
Do day traders use regular brokerage accounts? Or do they use some special brokerage?
Because from what I understand a day trader needs his oerders executed fast. So whats the deal? Are normal brokerages that normal people use fast enough for day traders? Do frequent traders like day traders need those trading platforms?
Most brokerages offer a variety of trading platforms. Some of which are good for day-trading.
Buy and Sell orders are usually executed within a few seconds for all trading platforms. But the order entry may be easier and faster on some platforms than on others.
Not all day-traders trade the same way. If you trade only once or twice a day. Then any platform might be suitable for you. But if you trade many times a day. Then you might need a platform where it’s easy to enter Buy and Sell orders.
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