Whether you’re interested in stocks, forex, cryptocurrencies or something else entirely, a great online trading platform forms an interconnection between you and the markets you wish to access. The platform you choose will ultimately dictate how successful (or unsuccessful) your trading journey will be.
Leading day trading brokers in Australia why it’s important to do your research before selecting a platform. Our article about Leading day trading brokers in Australia is designed to help you make an informed choice based on criteria like regulatory oversight, fees, charting tools, market coverage, customer support and more.
If you’re looking to trade shares, you’ll want a broker that allows you to do so on a commission-free basis. For example, eToro offers Australian day traders access to the ASX and 16 other global exchanges via CFD trading. You can also invest in a wide range of assets on a fee-free basis with this platform.
Leading Day Trading Brokers in Australia: What Aussie Traders Need to Know
Another important consideration when evaluating online platforms is their level of liquidity. A high-quality trading experience is facilitated by a large volume of active orders being executed in a short space of time. This is why it’s important to select a broker with a low latency infrastructure, which ensures that your orders are processed as quickly as possible.
Finally, you’ll want a platform that accepts multiple fast and convenient payment methods. For example, a platform that only supports traditional bank transfers will be limiting to many investors. eToro, for example, offers a range of options including credit/debit cards, popular e-wallets like Skrill and PayPal as well as the ‘pay later’ solution Klarna.