Best Brokers that allow exposure to S&P500?

Discussion in 'Trading' started by Stonker999, Feb 12, 2024.

  1. Hello,

    I want to ask if someone can give me advice about this? I intend to benefit from the market bull. The exposure can be in the form of indexes, ETFs or potentially futures and options.

    My goal is to find regulated brokers that allow the following:

    The Maximum leverage possible
    Smallest minimum deposit
    Low fees and (Entry/Exit fees and slippage) (Deposit + Withdrawal)
    Negative account protection (Optional)


    I know proper risk management so even if I use huge leverage, I will be using very small amounts of USD according to the leverage I'll be using.

    I didn't mention that brokers should be regulated because there are some good famous unregulated brokers (they are very rare).


    Thank you
     
    Last edited: Feb 12, 2024
    murray t turtle likes this.
  2. ZBZB

    ZBZB

    Trade in a regulated brokerage account on a regulated exchange. Try www.ibkr.com
     
    David's faith likes this.
  3. MarkBrown

    MarkBrown

    short signal op has announced he intends to go long ....
     
  4. %%
    SCWH + IBKR are among the best;
    i have no idea what minimums are , subject to change anyway.
    Less max leverage is better/ so less is better
     
    Stonker999 likes this.
  5. Minimums shouldn't be more than 50USD.. I'm not sure if such things exist in stocks like forex. This is why I am considering derivatives..
     
    murray t turtle likes this.
  6. jeb9999

    jeb9999

    You don't appear to realize that "The Maximum leverage possible Smallest minimum deposit" is the exact best way to blow up your account.

    Out of the money 0DTE index/ETF options match your request and are available at any stock broker.
     
    Stonker999 and MarkBrown like this.
  7. tony.m

    tony.m

    If you start with $50, a person with your level of trading experience should be able to make 5% profit per day. By this time next year you should have $3,067
     
  8. ajacobson

    ajacobson

    Public - if you believe their press - is clearly the cheapest for SPY or other ETF options. SPX and ES are still pricey. Another thing to consider for SPY is the PDT restrictions.
     
  9. kroxobor

    kroxobor

    You can try CFD contracts basically you get access to US and EU indices with all features including dividends and relatively big leverage.
     
    Stonker999 likes this.
  10. What are your broker suggestions?
     
    #10     Feb 13, 2024