What is the best online broker for day trading?

Question

TD Ameritrade, E-Trade, ect.

Answer 1

They're all about the same. Just be sure you're getting a legitimate firm, not a scam. The way you do it is to look for members of well known regulatory agencies such as the National Futures Association (NFA), Commodities Futures Trading Commissions (CTFC), etc.

Answer 2

Interactive Brokers, dirt Cheap, poor platform, poor customer service.

ThinkOrSwim,  Best platform, great charting, great training, very good customer service, good pricing.

Terra Nova Trading, 3 platform offerings (best is RealTick), good customer dervice.

Tradestation, good platform, good reputation.

TD Ameritrade & E-Trade are not true "day trading" platforms.

Answer 3

Interactive brokers. Dirt cheap trades! Nice trading platform. Great execution.

Answer 4

All major brokerage firms provide on-line service to their clients and most have excellent trading platforms

If you are choosing between Ameritrade or E-Trade, E-Trade would be the least expensive, but TD Ameritrade would be the better of the two firms.

E-Trade deals with many amateur "traders" while Ameritrade would have the better clientele.

Although I currently deal with Fidelity, Scottrade & ThinkorSwim, if I were to add another firm it would be TD Ameritrade.

Answer 5

I have had no problems with Scottrade