[Mika]

Investing is the only want to grow your money, and become financially stable. If you have never invested and want to invest, here's what you need to know:

1. Money: You need to have some cash to invest. You can save up or even borrow. Avoid interest bearing loans to make investment if you are investing first time
2. Risk: Figure out how much risk you're okay with. Then you can start investing. In other words, find out how much money you can lose without breaking your financial backbone. Only use money you can afford to lose. Don't gamble with your rent or grocery money.
3. Rule of Three: This means knowing how much loss you can handle, how long you can keep your investments, and how many different investments you have.
4. Diversify: Spread your investment on various assets instead of putting your entire funds in one asset.

Making money through investing and trading isn't just for people with a lot of money. Well, it is true that you need money for investment and trading, however, even when you don't have a lot of money, you can still invest and trade. Here are seven platforms for small investors and traders that you can also try with less than $20.

1. Robinhood: It's super popular with beginners because you can trade without paying any fees.
2. E-Trade: You can trade stocks, ETFs, futures and options for free. If you are completely new, you can access its resources to build your knowledge.
3. TD Ameritrade: Trade stocks, options, and more. The platform also provides information to help you make smart investment and trading choices.
4. WeBull: Trade various things like crypto and stocks. You get free stocks for promoting the platform
5. Fidelity: They offer lots of financial services like investing and planning.
6. Stash: A micro investment platform for people who wants to make a regular investment with small amount.
7. Acorn: A micro investment platform where you can start investing with as little as $5.

Remember, these platforms might not be available everywhere, therefore, check the availability. Some of these platforms also charges fees, so do some research before trying.

Note: I do not use any of the investment and trading platforms I have mentioned above. I have listed them here just for information purpose. I am not a financial advisor, so do your own research and choose a platform wisely. I invest in the local stock exchange through a brokerage account in a local bank, I do not use any international investment and trading platform.

[Fergal]

That's inspiring Mika. Of the seven platforms you listed, do you know of many true stores, who started on those with a small amount of money and did very well from them?

[SHAHID987]

This thread must be the result of hard work. Thanks for sharing, in my view if someone is interested in cryptocurrency then use these four legit exchanges. Binance, Kucoin, ByBit and OKX. I am using all these and till date getting good result out of it.

[Mika]

That's inspiring Mika. Of the seven platforms you listed, do you know of many true stores, who started on those with a small amount of money and did very well from them?

I have a couple of America friends who have used most of these platform. They are investing small and making good profits. Sadly, these programs are not available in my region.

This thread must be the result of hard work. Thanks for sharing, in my view if someone is interested in cryptocurrency then use these four legit exchanges. Binance, Kucoin, ByBit and OKX. I am using all these and till date getting good result out of it.

True. But the platforms I mentioned allow you to invest in crypto and stocks from the same platform