Access to a wide range of investment options, including stocks, ETFs, and cryptocurrencies, allowing for diversified portfolio building.

Low or zero commission trading, which can reduce overall investment costs and make it more accessible for beginners.

User-friendly platforms with educational resources and tools that cater to both novice and experienced investors.

Limited personalized advice and support compared to full-service brokers, which may leave inexperienced investors feeling overwhelmed.

Potential for high volatility and risk, especially in forex and cryptocurrency markets, which may not be suitable for all investors.

Some platforms may have complex fee structures or hidden charges that could affect overall returns, making it essential for investors to read the fine print.