Top Price Action Trading for 2024

We found 11 online brokers that are appropriate for Trading Price Action Trading.

Best Price Action Trading Guide

Analysis by Andrew Blumer, Updated Last updated - April 24, 2024

Price Action Trading

If you have been in the trading world for a while, there is a chance that you may have heard about price action trading.

The price action is a research tool that highlights the traits of the movements a financial assets market price. Trading experts and market analysts interests lie in analyzing the prices regarding the past price changes.

If you want to be more profitable in the stock market, Price Action Trading is definitely worth your consideration. This method is based on basic price movements and produces signals for entry and exit in trades. It is more reliable than other trading methods, and you can apply it independently without the help of indicators. So, let us take a closer look at how it works. You will be amazed at how much you can profit by using this method.

First, you must understand how the market functions. It moves up and down according to demand and supply forces. Moreover, prices never move straight but in zigzag patterns. It means that a given stock's price will always fluctuate between support and resistance levels. It will most likely reverse down if it goes above or below these levels. Therefore, it is important to learn the ins and outs of price action trading.

What Is Price Action?

Price action is a method for generating signals for entry and exit in trades. This method is very reliable and does not require the use of indicators. It is the most reliable trading method because it does not use any indicators. It also uses only a single tool: prices.

Price action is a great way to make money in the market. While there are a few technical analysis tools, this method can help beginner traders. These tools calculate technical analysis tools based on the price movement and project them into the future to guide trade decisions. With the right set of indicators, you can profit from this method.

Price Action Trading Overview

In short, the price action is the term to describe a specific type of trading which helps traders to analyze the market and make their own informed tradings decisions based on the movement of financial asset prices.

That means the decisions will be pretty much objective because they are not using the technical indicators.

As the name suggests, the traders and market analysts actions are based on the prices movements rather than the conventional indicators.

If the traders overlook the fundamental analysis, then the price action can be the most relevant method for them.

For instance, when you are overlooking the fundamental analysis factors, you will tend to focus more on the recent and past prices movement.

While you are not using the fundamental analysis, this price action encourages you to have the technical analysis tools.

The price action strategy is usually relevant for day traders who are fond of short term trading.

In such a short time frame, one would need to be supported with such informative decisions to make the trades.

Most of the time, their opinions are subjective because of the absence of the technical indicators. However, to make a successful trade, the traders should be able to pinpoint the right strategies, manage the risks, as well as make the comprehensive reviews of the market.

What Does Price Action Tell You?

The term price action is commonly used to refer to a billable negotiation in analysing basic price movements. This technique generates signals for entering and exiting trades and is particularly useful for traders because it does not require indicators. Its simplicity and reliability make it a popular choice among traders.

A price action chart plots the price changes of a security over time. Traders use this information to determine whether a security is likely to go up or down in the future. Traders analyse these changes and take positions based on these patterns and trends. The key to successfully trading with price-action charts is understanding what they tell you. This information is critical to your trading decisions, and using this technique can improve your trading results.

The price action of a particular currency pair or asset will reflect a shorter-term time frame. When you see a strong bull trend, price action will show signs of momentum and will be sub-optimal. In a bear trend, the opposite is true. A long-term bearish signal indicates that the market will likely move higher, and a short-term lag can make you a loser.

The basic idea behind price action trading is to trade in price movements when the price makes a double bottom. You can place a buy-stop order above the bar when the price has crossed a double bottom. It means that a price action trader will place a buy-stop order one tick above the high of the bar. In this way, he will avoid analysing actual events in the market.

Price Action Trading tools

Trading with price action is heavily linked to the assets price historical records. Traders should be willing to look at the historical data to make a great assessment of something.

In this case, you can use various technical analysis tools such as charts, price bands, trend lines, high and low swings, and many more.

Depending on the brokerages you are joining, you could also consult their technical help.

Other than the tools mentioned above, traders should also pay attention to data interpretations and take appropriate actions. The interpretations can be completely different from one trader to another.

It is not exaggeration to say that there are no two traders who would have decided the same thing in a certain price action. Each individual or trader has their own interpretation.

This means it is very possible that you come out with your own rules and behavior as well as decisions based on the price.

When you use the technical analysis tools, these will help you to make an appropriate decision, although it can still be different from the other individuals.

The price action trading will work extremely well when you use the right technical analysis tools and fetch the right recent price history.

Who is it for anyway?

So, you might wonder about who's going to use the price action trading strategy.

How relevant it can be for them. These sort of questions are common. Price action has tight connections with the predictions and speculations.

In common cases, the retail traders can use the price action trading strategy to make a profit but it is more prevalent for the speculators and arbitrageurs.

If you are one of those individuals, the price action trading strategy is definitely for you. In another case, the price action trading strategy is also a prevalent choice for the big firms or institutions who employ the professional traders.

The price action trading is usually used for securities such as forex, commodities, equities, bonds, derivatives, and so on.

It is good to know that price action trading is a more prevalent option for the traders who are interested in short to medium term trading.

If you are looking for long-term investment, price action trading strategy will not be a viable option for you but if you are short-term to medium-term traders, it is a great idea to add price action trading in your strategy book.

In the price action trading strategy, the traders believe that the market does not have a fixed pattern so that there is no way to create a single strategy for all times.

In other words, there is no one-size-fits-all solutions. The recent price history is usually combined with the reliable technical analysis tools to help the traders make a significant decision.

But again, the traders themselves are the ones who create the opportunities based on their own interpretation.

Self-made strategy is indeed more flexible than the fundamental analysis-made strategy.

You can be very flexible in the extent to pick the asset classes that you'd like to pick.

Use any software and test your strategy using your platforms back-testing tools. This strategy would also allow you to decide yourself instead of following the rules all the time.

We have conducted extensive research and analysis on over multiple data points on Price Action Trading to present you with a comprehensive guide that can help you find the most suitable Price Action Trading. Below we shortlist what we think are the best price action trading after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Price Action Trading.

Reputable Price Action Trading Checklist

Selecting a reliable and reputable online Price Action Trading 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 Price Action Trading more confidently.

Selecting the right online Price Action Trading 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.

Compare Key Features of Price Action Trading in Our Brokerage Comparison Table

When choosing a broker for price action trading trading, it's essential to compare the different options available to you. Our price action trading 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 price action trading broker that best suits your needs and preferences for price action trading. Our price action trading broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Price Action Trading of 2024 compared

Here are the top Price Action Trading.

Compare price action trading brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a price action trading broker, it's crucial to compare several factors to choose the right one for your price action trading needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are price action trading. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more price action trading that accept price action trading clients.

Broker IC Markets Roboforex EasyMarkets SpreadEx Trading212 IG binance webull tradezero nadex zackstrade
Rating
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 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) Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Unregulated Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) Securities Commission of the Bahamas (SCB) Unregulated Unregulated
Min Deposit 200 10 100 1 1 No minimum deposit 100 50 500 250 2500
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 1,000,000+ 142,500+ 10,000+ 15,000,000+ 239,000+ 10,000+ 5,000+ 2,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • Standard account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Managed account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps Desktop,Android,iPhone/iPad,Mac Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web,iPad,mac,Desktop,iPhoneiOS Android,iPhone/iPad,Tablet
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
roboforex
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
trading212
Sign Up with
ig
Sign Up with
binance
Sign Up with
webull
Sign Up with
tradezero
Sign Up with
nadex
Sign Up with
zackstrade
Risk Warning Losses can exceed deposits Losses can exceed deposits Your capital is at risk Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk
Demo IC Markets
Demo
Roboforex
Demo
easyMarkets
Demo
SpreadEx
Demo
Trading 212
Demo
IG
Demo
Binance
Demo
Webull
Demo
TradeZero
Demo
nadex
Demo
Zacks Trade
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 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 US, CA US, BE, FR, IN, IL, PL, ZW RU UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US, IN, PK, BD, NG , ID, BE


All Price action trading in more detail

You can compare Price Action Trading 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 Price Action Trading for 2024 article further below. You can see it now by clicking here

We have listed top Price action trading below.

Price Action Trading List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2004 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21
IG
(2/5)
Min deposit : 0
IG was established in 1974 and is used by over 239000+ traders. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. IG offers Forex, CFDs, Spread Betting, Share dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
binance
(3/5)
Min deposit : 100
Binance was established in 2011 and is used by over 10000+ traders. Your capital is at risk Binance offers Forex trading, Spread Betting, Social trading, .

Funding methods

Bank transfer Credit Card Paypal

Platforms

Desktop,Android,iPhone/iPad,Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
webull
(4/5)
Min deposit : 50
Webull was established in 2017 and is used by over 5000+ traders. Your capital is at risk Webull offers Stocks, Options, ETFs, ADRs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
tradezero
(2/5)
Min deposit : 500
TradeZero was established in 2014 and is used by over 2000+ traders. Your capital is at risk TradeZero offers ETFs, Stocks, Warrants, Options.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Securities Commission of the Bahamas (SCB)
nadex
(3/5)
Min deposit : 250
nadex was established in 2008 and is used by over 10000+ traders. Your capital is at risk nadex offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web,iPad,mac,Desktop,iPhoneiOS

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
zackstrade
(3/5)
Min deposit : 2500
Zacks Trade was established in 2008 and is used by over 10000+ traders. Your capital is at risk Zacks Trade offers Forex trading, CFD trading, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Android,iPhone/iPad,Tablet

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Learn more Learn more about IC Markets.
Losses can exceed deposits
TRADE NOW Try IC Markets today
Losses can exceed deposits