In the investing and online trading space, multi-asset brokers have gained prominence as they offer traders and investors the ability to diversify their portfolios across various asset classes. So, whether you're a seasoned investor or just starting your investment journey, choosing the right multi-asset broker is crucial to maximizing your potential returns and achieving trading success in a diversified market.

By considering the range of tradable assets, trading platforms and tools, regulatory compliance, execution and trading costs, customer support, educational resources, and the broker's reputation, traders can make better informed decisions.

However, it is important to highlight that individual preferences and trading goals may vary, so it's quintessential to align one’s choice with their specific requirements. As such, by carefully evaluating these factors, traders can confidently choose a multi-asset broker that meets their needs and sets them on the path to achieving their financial goals.

Why should traders start prioritizing multi-asset brokers?

In the dynamic world of trading, the ability to diversify investments across multiple asset classes is a key strategy for managing risk and maximizing returns. This is where multi-asset brokers come into play, offering traders the opportunity to access a wide range of financial instruments as they provide significant advantages in that regard.

Diversification and Risk Management

One of the primary reasons traders should prioritize multi-asset brokers is the ability to diversify their portfolios. By investing in different asset classes, such as stocks, bonds, commodities, currencies, and more, traders can spread their risk and reduce the potential impact of market volatility on their investments. Diversification helps balance out losses and gains, providing a more stable and resilient portfolio.

Access to Multiple Markets

Brokers offer traders the advantage of accessing multiple markets through a single platform. This allows traders to take advantage of opportunities across different regions and asset classes, regardless of geographical barriers. By having a global reach, traders can tap into emerging markets, access specific industries, or benefit from currency fluctuations, thus expanding their investment horizons.

Flexibility and Adaptability

Market conditions are subject to change, and different asset classes perform differently under varying circumstances. By resorting to multi-asset brokers, traders can adapt to shifting market dynamics more effectively.

Risk Mitigation through Hedging

Providing traders with tools to hedge their positions, leads to effective risk management techniques. Hedging involves taking opposite positions in correlated assets, such as buying a put option on a stock to protect against potential losses. This strategy helps mitigate risk by offsetting potential losses in one asset class with gains in another. With access to diverse asset classes, traders can implement various hedging strategies to safeguard their investments against adverse market movements.

Cost Efficiency and Convenience

By going with multi-asset brokers, traders can enjoy cost efficiency and convenience. Rather than maintaining separate accounts with different brokers for each asset class, this type of broker allows for streamlined trading.

Traders can execute trades across multiple asset classes within a single platform, minimizing administrative tasks, and potentially reducing trading costs. Additionally, these types of brokers often provide integrated reporting and analysis tools, simplifying portfolio monitoring and performance evaluation.

What Are the Best Multi-Asset Brokers in 2024?

Exness

Exness has emerged as a prominent player in the industry. With its commitment to innovation, customer satisfaction, and a comprehensive range of tradable assets, Exness has garnered attention and established itself as a leading choice for traders across the globe.

And as traders continue to seek reliable and comprehensive multi-asset brokerage services, this broker consistently keeps demonstrating its capabilities and dedication to meet their evolving needs.

Exness provides traders with a diverse range of tradable assets across various classes, including forex, commodities, CFDs on crypto, indices, and stocks. This broad selection empowers traders to build diversified portfolios tailored to their individual investment goals and risk appetite. The availability of multiple asset classes ensures that traders can take advantage of various market opportunities and adapt their strategies to changing market conditions.

Moreover, Exness prioritizes transparency and ensures that traders receive fair and efficient trading conditions. Its competitive spreads, low commission rates, and rapid order execution, enables traders to optimize their trading strategies and potentially enhance their profitability to unprecedented levels.

The Exness brand is shared by several affiliated institutions offering multi-asset financial services, and which are licensed by CySEC (Cyprus), FCA (UK), FSA (Seychelles), FSC (BVI), CBCS (Curacao), FSCA (South Africa) and CMA (Kenya). Exness Cyprus and Exness UK offer B2B services only.

Exness’ Features:

· Regulation: CySEC, FCA, FSA, FSCA, CMA, FSC, CBCS

· Leverage: 1:20000 by default, 1:Unlimited if eligible

· Minimum spreads: from 0.0 pips (raw) /0.3 pips (standard)

· Minimum deposit: $10

· Instruments: Stocks, Forex, Metals, Cryptocurrencies, Indices, Energies

· Trading platforms on offer: Exness Trade App, MT4, MT5

· Customer Support: 24/7, multilingual

· Benefits: Instant withdrawals, outstanding transparency.

ThinkMarkets

ThinkMarkets is a premium multi-asset online brokerage with headquarters in London and Melbourne and hubs in the Asia-Pacific, Middle East and North Africa, Europe, and South America.

The brokerage provides quick and easy access to a wide range of markets including forex, CFDs on equities, cryptocurrencies, commodities, indices, futures and more. By delivering some of the most recognized trading solutions – the broker allows trading through the industry standard MetaTrader 4 (MT4), MetaTrader 5 (MT5) and its inhouse developed platform ThinkTrader.

ThinkMarkets also utilizes the latest technology to provide some of the most competitive pricing and execution speeds, delivering high quality service to traders throughout the entire trading journey.

The company maintains some of the most competitive trading conditions in the market including tight spreads, low to zero commissions and a variety of account types, tailored as per clients’ preferences and needs.

ThinkMarkets’ Features:

● Regulation: CySEC

● Leverage: Minimum 30:1, maximum up to 500:1 for forex

● Minimum spreads: 1 pips

● Minimum deposit: $0

● Instruments: Forex, indices, CFDs, crypto

● Trading platforms on offer: MT4, MT5, ThinkTrader

● Benefits: Low spreads, no barriers to start trading, all major platforms on offer

Interactive Brokers

Interactive Brokers is widely regarded as one of the top multi-asset brokers in the industry. With access to over 135 markets across the globe, this broker offers an extensive range of assets, including stocks, options, futures, and forex. Its trading platform provides advanced tools and features, enabling investors to conduct in-depth research and execute trades efficiently. Interactive Brokers also offers competitive pricing and low commissions, making it an attractive choice for both casual and professional traders.

IB also stands out for its competitive pricing structure. Traders benefit from low-cost trading, with access to highly competitive commission rates and tight spreads. This cost-effective approach allows traders to maximize their potential profits and manage their trading expenses efficiently.

Furthermore, Interactive Brokers offers a range of educational resources to support traders in their journey. The Traders' Academy provides comprehensive educational materials, including webinars, video tutorials, and courses, covering a wide range of topics from basic trading concepts to advanced strategies. These resources empower traders to enhance their knowledge and skills, ultimately improving their trading performance.

Interactive Brokers’ Features:

· Regulation: FCA, ASIC, MAS, US SEC, SIPC,

· Leverage: 1:100

· Minimum spreads: from 0.6pips

· Minimum deposit: $0

· Instruments: Stocks & ETFs, Forex, Bonds, Options, Futures, Warrants, CFD, Crypto, and other Structured Products

· Trading platforms on offer: IBKR Mobile, IBKR Global Trader, IBKR Impact, TWS.

· Customer Support: 24/5

· Benefits: Advanced trading platform with powerful research and analysis tools.

IG

With a rich history spanning over 45 years, IG has established itself as one of the most trusted and reputable names in the industry. Beyond facilitating trades, IG strives to foster a strong community and create a healthy trading environment, but what really sets them apart is their unwavering focus on investors and their commitment to enhancing the trading experience for each user.

IG provides access to a staggering selection of more than 18,000 global markets, ensuring that traders have a vast array of opportunities at their fingertips. The broker places great emphasis on reliable execution, ensuring that trades are executed efficiently and accurately.

To further support traders, IG boasts a team of global analysts who provide regular updates and valuable insights during trading sessions. This information-rich content equips traders with the knowledge they need to make informed trading decisions.

IG’s Features:

· Regulation: ASIC, JFSA, MAS, FMA, FINMA, CFTC

· Leverage: 1:50

· Minimum spreads: 0.8pips

· Minimum deposit: $0

· Instruments: ETFs, Forex, Options, CFD, Stocks and IPOs in some countries, Robo-advisory in UK

· Trading platforms on offer:

· Customer Support: 24/7

· Benefits: User-friendly trading platforms

eToro

eToro has revolutionized the world of online trading by introducing a unique social trading platform. The platform allows users to interact, follow, and even copy the trading strategies of successful traders.

This social aspect of trading creates a vibrant community where users can learn from each other, share insights, and collaborate. It's an excellent feature for both beginner traders looking to learn from experienced professionals and experienced traders seeking to diversify their trading strategies.

Another notable feature of eToro is its focus on user education. The broker provides an extensive range of educational resources to help traders enhance their knowledge and skills. The eToro Academy offers a wealth of educational materials, including video tutorials, webinars, and trading guides, catering to traders at different stages of their journey. This commitment to education ensures that users have the tools and knowledge to make informed trading decisions.

eToro’s Features:

· Regulation: FCA, ASIC, MiFID, CySEC

· Leverage: 1:30

· Minimum spreads: 1 pips

· Minimum deposit: $200

· Instruments: Stocks, ETFs & Indices, Currencies, Crypto assets, Commodities

· Trading platforms on offer: cTrader, Android+iOS, Windows+Mac OS

· Benefits: Copy trading, earning up to 2% management fee is possible

XTB

One of the key strengths of XTB is its extensive range of tradable assets. Traders have access to a wide array of financial instruments, including forex, indices, commodities, cryptocurrencies, and stocks from global markets.

XTB provides traders with a powerful and user-friendly trading platform known as xStation. This advanced platform offers an intuitive interface, customizable charting tools, real-time market data, and a variety of order types to suit different trading strategies.

Competitive pricing is another notable aspect of XTB's offering. The broker provides transparent and competitive spreads, ensuring cost-efficient trading. Traders can execute trades with tight spreads, enabling them to optimize their potential profits and manage their trading costs effectively.

Additionally, XTB's customer support is highly regarded for its responsiveness and professionalism. Traders can reach out to the support team via phone, email, or live chat, receiving prompt assistance for any queries or concerns they may have.

XTB’s Features:

· Regulation: FCA, CySEC

· Leverage: 1:500

· Minimum spreads: 0.5 pips

· Minimum deposit: $0

· Instruments: Forex, Indices, Cryptos, Stock CFDs, ETF CFDs, Commodities

· Trading platforms on offer: xStation, MT4

· Benefits: Active trader discounts

Conclusion

Overall, the best multi-asset brokers in 2024 have continually proved their capacity to meet investors' changing needs. These brokers have positioned themselves at the forefront of the industry by offering services and a trading experience above the competition.

This includes a diverse range of investment options, robust platforms, exceptional customer service, and a commitment to innovation, making them the preferred choice for investors.

FAQ

How to choose the best multi-asset broker? What should traders consider?

Selecting the best multi-asset broker is a crucial decision for traders seeking to diversify their portfolios and explore a wide range of financial instruments. With numerous options available in the market, it's important to identify the key factors that traders should consider when making their choice.

Why does the range of tradable assets matter?

A top consideration when selecting a multi-asset broker is the breadth and depth of tradable assets offered. A wide selection of assets empowers traders to build diversified portfolios and take advantage of various market opportunities.

Look for a broker that provides access to a diverse range of asset classes, including but not limited to stocks, commodities, forex, indices, bonds, and cryptocurrencies.

How important are a multi-asset broker’s trading platforms and tools?

A robust and user-friendly trading platform is essential for executing trades efficiently and conducting in-depth market analysis. Look for features such as real-time data, advanced charting capabilities, technical indicators, risk management tools, and customizable interfaces. Additionally, consider whether the broker supports desktop, web, and mobile platforms for convenient trading on the go.

How important is regulatory compliance?

Trust and security are paramount when choosing a multi-asset broker. Ensure that the broker is regulated by a reputable financial authority. Regulatory bodies impose strict standards, ensuring that brokers adhere to ethical practices, maintain segregated client funds, and provide a transparent trading environment.

Popular regulatory authorities include the Financial Conduct Authority (FCA), the Securities and Exchange Commission (SEC), and the Australian Securities and Investments Commission (ASIC).

Should traders worry too much about execution and trading costs?

Efficient order execution and competitive trading costs can significantly impact trading outcomes. Low-cost trading can contribute to maximizing profitability, especially for frequent traders.

As such, traders should look for a broker that offers fast and reliable order execution with minimal slippage. Additionally, they should consider the broker's fee structure, including spreads, commissions, and other charges.

Is customer support important when choosing a broker?

Quality customer support is vital, especially for new and experienced traders alike. Prompt assistance in resolving queries, technical issues, and account-related matters can enhance the overall trading experience.

Ensure that the broker provides responsive and knowledgeable customer support through various channels such as phone, email, and live chat.

When trying a broker, do educational resources matter?

Access to educational resources can empower traders to make informed decisions and improve their trading strategies. Consider whether the broker offers educational resources to support traders' knowledge and skill development.

Look for brokers that provide comprehensive educational materials, including tutorials, webinars, seminars, market analysis, and trading guides.

How much should reputation and user reviews weigh in on the decision of choosing a broker?

User reviews can provide insights into the broker's strengths and weaknesses, helping you make an informed decision. Research the reputation of the broker and read user reviews to gauge the experiences of other traders.

Look for brokers with a strong track record, positive feedback, and a solid reputation for customer satisfaction and reliability.