Do online platforms make investing easy for beginners? How to pick one that’s apt

Do online platforms make investing easy for beginners? How to pick one that’s apt

“Now, not only have most investment firms taken their investment expertise online by building free-to-use and paid trading apps, but such platforms are often considered to be far cheaper to use, meaning more of your money gets to your investment of choice.”

However, Shaan and Zubair Shakeel, another UAE-based investment advisor, agree that the ease that comes with using an online investment platform in the comfort of your own home, and the lesser costs that come with it, rarely affects a newbie’s first steps when starting out as an investor.

“Investing primarily involves first understanding what type of investments would suit your financial goals, and then often times learning by investing your own money instead of paying someone else to do it because the truth is no one cares as much about your money as you!” said Shakeel.

Checklist to picking an online platform

When it comes to picking a platform to trade, it’s always simpler when you have a checklist on how to pick the right broker! This guide does just that, walking you through what all one should keep in mind.

“Some investors are willing to pay higher trade commissions for a state-of-the-art platform, while others count costs