Below is a list of brokers that I have experience trading and investing with. I do not recommend any specific broker. Please always do your own research when it comes to brokers you send your hard earned cash to for trading and investing.
Table of Contents
Prop Firms
The5ers
I trade with the proprietary trading firm The5ers. A prop firm let’s you trade the firms money and will give you part of the profit you make.
In order to be eligible for this arrangement you will need to pay for a challenge / evaluation that you will need to pass. You will need to stick to some strict trading rules and you will have a max draw down that you cannot breach. If you do breach the max draw down or any trading rules, then you will loose the account and you will have to buy another evaluation.
Most prop firms let you trade on demo accounts and will honor the payout of your profits. This means that your payouts will come from other traders buying and losing evaluations. Also if you are consistently profitable a prop firm can of course copy your trades in the live markets and make money that way.
Bottom line is that you should only consider trading with a prop firm once you are consistently profitable within the max draw down.
The5ers (referral link)
Forex and CFDs
XM / XM Global
I trade with the broker XM. I have accounts at their Cysec regulated / European branch and at their Global branch. The XM Global branch offers higher leverage, so you do not have to hold all your capital in the account. Also it is open for residents from many different countries. The European branch offers a zero account, which is a commission based account with spreads that are zero for many FX pairs.
XM (referral link)
XM Global (referral link)
Stocks and ETFs
Trading212
If you want to invest in stocks and ETFs, then please have look at this broker. I auto invest here on a monthly basis in a couple of ETFs in a set division. This is called a pie.
Trading212 has the following benefits:
- commission free investing
- buy stocks instantly
- auto invest with pies
- buy for as little as 1 euro with fractional shares
- earn interest on your portfolio
- hold 13 global currencies
- earn interest on available cash
- directly access your available cash via debit card
Also:
- trade long and short with leverage using CFDs on FX, indices, shares, commodities, crypto and more
- trade crypto 24/7
However I prefer XM for swing trading FX and CFDs, but you could also do this at Trading212.