A day trading platform is a software that offers real-time market data, real-time charts and technical analysis tools. It should also include a news feed and customizable alerts, so that traders can be informed about key market changes. It should also offer fast trade execution, low trading fees and a range of assets that can be traded. The best Australian day trading platforms should also be regulated and provide customer support via phone, email or live chat. More info https://theinvestorscentre.com/au/trading/best-day-trading-australia/
To begin trading, you will need to open an account with a broker that supports your currency. You will need to supply some personal details, as well as more general information about your investing style and experience. You will then need to deposit some cash, which you can usually do using a debit card or an online payment provider such as BPAY. You can then start executing and monitoring trades.
Best Day Trading Platforms in Australia: Fast Execution & Powerful Tools
Some of the best day trading platforms in Australia include Pepperstone, which is a forex and CFD broker regulated by ASIC. It offers a wide range of trading instruments, including forex pairs, commodities, cryptocurrencies, stock market indices and shares. It also provides a number of trading platforms, from the more basic MT4 to the advanced cTrader and DupliTrade. It also offers low spreads and commissions, as well as a negative balance protection policy.
Another top choice is City Index, which has a global trading platform with low latency and fast execution speeds. It also offers a large spectrum of technical indicators and charting tools, as well as direct share trading. It also has a comprehensive educational resources section and offers a range of different accounts, including an EDGE standard account that charges no commission for trades but has wider spreads, and an EDGE Razor account with narrower spreads but a US $3 commission per trade.…