5 Best Day Trading Platforms in (2019)

Interested in Daytrading? ✔ Low Spreads, ✔ Fast execution & ✔ Customer Support are essential features for Day Trading. Our experts have compiled & researched the Best CFD brokers in 2019

Best CFD trading platform for UK traders, Award winning xStation5 trading platform
4.6
Rating Score
Spread
Eur/Usd

2

Spread Type
  • blue TickFixed
  • blue TickVariable
Account Type
  • blue TickDemo
  • - Micro Account
  • blue TickStandard
Platforms
  • blue TickMetaTrader 4
  • blue TickMetaTrader 5
  • blue TickApp & Tablets
Fees
  • -Deposit Fee
  • -Withdrawal Fee
  • -Inactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • - Futures
  • blue TickIndices
  • blue TickMetals
  • blue TickStock
  • blue TickCFDs
  • -Options
  • -Social Trading
  • Risk Warning: CFDs are leveraged products & 73% of traders lose money when trading CFDs.

    Trust Rating

    A

    Min Deposit

    £250

    Max Leverage

    200:1

    Competetive Spreads
    Customer Support
    Security & Regulation
    best metatrader broker platform, awarded the Best FX broker in Europe 2018
    4.6
    Rating Score
    Spread
    Eur/Usd

    1.6

    Spread Type
    • - Fixed
    • blue TickVariable
    Account Type
    • blue TickDemo
    • blue TickMicro
    • blue TickStandard
    Platforms
    • blue TickMetaTrader 4
    • blue TickMetaTrader 5
    • blue TickApp & Tablets
    Fees
    • -Deposit Fee
    • -Withdrawal Fee
    • -Inactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • - Futures
  • blue TickIndices
  • blue TickMetals
  • blue TickStock
  • blue TickCFDs
  • -Options
  • -Social Trading
  • Risk Warning: 69.45% of retail investor accounts lose money when trading CFDs with this provider. 

    Trust Rating

    A

    Min Deposit

    £50

    Max Leverage

    30:1

    Competetive Spreads
    Customer Support
    Security & Regulation
    Best trading platform for beginners
    4.6
    Rating Score
    Spread
    Eur/Usd

    1.5

    Spread Type
    • blue TickFixed
    • blue TickVariable
    Account Type
    • blue TickDemo
    • blue TickMicro
    • blue TickStandard
    Platforms
    • blue TickMetaTrader 4
    • blue TickMetaTrader 5
    • blue TickApp & Tablets
    Fees
    • -Deposit Fee
    • -Withdrawal Fee
    • -Inactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • - Futures
  • blue TickIndices
  • blue TickMetals
  • blue TickStock
  • blue TickCFDs
  • blue TickOptions
  • -Social Trading
  • Risk Warning: 71% of retail investor accounts lose money when trading CFDs with this provider.

    Trust Rating

    A

    Min Deposit

    £100

    Max Leverage

    30:1

    Competetive Spreads
    Customer Support
    Security & Regulation
    Award winning Top Australian CFD broker for Best Customer Service and Lowest Spreads
    4.4
    Rating Score
    Spread
    Eur/Usd

    1.2

    Spread Type
    • blue TickFixed
    • blue TickVariable
    Account Type
    • blue TickDemo
    • - Micro Account
    • blue TickStandard
    Platforms
    • blue TickMetaTrader 4
    • blue TickMetaTrader 5
    • blue TickApp & Tablets
    Fees
    • -Deposit Fee
    • -Withdrawal Fee
    • -Inactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • blue TickFutures
  • blue TickIndices
  • blue TickMetals
  • - Stock
  • blue TickCFDs
  • -Options
  • -Social Trading
  • Risk Warning: 78% of retail investor accounts lose money when trading CFDs with this provider.

    Trust Rating

    A

    Min Deposit

    £200

    Max Leverage

    30:1

    Competetive Spreads
    Customer Support
    Security & Regulation
    No.1 Spread Betting Broker for UK Traders
    4.4
    Rating Score
    Spread
    Eur/Usd

    0.69

    Spread Type
    • blue TickFixed
    • blue TickVariable
    Account Type
    • blue TickDemo
    • blue TickMicro
    • blue TickStandard
    Platforms
    • blue TickMetaTrader 4
    • - MetaTrader 5
    • blue TickApp & Tablets
    Fees
    • -Deposit Fee
    • -Withdrawal Fee
    • blue TickInactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • blue TickFutures
  • blue TickIndices
  • blue TickMetals
  • blue TickStock
  • blue TickCFDs
  • -Options
  • -Social Trading
  • Risk Warning: 73% of retail investor accounts lose money when trading CFDs with this provider.

    Trust Rating

    A+

    Min Deposit

    £100

    Max Leverage

    33:1

    Competetive Spreads
    Customer Support
    Security & Regulation
    Best Australian ECN broker with spreads starting from 0.0 pips
    4.4
    Rating Score
    Spread
    Eur/Usd

    1.1

    Spread Type
    • blue TickFixed
    • blue TickVariable
    Account Type
    • blue TickDemo
    • - Micro Account
    • blue TickStandard
    Platforms
    • blue TickMetaTrader 4
    • - MetaTrader 5
    • - Android App & Tablets
    Fees
    • blue TickDeposit Fee
    • -Withdrawal Fee
    • -Inactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • blue TickFutures
  • blue TickIndices
  • - Metals
  • - Stock
  • blue TickCFDs
  • -Options
  • -Social Trading
  • Risk Warning: Retail investor accounts lose money when trading CFDs with this provider. 

    Trust Rating

    A-

    Min Deposit

    £200

    Max Leverage

    500:1

    Competetive Spreads
    Customer Support
    Security & Regulation
    Awarded "most innovative FX broker of 2018", offers features like 'deal cancellation'
    4.3
    Rating Score
    Spread
    Eur/Usd

    1

    Spread Type
    • blue TickFixed
    • - Variable
    Account Type
    • blue TickDemo
    • blue TickMicro
    • blue TickStandard
    Platforms
    • blue TickMetaTrader 4
    • blue TickMetaTrader 5
    • blue TickApp & Tablets
    Fees
    • -Deposit Fee
    • -Withdrawal Fee
    • -Inactivity Fee

  • blue TickCommodities
  • blue TickCryptocurrency
  • blue TickForex
  • - Futures
  • blue TickIndices
  • blue TickMetals
  • - Stock
  • blue TickCFDs
  • -Options
  • -Social Trading
  • Risk Warning: 85% of retail investor accounts lose money when trading CFDs with this provider.

    Trust Rating

    A-

    Min Deposit

    £100

    Max Leverage

    30:1

    Competetive Spreads
    Customer Support
    Security & Regulation

    5 Best Day Trading Platforms in (2019)

    Day Trading: Essential Broker Features That Day Traders Need To Know About

    Most of the people who enter the world of Forex, Stock, Indices & Commodities trading need to be introduced to the different concepts that surround the world of trading. They need to know about making investments in different financial markets and how that is going to benefit them in the short and the long-term. 


    Here we are going to discuss one such trading method that has been circling in the world of trading for a very long time. We are going to talk about day trading and the essential features that it requires. 


    What Is Day Trading? 


    When it comes to the definition of day trading, it can be stated that it is basically a particular trading style in which the positions and investments are entered and then taken out on the exact same day. There are different trading styles and we shall be discussing them as well. However, what you need to know is that the day trading is different from the swing and position trading where the trader will be able to hold the positions more than one night. 


    The trades will be positively closed when the trading session comes to an end with the help of a time exit, profit target, and stop loss. This can also be called as the exit that happens right at the day ending. The main job of the day traders would be to make sure that they are properly able to use the technical analysis in order to search, find, and then exploit the intraday fluctuations in the prices. These traders will take the help of the price charts of the day in order to find out the results which tick, minute, and volume based intervals in charting. 


    Since the day trading investments and trades are just held for a little period of time such as hours and minutes, it is pretty uncommon to have the large priced moves in day trading. For someone who will be satisfied with the small profits in order to have their gains, this trading style is optimal. In order to leverage the power of buying, the day traders will be allowed to have a trade within a particular margin. 


    There is no doubt about the fact that day trading is a job that goes full-time since all the trades and the positions need to be in a constant state of monitoring. The traders will have to be notified in case there are any particular interruptions that happen in the chain of technology. Let us provide you with an example for better understanding. A loss on the internet connection can interrupt the chain of technology along with some other trading platform issues as well. So, it is imperative that the positions are always monitored in case any such problems arise. 

     


    Different Trading Styles That Are Essential 


    There are many different trading styles that the traders need to know about and all of these are completely different from one another. Here we are mentioning some of them. 

    • Day Trading: The time frame Day trading is short term and the positions are for a day only and there are no positions overnight. 
    • Swing Trading: The time frame of swing trading is also short term but the positions are held for days to sometimes weeks.
    • Position Trading: It has got a long-term time frame and the positions are held for months and in certain cases years as well. 
    • Scalp Trading: This one is a very short-term trading style and the positions with this trading style are just held for seconds and sometimes minutes. So, there is no question of overnight positions here. 
      XTB XM Broker Pepperstone
    Trust Rating A A A
    Office Headquarter London,UK London,UK Melbourne, Australia
    Min. Account Deposit £250 £100 £150
    Client Accounts Segregated
    Leverage (Beginner & Pro) 30:1 (Beginners), 200:1 (Professional Account) 30:1 (Beginners), 500:1 (Professional Account) 30:1 (Beginners), 500:1 (Professional Account)
    Platforms Offered MT4, MT5, WebTrader, Mobile App & Tablet MT4, MT5, Mobile App & Tablets MT4, MT5, WebTrader, cTrader, Mobile App & Tablet
    Best Account for DayTrading? XTB Pro Account XM Zero Account Pepperstone Razor Account
    Ways To Trade CFDs CFDs CFDs
    Max Positions 100 200 100
    Guaranteed Stop Loss
    One-Click Trading
    Negative Balance Protection
    Why Choose Us?
    • 5-star Rating on Trust Pilot
    • Client funds in segregated accounts
    • Competitive Fixed & Variable Spreads
    • Popular- Over 1,000,000 users
    • Client funds in segregated accounts
    • No Re-quotes and No Rejections
    • Spreads offered from 0.0 pips
    • Regulated by FCA & ASIC
    • Award Winning Customer Support
    Reviews Read In-Depth Review Read In-Depth Review Read In-Depth Review
     

     

    Understanding The Difference Between Swing Trading And Day Trading 

    When it comes to the difference between swing trading and day trading, there can be many. Here are some of the differences mentioned below. 

    Time Commitment 


    There is a huge requirement of time commitment when we talk about day trading. The positions in day trading are changed within minutes and hence need to be constantly monitored all the time. The time frames in swing trading are not that short and hence can provide a favorable position to the trader. 

    Startup Cost 


    The day traders always compete with traders that have a high-frequency and hedge funds too. So, the start-up costs with day trading are a bit high. Compared to that, swing trading can be done perfectly on a particular individual basis and hence do not require more costs. 


    Stress 


    Day trading can be a bit stressful since there is a need for the constant monitoring of the positions. Compared to that, the swing trading style can be a little less stressful for the traders. 


    Day Trading: Key Points


    Here we are mentioning some of the features that the traders need about day trading which will help them in getting an idea about the trading style. 


    Constant Monitoring 


    One of the most important features about day trading is that the positions are changed in a matter of minutes. So, there is a need for constant monitoring of these changes in the position in case something goes wrong. So, the day trader will have to be ever-present till the closing of the trade.


    No Overnight Positions 


    The time frame followed by the Day trading style is short term. So, that means the trades that are attained by the style remain there for a single day. As such, there are no overnight positions that are held when it comes to the day trading options. 


    No Rollover Interest


    There is a rollover interest that is assigned to the trades that are held over a single night. Since the positions in day trading are not overnight, there is no additional rollover interest that is attached to these trades. 


    That is all there is to know about day trading and the essential features that accompany it. Day trading is an exceptionally easy and fast method of making profits with the help of short-term trades. With proper understanding about this trading style, the traders can make profits with some small gains every single day. 

     

    What Broker Features Are Advantageous For Day Trading
     

    Negative Balance Protection

     

    This feature protects a trader from entering into a negative trading balance. Every broker sets a margin call which means you are restricted to a maximum lots size you can possibly trade. Forex trading is highly leveraged trading and the market is very volatile therefore sometimes a losing trade can exceed risk or stop levels meaning you lose beyond deposit levels. A negative balance protection is useful when a trader leverages more on their trades relative to their account size.

     

    One-click Trading

     

    This feature is necessary for executing a trade with a single mouse click without the hassle of opening other windows. As we know trading entry opportunities come and go within seconds so it’s very handy to have this feature. This is very helpful for trader that look form short-term opportunities i.e. Scalp traders or ‘Scalping’. Many brokers have their own online versions of trading terminals (also known as webtrader) like XTB’s xStation. Although this feature is available on Metatrader4  but it has be downloaded as a plugin.

     

    Guaranteed Stop Loss

     

    Sometimes trades may go beyond a stop loss price by a couple of pips (percentage in points) thus increasing your loss. Brokers refer this as ‘slippage’ and it mostly occurs during times of high volatility. Brokers such as XTB and Plus500 have the guaranteed stop loss which enables traders to be certain of knowing that a trade will terminate at the Stop loss price level.

     

    Top Three Featured Brokers

    Best CFD trading platform for UK traders, Award winning xStation5 trading platform
    4.3
    Rating Score
    With more than 14 years’ experience, XTB is one of the largest stock exchange-listed FX & CFD brokers in the world. They have offices in over 13 countries including UK, Poland, Germany, France and Turkey. XTB is also regulated by the world's biggest supervision authoriti... Read more

    best metatrader broker platform, awarded the Best FX broker in Europe 2018
    4.3
    Rating Score
    XM review is one of few brokers that have over 1 million clients registered. They are regulated by the FCA (Financial Conduct Authority) and are well known for fast order execution and have stats recorded to executed over 150 million orders executed with zero requotes. Thi... Read more

    Best trading platform for beginners
    4.3
    Rating Score
    AvaTrade is one of the leading Brokers today offering great platform for trading CFDs, Forex, Cyptocurrencies & Options. It has been established over 10 years since 2006 with a resource of 200+ instruments on offer. It’s one of few broker that offers up to eight differen... Read more

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