Can beginners trade with a well-regulated broker?？The key is to find brokers that offer low transaction costs and quality educational materials。

Regulation is a very important factor to consider when choosing a broker。Some traders may have different views on which regulations are best, but the easiest way to determine regulations is to follow the regulations that apply to your country。

For example, if you're from the UK, the Financial Conduct Authority (FCA) is the best regulation you can get。The FCA is responsible for regulating many brokers, including not only those designed to attract professionals, but also beginners.。

Here is a list of 6 FCA regulated brokers that are highly recommended for beginners:

1. Pepperstone: wholesome educational content and low spreads for beginners。
   eToro: educational videos, affordable transaction fees and low withdrawal fees for beginners。
   AvaTrade: Complete educational materials and swap-free accounts for beginners。
   XTB: Trading Academy, 0.5-point spread, and a swap-free account for beginners。
   CMC Markets: Offline and webinars, and a dedicated library of content for beginners。
   Tickmill: Comprehensive tutorial videos, webinars, workshops and 0-point spreads for beginners。

To learn more about each of the above brokers, let's move on to the next section。

1. Pepperstone

Pepperstone is an FCA broker, reference number: 684312, with exciting learning content for beginners, extensive online resources and trading guides。

New traders can find all the basics they need to get started on their official website, including how forex trading works, trading terms, and technical analysis。

Pepperstone also hosts webinars if you want to learn more about trading。The broker is known for its Razor spread account, offering 0 spread for all traders。In return, Pepperstone will charge 0 per round..Low commission from $05。

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Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。

Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。

They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。

Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:

Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions

With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。

As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。

Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。

When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。

Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。

Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。

Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。

As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。

If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。

Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。

2. eToro

eToro Online Trading Academy has made this broker one of the best FCA brokers for beginners, licensed by FCA, reference number: 583263。

They have a wealth of resources to help you learn how to trade and invest successfully in a variety of markets, whether stock market, forex or cryptocurrency, and their educational videos are divided into different categories to make them easier to understand.。

The broker's fees for trading are also very affordable.。First, you don't have to pay anything to open an account with eToro and you don't have to pay an administrative or ticketing fee。

eToro does not charge a deposit fee, but charges a low flat fee of $5 on withdrawals to cover part of the costs involved in international remittances.。

In addition, eToro charges a $10 per month inactivity fee for accounts that have not logged in for 12 consecutive months.。

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Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。

As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。

As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。

自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。

NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。

Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。

Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。

In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。

The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。

eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。

Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。

As a beginner, traders can useeToro's Copy Trading Features。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。因此 ，100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。

The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders who are interested in copying their trades when creating their best portfolio。

Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。

3. AvaTrade

As an FCA broker for beginners, AvaTrade understands the importance of educating its clients and is licensed by the FCA under reference number 504072.。

They believe that customer enrichment is a key part of trading with confidence, so they provide a wealth of training materials (including articles, e-books and videos) for all traders.。

AvaTrade Beginner Trading features cover all aspects of free trading for beginner and intermediate traders, all starting with trading rules, analysis and indicators, strategies, and many other useful information。

AvaTrade also offers swap-free accounts, known as Islamic trading accounts, which give you 24-hour access to the Contract for Difference (CFD) market and use a variety of tools.。

Islamic accounts do not charge any special fees or interest, in line with the financial principles of Sharia law。This account is also great if you want to avoid possible swap fees from overnight positions。

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Avatrade is one of the most comprehensive brokers, supporting almost all trading styles。Avatrade not only allows hedging, scalping and expert advisors (EA), but also completes its services through one cancellation of another order (OCO) and automated trading in many variants of automated trading systems.。

Founded in 2006, AvaTrade's primary mission is to allow people to trade with confidence.。If traders are still confused about the best broker to support traders trading, AvaTrade may be the trader's choice, as it has been evaluated and recognized for some of the industry's most outstanding financial and technical achievements for its clients.。

In 2019, the Dublin-based broker acquired Daytrading."Best Forex Broker 2019" by com。In addition, the company has been honored as "Best Forex Broker," "Best Bitcoin CFD Trading Provider of the Year" and "Best Alliance Program in Europe."。

In addition, for more liquid traders, AvaTrade offers a number of platforms that allow traders to trade using laptops and mobile phones。The availability of the free Autochartist tool in the platform is the best support for both novice and experienced traders, as it makes it easier for them to find trading opportunities without having to look at the chart all day。

Autochartist free signals available in gold accounts, platinum accounts and AVA Select。By opening an account with AvaTrade, traders do not have to pay for the full Autochartist service。Autochartist itself is a market scanning tool that can detect trading signals from various technical perspectives.。

Traders can access AvaTrade on multiple platforms such as AvaTradeGO, MetaTrader 4, MetaTrader 5, Automated Trading, Mac Trading, Web Trading, Mobile Trading and AvaOptions。

On the regulatory side, AvaTrade has a large number of credible licenses that guarantee security even with deposits as high as $10,000.。AvaTrade uses a separate account system, subject to the Central Bank of Ireland (No..C53877), ASIC Australia (No.406684), Japan JFSA (No.1662) and South Africa (FSP 45984) regulatory。

In the event of extreme market volatility, will traders suddenly lose more than their deposits?？AvaTrade explicitly answers no because traders have negative balance protection。

AvaTrade has a minimum deposit of $100 and offers different leverage depending on the trading instrument; whether it is Forex (30: 1 start), Indices (20: 1 start), Commodities (5: 1 start), ETFs (5: 1 start) or Cryptocurrencies (2: 1 start)。

AvaTrade is committed to maintaining a set of customer-related values。As a result, the company offers the best trading experience with multilingual customer service and the most advanced and user-friendly trading platform.。

New traders can also learn Forex trading in the "Education" tab of the official AvaTrade website。Traders will find tons of articles, video tutorials and more tools to help them every step of the way。This is an important requirement as the forex market can be a bit unbearable and even scary at times, so traders need to make sure they are fully prepared before they start trading in a live account。

AvaTrade offers a variety of account types, as well as Islamic trading accounts specifically for Muslim traders.。The Islamic account type is similar to the regular account type with one key difference; it does not charge any special fees or interest (no overnight interest), which is in line with the financial principles of Islamic law。

Traders can choose AvaTrade as an ideal option if they are confident in forex trading。The minimum deposit and the various platforms offered are suitable for beginners trying Forex trading for the first time。

4. XTB

XTB has been registered with the FCA, reference number: 504072, providing a trading academy for beginners, making it an excellent FCA broker for beginners。Their Trading Academy is a dedicated education area that contains a wealth of content designed to help you become a better trader, with materials including video tutorials, trading courses, articles and more。You can also learn about the topic of your choice from the list available on its official website。

In addition, if you want to choose a lower transaction cost, then this brokerage firm is a good choice。Their standard accounts offer a minimum of 0 for Forex, Indices, Cryptocurrencies, Commodities, Equity CFDs and ETF CFDs..5 point spread and no commission。

You can also opt for an overnight interest-free account with XTB so you don't have to worry about overnight fees。

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With more than 15 years of experience, XTB (renamed X-Trade since 2009) is one of the world's largest brokers with offices in more than 10 countries including Belize, UK, Poland, Germany, Spain and France.。XTB Group is regulated by the world's largest regulatory bodies such as IFSC, FCA, KNF, CySEC。

As a regulated company, XTB keeps all of its retail clients' funds in completely separate accounts, meaning they are not intermingled with the broker's working capital, giving traders registered with XTB the confidence to trade their funds safely.。

XTB is committed to providing convenient transactions anytime, anywhere, and they have a mobile app xStation to realize this vision。Traders can access the financial markets at their fingertips and choose from over 1,500 CFD markets, including 48 currency pairs, cryptocurrencies, 20 indices, commodities (gold, oil, silver, etc.), stocks and 60 ETFs from around the world.。The app can be downloaded in Google Play and the App Store。

Traders can also access their platform via personal computers。XTB provides an online trading platform that can provide more advanced tools for more advanced traders. It is fully compatible with Chrome, Firefox, Safari and Opera web browsers, providing traders with fast and reliable transaction execution speed. It has won awards such as "Online Personal Wealth Award" and "2016 Best Trading Platform of the Year"。MetaTrader 4 can also be used when trading in XTB。

XTB charges fees for foreign exchange, index and commodity transactions, the amount of which varies according to the type of account。For example, in a professional account, a trader must pay 3 per lot for Forex.$5 commission to pay 0 per lot for equity CFDs and ETF CFDs.Commission of 08%。

CFDs are complex instruments and have a high risk of rapid losses due to leverage。When trading, customers must prepare strategies。According to XTB, 75% of retail investor accounts lose money when trading CFDs。Clients should therefore consider their level of understanding of CFD trading and their ability to take high risks。

Traders can grow their knowledge by joining XTB's Trading Academy program。There is a wealth of content designed to help traders, including video tutorials, trading courses, articles and more。Traders can choose a topic from different levels of education and improve their skills at all stages of the trading journey。

In addition, XTB deposits funds in a variety of ways, including bank transfers, credit cards (Mastercard, Maestro, Visa) and e-wallets (Skrill, Paysafe, Neteller, etc.)。However, some of these methods may incur additional costs。For example, when using the Neteller method, traders must pay 1% of their deposit amount。

Traders can contact XTB's 24 / 7 customer support, who are always ready to answer all traders' questions and solve problems, whether via email, phone or live chat。

Overall, XTB is recommended as the ideal broker with top regulatory and trading platforms。Its educational function is also worth joining, as many traders are still perfecting its consistency and continue to understand the dynamic changes in the foreign exchange market.。

5. CMC Markets

CMC Markets has produced tailor-made learning materials for new traders, carefully designed regional workshops and online webinars to help you learn the basics and advanced strategies。

Topics include weekly chart webinars, analysis of major US non-farm payrolls announcements, trading platform workshops and more, making this FCA-licensed broker (ref: 173730) ideal for beginners.。

There are many events designed to meet a variety of individual trading needs, and you can also access its comprehensive market analyst video library and learn how to use all the features in CMC Markets。

CMC Markets also offers 0 for FX currency pairs, indices, commodities and Treasuries.Low difference from 7 o'clock。

6. Tickmill

Tickmill is a well-known FCA authorized broker (reference number: 717270) with comprehensive informational videos that provide you with step-by-step guides on trading。

The video tutorials offered by this trader include forex trading tutorials, market analysis, trading strategies and trading psychology, and you can also access a large number of trading-related e-books as well as webinars。

If you have more funds, you can create a Pro or VIP account in Tickmill, because both accounts have 0-point spread and no overnight interest options, which can gradually reduce your transaction costs。

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Tickmill is an award-winning global ECN broker licensed and regulated by the Financial Conduct Authority (FCA), Cyprus CySEC and the Seychelles FSA。Founded in 2014, the company offers a variety of trading services to retail and institutional clients with a focus on foreign exchange, equities, commodities, CFDs and metals.。

For traders who prioritize spread value in broker selection, Tickmill offers premium services with low spreads, from 0.From 0 o'clock。

The London-based company's mission is to provide clients with the best possible trading environment so that they can focus on trading and become successful traders, such as offering 0.15 seconds of quick execution。With this setup, Tickmill gets CFI.Best Forex Executive Broker Award 2019 from co Awards。In addition, Tickmill has been awarded "Best CFD Broker in Asia 2019" by International Business Magazine, "Best Forex Broker in Asia" by Forex Awards and "Most Transparent Broker in 2019."。

After registering with Tickmill, traders can choose the most desirable asset among the 60 currency pairs available for trading。If the trader is not yet sure whether to open a real account, Tickmill recommends learning to trade through a demo account。

There are also educational features such as webinars, seminars, e-books and video tutorials。Traders can use all these facilities to increase their knowledge about trading and the financial markets in general。If traders already have enough knowledge, they have a greater chance of consistently earning profits。

For traders who sign up for a real account, they can choose to offer three types of accounts, including professional accounts, classic accounts and VIP accounts。Traders can take 0.01 minimum order opening。This applies to all types of accounts。

The company offers advice to traders who are still confused when choosing an account。For example, for novice traders, Tickmill encourages customers to opt for classic accounts。It provides the best conditions for fast order execution while enabling traders to use almost any trading strategy。In addition, the account does not charge a trading commission, so the trader only pays the buy / sell spread。In addition to the above three main accounts, Tickmill also offers Islamic accounts (free of overnight interest).。

At Tickmill, however, traders can only use MetaTrader 4 as their trading platform.。Although not much compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface with sophisticated order management tools to help traders control positions quickly and effectively。

One-click EA integrated on MT4 enhances the convenience of Tickmill trading。Traders will automatically receive stop loss and take profit calculations; most importantly, Tickmill provides VPS hosting for automatic traders who do not need to worry about technical issues such as Internet connection。

They offer a variety of third-party research solutions, including Autochartist, a popular pattern recognition software that uses automated technical analysis to make predictions and generate trading signals.。Autochartist is available in the portal of Tickmill and as a platform plug-in for MetaTrader 4。

As a Tickmill customer, traders can deposit and withdraw money using multiple payment methods including Visa, Mastercard, Bank Transfer and Skrill。Tickmill accepts deposits and withdrawals in 4 currencies, including USD, EUR, GBP and Polish Zloty。

Overall, Tickmill is a competitive spread broker and offers a safe trading environment with its regulated entities located in three different jurisdictions.。Although the trading platform is not great, the analytical tools they provide to meet the needs of traders meet the standards of retail brokers。

Features of a beginner-friendly broker

There are many FCA brokers in the industry, but only some of them are really suitable for novices, and these brokers actually provide powerful features that are very beneficial for beginners.。

1. Low point difference
   The spread is the difference between the broker's selling price and the buying price.。Some brokers may charge you high spreads, while others offer low spreads or even zero spreads。Of course, it is more recommended for beginners to trade low spreads because they need to reduce transaction costs as much as possible。
2. Exemption from Swap Fees
   Swap fees will be charged for overnight positions.。Similar to spreads, it also increases your transaction costs。Fortunately, some brokers offer swap-free options to ease your burden, so it is more recommended for beginners to choose a broker that allows swap-free trading。
3. Educational Information
   Trading is a learning process.。In order to survive in the market, you always need to learn something new。Usually, you can access some material on their official website; sometimes, there are even webinars or podcasts to talk more about deals。
4. Demo Account A demo account is a simulation of the market environment。Most brokers have demo accounts where you can learn how to trade with virtual funds so you don't lose any money。This is a great way for new traders to understand the market without risk。

As a beginner, picking the right broker can be a daunting task if you don't know the industry。However, by using all the above factors, it will be easier for you to discover which broker can meet your conditions and requirements。