Today, stock trading is gaining massive popularity due to the ability to earn a greater profit within no time. However, since online trading can get a bit complicated, you need simplified digital tools that help you understand the gimmicks of stock trading.
For this, you can take help from user-friendly and profitable trading platforms and software. With the rise in demand, you have several software options to choose from. Take a look at these popular trading software platforms that most online brokers seek today.
Fidelity
From high-end research to top trading tools, this trading platform is one of the top choices for every online broker. Due to its active trading ability and intuitive user interface, you can consider this platform as a potential long-term option. Since it is available in both the app and website form, you can easily access it on the go.
With its $0 ETF and stock trades, you can save money on commissions and earn more profit. You can further save money on payment for order flow (PFOF) as this platform does not accept it. The site’s flagship desktop platform, Active Trader Pro, provides all the features that are needed to keep an active portfolio.
Robinhood
This mobile app is one of its kind and extremely simple to use. If you are a beginner and wish to start trading stocks from day 1, this platform is for you. However, with time, you may want to resort to some other platform that provides better trading features and tools.
The highlight of using this trading platform is that it charges zero commission and lets you trade stocks, cryptocurrency, and ETFs at no cost. Unlike most platforms, Robinhood keeps its users updated with its podcast and newsletter that are released on a timely basis. Since it is extremely simple to use, you can be productive and conduct the basic functions for everyday trading.
BlackBoxStocks
If you are looking for a trading platform that is easy to learn and helps you get going with the first use, this platform is an ideal choice for you. The program is based on a browsing experience and is extremely intuitive.
The user interface seems pleasant to look at and lets you access multiple features with ease. Some of the useful features that BlackBoxStocks offers are real-time quotes, stock screener, chat room, webinars, charts, and social media feeds, among several others. Look into this platform to get the best experience, right from the setup to actually trading stocks.
E*TRADE
This platform is known for its multiple features and the ability to access real-time and accurate data. This enables you to get information on the current market trends, best stock trades, and investment opportunities.
With steep commissions, you have the opportunity to earn a higher profit. However, you may have to pay a higher brokerage fee too. You can easily find ETFs that are free of commission. Other than this, this trading platform is ideal for every kind of online broker. You can also access the latest news about the trading market and learn new ways to invest from webinars.
TradingView
If you are looking for a platform that offers the best integration of features and top research, TradingView takes the cake. With top-charting tools and market analytics, you can completely rely on this platform to get information on the latest news and marketing trends to create an edge over your competitors.
From creating custom indicators from the beginning to modifying study codes, this platform has everything you need. You can also get economic data on both local and global levels. If you prefer creating communities, building your network, and increasing your reach, TradingView provides chat applications and forums that help you connect to fellow traders and learn from them.
TD Ameritrade
This platform is extremely user-friendly and preferred by both beginners and professionals. With multiple integrated features such as social sentiment tracking, 3rd party research, and some planning tools, this platform makes working easier for traders. Some of the best online brokers highly recommend this platform for newbies as it is easy to learn.
With an intuitive interface and in-depth analytical reports, TD Ameritrade truly deserves a rank in the list of top trading platforms of this year. The only major downside with this platform is that the margin rates can be a bit expensive. Nonetheless, if you are a day trader or a retirement saver, this platform is ideal for you.
These trading platforms are among the best available to date and super reliable for both beginners and professionals. From stocks to cryptocurrency, most of these platforms explain how to deal with online trading and will make you a pro in no time. By using one of these software programs, you can begin your online trading career today.
