer services are prime and the agents are very helpful to their customers.

If you want to get in contact with them, you need to notify them and under one minute you will get a call for them. They are quick and trust worthy too.

It is incredible in in research department and also in house analysis.

One can blindly trust on the research paper and hence invest accordingly.

The app is known for new investors that is if you are new in this line then, Fidelity will provide all the required inputs and details to invest safely and help you make profit.

All in all it is good to invest your money via this app and completely safe.

Key features

  • Minimum Deposit: $0
  • Stock trades: $0 per trade
  • Commission free: for all
  • Trading platform: Active Trader Pro
  • Option trades: $0.65 per contract assigned

Pros and cons

Like very coin has two sides, the same goes for the site as well. There are certain pros and cons which I have listed down below. This will give you a clear idea of the investment site and will give you an idea what is the percentage of risk involved if you choose it.

Pros Cons
Has a fine and detailistic research department The experienced users suffer with the beginner’s tools and guide as they can’t skip the procedure structured by the company.
It is quite quick in terms of transection history, balances, positions and also orders
The mobile app adapts to the size
Immense amount of workflow of traders

Conclusion

I hope the list of the best online investment platform in 2020 helped you a lot in order to find your trustworthy broker which will help you in the journey of your investment and to whom you can completely rely upon.

You can also be one of the part of the emerging of the online investment and can see what all great deals it offers.

Choose wisely and do read all the terms and policies of the company very carefully.