Top Ten Trading Platforms 2024

1. eToro

Founding Date: 2007
Leadership: Yoni Assia (CEO)
Country of Headquarters: Israel
Approximate Number of Customers: 30 million
Pros: User-friendly interface, social trading features, diverse asset selection.
Cons: Higher spreads compared to some competitors, limited research tools.
eToro: https://www.etoro.com

2. Plus500

Founding Date: 2008
Leadership: David Zruia (CEO)
Country of Headquarters: Israel
Approximate Number of Customers: 22 million
Pros: Easy-to-use platform, tight spreads, extensive range of CFDs.
Cons: Limited educational resources, no social trading features.
Plus500: https://www.plus500.com

3. IG Group

Founding Date: 1974
Leadership: June Felix (CEO)
Country of Headquarters: United Kingdom
Approximate Number of Customers: 239,000 active clients
Pros: Long-established and reputable, wide range of educational resources, extensive market coverage.
Cons: Higher fees on some products, complex platform for beginners.
IG Group: https://www.ig.com

4. Robinhood

Founding Date: 2013
Leadership: Vlad Tenev (CEO)
Country of Headquarters: USA
Approximate Number of Customers: 23 million
Pros: Commission-free trading, user-friendly mobile app, easy account setup.
Cons: Limited research tools, occasional service outages, controversial order flow payment.
Robinhood: https://www.robinhood.com

5. Charles Schwab

Founding Date: 1971
Leadership: Walt Bettinger (CEO)
Country of Headquarters: USA
Approximate Number of Customers: 34 million
Pros: Comprehensive investment services, strong research tools, low fees.
Cons: Complex fee structure, less intuitive platform for beginners.
Charles Schwab: https://www.schwab.com

6. TD Ameritrade

Founding Date: 1975
Leadership: Steve Boyle (CEO)
Country of Headquarters: USA
Approximate Number of Customers: 12 million
Pros: Excellent research and educational resources, powerful trading platforms, no commissions on stock trades.
Cons: High fees for managed accounts, platform complexity.
TD Ameritrade: https://www.tdameritrade.com

7. Interactive Brokers

Founding Date: 1978
Leadership: Milan Galik (CEO)
Country of Headquarters: USA
Approximate Number of Customers: 1.75 million
Pros: Low trading costs, broad market access, advanced trading tools.
Cons: Complex platform, minimum activity fees, not beginner-friendly.
Interactive Brokers: https://www.interactivebrokers.com

8. Saxo Bank

Founding Date: 1992
Leadership: Kim Fournais (CEO)
Country of Headquarters: Denmark
Approximate Number of Customers: 876,000
Pros: Comprehensive range of instruments, strong trading platform, good research tools.
Cons: High minimum deposit, higher fees for small accounts.
Saxo Bank: https://www.home.saxo

9. TradeStation

Founding Date: 1982
Leadership: John Bartleman (CEO)
Country of Headquarters: USA
Approximate Number of Customers: 500,000
Pros: Excellent trading tools, customizable platform, strong research.
Cons: High fees for infrequent traders, complex interface.
TradeStation: https://www.tradestation.com

10. CMC Markets

Founding Date: 1989
Leadership: Peter Cruddas (CEO)
Country of Headquarters: United Kingdom
Approximate Number of Customers: 57,000
Pros: Advanced trading platform, extensive range of instruments, strong customer service.
Cons: Higher fees on some instruments, platform can be complex for beginners.
CMC Markets: https://www.cmcmarkets.com

Summary:

These platforms offer various features catering to different types of traders. While eToro excels in social trading and a user-friendly interface, other platforms like Interactive Brokers and TD Ameritrade provide advanced trading tools and research capabilities. Each platform has its strengths and weaknesses, making it essential for traders to choose one that best fits their needs and trading style.