Electronic trading platforms are the most popular means for novice investors to take the proverbial plunge into the world of online trading. As these systems have continued to evolve over the years, they offer a host of benefits. However, it is still necessary to appreciate what many consider to be the five hallmarks of a respectable trading platform. Before committing to any specific company in particular, all of these observations should be addressed. Let us now take a more in-depth look at each in more detail.
Funds and Fees
Every platform will charge a nominal fees and a certain level of commission. However, these figures naturally differ from provider to provider. Pay attention to the spreads involved within trades as well as the fees associated with depositing and withdrawing funds. These will have a very real impact upon any profit margins.