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Day trading is commonly associated with the real big shots of Wall Street. Whether you're just looking to get started or you're already a pro, we collected for you the best online brokers for day trading in 2022. After thorough research and discussions with experienced day traders, we put together a list of the top 5 brokers. Let's see the winners!

Our top 5 picks for the best brokers for day trading in 2022 are:

  1. Interactive Brokers - the best broker for day trading in 2022. Low trading fees. Wide range of products. Many great research tools.
  2. TradeStation Global takes second place. Low stock and ETF fees. Wide range of products. Fast customer service.
  3. Webull rounds out the top three. Free stock, ETF and options trading. Fast and easy account opening. Great trading platforms.
  4. TD Ameritrade came in at number four. Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.
  5. Fidelity just made it to the list in fifth place. Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
Best brokers for day trading in 2022
Name Info Score
#1 Interactive Brokers International broker providing all asset classes 4.9
#2 TradeStation Global UK-based global stockbroker 4.6
#3 Webull US discount broker 4.6
#4 TD Ameritrade US-based stockbroker 4.7
#5 Fidelity US stockbroker 4.7

What makes a broker good for day trading? Their fees for complex products are essential to consider. A good desktop trading platform and powerful charting tools are also crucial for monitoring the minute-by-minute changes on the market. Withdrawal conditions are an important factor as well. And finally, the product offering and the expertise in these products should also be strong.

Trading on a daily basis can be exciting and there is a possibility for winning big with it. However, it's important to note that whether you trade with your own money or with leverage, day trading is highly risky and you can also suffer big losses. We advise you to start day trading only if you consider yourself an experienced trader. If you want to learn more about trading in general, check out our articles on becoming a trader and managing your own portfolio.

Not sure which broker is best for you? For a tailored recommendation, check out our broker finder tool. You can enter your country and it will narrow down the list of brokers to those that are available where you live. Want more details? Compare brokers with our in-depth comparison tool.

Important note: some of these brokers offer CFD products. These are complex and very risky, thus are not suitable for everyone. You can easily lose all of your invested money. If you don't have a clue what a CFD is, start with these CFD trading tips.

And now, let's go over the best online brokers for day trading in 2022 one by one. Starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best online broker for day trading
Interactive Brokers

4.9

Interactive Brokers review summary

 

Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1978. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

Given that the broker has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. The fact that it has a long track record and publicly disclosed financials while being listed on a stock exchange all point to IB being a safe service provider.

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#1 Interactive Brokers
Fees
4.5

Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is free if they choose the Lite plan.
Pros Cons
Low trading fees None
Free stock and ETF trading for US clients
Low margin rates
Interactive Brokers benchmark fees
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
US stocks $1.0 $1.5 $0.0 $0.0 $0.0
US stock CFDs $1.1 $1.6 - - -
US futures $2.5 $5.0 - $22.5 -
US index options $6.5 $15.0 $0.0 $6.5 $6.5
EURUSD $2.4 $2.4 - $2.7 -

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#1 Interactive Brokers
Desktop trading platform
3.8

IB's desktop platform, TWS comes with great customizability and advanced order execution, but it's not user-friendly and caters more to advanced traders.
Pros Cons
Clear fee report Not user-friendly
Good customizability (for charts, workspace) Complexity might be overwhelming
Good variety of order types
Best brokers for day trading in 2022 - Interactive Brokers trading platform
Interactive Brokers charting tools
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Quality Great Great Great Great Great
Number of technical indicators 120 170 68 400 37

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#1 Interactive Brokers
Markets and products
5.0

At Interactive Brokers, you have access to an extremely wide range of markets and all product types are available.
Interactive Brokers markets and products
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes Yes No Yes No
Funds Yes Yes No Yes Yes
Bonds Yes Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes No Yes No
CFDs Yes Yes No No No
Crypto Yes Yes Yes Yes No

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#1 Interactive Brokers
Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.

On the plus side, IB offers very low fees, a vast range of markets and products, and diverse research tools

There are some drawbacks, though. We weren't satisfied with the quaity of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.5 stars
Recommended for Traders looking for broad market access and a professional trading environment

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TradeStation Global Logo

#2 Best online broker for day trading
TradeStation Global

4.6

TradeStation Global is a brand of TradeStation International Ltd, which is based in the UK and is regulated by the top-tier Financial Conduct Authority (FCA).

TradeStation Global is a combined product offered by Interactive Brokers (IB) and TradeStation for clients outside the EU/EEA. Here are its most important elements:

  • The account opening, deposit/withdrawal options, and available products are the same as at Interactive Brokers.
  • You can use both Interactive Brokers's and TradeStation's own desktop platform.
  • TradeStation Global charges its own fees, and offers its own customer support and educational tools.

Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities. While Interactive Brokers is listed on the NASDAQ, TradeStation itself is not: only TradeStation's parent company Monex is listed, on the Tokyo Stock Exchange.

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#2 TradeStation Global
Fees
3.9

TradeStation Global has low trading fees, especially for stocks and ETFs. There's no inactivity fee and the first withdrawal each month is free. However, mutual fund fees are high.
Pros Cons
Low trading fees High fund fees
Low non-trading fees
TradeStation Global benchmark fees
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
US stocks $1.0 $1.5 $0.0 $0.0 $0.0
US stock CFDs $1.1 $1.6 - - -
US futures $2.5 $5.0 - $22.5 -
US index options $6.5 $15.0 $0.0 $6.5 $6.5
EURUSD $2.4 $2.4 - $2.7 -

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#2 TradeStation Global
Desktop trading platform
4.0

TradeStation Global's desktop trading platform is more suited for advanced traders. It's highly customizable and offers many order types, but it's not user-friendly and installation is complicated.
Pros Cons
Clear fee report Not user-friendly
Good customizability (for charts, workspace) Poor search function
Good variety of order types Overly complicated installation
Best brokers for day trading in 2022 - TradeStation Global trading platform
TradeStation Global charting tools
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Quality Great Great Great Great Great
Number of technical indicators 120 170 68 400 37

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#2 TradeStation Global
Markets and products
4.9

With TradeStation Global, you can access the same range of product types and exchanges as at Interactive Brokers. This selection is one of the widest among online brokers.
TradeStation Global markets and products
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes Yes No Yes No
Funds Yes Yes No Yes Yes
Bonds Yes Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes No Yes No
CFDs Yes Yes No No No
Crypto Yes Yes Yes Yes No

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#2 TradeStation Global
Verdict

TradeStation Global has low stock/ETF fees, provides access to a lot of products and markets and has great customer support. The TradeStation Global desktop platform has great charting tools, plenty of indicators, highly customizable watchlists (Radar Screen) and a great programming tool (EasyLanguage).

On the other hand, the deposit and withdrawal process is not user-friendly and you can use only bank transfer. The account opening is complicated, and for full account verification to use the TSG desktop trading platform, a minimum deposit of $1,000 is required.

If you want access to IB's product range and an account with a slightly different fee structure, feel free to try TradeStation Global.

TradeStation Global
Summary TradeStation Global is an introducing broker of Interactive Brokers. This practically means that assets and cash are held with Interactive Brokers, but services like fees and customer support are provided by TradeStation Global. TradeStation Global is regulated by the top-tier UK FCA.
Fees score 3.9 stars
Recommended for Traders and investors looking for low fees and a wide selection of products

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Webull Logo

#3 Best online broker for day trading
Webull

4.6

Webull is a US-based fintech startup offering zero-fee or discount brokerage services. Founded in 2017, the company is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) as well as the Hong Kong Securities and Futures Commission (SFC).

Webull is regulated by top-tier financial authorities and provides a maximum of $500,000 investor protection, including a $250,000 limit for cash under the Securities Investor Protection Corporation's (SIPC) protection scheme, which are all great signs for its safety.

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#3 Webull
Fees
4.8

Webull offers commission-free trading for US-listed stocks, ETFs and options. There is no withdrawal fee for ACH transfers and no inactivity fee. However, wire transfer fees are high.
Pros Cons
No commission (for stocks, ETFs, options) High wire transfer costs
ACH transfers are free for funding & payout
Webull benchmark fees
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
US stocks $1.0 $1.5 $0.0 $0.0 $0.0
US stock CFDs $1.1 $1.6 - - -
US futures $2.5 $5.0 - $22.5 -
US index options $6.5 $15.0 $0.0 $6.5 $6.5
EURUSD $2.4 $2.4 - $2.7 -

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#3 Webull
Desktop trading platform
5.0

Webull's desktop trading platform has the exact same functionalities and design as the web trading platform.
Pros Cons
User-friendly None
Good customizability (for charts, workspace)
Good variety of order types
Best brokers for day trading in 2022 - Webull trading platform
Webull charting tools
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Quality Great Great Great Great Great
Number of technical indicators 120 170 68 400 37

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#3 Webull
Markets and products
2.8

Webull has a limited product portfolio that includes only US stocks, ETFs and options. Popular asset types such as funds, bonds and forex are not available.
Webull markets and products
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes Yes No Yes No
Funds Yes Yes No Yes Yes
Bonds Yes Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes No Yes No
CFDs Yes Yes No No No
Crypto Yes Yes Yes Yes No

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#3 Webull
Verdict

Webull's fee structure is truly appealing. You can trade US stocks, ETFs and options commission-free. The account opening is easy, fully digital, and fast while the trading platforms are easy to use and well-structured.

Webull has some drawbacks though. The product portfolio is quite limited, covering only stocks, ETFs and options. You can use only bank transfers for deposits and withdrawals, and wire transfers carry a fee in both directions. Phone and email customer support are hard to reach.

As the account opening is seamless and Webull offers commission-free stock and ETF trades, feel free to try it.

Webull
Summary Webull is a discount US stockbroker regulated by the top-tier US SEC and FINRA as well as the Hong Kong SFC.
Fees score 4.8 stars
Recommended for Investors and traders looking for zero-commission trading and easy platforms

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TD Ameritrade Logo

#4 Best online broker for day trading
TD Ameritrade

4.7

If you are an experienced trader looking for solid research and a well-equipped desktop trading platform, we definitely recommend TD Ameritrade.

Founded in 1975, TD is one of the biggest US-based stockbrokers and is regulated by top-tier authorities like the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).

This online broker is considered safe as it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials and is overseen by top-tier regulators.

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#4 TD Ameritrade
Fees
4.2

TD Ameritrade offers free stock and ETF trading, while forex, bond and options fees are also low. On the other hand, it charges high fees for futures.
Pros Cons
Low trading fees High fund fees
Low non-trading fees
Free stocks and ETFs
TD Ameritrade benchmark fees
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
US stocks $1.0 $1.5 $0.0 $0.0 $0.0
US stock CFDs $1.1 $1.6 - - -
US futures $2.5 $5.0 - $22.5 -
US index options $6.5 $15.0 $0.0 $6.5 $6.5
EURUSD $2.4 $2.4 - $2.7 -

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#4 TD Ameritrade
Desktop trading platform
4.5

The 'thinkorswim' desktop platform is one of the best on the market, we really liked it. The only feature we missed was two-step authentication.
Pros Cons
User-friendly No two-step (safer) login
Good customizability (for charts, workspace)
Good variety of order types
Trading support functions
Great learning materials
Best brokers for day trading in 2022 - TD Ameritrade trading platform
TD Ameritrade charting tools
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Quality Great Great Great Great Great
Number of technical indicators 120 170 68 400 37

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#4 TD Ameritrade
Markets and products
3.7

You can trade many asset classes, from stocks to futures and forex, while nice extras include social trading and robo-advisory. On the other hand, only the US market is covered.
TD Ameritrade markets and products
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes Yes No Yes No
Funds Yes Yes No Yes Yes
Bonds Yes Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes No Yes No
CFDs Yes Yes No No No
Crypto Yes Yes Yes Yes No

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#4 TD Ameritrade
Verdict

TD is one of the biggest US online brokers and it charges no commission on stock and ETF trades.

Research and education are outstanding, the thinkorswim desktop platform is one of the best on the market, and customer service is great.

There are a few drawbacks, most notably high financing (margin) rates, and the fact that credit/debit cards and electronic wallets are not accepted for money transfers. Furthermore, the product portfolio covers only US markets.

We definitely recommend giving TD a try, especially as their education tools include a demo account.

TD Ameritrade
Summary TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023.
Fees score 4.2 stars
Recommended for Investors and traders looking for solid research and a well-equipped desktop trading platform

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Fidelity Logo

#5 Best online broker for day trading
Fidelity

4.7

Fidelity is a US stockbroker founded in 1946. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier financial authorities.

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#5 Fidelity
Fees
3.9

Fidelity has low trading and non-trading fees, including commission-free stock trading. On the negative side, margin rates and fees for some mutual funds can be high.
Pros Cons
Free stock and ETF trading High fees for non-free mutual funds
Low bond fees High margin rates
No inactivity fee
Fidelity benchmark fees
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
US stocks $1.0 $1.5 $0.0 $0.0 $0.0
US stock CFDs $1.1 $1.6 - - -
US futures $2.5 $5.0 - $22.5 -
US index options $6.5 $15.0 $0.0 $6.5 $6.5
EURUSD $2.4 $2.4 - $2.7 -

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#5 Fidelity
Desktop trading platform
4.3

Fidelity's desktop platform is highly customizable, offers many order types and has a clear fee report.
Pros Cons
Clear fee report Not as quick to load as competing platforms
Good customizability (for charts, workspace)
Good variety of order types
Best brokers for day trading in 2022 - Fidelity trading platform
Fidelity charting tools
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Quality Great Great Great Great Great
Number of technical indicators 120 170 68 400 37

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#5 Fidelity
Markets and products
3.6

Fidelity offers a lot of different trading products, from stocks to options, including international stocks. However, forex and futures trading is not available.
Fidelity markets and products
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes Yes No Yes No
Funds Yes Yes No Yes Yes
Bonds Yes Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes No Yes No
CFDs Yes Yes No No No
Crypto Yes Yes Yes Yes No

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#5 Fidelity
Verdict

Fidelity is one of the biggest US stockbrokers and is regulated by top-tier authorities.

Fidelity offers commission-free US stocks and ETFs. The trading platforms and research are outstanding, with many tools including trading ideas and detailed fundamental data. The offered range of products includes international stock exchanges in addition to the US market, which is not common among US brokers.

Fidelity has some drawbacks, though. Some mutual funds have high fees, and the margin rates are high as well. You can't trade cryptos or futures.

As it has great research tools, a user-friendly web trading platform, and charges no inactivity fee, feel free to try Fidelity's services.

Fidelity
Summary Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Fees score 3.9 stars
Recommended for Investors and traders looking for solid research and great trading platforms

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Best brokers for day trading in 2022
What makes a broker good for day trading?

Now you know our top 5 brokers for day trading. Let's go over how we arrived at this list by discussing three points:

  1. What is day trading?
  2. Why do we believe these brokers are safe?
  3. What were the most important factors when selecting the best brokers for day trading?

What is day trading?

Day trading means buying and selling financial instruments within the same trading day, sometimes even within minutes. It was once considered an activity suitable only for professionals and financial firms. However, the horizon opened up for enthusiasts like you with the 1975 deregulation of commissions in the US, the birth of online trading platforms in the 1990s and the stock price volatility experienced during the dot-com bubble around the year 2000.

Most day traders aim to close all their positions before the market closes for the trading day. To be an effective day trader, you must be flexible and adjust your techniques to match ever-changing market conditions. For example, you can employ a trend following strategy, where the trader assumes that financial instruments which have been rising (or falling) steadily will continue to trend in that direction. Another example is news playing, where you buy a stock when it announces good news, or sell when the news is negative.

Are these brokers safe?

As day trading is risky, it's very important to consider safety. The brokers on our list are all considered safe. You can be sure none of them is a scam. They are regulated by top-tier authorities. Some of them are also listed on an exchange, and some have a banking background.

How did we pick the best brokers for day trading?

We test brokers along nearly 500 criteria. Here are the most important ones that we took into account.

4 most important criteria for the best brokers for day trading in 2022
1. Fees Fees can massively eat into day trader's profits, so we selected brokers where you can minimize those fees and commissions.
2. Desktop trading platform When you're making trades within the day, a trustworthy platform with good charting tools and speedy execution is essential.
3. Withdrawal The cheaper and faster you can move your money, the better your day trading experience will be.
4. Product range Some day traders prefer complex products like forex or options. It's better to choose brokers that have a wide range of available assets.

Best brokers for day trading in 2022
Bottom line

You've seen the details, now let's zoom out. Here are once again the best brokers for day trading in 2022:

Best online brokers for day trading
Interactive Brokers TradeStation Global Webull TD Ameritrade Fidelity
Award Best online broker
Fees score 4.5 stars 3.9 stars 4.8 stars 4.2 stars 3.9 stars
Desktop platform score 3.8 stars 4.0 stars 5.0 stars 4.5 stars 4.3 stars
Deposit and withdrawal score 3.0 stars 3.5 stars 1.9 stars 1.9 stars 3.8 stars
Markets and products score 5.0 stars 4.9 stars 2.8 stars 3.7 stars 3.6 stars

Interactive Brokers is our winner, the best broker for day trading in 2022. Low trading fees. Wide range of products. Many great research tools.

All the other brokers in the top five are considered great choices as well. Watch out, however, as day trading can be risky. If you feel you know enough and are good to go, pick your winner and take the next step in your trading journey. Let us know what you think in the comment section.

Still unsure? Use our broker finder tool to find the best broker for you.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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