Best Day Trading Brokers for Beginners- Buying Stocks, Short Selling, Small Account Trading & more
Humbled Trader Humbled Trader
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 Published On Jul 23, 2020

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🔽Time stamps:
1:48 Best broker for buying stocks
6:45 Best brokers for shorting
9:17 Best broker for shorting with a small account under PDT
10:49 Best broker to avoid PDT rule
12:37 Brokers for options trading, free commission trading

Trade with me: https://bit.ly/3NDfhUu

Best brokers for going long stocks:
1. Interactive Brokers: https://bit.ly/3bE82u4
Account minimum: $2,500 USD
Pros: Cheap commissions. Getting better at having short borrows on small call penny stocks. I use this broker for day trading penny stocks. Plenty of easy to borrow stocks to short at no extra borrow cost.
Cons: Expense on monthly individual data subscriptions add up. Terrible customer service. No hard to borrow stocks and short stock locate function.
My Interactive Brokers TWS Platform set up:    • Interactive Brokers Platform Tutorial...  

2. Fidelity Active Trader Pro
Pros: Good execution fills and customer service.
Con: Outdated trading platform, sometimes the buttons lag.
3. TradeStation
Great for trading automation, direct access broker, Matrix feature for faster order entries

📈 Best Charting Tool (FREE) - TradingView: http://bit.ly/3kqJjkN

📉My Trading Broker Platforms:
Interactive Brokers - https://bit.ly/3bE82u4
Webull - Get up to 12 FREE stocks: https://bit.ly/42lNake
Centerpoint Securities ($30K min) - https://bit.ly/3LKdlID
-Get 50% off Commissions & Short locates for 60 days
-Get 6 months FREE Trade Ideas scanner
🍁Centerpoint for Canada: https://bit.ly/3tgAFJi

Broker to Avoid PDT Rule:
1. CMEG- Capital Markets Elite Group: https://www.cmelitegroup.com/

Honorable mentions:
1. Schwab Streetsmart Edge- Great for options trading
2. Thinkorswim
Powerful interface for options strategies. OnDemand feature. Great platform for technical analysis. FREE live data.
My Thinkorswim set up for day trading:    • TD Thinkorswim Tutorial 2023 (Thinkor...  
3. ETrade - Going long stocks, free commission trading

📉My Trading Broker Platforms:
TradeZero: https://bit.ly/38OlfSv
-Get 3 months FREE platform + 1 Month 10% off short locates

Centerpoint Securities ($30K min): https://bit.ly/3LKdlID
-Get 50% off Commissions & Short locates for 60 days
-Get 6 months FREE Trade Ideas scanner
🍁Centerpoint for Canada: https://bit.ly/3tgAFJi

Interactive Brokers: https://bit.ly/3bE82u4
Interactive Brokers Canada: https://bit.ly/2FBwdMo

🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2

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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

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