In fact, however, the trading platform also plays a role when you choose a stock broker and consequently want to trade in securities. It is true that when trading stocks, a responsiveness of a few seconds is usually not important, unless you are conducting so-called arbitrage trades. Nevertheless, it is of course important that you find your way around the trading platform. Thus, the platform should be clearly designed and give you the opportunity to use all important services and functions.
An important point in this context is certainly the portfolio management, in which you can, for example, view closed or open orders. More and more traders also want functional chart functions, for example, by being able to display and view the price trends of as many shares as possible. In our opinion, real-time quotes are now also part of a professional and well-equipped trading platform, so you should also pay attention to this point. If you also want to trade on the go, it would of course be important that the trading platform is provided as a mobile variant.
Security and regulation
By no means all traders who choose a stock broker want to speculate with the securities only in the short term. Instead, there are more and more customers who want to invest in shares or other securities in the medium or long term. Especially in Thailand against the background, security is definitely in the foreground with the respective broker like login exness Asia. Nowadays, there are very few online brokers that are not regulated by a state supervisory authority. Nevertheless, when comparing stock brokers, you should pay attention to whether and since when a regulation is carried out. This contributes significantly to the security of the provider. Furthermore, with regard to safe and fair trading, you should make sure that important data is only transmitted in encrypted form. Most brokers provide an indication of this, for example, by stating on the website that data is transmitted exclusively via a secure SSL connection. In the best case, there is also a deposit guarantee, so that the funds in your clearing account, which is part of the share deposit account, are protected, for example, up to 20,000 or even 100,000 euros.
Custody account fees: More and more brokers are waiving fixed fees
An essential point of comparison in almost every stock broker comparison are, of course, the costs and fees that are to be included for the trader. In the area of fees, there are essentially two factors, namely, on the one hand, the custody account fees and, on the other hand, the transaction costs that are incurred when trading shares. In the past, there has been a pleasing development in custody fees. This is characterized by the fact that more and more online brokers are now waiving the calculation of custody account fees. In most cases, there is now no longer a fixed custody account fee, although this is sometimes linked to a condition. For example, some stock brokers only waive custody fees if the trader places at least one order per month. Other brokers, on the other hand, want the trader to always have a certain minimum balance on the clearing account in order to waive the custody fees. In this comparison point, you should therefore pay attention to whether the broker waives the fees in principle or whether this is only the case under certain conditions.