Weekly Perspectives - Trading Essentials: Choosing The Right Broker and Charting Platform

Trading Essentials: Lesson Of The Week: Choosing The Right Broker and Charting Platform

This month’s trading theme is "Trading Essentials" and in this week’s lesson we’re going to cover the considerations for choosing the right broker and charting platform.

Choosing the right broker and charting software is probably one of the most important decisions you can make when you first start trading.

In this short video we will discuss the 5 main things you want to consider when deciding on a broker platform.

In summary they are:

  • Price
  • Margin requirements
  • Speed
  • Service & Support
  • Reliability

As it pertains to charting platforms, consider the following criteria:

  • Features
  • Market data access
  • Price
  • Hardware requirements
  • Stability
  • Portability

Btw I often get asked which brokers and charting platforms I would recommend.
The answer is always it depends.

For instance because I am primarily trade futures and NA equities intraday and swing trade stocks, I personally use ...

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