Best Day Trading Platforms - Best Options Trading Platform for 2023

If you want to enter the world of trading, you will definitely need a suitable broker that organizes your needs and directs you to the right path of investment, as day traders need to improve low costs and better profit, in addition to the possibility of correct use of all trading tools and strategies that professionals do.

daily trading

Day trading is all buying and selling operations in the forex markets within 24 hours only.

Usually, day traders are looking to make a lot of small deals in just one day in an attempt to get a small profit that suits them in each transaction while avoiding the risks of large deals, as these traders benefit from the movements of market price fluctuations and immediately buy and sell securities when Market stabilizes and profit from that process.

Here are the best options trading platform for 2023

Fidelity

The Fidelity Investments investment platform provides all the basic features of day trading well, as it provides the necessary tools that every trader needs, with the possibility of not paying any commission on the process of trading stocks and investment funds.

Interactive Brokers

The "Interactive Brokers" platform provides a lot of features to day traders, as it is a global trading platform that allows the possibility of obtaining large discounts if you are doing large trading volumes, after this broker deducts its basic commission, the platform then provides you with more than 200 services, half of which are free This is a feature that many investors like.

** Commissions here: $0.005 per share.

TradeStation

Trade Station is flexible and easy to use, and provides you with the use of a lot of technical indicators to define your own.

** Commissions in this platform: Free for the first 10,000 shares per trade, and after that $0.005 per share.

TD Ameritrade

This platform enables you to trade forex and futures contracts and also gives you access to more than 400 technical strategies, which after studying it well, you will have many tools that make you a professional trader.

** Commissions: $0.65 per contract.

E-Trade

" E*Trade " which is known as electronic trading, works well in all aspects of investment and trading, it only allows you to trade very quickly while providing the necessary technical studies to analyze your trading procedure.

** Commissions: $0 for stocks and ETFs.

Why should you use an online broker for trading?

The online broker enables you to trade much easier than the traditional use without experience and knowledge. Through the online broker you enjoy many advantages, the most important of which are:

• Immediate access: With your own broker, you will be able to access all your accounts at any time, whether for trading or to check the available balances and transfer funds as well.

• Trading without loss: Online brokers offer many trades and investments for free without any commission, through which you can trade stocks and investment funds without risk.

• Faster transactions: Day traders need to enter and exit several times per day and securely, so they need to deal professionally and this will only be done through a well-experienced broker.

• Choosing the best trading platform: After choosing the right broker for you via the Internet, you will then be able to identify the best good trading platform that suits your needs and your money in trading and also allows you to access the markets easily.

How much money do you need to start trading and investing

You do not need much if you do day trading infrequently, but if you want continuity you will need significantly more funds to complete your trade.

But in reality, you need more in your accounts to ensure that your trading privileges remain in good standing on the platform as this differs from one platform to another depending on its requirements.

*** plus 500 create account - investing 2023

advice

With the abundance of strategies in trading operations, the mainstay of the trader is commissions, that is, “ the amount of cost for each transaction ” Regardless of whether the transaction achieved the required or suffered a loss, the broker will get his share from you in all cases.

Therefore, all novice traders must save trading costs as much as possible, and they must also achieve a balance between the trading platforms that we explained above.. Good luck.