Online trading

Best Online Trading Platforms for Day Traders


The best day trading platforms in the UAE are: Fidelity, TradeStation, TD Ameritrade, interactive brokers, and e-commerce. Fidelity has simple platforms with the best order execution. TradeStation uses the best platform technology. Interactive Brokers offers the best day trading platform for professionals.

Each broker has strengths and weaknesses. This article discusses the best day trading platforms in the UAE.

5 Best Day Trading Platforms in UAE:

  • loyalty has an excellent platform with the best order execution.
  • TradeStation has the best platform technology.
  • TD Ameritrade has the best desktop platform for day trading.
  • Interactive Brokers has the best day trading platform for professionals.
  • e-commerce has the best online day trading platform.
RANK BROKER GENERAL PLATFORM SCORE BEST FOR WEBSITE
#1 loyalty Excellent platform 4.7/5 Better order execution Official site
#2 TradeStation Outstanding learning tools and materials 3.7/5 Better platform technology Official site
#3 TD Ameritrade Many videos and tutorials 4.7/5 Best Desktop Platform Official site
#4 Interactive brokers Premium services and tools 4.9/5 Ideal for professionals Official site
#5 e-commerce Beginner-friendly apps and research tools 4.5/5 Best Web Platform Official site

TOP 5 day trading platforms in the overview:

01 Loyalty: Better execution of orders

Fidelity is a leading online brokerage with a competitive fee structure. It offers a state-of-the-art platform with one of the best order executions. Fidelity offers useful research and learning tools.

This broker has top-tier licenses from FINRA and SEC. Its platforms are secure and offer access to the best day trading services.


02 TradeStation: Best Platform Technology

TradeStation is a technology leader with some of the best day trading platforms. It offers stock and ETF trading at $0. TradeStation offers many account levels to suit all trading styles.

This broker offers three trading platforms suitable for day trading. It has an industry-leading desktop platform with great learning tools and materials.


03 TD Ameritrade: Best desktop platform for day trading

TD Ameritrade is a popular online broker with a dedicated learning center. It has simple platforms for day trading investors.

This broker offers two mobile apps and a desktop platform. All of its platforms are customizable and offer easy access to numerous trading tools. TD Ameritrade is a top choice for new traders as it offers many videos and tutorials.


04 Interactive Brokers: Best day trading platform for professionals

Interactive Brokers is a leading provider of premium services and tools. It has many research and learning tools for experienced investors.

This broker offers a premium day trading experience. It contains market data, charts and many other tools. Interactive Brokers uses high-end technology to provide the best trading experience.


05 eTrade: the best day trading web platform

eTrade has many proprietary platforms, including two mobile apps, a website, and a desktop platform. It is an excellent choice for day trading for beginners and professionals.

eTrade offers access to beginner-friendly apps and research tools. It has many trading tools including watchlists and market research. eTrade offers the best online day trading platform.


What is day trading?

Day trading describes the activity of investors buying and selling in the market throughout the day. They close all their trades at the end of the day. The idea behind this concept is to start the day without any open trades and trade quickly during the day.

Day trading requires a professional platform and app to support an active trading style and the right strategy. Online brokers offer versatile platforms for investors of all experience levels. Read our in-depth reviews to learn more about brokerage firms and day trading platforms.

How did we select the best trading platform for day trading?

Choosing a day trading broker is simple if you use specific criteria. Our in-depth reviews offer valuable information on the best day trading brokers. This list is only relevant for day trading platforms and does not reflect our overall best selection.

  • Costs – Each brokerage firm has a particular fee structure. Some brokers have high fees, while others don’t charge much on trades. A common fee is the inactivity fee. Most online brokers charge additional fees for inactive accounts. Check out our in-depth reviews to learn more about brokerage firms and commissions.
  • Regulation – A secure online broker offers a premium trading experience. Top-level licenses ensure that a broker follows specific security measures and rules. Read our in-depth reviews to learn more about top online brokers and licenses.
  • Customer service – Customer support is an important aspect of e-commerce. Fast and competent customer service is more than necessary. Before selecting a brokerage firm, you should check their customer support channels.
  • Funding – Depositing funds into a brokerage account should be simple and transparent. Each online broker has its own deposit and withdrawal methods. Check out our in-depth reviews to learn more about online brokers and financing.

Related: best day trading platforms for cryptocurrencies

final verdict

Fidelity, TradeStation, TD Ameritrade, interactive brokers, and e-commerce are the best day trading platforms. Fidelity has the best order execution and simple platforms. TradeStation is a great choice for casual and active traders. TD Ameritrade is an industry leader in trading platforms and educational tools.

FAQs

We review day trading platforms with real accounts and money. Our results depend on 105 criteria, including ease of use and functionality.

Is day trading legal?

In the United States, day trading is legal. You must have a minimum account balance of $25,000. Read our in-depth reviews for more information on day trading and fees.

Is day trading risky?

Day trading involves actively buying and selling stocks during the day using margin. It’s inherently risky. Check out our detailed reviews to learn more about online brokers and day trading services.

Can you start day trading with less than $25,000?

The answer to this question depends on your jurisdiction. FINRA issues the $25,000 limit and all brokerage firms must enforce it in the United States. Based on the broker’s minimum account, you may be able to trade at a price well below that.


Methodology

Business24-7’s mission is to provide comprehensive, unbiased ratings and reviews of online vendors. User experience, mobile experience, customer service, costs and fees, security, quality of trade executions, products available on their platforms are all part of our semi-annual assessment of a vendor’s platform. The rating scale was based on thousands of data points which were weighted in the rating system.

Vendors were also required to complete a multi-point survey regarding all aspects of their platform. In-person demos and reviews were provided by the majority of the online vendors we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology to classify the form used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies we review may pay us when you click on links on this website. Click below to learn more about our review process and methodology.

Disclosure

All trading involves risk. Over 80% of investors lose in spread betting and CFD trading. As these complex instruments allow the use of leverage, there is a high risk of losing more money than you deposited. Before trying to participate in spread bets and CFDs, assess whether you understand them well and whether you can afford to lose your money.