Best Trading Platform For Swing Traders


Written By: Ehsan Jahandarpour

best trading platform for swing traders

There are many different platforms out there for swing traders. You should take a look at the features and pricing before choosing one. Some of the top platforms are WeBull, Merrill Edge MarketPro, and Benzinga Pro. These are all excellent options, but it is important to find one that meets your needs.

Fidelity Investments

If you are a swing trader who likes to follow trends and trade stocks for profits, Fidelity Investments can help you reach your goal. The company provides zero-commission mutual funds and options trading. It also offers top-notch research and educational materials. Fidelity also allows you to keep your uninvested cash in a money market fund.

Fidelity’s trading platform is extremely user-friendly. You can click on a bid or ask number on a watchlist to place an order. The order form will be automatically filled out. There’s also a feature that lets you duplicate your orders. You can do this by clicking on the Orders icon on the top-left corner of the software. Next, you’ll see the list of your recent orders. To duplicate an order, just right-click on the previous order and select Duplicate Order. Fidelity’s trading platform also comes with Bloomberg News in HD, direct-access routing, and Level II quotes.

WeBull

While it’s hard to say which trading platform is best for swing traders, this company offers an extensive library of educational resources that can help you become a successful swing trader. They also have professional trading software and tools that can help you create a portfolio suited to your risk profile. You can trade stocks, ETFs, and other assets, and the platform does not charge a commission.

This trading platform offers comprehensive technical and fundamental analysis tools. You can also view up to five years of historical data. There are also more than 50 indicators built-in to the platform. You can also practice on a demo account before you start trading with real money.

Merrill Edge MarketPro

When choosing the best trading platform for swing traders, you must consider the cost and fees. Some services charge for commissions, while others charge very low fees. For example, Merrill Edge charges no commissions for deposits or withdrawals. Depending on the type of trading you’re doing, Merrill Edge may be the best choice for you if you’re looking for low costs and easy access.

Merrill Edge’s basic platform comes with basic functionality, including charting, option chains, new feeds, and decent research functionality. The platform uses data from Lipper and Morningstar, and its web based technical charts include most of the popular technical indicators. It also offers a ‘new way to research’ feature, which guides you through a series of charts and graphs.

Benzinga Pro

Benzinga Pro has a flexible and intuitive layout. It allows you to have multiple workspaces open, and you can easily resize and rearrange individual panels. You can also adjust key settings directly from the toolbar. There are even options for creating unlimited watchlists and linking your brokerage account.

Benzinga Pro comes with three pricing plans, each with varying features. The basic plan offers a basic live news feed. The next level is called the Enterprise plan, which comes with more tools and capabilities. The news feed looks like what you would find on any other brokerage site, but it contains more value than most other news sites. You can also filter stocks based on volume or volatility.

If you are new to investing, Benzinga Pro offers an exceptional stock screener. The service includes data and advanced algorithms to find the best stocks for your portfolio. You can also customize your screener by adding or removing trading strategies. It also offers thousands of stock charts.

Seeking Alpha Premium

Seeking Alpha Premium is an excellent option for swing traders and investors alike. It offers premium articles and comprehensive ratings from Wall Street analysts and other respected contributors. You can also access premium portfolio linking and simulations to help you make informed trades. The platform also allows you to use your brokerage account to access your portfolio.

Seeking Alpha has several different plans, including a free Basic Plan that gives you limited access to its services. Once you’ve upgraded to a Premium Plan, you can access a whole host of features, including an exclusive newsletter, VIP editorial concierge, and top ideas recommendation list. You can also choose to pay for additional premium features such as real-time alerts and reduced on-site ads.

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