Choosing the best day trading software will depend on your skill level and trading strategy. Look for a platform with a variety of charting tools, customization options and automation capabilities. You’ll also want to find one with historical financial data that’s easy to navigate and a range of educational resources. Some platforms offer built-in educational videos, while others may include “sniffing algorithms” that can pinpoint other side orders and help you avoid price spikes.

TD Ameritrade has a large offering of day trading software, including its well-known thinkorswim platform and PaperMoney virtual simulator. The brokerage also offers a mobile app, customizable trading indicators and tools and on hand chat support for beginner traders. Traders can access a variety of tradable assets and get $0 commissions on stock and ETF trades, plus $0.65 per option contract.

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Another great choice is Ally Invest, which offers some of the lowest day trading fees in the industry. The broker offers $0 commissions on stock and ETF trading, and there are no account minimums or inactivity fees. Plus, Ally Invest is part of Bank of America and allows you to keep your investing and banking accounts in one place.

If you’re an advanced investor, consider Benzinga Pro, which offers exclusive news straight off the BZ wire, custom sentiment indicators and a powerful suite of backtesting, simulation and automation tools. Benzinga Pro is available as a standalone platform, or can be integrated into MT4, NinjaTrader and other trading platforms for a seamless experience.