We found 11 online brokers that are appropriate for Trading Intraday.
In recent years intraday trading has become widely popular. It involves closing of positions in a single day. This means both the purchase and sale of financial stock assets occur within a 24 hour period.
Prices of a security fluctuate on a daily basis. Intraday trading professionals take advantage of this to make a profit from the gaps of rise and drop of the prices and some make huge returns.
Intraday trading professionals benefit from margin.
The added margin means these traders can trade financial assets at a higher value than the amount they have deposited. Sometimes the tradeable amount can be 10x the deposited amount. This can help in boosting up the gains. But be aware that this may increase losses.
Intraday trading is not always profitable and can creates a risk for loss. Traders can use limit loss measures to minimize the risk.
Understanding the core principals of Intraday trading is important to make a profit and minimize the risk of loss.
One of the best tips is to trade with the ongoing trend. In a down market selling is more than buying. In the upmarket it is vice versa.
Experts suggest not to become over-ambitious but to plan Intraday trading meticulously. Traders should stick to their respective plans and use the profit and stop-loss limit.
Traders should book profits at intervals and simultaneously maintain stop-loss levels to limit loss during the downflow of the market.
Furthermore, it is wise to opt for high liquid shares and trading should be executed in smaller numbers.
It is important to know the basic rules of Intraday trading. Firstly, avoid Intraday trading in the first hour as the range of fluctuations is more during this time.
Secondly, it is suggested to move with the trend to increase the possibilities of making a profit. Thirdly, traders should fix both the entry price as well as the target levels.
Stop-loss limits can be used here to limit the loss. Lastly, withdrawing at desirable profits is important. Apart from all these, sticking to one's own plan is always recommended while carrying out trades.
Basically Intraday trading is for such individuals who have good knowledge about the industry and can take risks. It is perfect for traders who are self-driven.
Intraday trading takes place for five or six hours and traders need to complete buying and selling within that time period.
When Intraday trading takes place directly through an online platform instead of through a broker, it is called as a self-generated Intraday trading.
The Intraday trading is limited to the investment of a trader and his risk-taking ability. In margin trading, one can enjoy up to ten times of the account value. This increases the profit opportunities.
Usually, the Intraday trading starts at 9:15am and is open until 3:15pm. Traders need to take their positions and end within the trading period. It is always suggested to start trading after about one or two hours after the opening time.
Traders cannot sell the stocks the next day. The selected shares get sold automatically at 3 pm.
Intraday trading professionals follow several charts and these include: bar charts, live charts, candlestick charts, tick charts, volume charts, Renko charts, candlestick charts, and point and figure charts.
Various trading indicators are used in knowing the Intraday trend. Research is required to place positions perfectly and developing a strategy is not instant. It will take time.
Most of the Intraday trading professionals have a simple and straight goal to make consistent profits.
The best way to make a profit is to buy at a time when the stock moves upward from an Opening Range high and vice versa for selling.
If the stock moves lower than the Opening Range low, it is the right time to sell the stocks.
This strategy can lead to consistent profits but the trading needs to be done with discipline, optimal usage of indicators and a good assessment of the market performance.
It is important to know that newcomers should buy when the price of stocks is low and sell when the price of stocks is high. This is the way to take advantage of the price moves. Traders can use real-time charts when researching price movements.
Intraday trading is in trend as more and more traders are lately opting for it to make a consistent profit. However, the risk is always there and hence a good knowledge is important and nothing is ever guarenteed.
Aim to trade with the sentiment of the current market. Upmarket means buying of stocks while down market is selling of stocks as traders offload stocks as prices fall.
Use of certain tools is important in Intraday trading including stop-loss levels. This limits the loss during the down period of the market.
We have conducted extensive research and analysis on over multiple data points on Intraday Trading to present you with a comprehensive guide that can help you find the most suitable Intraday Trading. Below we shortlist what we think are the best Intraday brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Intraday Trading.
Selecting a reliable and reputable online Intraday trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Intraday more confidently.
Selecting the right online Intraday trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Intraday trading, it's essential to compare the different options available to you. Our Intraday brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Intraday broker that best suits your needs and preferences for Intraday. Our Intraday broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Intraday Brokers.
Compare Intraday brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Intraday broker, it's crucial to compare several factors to choose the right one for your Intraday needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Intraday brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Intraday brokers that accept Intraday clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Up with spreadex |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
You can compare Intraday Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Intraday Brokers for 2024 article further below. You can see it now by clicking here
We have listed top Intraday brokers below.
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