With many brokers now providing low-cost trading offers, finding the best discount brokers has become more challenging. And while this should not be a significant problem to investors looking for low-cost trading brokers, it may be unclear to investors, especially those just beginning. So, this review provides a good look into one of the best discount brokers. Who is Markets1?
Markets1 is one of the best discount brokers you will find. The discount broker targets investors seeking low-cost trading experiences. The broker is quite clear on what kind of fees to expect. While most brokers will charge you for trading and using their platform, this broker includes impressive discounts to attract and retain investors.
Opening a trading account with the broker is free, and there is no minimum deposit. You can start trading at as low as your pocket allows. Moreover, the broker offers over ten commission-free stocks, meaning there are no commissions when you buy and sell these stocks. Usually, most traders only provide no commission on very few company stocks.
Markets1’s Top Features
Apart from the fantastic discounts, Markets1 also has other impressive features for investors. Here are some of these features.
Market Intelligence
Markets1 has excellent market intelligence. Online trading and investing require access to the most recent and accurate data. That is what this discount broker does. The broker provides free access to information and data on different markets and analyses. You can access information on the stock markets, most active stocks, and top gainers and losers.
The broker also provides lessons on various items for those needing them. You can learn about trading ETFs, recurring investments, cryptocurrencies, and stocks, among many other things. These lessons benefit investors with limited knowledge in some areas and may need to understand how different markets and investments in general work. And the virtual classes are free, which is another significant benefit to the investor.
Amazing Opportunities
Markets1 is keen on providing investors and traders with the most opportunities to access trading assets and markets. So, you will get the chance to trade in cryptocurrencies, forex, stocks, options, and ETFs, among others. The broker is unlimited regarding the trading opportunities you can access or try out.
Paper Trading
Markets1 also provides a paper trading option. And this provides a virtual trading experience for investors to test their trading skills before doing so in reality. The paper trading offer ensures you don’t risk any money because it is only for testing and honing your trading skills and strategies.
The stock trading simulator is perfect for investors who are short on funds but still want to trade. It is also suitable for traders with funds who require help figuring out where to start. Finally, traders who want to test new strategies will also find this feature very useful.
Markets1 Trading Platforms
A good broker is as good as the trading experience they offer. And part of that good experience comes from the type of trading platforms they provide. Markets1 offers three options: a web-based platform, a desktop platform, and a mobile trading app. Trading on all platforms is synchronized such that you can use two or all platforms simultaneously.
The mobile app is customized to provide a great mobile trading experience. The app comes with all essential trading features and is free to download on iOS, Android, and Windows devices. It provides a smooth and convenient trading platform, especially for those who prefer using mobile devices like smartphones.
H2: Markets1 Pros & Cons
| Pros | Cons |
| Great discounts | Not available in some countries/regions |
| Multiple trading assets | |
| Amazing learning opportunities | |
| Paper trading |
Markets1 Final Verdict
Markets1 is a great discount broker with many low-cost trading and investment opportunities. If you are keen on low-cost trading, then this is your broker of choice. Moreover, the broker provides fantastic learning opportunities through free lessons and the paper trading offer. So, you get more than most other brokers provide. Nevertheless, contact this broker for more information regarding their products. They may also offer tips to help you maximize profits from your trading activity.
