Best UK Platforms For Day TradingBest UK Platforms For Day Trading
The United Kingdom is home to one of the largest economies in the world and an established hub for finance. As such, it’s no surprise that there are many UK-based platforms geared towards day trading, which involves buying and selling financial instruments to profit from short-term market movements.URL :theinvestorscentre.co.uk
These online investing platforms can offer a variety of benefits to UK traders, including real-time market data, customizable alerts, and a range of technical analysis tools. They also provide easy access to global markets and a variety of trading instruments, from stocks and ETFs to Forex, commodities, cryptocurrencies, and NFTs.
Top-Rated Day Trading Platforms for UK Investors
Some UK platforms are particularly suited for day trading, such as IG. This broker offers low share trading fees, with UK shares costing PS8 per trade, and US stocks at PS10 (though this is lower if you make more than three trades a month). It’s also regulated by the FCA, which helps ensure a credible trading environment.
Meanwhile, eToro provides a streamlined, user-friendly platform with a variety of trading options, including Forex and CFDs. Its eToro ProCharts app delivers professional-grade technical analysis, while its social and copy trading apps, like ZuluTrade and DupliTrade, let you follow and replicate the strategies of other traders, and learn from them. It’s free to open an account, and all registered users get a US$100,000 demo account for practice. However, the site only accepts deposits and withdrawals in USD, which can add to the overall trading costs.…