BEST TRADING PLATFORMS in 2023

AXI Trader offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies, and provides access to a range of trading platforms, including MetaTrader 4 and MetaTrader 5. The platform offers competitive spreads, fast execution speeds, and a range of educational resources to help traders improve their skills and knowledge. 

Why choose Axi?

Pro's:

1. Reputation: Axi Trader is a well-established and reputable broker with over a decade of experience in the industry, and is regulated by several authorities, including ASIC, FCA, and DFSA. This provides traders with a level of confidence and trust in the platform.
2. Competitive pricing: Axi Trader offers competitive spreads and low commission rates, which can help traders reduce their trading costs and increase profitability.
3. Range of trading instruments: Axi Trader offers a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies, which provides traders with a variety of options to choose from.
4. Trading platforms: Axi Trader provides access to a range of trading platforms, including MetaTrader 4 and MetaTrader 5, which are widely used and popular among traders. These platforms offer a range of advanced features and tools to help traders make informed trading decisions.
5. Education and support: Axi Trader provides a range of educational resources and support to help traders improve their skills and knowledge, including webinars, tutorials, and trading guides.

Con's

1. Limited account types: Axi Trader only offers two account types, Standard and Pro. This may not be sufficient for some traders who are looking for more customized options or features.
2. Limited customer support: While Axi Trader does offer customer support, it may not be available 24/7, which may be a concern for traders who need immediate assistance during off-hours.

Ava Trade offers a range of financial instruments for trading, including forex, stocks, commodities, indices, cryptocurrencies, and more. The company provides its clients with a variety of trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as their proprietary AvaTradeGO platform.

 Why choose AVA?

Pro's:

1. Multiple Trading Platforms: Ava Trade offers multiple trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as their proprietary Ava TradeGO platform. This provides traders with a range of options and flexibility to choose the trading platform that best suits their needs.
2. Diverse Range of Financial Instruments: Ava Trade offers a diverse range of financial instruments for trading, including forex, stocks, commodities, indices, and cryptocurrencies, which can provide traders with a wide range of opportunities and potential profits.
3. Competitive Trading Conditions: Ava Trade offers competitive trading conditions, including low spreads, flexible leverage options, and fast order execution, which can help traders to potentially achieve their trading goals with minimal costs.
4. Regulatory Oversight: Ava Trade is regulated by multiple financial authorities in different jurisdictions, including the Central Bank of Ireland, the Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC). This provides traders with some level of assurance that the broker is operating in a transparent and ethical manner.
5. Education and Research: Ava Trade offers a range of educational resources, including webinars, video tutorials, eBooks, and market analysis, which can help traders to make informed trading decisions and stay up-to-date with the latest market developments.

Con's:

1. Limited trading instruments: AVA Trades may not offer as many trading instruments compared to some other brokers. This may limit traders' ability to diversify their portfolio.
2. Limited educational resources: AVA Trades may not offer as many educational resources or tools as other brokers. This can be a disadvantage for traders who are looking to improve their skills and knowledge.

Shares is an investment app and social community for any investor to make trades, manage their portfolio, and discuss opportunities with friends. With Shares, family, friends and seasoned investors can invest together, sharing knowledge and experience to inspire long-term growth in their investments. 

 Why choose Shares?

Pro's:

1. Flat, transparent fee: Shares offers a flat fee of £1 per trade, making it one of the most competitive options available for high-value trades. There are no hidden fees to worry about.
2. Fast execution: Shares is known for its fast execution speeds, ensuring that trades are processed quickly and efficiently. This helps to minimize delays and maximize potential profits.
3. Learning via copying: Unlike other trading apps, Shares is designed to help you learn about investing rather than blindly copying other investors. Its Instant Trade Update feature enables you to follow the moves of other investors and replicate their success. It strikes a good balance between copying and practicing.
4. Community-powered: The Shares app is built with the investing community at its core. You can follow Ambassadors who inspire you, engage with other investors to share ideas, and learn from those with more experience.
5. User-friendly: The app is intuitive and easy to use, so you can navigate it quickly and execute trades with ease.
6. Development pace: Shares is constantly releasing new features to improve the trading experience. While it may not have all the functionality of more established apps yet, it's working hard to become a trading super app in the near future.

Con's:

1. Limited technical analysis tools: While Shares offers a user-friendly trading experience, the platform doesn't currently provide advanced technical analysis tools. This may be a disadvantage for traders who rely on these tools to inform their trading strategies.
2. Limited range of instruments: Shares has a wide selection of stocks available for trading, with over 1,600 options to choose from. However, the platform doesn't offer many diversification opportunities beyond stocks, but it seems like they are working on it, so we might have some good surprises later this year.

eToro is a social trading and multi-asset investment company that focuses on providing financial and copy trading services. Its headquarters are located in Central Israel, and the company has registered offices in Cyprus, the United Kingdom, the United States, and Australia. 

 Why traders would choose eToro:

Pro's:

1. Low Fees: eToro offers competitive fees for commissions, ECN, data, margin, and phone orders, making it an attractive option for traders looking to keep their trading costs low.
2. Fast Execution: eToro's trading platform is known for its fast execution speeds, which is crucial for traders looking to take advantage of market opportunities quickly.
3. Wide Range of Instruments: eToro provides access to a wide range of tradable financial instruments, including stocks, options, commodities, OTC, forex, futures, and access to international markets, giving traders the flexibility to trade in markets they are familiar with.
4. Excellent Customer Service: eToro offers excellent customer service through various channels, including email, live chat, and phone support. The platform also provides educational resources for traders, which is helpful for beginners.
5. Incentives for New Customers: eToro offers attractive incentives for new customers, including cash bonuses and free trades, making it a great option for traders looking to start trading with a low capital.

Con's:

1. Limited Technical Analysis Tools: eToro's platform does not provide advanced technical analysis tools, which may be a disadvantage for traders who rely on these tools for their trading strategies.
2. Limited Customization: eToro's platform does not allow for much customization, which may be a disadvantage for traders who prefer a highly personalized trading experience.

Binance is an online exchange where users can trade cryptocurrencies. It supports hundreds of the most commonly traded cryptocurrencies. Binance provides a crypto wallet for traders to store their electronic funds. The exchange has supporting services for users to earn interest or transact using cryptocurrencies. 

Why Traders Would Choose Binance:

Pro's:

1. Low Fees: Binance offers low trading fees compared to its competitors. With a commission of just 0.1%, it is one of the cheapest platforms to trade on.
2. Fast Trade Execution Speed: Binance is known for its fast trade execution speed, which is important for traders who want to enter and exit positions quickly.
3. Platform Reliability: Binance has a reputation for being one of the most reliable trading platforms in the industry. Its platform has never experienced any major downtime, and the company is constantly updating and improving it.
4. Range of Tradable Financial Instruments: Binance offers a wide range of financial instruments for traders to trade, including stocks, options, commodities, OTC, forex, futures, and access to international markets.
5. Customer Service Quality: Binance has a dedicated customer support team that provides assistance 24/7. The team is responsive and knowledgeable, making it easy for traders to get the help they need quickly.
6. Incentives for New Customers: Binance offers incentives for new customers, including a sign-up bonus and reduced trading fees for the first month.

Con's:

1. Limited Payment Methods: Binance only accepts a limited number of payment methods, which may be inconvenient for some traders.
2. Limited Customer Support Channels: While Binance's customer support team is responsive, the platform only offers support through email and a live chat feature on their website.