Trading is a skill that takes practice, and it can also be risky. To minimize risk, day traders must carefully select their primary tool: a trading platform. The best trading apps are reliable and feature robust tools that can help them optimize their strategies. They may also offer lower margin rates or allow them to trade over 90 worldwide exchanges, allowing you to practice your strategy before investing real money.
The day trading apps come in different forms, from desktops that are powerhouses at your desk to mobile apps that fit in your pocket. Some offer a smorgasbord of features, including advanced charting tools and direct market access. Others focus on specific types of investors, such as day traders.
Top Day Trading Apps for Trading on the Go
In our analysis, TD Ameritrade Pro stood out for offering the features day traders value most. For example, it offers Level II quotes (available for a monthly fee), which give you a more in-depth view of the markets. And its Trader Workstation platform is loaded with tools, enabling you to customize your execution screen.
Webull is another broker that offers many of the features day traders value most, including a no-cost model and competitive margin rates. Its mobile app is easy to use, and it supports more than 50 technical indicators. And it’s one of the few brokers that provides access to hard-to-borrow stocks via its short locator service.