Hi Rossored - I'm based in the UK and looking to trade equities, forex and options. To reiterate, I'm a beginner and from some of the reading I've been doing it looks like a couple of key criteria should probably be education features and demo account.
I've been recommended Degiro by some friends who have used it, but I understand this is Dutch. One of the main selling points for this was that it's one of the cheapest (I saw comparisons which seemed to indicate it costs a small fraction to trade on Degiro compared to alternatives).
If Degiro is a benchmark (based on sheer popularity) for comparison, what would you reckon are 'better' options for my situation? 'Better' in some holistic way that is - not too expensive, safe, easy for a beginner to get the hang of etc
For beginners, I'd say IG is probably the best. Trade from 0.25p/point on some instruments, demo and live accounts are exactly the same, biggest broker in the UK, probably best desktop/mobile platform too. Second choice would be CMC.
......I'm based in the UK and looking to trade equities, forex and options. To reiterate, I'm a beginner and from some of the reading I've been doing it looks like a couple of key criteria should probably be education features and demo account.
Imho you are perhaps already looking to do too much, learn too much...too soon; which is exactly what I did when I started
With my Phd in hindsight and my If-I'd-known-then-what-I-know-now hat on:
If you think of what you are undertaking (or about to undertake) as a project then that might help you to better define the phases of your progress. Ultimately of course, you want to make money consistently but in order to get there and looking at things purely from a knowledge acquisition point of view, you are going to learn about your: chosen market(s), money/risk/trade management, analysis, platform(s), strategies, set-ups and also your own shortcomings and strongpoints. You can try trading for real money whilst you do all of this but I would hope that you can see that this is perhaps not the wisest approach.
To start with, you say that you are "looking to trade equities, forex and options" and already you're casting your net wide as each of these are very different animals - e.g think: salmon, sharks and dolphins....all fishy type beasties but will you be eating them or will they be eating you? Just start with one - no matter if it's forex or equities or whatever. Any of the bigger brokers have education and training material and signing up doesn't oblige you to trade. Most offer demo accounts and after a demo account (or3) you can make the jump to Real at 10p a point until you are successful enough to scale up further.
Forums are a good place to interact with helpful people and fortunately they are fairly easy to identify.