Online Trading Platforms: Everything You Need to Know in 2022

Online Trading Platforms: Everything You Need to Know in 2022

Trading in top tier financial global markets is now available to everybody, the only thing you are going to need are just three things: a reliable broker, an online trading platform and an internet connection.

No matter what your pre-assumption regarding the world of finance, today trying to make money thanks to it is not an impossible task for the average person. On the contrary, this activity became quite affordable and accessible to basically everybody and without having to invest large capitals.

Before you start though, you will have to educate yourself on financial matters and choose among the best online trading platforms available today in 2022. And this article is going to help you with this task.

Before We Start

Remember that, in order to avoid scam, you must choose regulated trading platforms only.

A regulated trading platform follows a regulation imposed by a financial authority, e.g., the Financial Conduct Authority or FCA for the United Kingdom or CySEC for the European Union.

In other cases, you’ll likely go towards a fraudulent scheme, money losses or, even worse, problems with local financial authorities.

Which is why we are going to insert this list online trading platforms highly regulated and supported by trustworthy brokers.

Our Picks

The following lists are thought to meet the expectations of UK based traders of every level interested in trading financial assets with a focus on desktop platforms.

1. PowerDesk

FinecoBank is the mind behind this all-rounded, pluri-awarded trading platform. Fineco is an Italian bank with more than 20 years of experience in online financial services, which put all of their knowledge in this innovative trading platform called PowerDesk, now available also in the United Kingdom.

With this desktop trading platform, you will have access to thousands (20,000+) financial instruments where you can invest your money, such as:

  • Shares
  • CFDs
  • ETFs
  • Forex
  • Bonds
  • Options

All of those investment opportunities are supported by a full customizable trading platform which can be used to check live prices, real-time market data and use many advanced charting-tools.

As of today, Fineco is listed on the FTSE MIB, the Italian blue chip index.

2. Trader Workstation

Empowered by Interactive Brokers LLC (IB), this is the flagship desktop platform designed for all those active investors interested in investing in a variety of trading assets with an IB account.

Headquartered in Greenwich, Connecticut, this American multinational brokerage firm has been regulated by top tier regulators all around the world.

Designed to meet all the needs of IB traders, you can trade on over 135 markets worldwide with just a single integrated account. Among the most important features offered by Trader Workstation there are:

  • Real-time monitoring system (watchlists, alerts, etc.)
  • Risk-assessment technology (IB Risk Navigator, Model Navigator, etc.)
  • Paper trading account (simulated trading environment)

As of today, IB is listed on the NASDAQ and part of the S&P 400 index.

3. eToro

eToro is one of the most famous trading platforms worldwide, and for a reason.

Founded in Tel Aviv in 2007, today it has more than 25 million registered users and is a powerhouse for all of those people interested in trading CFDs, stocks and cryptocurrencies.

One of their main focuses though remains their social trading environment. This focus is empowered by many features, such as copy trading, which allows you to copy any position open by one or more Top Investors automatically once you start “following” them.

Among their main features there are also:

  • Free insurance of up to 1 Million GBP/AUD/EUR
  • Cyber Security High Standards
  • Multi-regulations
  • Segregated accounts

eToro became publicly traded through a business combination with FinTech Acquisition Corp. V in 2021.