Mt4 Expert Advisor Scams


But forex accounts are never under this program, and if the money is gone, there is simply no way to get it back. Offer simplified platforms with free education courses that make the process easy for beginners. The education they provide is certainly positive, but the way that many forex brokers represent themselves in their marketing is quite inaccurate. The forex market is considered a zero-sum game, simply meaning that one trader gains only if another loses. Worse, every forex broker charges commissions and transaction costs, so that overall, everyone loses (a negative-sum game). Alice/Yang tells me, she will help my money grow, and to download XCritical app.

scammed by XCritical

Leading you to believe that other savvy people have already invested. Churning is excessive trading by a broker in a client’s account in order to generate commissions. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Lost Your Money In A Forex Scam? 5 Steps To Recover Your Money

Forex scams run rampant in the world of online trading, fuelled by scammers that are protected by the anonymity of trading online. Recognizing a dangerous broker in time can protect investors from serious consequences. So, these were the top 5 methods to recover your money from a forex trading fraud. Remember, it’s always better to be safe than sorry, so choose your forex trading broker with due diligence, to begin with. I have $31,595.58 in an account that I acquired from trading on your platform that I wish to withdraw. I can’t find assistance anywhere when it comes to meta trader 5.

  • She has no fb, insta, tiktok or any sm profile anywhere.
  • When we do not know much about the regulatory system in foreign countries, we should check which one is the official regulatory agency and verify the existence of the license before we start trading.
  • More often than not, leverage this big is just a placeholder and not the actual feature.
  • To determine whether a foreign exchange platform or brokerage is a fraud platform, a relatively simple method is to directly query the website’s functional variable name information.
  • Thus, if you are an aggressive trader who wishes to spread the investment risk, this robot cannot meet your needs.

Battle of traders, where you can compete with traders around the world for a cash prize or contests where you will need to complete a number of tasks . Establish that the fund managers are qualified and experienced. Many scam funds will claim that their fund managers are qualified professionals but in fact, they are not.

Guaranteed Returns Scams

Charles has taught at a number of institutions including Goldman Sachs, Morgan Stanley, Societe Generale, and many more. If you know of or encounter a scam, this is the place to let people know about it. If you have any questions, you can post here and have your question answered xcritical rezension by people who are knowledgeable about all types of scams. If you have fallen for a scam, you can post your experience here to warn others. I’m not a super naive guy, but not super experienced in this eigther. Moreover, she caught me in a very difficult life situation now.

scammed by XCritical

It’s important to act quickly if you think you’ve fallen for a forex scam. It’s also worth searching the FCA’s warning list of unauthorised firms to avoid too. Investing in an FCA authorised firm means that your money will be protected by the Financial Services Compensation Scheme . Fraudsters use Forex Ponzi schemes to advertise non-existent forex funds that guarantee a high level of return in a short space of time. Members of these schemes are charged a subscription fee and encouraged to recruit more people to join so that they can earn a commission. Sir,i and 16 of us have be scammed by a fellow here in Nigeria.How do we recover our money?

What Are Forex Trading Scams?

They are not legit broker, they are refusing withdraw, fraud people and control the market node. I haven’t heard anything since November 4th 2021 and I’m convinced it is a scam. I have been connected by an agent and they have advised me my funds are sitting in my MT5 Account. Could you verify this is correct and how do I withdraw any funds since the App is not allowing me to do so since I believe it is a demo account and the funds are not realistically there.

scammed by XCritical

This company has done this to so many people and are just getting away with it. Which they say has been withdrawn but not arrived in my account.

For instance, a buy order is filled at a much higher price, which limits the eventual profits that can be realised on the trade, if any at all. There is also ‘stop hunting’, where the broker will seek to take out the stop loss applied by the investor before continuing to stream the correct prices. Essentially, price manipulation will result in the generation of losing trades for investors. For instance, when you go long on EURUSD, you are buying the euro, while at the same time selling the US dollar, with the aim that the euro will strengthen relative to the US dollar. Forex as an investment opportunity, has long existed in the world, but it has only become widely available to the retail trading community in the last decade or so. Retail investors mostly trade Forex as CFDs , where there is no obligation to own the underlying currencies traded. When trading CFDs, investors are speculating on the price changes in financial assets, which means they can profit from both rising and falling prices.

scammed by XCritical

Russel Cline, Russel Erxleben, Richard Matthews Jr., and Joel ward are just a few of the more significant names that have run scams and been prosecuted. All of them demonstrate the important principle that money isn’t secure, even if invested in a government regulated industry. FDIC insurance is one of the few guarantees that money will actually be retrievable.

I provided some details about myself, I dont think enough to have fraud commited against me, anything i should watch out for or check? One day you can look back on this and say, “It was painful but I’m so grateful that happened to me because what I did because of that made me rich. I would have never tried so hard if I didn’t lose that money.” You didn’t lose this money, you invested it into your education and it’s up to you as to what you will do with this investment in your education. Many people asked MetaQuotes to develop a mobile version of XCritical for Iphone.

Novice traders will love IG’s intuitive mobile and desktop platforms, while advanced traders will revel in the platform’s selection of indicators and charting tools. Though IG could work on its customer service and fees, the broker is an asset to new forex traders xcritical courses scam and those who prefer a more streamlined interface. After a week she started going on about mt5 and sent me screenshots of her trading. I was not totally stupid and spent 2 weeks deliberating this . I decided to start the demo account and made money easily.

This is probably the most not-so-subtle scam, but it still manages to net customers. In this scam, investors are encouraged to join a service or company that trades the Forex market, and they will earn fixed periodic profits.

This post will be regularly updated with links to new … A few months ago MetaQuotes released the beta version of the XCritical Strategy Tester – Metatester 5. In XCritical Strategy Tester you can test an Expert Advisor using different currencies, but you can also automatically test a multi-curre…

scammed by XCritical

However, once you invest real money, you will have a completely different experience. Reviewing Verge Markets broker, we’ve noticed they try to put clients under the impression of working with a UK-based company. Therefore, we’ve looked for the regulation, license, trading conditions, and more. Imagine our surprise to learn you’re dealing with a fraudulent broker.

These images are used because they unconsciously arouse curiosity and thus influences the viewer to click and find out more. Because banks and financial institutions take their reputation and goodwill too seriously. To that extent, they have a strict policy to block individuals or entities engaging in fraud or financial crimes. You can directly file a dispute with the issuing bank on the concerned transaction. The bank will then review the claim and determine its validity in the next few weeks.

That is, traders only need to place a little margin with the broker to control a much larger position in the market. This effectively means that profits on successful trades are amplified. But herein lies the danger of leverage – losses on unsuccessful trades are also boosted. So essentially, Forex is a high risk, high reward activity. Forex is by far the largest financial market in the world, with over $6 trillion traded daily globally. That staggering figure, coupled with the magic of leverage, always means that there is immense opportunity to make profits in the Forex market, even though this comes with a lot of risks as well.

SCAM. Used by to scam you out of your money. Names involved; Megan Taylor “broker”, Eve Parker “account manager @ income finance” and Stephanie Miller “leverage manager”. Probably all of them the same person and obviously using fake names. Apparently I traded between two different platforms and now the xcritical scam want me to pay 50k at first and now they want 20k. As soon as you make a request for withdrawal, they either close your account or fake the prices and make it look like you have lost all of your funds. The broker offers a VergeMarkets Demo account to lure innocent clients and make them believe that everything is fine.

But the majority of violators have historically been United States-based companies, not the offshore ones. When researching a potential forex broker, traders must learn to separate fact from fiction. For instance, faced with all sorts of forums posts, articles, and disgruntled comments about a broker, we could assume that all traders fail and never make a profit. The traders that fail to make profits then post content online that blames the broker for their own failed strategies. Hi DPMx9, AutoModerator has been summoned to explain the advance-fee scam.


Decentralized Exchanges And Iota


“Unfortunately, there are still some parts of the exchange that rely on centralized services ,” dYdX tweeted. Solana is the fastest blockchain in the world and the fastest growing ecosystem in decentralized crypto exchange crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more. Articles and financial market analysis on this website are prepared or accomplished by an author in his personal capacity.

Centralized exchanges are operated by companies that are responsible for the holdings of their customers. Large exchanges usually hold billions of dollars worth of bitcoin, making them a target for hackers and theft. Solana’s scalability ensures transactions remain less than $0.01 for both developers and users. The former electronics goods retailer is getting into cryptocurrency. You can’t contact customer support for help on DEX and they don’t provide a fiat-gateway as CEX does.

decentralized blockchain exchange is a cross chain bridge enabling bi-directional token transfers for Ethereum, Binance Smart Chain, Fantom, Fusion, Heco, Polygon and xDAI chains. PancakeSwap is a Binance Smart Chain based AMM exchange with liquidity incentivized through farming mechanics, lottery, and collectibles gamification. KyberSwap allows anyone to convert tokens directly from their wallet in an instant, convenient and secure way. Curve is an exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading. “#IDEX will begin blocking new orders from users with New York State IP addresses on Thursday, October 25th . Cancels and withdrawals will remain active” – via Twitter. Your data is stored locally on-disk, and is never sent to a central server.

Cryptocurrency exchanges also come in centralized and decentralized formats. Decentralized exchanges are unregulated online exchanges hosted on distributed nodes that are user-owned, and there is no centralized governing authority. While this may sound scary, decentralized exchanges offer transparent transactions and fees and a direct peer-to-peer exchange of cryptocurrency.

Please Complete The Security Check To Access Www Coinbasecom

In CFD trading, no party owns the physical asset in contrast with the classic exchange process. Decentralized exchanges pose a threat to centralized cryptocurrency exchanges. BitMEX, the world’s largest Bitcoin derivatives exchange by volume, recently received indictments for its senior team. This sent shock waves across the industry and led to a massive pullout of coins from the wallets of centralized exchanges. People feared that other exchanges would be sued, and as a result, the amount of BTC sitting in exchange wallets fell to its lowest value since November 2018.

To validate new entries or records to a block, a majority of the decentralized network’s computing power would need to agree to it. To prevent bad actors from validating bad transactions or double spends, blockchains are secured by a consensus mechanism such as proof of work or proof of stake . These mechanisms allow for agreement even when no single node is in charge. To carry out transactions, it doesn’t ask you to transfer funds to a wallet or any trading accounts. After all, having an e-wallet, just like in the case of a centralised exchange platform, increases risks. Centralised exchanges bear the additional cost of setting up and maintaining infrastructure to offer secured services.

The Rise Of Decentralized Cryptocurrency Exchanges

Security – Users should feel that their crypto is secure on their trade platform, so security breach prevention measures and safe account management methods are essential elements. We looked at each platform’s history of keeping their users’ funds and information safe and considered whether they offered insurance to users in case they lost their money due to a mistake on their part.

Many in the crypto space have expressed concerns about government regulation over cryptocurrencies. The dark web allows users to buy and sell illegal goods without being tracked by using the Tor Browser and make illegal purchases in Bitcoin or other cryptocurrencies. When a user makes a public transaction, their unique code—called a public key, as mentioned earlier—is recorded on the blockchain. Healthcare providers can leverage blockchain to securely store their patients’ medical records. trading strategy When a medical record is generated and signed, it can be written into the blockchain, which provides patients with the proof and confidence that the record cannot be changed. These personal health records could be encoded and stored on the blockchain with a private key, so that they are only accessible by certain individuals, thereby ensuring privacy. What a blockchain does is to allow the data held in that database to be spread out among several network nodes at various locations.

Whats Next For Blockchain?

You can use the order books for your trades and in some advanced exchanges even some technical analysis tools. These three top growth names are already down a lot and trade at fair prices, but could become really huge bargains if the market falls more amid rising interest rates. With the amount of data that’s collected on each of us, privacy has become a very important consideration for many people today. With DEXs, people don’t need to provide their information to third parties, and there are usually no registration requirements for using the exchange. Crypto exchange fees are complicated and can be the source of great frustration, especially when the cost of a trade suddenly spikes upwards due to unexpected charges. Crypto exchanges charge several fees, and it’s not always clear what exactly you’ll be charged for. In addition, its platform has successfully completed several penetration tests, which are simulated cyberattacks performed to evaluate system security, and has shown proof of its funds over the years.

decentralized blockchain exchange

Through voting for SRs, voters can earn rewards for participating in building the TRON ecosystem. The first-ever TRON-based blockchain explorer that provides comprehensive on-chain data for queries and supports token creation. Today, we gain access to ‘free’ internet services by giving up control of our personal data. These are free and easy to set up, controlled by you, and work without any personal info. Anything you can own can be represented, traded and put to use as non-fungible tokens . You can tokenise your art and get royalties automatically every time it’s re-sold. Other actions, such as staking, wrapping or trading tokens, can incur fees, but won’t cost you an arm and a leg.

The Benefits Of Dex

Developers, traders, and liquidity providers participate together in a financial marketplace that is open and accessible to all. And 1inch will certainly need some money as it has run into regulatory issues. “The geoblocking restrictions are working very effectively by restricting U.S. territories,” the company told me. That move comes just a few months after Uniswap restricted access to some tokens in the U.S. Exploitable bugs in smart contracts could escape comprehensive audits and detailed code reviews, thereby leading to further damage. As a result, DEX aggregators don’t have any need for servicing traders exclusively from their own liquidity pools. So, you can clearly notice how DEX aggregators could play a crucial role in delivering efficient approaches for crypto trading.

decentralized blockchain exchange

This way is much more secure because there is no possibility of a security breach if the smart contract is well written of course. The first to see the light of day was Bitcoin in January 2009, so as you can see, the crypto industry is still in its infancy.

What Are Cryptocurrency Exchanges?

Until recently, two major obstacles preventing widespread adoption were low throughput and the expense of building and running a DEX. However, with the advent of layer 2 blockchains and layer 1s like Solana, high throughput capabilities and cheaper transaction costs are opening up possibilities for DEX. 1inch and 1inch Pro will never interact with each other, meaning that liquidity pools will be segregated. With 1inch Pro, the company wants to convince institutional investors to use its new service.

Based on this Dune query, 1inch is approaching 1 million users on Ethereum — 195,000 users have interacted with 1inch over the past 30 days. And over the last two years, users have traded more than $100 billion in crypto assets forex analytics using 1inch. Start BuildingRead DocumentationSolana is a decentralized blockchain built to enable scalable, user-friendly apps for the world. Decentralized exchanges have no intervention from government and regulations.

As part of today’s Series B, new investors are acquiring tokens from the Growth & Development Fund as well as from existing investors who want to sell a portion of their investments. The Series B round decentralized crypto exchange was led by Amber Group with around 50 investors participating. Some investors include Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund.

If you want to take custody of the cryptocurrency yourself, most exchanges allow you to transfer it to your “hot” or “cold” wallet, along with the private keys for that cryptocurrency. One drawback is that you still don’t control the private keys, similar to Coinbase. The ability to withdraw cryptocurrency from an exchange is extremely important in the cryptocurrency community. With Robinhood, you can invest and trade cryptocurrency, but you cannot withdraw and spend it how you wish. This service allows users to split food, pay rent to a roommate, or even shop online at a retailer that supports Cash App. Cash App can essentially act as a bank account, and users can have their own Cash App debit cards.

What Are Decentralized, Nested And Centralized Exchanges? – International Business Times

What Are Decentralized, Nested And Centralized Exchanges?.

Posted: Thu, 23 Dec 2021 08:00:00 GMT [source]

That said, centralized exchanges are not in line with the philosophy of Bitcoin. They run on their own private servers, which creates a vector of attack. If you’re looking to get started with cryptocurrency trading or investing, choosing the best exchange for your goals is important. Foreign exchange reserves Whether you want the most currencies, the lowest fees, or the easiest experience, there is a good option for you. Whether that’s our all-around winner Coinbase or a competitor like Binance, all you need is a funded account, and you can buy your first cryptocurrency.

If one user tampers with Bitcoin’s record of transactions, all other nodes would cross-reference each other and easily pinpoint the node with the incorrect information. This system helps to establish an exact and transparent order of events.

  • Buy and sell bitcoin for fiat privately and securely using Bisq’s peer-to-peer network and open-source desktop software.
  • Some of you might ask, what is DeFi in crypto or what is decentralized finance?
  • DEXs can ensure transactions by leveraging smart contracts, which basically include self-executing agreements specified in code.
  • TRON’s first decentralized stablecoin lending platform that provides the best gateway to access DeFi.

On-chain order book DEXs could help traders in leveraging their positions by using funds from lenders on their platform. But in many cases, full decentralization is more of a stretch goal than a current reality. Global financial markets are in the midst of a transformative movement. The creation of Bitcoin and Facebook’s proposed distribution of Diem mark a watershed moment in the evolution of the financial markets ecosystem. Purportedly, peer-to-peer distributed digital ledger technology eliminates legacy financial market intermediaries such as investment banks, depository banks, exchanges, clearinghouses, and broker-dealers. Because crypto exchanges do not register with any central authority, it’s hard to know how many crypto exchanges there are at any given point in time. Many exchanges may be set up and then closed after very little time, which makes tracking this number even harder.

Author: Taylor Soper


5 Best Trading Platforms 2021


Merrill Edge also provides ample research to help you make trading decisions and a wealth of educational materials can help you get up to speed on investing. TD Ameritrade is good for beginners because of all of the information it makes available to guide you into the world of investments.

The fund’s prospectus contains its investment objectives, risks, charges, expenses and other important information and should be read and considered carefully before investing. For a current prospectus, visit /mutualfunds or visit the Exchange-Traded Funds Center at /etf. If your parents already use a broker, it is possible they would want to establish a custodial account with that broker. Our suggestions in this section is to tell you what to consider when choosing an online broker (with your parents’ assistance) independent of the broker used by your parents.

With hundreds of in-house made videos covering every trading concept under the sun, you can track your progress, earn badges as you go, and even quiz yourself on what you learn along the way. Vanguard has over 70 ETFs of its own, with expense ratios ranging from 0.035% to 0.07%. While some other ETF providers have been racing Vanguard to the bottom on fees, investors come out ahead with lower costs. In November 2019, Charles Schwab announced that it is acquiring TD Ameritrade. Once closed, it’s likely that TD Ameritrade trading platforms and Charles Schwab trading platforms will be combined into one.

online stock brokers

Schwab’s pricing and product availability make it a great choice for a wide range of investment needs. Schwab also lets you invest in fractional shares with as little as $5. This allows you Foreign exchange autotrading to buy less than a full share of stock at a time. If you invest in the stock or bond markets, enjoy your Monday off. The markets will be closed in honor of George Washington’s birthday.

Fees for broker-assisted trades (trades you request over the phone when you don’t have internet access) can be very high. Fidelity is a very well-rounded broker that’s good for both beginning and advanced investors.

My second pick, Merrill Edge, stands out because its parent company is banking giant Bank of America, which offers checking accounts, savings accounts, debit cards, credit cards, and mortgages. With a Financial Solutions Advisor located in over 2,000 branch offices out of a total of 4,000ish locations, Bank of America has, by far, the largest network. Thanks to its focus on professional and institutional trading, Interactive Brokers takes the crown. Interactive Brokers offers customers an arsenal of 63 different order types. Interactive Brokers offers trading in 26 countries and over 120 market centers. From that lens, hands down, TD Ameritrade is the best broker for beginners. Not only does TD Ameritrade offer the largest selection of education across any broker, but it is all gamified and completely interactive.


Merrill Edge’s portfolio analysis tools let clients take a deep dive into how their assets are working for them. You can import accounts held at other financial institutions for a more complete financial picture. TD Ameritrade offers many account types, so new investors may be unsure of which to day trading platform choose when getting started. There should be more help available to make sure customers start out with the correct account type. If you trade derivatives, most of the tools are on the StreetSmart Edge platform, but equities traders will wind up referring to technology on the standard website.

To buy a stock online, all you need to know is the company’s ticker symbol. For example, Disney’s is “DIS,” and Adidas’s is Foreign exchange reserves “ADDYY.” If you don’t know the ticker for a given stock, most brokers also allow you to type in the name of the company.

online stock brokers

Many new stock traders get overwhelmed because they have to get their information from numerous sources. It’s confusing and frustrating … and it eats up a ton of your time.

Bonds can be more complex than stocks, but it’s not hard to become a knowledgeable fixed-income investor. Investors can pocket a few hundred bucks just by opening an account with an online broker these days. Find the best stock screener based on data, platform, and more. Segment the stocks you’re watching with these exceptional stock screeners.

What To Look For In An Online Stock Broker

Supporting documentation for any claims, if applicable, will be furnished upon request. Alongside the Annual Review, our fifth annual forex brokers review, which included 27 forex brokers, was also published on our sister site, Finally, be sure to check the latest financial advisor ratings, which you can view on Based on over 30 variables, the best stock broker for beginners is TD Ameritrade. Alongside paper trading, TD Ameritrade offers the largest and most diverse selection of educational content.

  • They have a large amount of commission-free funds, low expenses, and a full range of account types to choose from.
  • Fidelity is always a top pick when it comes to choosing a full service brokerage.
  • It’s important to know your goals and define your priorities before choosing a broker.
  • If you’re a buy-and-hold investor and expect you’ll only have a few stocks or funds, research tools are probably a stronger consideration than saving a dollar per trade.
  • An informed trading decision will have a larger impact on your investment account than an occasional dollar or two in trading fees.
  • Even if you don’t invest with a commission free fund, they are $0 for commissions for stocks, ETFs, and options trades.

New investors can take advantage of all kinds of educational material, including more than 200 instructional videos, tutorials and more. Our experts have been helping you master your money for over four decades.

Which Online Broker Has The Lowest Fees?

If you’re saving for a goal other than retirement — or you’ve topped off your 401 and IRA contributions — a taxable brokerage account is a good option. As the name implies, this doesn’t carry the tax advantages of retirement accounts. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues.

online stock brokers

But we do have to make money to pay our team and keep this website running! has an advertising relationship with some or all of the offers included on this page, which may impact how, where, and in what order products and services may appear.


Robinhood could be a good option for new investors because it’s got an easy-to-use platform that’s not too overwhelming for first-timers, although experienced investors may find it overly simplistic. Eric Rosenberg has over a decade of experience writing about personal finance topics, including investing. He has an undergraduate degree and MBA in finance and spent Retail foreign exchange trading time during his MBA program managing a portion of the University of Denver endowment fund. He is an expert in investments, banking, payments, credit cards, insurance, and business finance. Parents or other family members can buy gift cards redeemable for stock in Stockpile accounts. Gift cards cost $2.99 for the first stock and 99 cents for each additional stock.

You’ll want to work with an online stock broker that can help you learn your way around the process. And when it comes to tools, your online broker can be a key asset … or your worst enemy. The Fidelity Account®Explore the details of this full-featured brokerage account, consistently rated among the best in the industry. Take advantage of stock screen strategies from independent third-party experts to research stocks, ETFs, and options, or create your own screens using over 140 custom filters. Opening a brokerage account isn’t much more complicated than opening a bank account, but it can take its due share of research. By taking the time to ensure that a particular broker is right for you, you’ll be doing your future portfolio a big favor.

online stock brokers

They must hold an Australian Financial Services Licence that is overseen by the Australian Securities and Investments Commission. BrokerChooser is free for everyone, but earns a commission from some of the brokers. Our recommendations and rankings are based on our methodology, independent from partnerships we have. Please use our link to open your account so that we can continue to provide broker reviews for free. does not provide any investment advice, we only help you to find the best broker for your needs. All of these brokers are considered safe and a great choice.

While some brokers have minimum account requirements, the amount you need to get started as an investor has more to do with what you invest in than where you open an account. If you plan to simply buy and hold stocks, you probably don’t need a full-featured trading platform. TD Ameritrade stands out as one of our top rated all-around brokerages with outstanding tools and products, in-depth and comprehensive research, and no account minimums.

Why Choose Td Ameritrade?

About the only routine fee that brokers consistently charge is a “transfer-out fee” if you want to move securities to another account. And you’ll only pay that if you do make a transfer of securities, but you won’t pay for any cash transfers. If getting started is still too daunting and you want a low-cost option that manages a portfolio of investments for you, then a robo-advisor is a great option. A robo-advisor will create a portfolio based on your risk tolerance and time horizon, and you’ll pay a low fee based on how much you have in the account. Fidelity may be the most investor-friendly broker out there, making it a great choice for beginners. This broker offers it all and does it at a high level, with remarkable customer service, too, especially by phone, where you can get an answer to your detailed question in seconds.