A good day best day trading platform can improve your odds of success in this fast-moving investment. The best options offer low — or no — commissions, fast trade execution, premium research and innovative strategy tools. Other important considerations include extended-hours trading and education resources.

Day trading involves rapid buying, selling or shorting stocks and other financial assets to profit from small movements in their prices. It is typically done in a margin account and prohibited in cash accounts. Less than 1% of day traders are consistently profitable year-after-year, but it can be an exciting way to make money if you know what you’re doing.

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The best day trading platforms offer a customizable interface, robust charting capabilities and a wealth of educational data and tools for beginners and advanced users alike. They also offer features like paper trading simulators and strategy backtesting. They typically charge a fee for certain premium features, like Level II quotes (which allow you to see the bid and ask prices of individual orders rather than just the market makers’) or offer no-commision stock trading for those with higher account balances.

Whether or not a particular platform is the best day trading site for you depends on your investing goals, experience level and personal preference. We recommend reading through our articles on the top brokerages, evaluating trading costs and fees and checking out each platform’s website to find one that fits your specific needs. Popular choices for new traders include E*TRADE, Robinhood and Webull.