What are the different day trading platforms?

Day Trading Platforms Comparison Popular day trading platform tools include ladder trading, level II quotes, trade hot keys, direct market routing, stock alerts, streaming time & sales, customizable watch lists, and backtesting, among many others. Below you can find a trading platform comparison table of common tools and features.

What do you want in a brokerage and online trading platform?

If you’re a day trader (or an aspiring day trader), you probably have a good idea of what you want in a brokerage and online trading platform: low costs, premium research, innovative strategy tools and a comprehensive trading platform. But how to the online brokers stack up when it comes to meeting those needs?

What is a pattern day trader?

One note before you begin: Pattern day traders — as defined by the SEC — must have at least $25,000 in equity in their accounts and be approved for margin trading, regardless of whether their broker’s account minimum is lower. » New to this world? Learn the basics with our guide to how day trading works.

What is day trading and how does it work?

Day trading involves having fast reaction times and the discipline to take profits or losses appropriately, no matter whether you choose to trade forex, stocks, cryptocurrencies or commodity futures. Your choice of broker and their supported online trading platforms can impact how efficiently you can day trade and perform market analysis.