Top UK Platforms for Day Trading
Top UK Platforms for Day Trading
Top UK platforms for day trading in the financial markets is a popular method of earning an income in the UK. Unlike traditional ‘buy and hold investing’, which requires a long-term commitment, day traders earn profit from speculating on short-term price movements. While this form of trading can seem simple, it involves a high degree of research and analysis to succeed, so the platform you choose to use must be easy to navigate and offer essential features like charting tools and real-time market data.
To make the best choice, look for FCA-regulated brokers with a range of account types that cater to different investment objectives. You should also assess fees, including commissions and costs for real-time market data. In addition, you should consider the amount of educational resources that each brokerage offers, such as blogs, videos, seminars and webinars.
AvaTrade is a popular choice for day traders in the UK thanks to its competitive pricing, comprehensive asset list and advanced technical platforms. The broker allows CFD trades on forex, indices, commodities and shares, as well as 1:200 leverage for professionals. Its charting tools include a wide range of technical indicators, drawing features and a selection of timeframes that cater to short-term trading strategies. AvaTrade also provides push notifications that keep traders updated on market developments and their account activity.
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Hargreaves Lansdown is another well-known trading platform that’s regulated by the FCA and offers an extensive range of assets and products. Its advanced platforms allow for CFD trades on forex, indices, shares and cryptocurrencies, and its mobile apps enable users to manage their Watchlists and set alerts on the go.…