Stock Market-- How to Invest and Trade in the Stock Market Like a Pro by Andrew Johnson

Author:Andrew Johnson
Language: eng
Format: epub
Tags: stock market, stock market investing for beginners, stock market for dummies, stock market investing
Publisher: Andrew Johnson
Published: 2017-08-09T04:00:00+00:00

Chapter 6: The Best Platforms for Day Traders

When starting with day trading, it is important to have the right tools. If you have the wrong broker or get started with the wrong platform, you are setting yourself up for failure from the beginning. Checking out a few different platforms will make it easier for you to start out right, helps you to avoid some of the fees that are common with some of the lower quality platforms, and can increase your money earning potential.

There are several things that you can consider when picking out a platform. The first thing to look at is the reputation of the platform, asking questions about how well they help other investors make money or if there happens to be a lot of complaints against poor customer service and high fees with this particular company. A smart investor also needs to look at the benefits that each platform brings, such as the fee structure, what types of trading they allow, and whether you get along with the broker or not before picking out the platform that you want to use.

Luckily, there are many great financial platforms you can choose to work with so you have options and can shop around to find some of the best platforms to increase your earnings.

Financial brokers in the United States

If you are working on day trading in the United States, there are many financial brokers you can choose. With that being said, there are some brokers who are able to stand above the rest of the advisors and firms based on their ease of use, knowledge about the market, and their performance. As a beginner, it may be a good idea to start with one of the following companies to help out with your day trading:

TD Ameritrade

Fidelity

Charles Schwab

E-Trade

Merrill Edge

Scottrade

TradeKing

OptionsHouse

TradeStation

Capital One Investing

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