The best Brokers for beginners offer three essential benefits. The first, and most important, is a user-friendly website and overall trading experience. Second, they provide a strong variety of educational materials to know how to use their user-friendly application/website. Third, offer low commissions and small spreads. Commissions are exactly what it sounds like. For every trade the broker executes for you they charge a commission. Spreads are the price difference between your “Ask” price and your “Bid” price). Spreads are essentially another way Brokers are able to make money off of executed trades. Some brokers will have low commissions but have large spreads. This way they aren’t losing out on commissions rather “packaging” or “hiding” those fees in large spreads. High spreads make it so that your recently executed trade immediately starts in a negative position.