The Sites You (We) need to Trade
A long long time ago, our trading Ancestors needed costly equipment and infrastructures that included expensive terminals and softwares, satellite connections for real-time, recorded phones and dealer boards in crowded trading rooms. In order to put on a transaction, they had to call their brokers, hoping for a fair and skilled execution. The news and information were found in printed newspapers that were distributed every morning on the trading desks.
Fortunately, the time for Trading 2.0 has come! Now anyone can compete in terms of execution, research, information, services and news flows with the professionals from the best Investment Houses at extremely low costs. More simply said : everything you need to trade is available on the Web. Now the thing is to know what you need, where to find it and which one to choose among the endless list of providers.
The Lord of Trading is here to help... This page lists the websites our Fellow Traders do need to trade and assume that You will also need...
Of course, our number 1 recommendation is the website you are currently visiting! Our main purpose is precisely to provide the traders with all what their daily trading requires in one single website.
News and Research
For the News flows, just follow the leading business publications and the market references. Our advise is to subscribe to the RSS feeds provided by the major sites and aggregate them in a RSS reader.
- Bloomberg, Reuters and Dow Jones Newswire are the market references that have been feeding the trading rooms worlwide for decades.
- The Wall Street Journal is one of the most respected source for news and business information worldwide. We strongly recommend a subscription to The Wall Street Journal Online
- We are in Financial Times. Go and have a look at FT Alphaville blogs and for the Financial professionals its Long Room
- For independent investment research and opinion, Morningstar is one of the top 25 searched sites for financial news and information (Nielsen, September 2008), as well as the recognized leader in stock and mutual fund analysis. In fact, they have more than 6,000,000 registered members (just a few more than us!). The US residents should definitely register to a Morningstar Free Membership or to a Morningstar Premium Membership (14-day free trial)
- The Economist remains the best friend of any Global Macro player, that's the absolute reference. In the UK, we recommend the Economist Direct service.
- The Prudent Speculator is the best-performing veteran in value stock investing among a crowded field of competitors. For over 30 years, The Prudent Speculator’s value-based investing approach has provided readers with actionable investment information. In addition, the Hulbert Financial Digest rated The Prudent Speculator the #1 investment newsletter for Total Return Performance for the past 15, 20, and 25 years.
-The Forbes Special Situation Survey is one of the oldest continuously published investment newsletters on the market. Each month, subscribers receive a 10-page research report recommending just one undervalued stock that their analysts believe holds the promise for significant capital appreciation over the next 18 to 24 months. The Forbes Special Situation Survey did four times better than the S&P 500 over the past five years.
Forex Brokers
Our recommended Forex brokers are OANDA FXTrade : Online currency trading with tight spreads, $1 minimum transaction size, and no service charge. They offer the lowest spreads (less than 1 pip for EURUSD). To be noticed : their News tool, accessible from the platform (including the practice version) is one of the best we found (and that's free!)
and eToro: one of the leading Forex companies in the world and they offer up to $1,000 first deposit bonus! The eToro platform is simple and user friendly : even the most novice trader can easily learn how to use it and learn how to trade forex by using the platform!
Stocks and Options
For stocks and options, we recommend:
- tradeMONSTER an innovative online brokerage that launched in 2008 and geared towards stock and options traders. Differentiators of other online brokerage firms include a completely customizable trading platform, real-time streaming quotes and charts for accounts accounts including paperTRADE, one click order form from anywhere on the trading application and unique trading tools like spreadMAKER, Exit Plan, tradeLAB and strategySEEK.
- Optionhouse an online options and stock brokerage designed and built by the professional traders at PEAK6 Investments,LP. The professional-grade platform delivers a fast, streamlined trading experience, smart tools, free data and research, free subscriptions (including to Morningstar
and The Wall Street Journal
) and some of the lowest rates of any online brokerage. Barron's
rated us "Best for Options Traders" for the past two years.
- Trade highly leveraged Digital Options on Stock, Indices, Forex and Commodities with
, the world’s leading binary options trading platform. By correctly predicting the price direction, investors can take profits as high as 71% from each binary option trade. A generous 15% loss protection is guaranteed.
Financial Spread betting
For Financial Spread Betting, don't overpay for the brokers ads you see on the Tube or on TV! We recommend
, simple with tight spreads (eg 1 point for the FTSE). They are relatively new to the market but the technology, pricing and service is provided by London Capital Group, authorised and regulated by the Financial Services Authority and a member of the London Stock Exchange. : stock market indices, forex, metals (gold, silver, platinum,...), commodities (oil, gas, live cattle, corn, coffee,...), bonds, interest rates and shares. Free Demo account available
The Financial Spread Betting site has reviewed a lot of brokers and is plenty of valuable informations.
Live Quotes and Charts
We have selected ADVFN
a large stocks and shares website, offering free streaming prices from NASDAQ, NYSE, Dow Jones and many more indices from around the world. Just register for free ADVFN Bulletin Boards that receive thousands of posts everyday are among the most influential and are able to move the markets: you have to stay tuned!