Choosing the Best Investment Platform

When choosing the best investment platform, it’s important to consider what kind of investments you want to make. If you’re a beginner, look for a platform that makes investing easy to understand and navigate but can also grow with you as your skills improve. Fidelity, Schwab and Merrill Edge excel here, offering plenty of investor education articles, videos and podcasts. All three brokers provide a wide variety of measures you can use to screen for stocks, funds or bonds. Schwab offers the most options when it comes to mutual fund screening. More info theinvestorscentre.com

Best App to Buy Stocks Canada: Where to Trade Safely

Other important features include fee structure and research tools, as well as a user interface and mobile app that’s intuitive and easy to use. We favor platforms that offer $0 trading commissions on stocks and ETFs as well as low advisory fees for automated investing. We also like a platform that lets you invest in a wide range of asset classes, including ETFs, mutual funds and crypto. We also prefer a platform that allows you to buy fractional shares (like “slices” of a stock) and offers a high interest rate on uninvested cash.

If you want to build a more diversified portfolio, you’ll need a platform that offers access to different assets such as bonds and mutual funds. If you’re a beginner, you may prefer the set-it-and-forget approach of robo-advisors. If you’re a more experienced trader, you might need the advanced investing tools and robust research that J.P. Morgan Self-Directed Investing offers.