Traders best daily trading platform to maximize profits through short-term trading must be able to execute orders quickly and accurately. They also need reliable customer service in case they experience technical issues or run into a problem that requires them to call or chat with someone immediately.
Speed, reliability, costs, and charting tools are some of the most important features that day traders value in a trading platform. The top day trading platforms combine strong performance in these categories with robust tools that allow traders to test and implement systematic strategies.
Unveiling the Best Daily Trading Platforms: A Comprehensive Comparison for Traders
IG provides competitive pricing across its platforms for stock and ETF trading in the UK. Its commissions for share trading fall to as little as PS3 per trade when you make regular use of the platform. Its intuitive and user-friendly web and mobile trading apps provide a streamlined investment experience. It also offers access to dozens of cryptocurrencies and IPOs and can be traded from a tax-efficient account in the U.K.
IBKR Lite is a great choice for beginner day traders as it does not charge commissions for trading stocks and ETFs. However, it does take payment for order flow—a controversial practice that some experienced day traders avoid. Its robust day trading platform includes backtesting, advanced orders, price ladder, and direct market routing through IBKR Pro.
Freetrade is a relatively new broker that has made a big impact in the industry in just a few years. Its platforms are surprisingly full-featured, especially for a discount broker. Users can choose a variety of trading instruments, including forex and CFDs. Its raw account has the best spreads of any platform we reviewed, while it does not have inactivity fees, deposit/withdrawal fees, or account management fees.