> For the complete documentation index, see [llms.txt](https://docs.tradinglab.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tradinglab.ai/trading-tips/recommended-brokers.md).

# Recommended Brokers

There are numerous brokers, certain ones specializing in stocks, others on forex and crypto. Below is a list of brokers that we recommend to our users.

## Forex

### [HankoTrade](https://login.hankotrade.com/register?franchiseLead=MjQxNg==)

![](https://3248255196-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvlAXcFRe66TbFkbvhRdj%2Fuploads%2FNFxx1S3kjfFwO1nyaUTF%2Fimage.png?alt=media\&token=005555a6-4e1e-40c0-85d9-f5f9bc321da7)

HankoTrade has extremely low fees and costs compared to other Forex brokers. They also have a great support team. They also do a 100% matching bonus for whenever you first deposit. Great choice if you need a Forex broker.

## Crypto

### [ByBit](https://partner.bybit.com/b/TradingLab)

![](https://3248255196-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvlAXcFRe66TbFkbvhRdj%2Fuploads%2FHzhCqfaOkoPy2aGUocvF%2Fimage.png?alt=media\&token=68d54b73-39b9-4e09-855f-1d4e230ff5ea)

If you are from one of the allowed countries, ByBit is a great choice. They have low fees, big selection of coins to choose from, and they have a lot of bonuses for signing up. 

### [Kraken](https://kraken.pxf.io/c/3466491/687155/10583)

<figure><img src="https://3248255196-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvlAXcFRe66TbFkbvhRdj%2Fuploads%2F9iOkMUHSBcPtUc2bHLru%2Fkraken-vector-logo.png?alt=media&amp;token=cd454bc6-30ef-4640-948c-57017d37a150" alt=""><figcaption></figcaption></figure>

If you are from the United States, Kraken is a great choice. They have a pretty decent selection of coins. The one downside is that they don't offer margin.

## Stocks

### [Webull](https://a.webull.com/i/TradingLab)

![](https://3248255196-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvlAXcFRe66TbFkbvhRdj%2Fuploads%2FvXnOU2iqf4WQ3EjkBIwx%2Fimage.png?alt=media\&token=fd64362c-551e-4acc-baa4-67b0a93800c3)

Webull has a great user-friendly platform. You also get $34 in FREE stock if you deposit $100 or more.

### [Charles Schwab](https://www.schwab.com/client-referral?refrid=REFERAAPF7ZPN)

<figure><img src="https://3248255196-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvlAXcFRe66TbFkbvhRdj%2Fuploads%2Fh9HcGcO3dzsNQMv5DXGp%2FCharles_Schwab_Corporation_logo.svg.png?alt=media&amp;token=3a492004-3e5d-4e20-90ed-152fdbb88edd" alt=""><figcaption></figcaption></figure>

I've used Charles Schwab before and actually liked it a lot. They have a really great user-friendly trading portal and you can also get level II data for free.&#x20;