4 Best Day Trading Platforms 2024

For this list, we have searched and tested several day trading platforms.

We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads.

We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.

We handpick the best day trading platform based on our trading data and experience as a trader.

What is Day Trading?

Day trading is the strategy that requires traders to buy and sell financial instruments within a day. Traders do not take delivery of the assets as the trades are closed within a single trading day.

Day trading is popular because of a few things:

• Leverage trading
• Short-term trading strategies

Day traders can make large profits with small capitals using trading strategies depending on the small price movements of the markets. Traders can use a small initial margin and receive leverages from brokers to take big positions on the markets.

Traders usually day trade on the foreign exchange (forex) and equities markets, where there is enough liquidity to close the trades quickly. However, short-duration trading is becoming popular in other markets like cryptocurrencies.

Some of the popular strategies used in day trading are:

📈Scalping	Open and closing of positions at a small time-frame
📉Swing trading	Traders are kept open for one day or more, but not for too long
📊Range trading	Trading with the price movement of assets within a price range
🖥Arbitrage	Making profits from price game of the same asset in different markets
💻High-frequency trading	Opening and closing trades within a fraction of seconds using computer algorithms

Day traders use a ton of other strategies, but the crux is the trades need to be closed before the closing of the market. 

Day traders are usually experts in their field. Though day trade is rewarding, it is risky as the positions can be liquidated on heavily leveraged positions if the market moves in the other direction.

Best Day Trading Platforms

To select the best day trading platforms, we tested and reviewed several forex brokers. We opened live accounts and deposited real money with each broker. We also placed real trades in popular markets to get the real picture of the fees, trading platform, deposits and withdrawals conditions, education, and customer service.

• XTB – Best Day Trading Platform Overall
• Robinhood – Best Day Trading Platform for Beginners
• TradeStation – Best Day Trading Platform for Experts
• Forex.com – Best Forex Day Trading Platform

Best Day Trading Platform Overall

We have picked XTB as the best day trading platform overall.

XTB is a market-leading platform for day trading. Its award-winning xStation 5 proprietary platform offers an excellent trading environment available both on desktop, web, and mobile as well.

When it comes to trading instruments, the platform is a one-stop-shop offering over 4,000 tradable instruments in forex, cryptocurrencies, indices, commodities, stocks and ETFs. It provides a wide range of analytical tools right in your pocket.

XTB’s fees are built into spreads and are mainly aligned with the industry average. XTB also offers MT4 in selected countries which is considered a market standard. Overall, XTB is best for its well-designed platforms packed with many innovative features and eye-catching customer support. The broker’s comprehensive educational materials and research tools enable both novice and experienced traders to hone their skills and improve their trading experience.

Best Day Trading Platform for Beginners

We have picked Robinhood as the best day trading platform for beginners.

Robinhood has tapped into a new bread of traders with its services: amateur traders. The platform is completely mobile-based and has a user-friendly interface.

Robinhood revolutionized the trading space with its zero-commission model, which also garnered a fair share of controversies. The platform offers trading services with US equities, options, gold and cryptocurrencies.

The brokerage platform is very popular among newbie investors but did not receive much attention from experts. No doubt the platform aces with its usability and low fees, but when it lacks good support for market data, which is a must for experts. The quotes on the platform are a bit delayed and it does not offer many market research tools.

Best Day Trading Platform for Experts

We have picked TradeStation as the best day trading platform for experts.

TradeStation is an excellent platform when it comes to experienced and active traders. It provides high-quality market data for research with fast execution speed. Additionally, the platform is known to be very stable with very little downtime.

TradeStation offers trading with a wide range of assets: stocks, ETFs, options, futures, cryptocurrencies, mutual funds and bonds. It provides excellent indicators and charting tools to its clienteles for research, along with advanced order types and algorithms.

However, the platform can be tough to navigate for beginners. There is a steep learning curve with TradeStation and the multiple pricing choices can also confuse amateur traders. Overall, it is a great platform for professionals, but not for beginners.

Best Forex DayTrading Platform

We have picked Forex.com as the best forex day trading platform for experts.

When it comes to trade currency pairs, Forex.com is the best platform. It is a part of GAIN Capital Holdings that is now owned by the StoneX Group.

Forex.com is authorized by the CFTC and NFA in the United States. The platform also holds other overseas regulatory licenses and has operates across the globe.

The platform lists 91 currency pairs and offers excellent indicators and charting tools. In addition to forex, the broker offers trading services with equities, commodities, indices, bonds, ETFs, industry sectors, cryptocurrencies, and commodities. The execution rate on the platform is also fast, and high-volume traders can also earn rebates on their trades.

Best Broker for Day Trading List

Apart from the shortlisted platforms, here is a complete list of brokers, which we have tested and reviewed.

Forex Broker	Test Details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
BlackBull Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Go Markets Review
ActivTrades	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
ICM Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
Tickmill	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
RoboMarkets (RoboForex)	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets (RoboForex) Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
FBS	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GKFX	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
IC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
FP Markets	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
AvaTrade	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
CMC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Axi (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	Axi (AxiTrader) Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review

FAQ and More on Day Trading Platforms

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to day trading platforms.

Best Trading Platform for Beginners

Many beginner traders are jumping into day trading lately. Though looks profitable, day trading is risky and traders need to educate themselves about the markets and trading techniques. Some of the best day trading platforms for beginners are:

• Robinhood
• TD Ameritrade
• Interactive Brokers

Stocks Day Trading Platforms

Day trading in the stocks has always remained popular due to the liquidity in the equities markets and the volatility triggered by company activities: let its results, merger and acquisitions, or big management moves. Some of the best stocks day trading platforms are:

• TD Ameritrade
• Charles Schwab
• E*Trade

Options Day Trading Platforms

Trading options are popular among day traders because of their high prospects of profitability. It is one of the preferred financial instruments as traders can hold on to them more than a single trading day. Some of the best options trading platforms are:

• Fidelity Investments
• TradeStation
• E*Trade

Cryptocurrency Day Trading Platforms

Trading cryptocurrencies have become very popular in the past few years mostly due to the volatility in the markets. Demand in the market also generates enough liquidity to find near instant buyers or sellers. Some of the popular regulated trading platforms for day trading with cryptocurrencies are:

• Coinbase
• TradeStation
• Kraken
• Gemini

Day Trading Platforms with Low Fees

Brokers charged high fees on day trading for years, but the trend has changed. Many disruptive brokers are now offering day trading services without any commissions. Some of the cheapest day trading platforms are:

• Robinhood
• Webull
• Firstrade

Best Day Trading Platforms UK

Day trading is popular around the world, including in the United Kingdom. The Financial Conduct Authority regulates the brokers offering any type of financial services in the country. Some of the best day trading platform for beginners UK are:

• Interactive Brokers
• IG Markets
• Saxo Markets

Day Trading Platforms in India

India is an emerging market, and demand for day trading is aggressively growing in the country. It also hosts one of the top ten stock exchanges in terms of market capitalization. Some of the Indian day trading platforms are:

• Zerodha
• Upstox
• ICICI Securities