Target Trading’s Main Highlights
Account Minimum – $0.00
Product offerings – This broker offers stocks, crypto, forex, futures, bonds, and other fixed-income products.
Costs – Zero commissions stock trading
Pros and Cons
Pros
- A broader selection of trading instruments
- Access to several global markets and trading systems
- Lower fees and spreads
- Multiple trading platforms
- Extensive educational resources
Cons
- The onboarding process is a bit slow
- Services are inaccessible in some countries
Target Trading’s Top Benefits
Like other brokers, Target Trading offers unique perks to its clients. The following are the top benefits of trading on Target Trading.
A more comprehensive selection of trading instruments
Target Trading is an excellent choice for traders and investors seeking to spread their investments across multiple asset classes. They offer extensive assets and fixed income products for beginners, passive investors, and long-term active traders.
Access to diverse markets
Target Trading also boasts an elaborate network that cuts across numerous markets and automated trading systems. That ensures greater flexibility for traders and investors, which is essential to maximizing profitability.
Lower fees and spreads
Investing with Target Trading also brings more significant cost savings. That is mainly because of their no commissions policy for stock trades and waivers on account minimums, checking fees, domestic wire transfers, and inactivity fees. Besides, they have some of the lowest spreads in the industry.
Multiple trading platforms
Target Trading is a multi-faceted trading platform that caters to traders of all levels. Its mobile app boasts s simplistic design with intuitive features for novices and passive traders. Target Trading’s desktop and web platforms offer more advanced tools for experienced traders.
Products and Markets
Target Trading boasts a broader selection of investment instruments, including numerous traditional assets, new asset classes, and fixed-income products. They emphasize a robust portfolio that caters to the unique demands of beginner investors and seasoned traders. This broker’s diverse product offerings allow their clients greater freedom on how and where to invest their wealth.
Target Trading’s clients can access the following investment options.
- Stocks
- Crypto
- Forex
- Futures
- Bonds
- ETFs
- CFDs
All the above products are readily available to all traders and investors across Target Trading’s trading platforms. Target Trading has a broader network that allows its clients access to numerous market centers worldwide.
Trading Platforms
Target Trading is an all-inclusive online brokerage with special provisions for different types of traders and investors. They provide desktop and web-based trading platforms and an intuitive mobile app. The platforms integrate nearly similar tools and features that make navigating them stress-free.
Traders and investors on Target Trading have access to robust trading tools and amenities, including asset screeners, charting, watchlists, portfolio reports, trading idea generators, price alerts, in-built research, news, and data streaming. You can stage orders for later execution and place multiple order types from any platform.
The onboarding process is a bit slow but Target Trading continues to develop its trading programs to improve the customer experience. Besides, remember the platforms are not accessible in some countries.
Education
Target Trading also provides rich educational resources in multiple formats for different types of traders. The resources are available across all trading platforms and cover many investment topics. This broker’s educational programs include webinars, tutorial videos, market reports, infographics, and expert commentaries. Besides, traders can also access technical analysis tools for informed investment decisions. The client-focused educational programs allow traders to trade efficiently and avoid unnecessary risk exposure.
What About their Fees and Commissions?
Trading on Target Trading is subject to different fees and commissions, mainly based on asset classes, transaction volumes, and frequency. However, the broker waivers minimum account deposits, checking, domestic wire transfers, and monthly inactivity fees. Target Trading also exempts traders from paying any commissions on stock trades. Nevertheless, you should always check their comprehensive fee schedule before placing any orders since the commissions may change.
Are My Investments Safe with Target Trading?
Target Trading has implemented 2FA and biometric authentication across all its trading platforms. It also uses security questions to keep bad actors from user accounts. Besides, they provide insurance coverage for some asset classes. Overall, Target Trading is a safe online trading platform. Nevertheless, you may also want to consider extra security measures, such as cold storage options for crypto, to cushion your investments from potential external threats.
Disclaimer: This is a sponsored marketing content.
