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Best Day Trading Platform for Crypto | 2021 Award Winning Trading Platforms

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The best crypto day trading platforms are eToro, AvaTrade, Robinhood, Binance, Capital.com, and Interactive Brokers. eToro has the best crypto day trading platform with trustworthy social trading services. AvaTrade offers a beginner-friendly platform on MT4. We recommend Robinhood for U.S.A.-based traders interested in micro-investing. 

Each trading platform has strengths and weaknesses. This article discusses the best crypto day trading platforms in 2021. 

6 Best Day Trading Platforms 2021: 

  • eToro has the best best overall offer for crypto day trading.
  • AvaTrade has the best platform on MT4. 
  • Robinhood has the best crypto day trading platform for micro-investing (U.S.A. only). 
  • Binance has the best Bitcoin trading platform for day traders. 
  • Capital.com has the best crypto day trading platform for beginners. 
  • Interactive Brokers has the best crypto day trading platform for Bitcoin futures. 
RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1eToroFor commission-free trades4.9 / 5Best overall offerOfficial website
#2AvaTradeLow spreads and trading fees4.8 / 5Best MT4 platformOfficial website
#3RobinhoodExcellent mobile trading app2 / 5Best for micro-investingOfficial website
#4BinanceLow commission fees of 0.1%4.3 / 5Best for Bitcoin day tradersOfficial website
#5Capital.comValuable research tools4.7 / 5Best for beginnersOfficialwebsite
#6Interactive BrokersGood choice for traders at all levels4.9 / 5Best for Bitcoin futuresOfficial website

01. eToro: Overall Best Brokers

etoro-logo

eToro is the leading social trading brokerage firm with an excellent day trading platform. It offers a proprietary platform, a web platform, and a dedicated social trading space. 

This broker offers premium research tools, including social sentiment and an economic calendar. eToro has some of the best day trading services for experienced investors. 


02. AvaTrade: Best Platform On MT4

avatrade-logo

AvaTrade has an excellent trading platform with low spreads and trading fees. It offers many educational and research tools, including tutorials and free courses. 

This broker has a straightforward web, desktop, and mobile platform. It provides one of the best crypto day trading platforms on MT4 with access to social trading tools. It is a top choice for traders of all levels. 


03. Robinhood: Best Trading Platform For Micro Investing

Robinhood is a leading U.S. broker with premium services for micro-investing. It has a versatile portfolio with professional tools. 

This broker has an excellent mobile trading app with secure authentication and many trading features. It is a top choice for micro-investing because of its professional research tools. Robinhood has reliable platforms designed for professional investors. You must have a valid social security number (SSN) and a valid U.S.-based address to open an account at Robinhood. 


04. Binance: Best For Day Traders

Binance is a leading cryptocurrency exchange with the best platforms and services for Bitcoin day trading. It offers access to hundreds of digital currencies, including Bitcoin. 

Binance has low commission fees of 0.1%. It provides access to advanced charting and analysis tools. Binance is a good fit for professionals, as its learning tools are limited. It has many premium services, including crypto staking. 


05. Capital.com: Best For Beginners

Capital.com is a leading CFD and forex broker with top-tier licenses. It is a good fit for traders searching for trustworthy day trading platforms and beginner-friendly services. 

Capital.com has web, mobile, and desktop platforms. All have intuitive interfaces and two-step authentication. This broker offers valuable research tools, including trading ideas. We recommend it for beginner investors, as it provides educational articles, webinars, and videos. 


06. Interactive Brokers: Best  For Bitcoin Futures

interactive-brokers-logo

Interactive Brokers is a trustworthy brokerage firm with a competitive pricing structure for day trading. It offers a virtual trading account, a proprietary platform, and a professional app. 

This broker has an impressive portfolio contributing to an outstanding day trading experience. It offers access to a versatile portfolio, including Bitcoin futures. Interactive Brokers is a good choice for traders at all levels. 


What Is Crypto Day Trading? 

Crypto day trading is similar to forex trading. It involves trading pairs and speculating on the short-term value of a digital currency. For example, if you wanted to trade Ethereum against the U.S. dollar, it would be displayed as ETH/USD. The goal is to speculate on whether the exchange rate will rise or fall. If you do it correctly, you will make a profit. 

What Is The Best Currency For Day Trading? 

Bitcoin is the best cryptocurrency for day trading, and the pair BTC/USD is the best market to focus on. Check our in-depth reviews to learn more about cryptocurrency and day trading. 

Related: How To Buy Bitcoin in UAE and Dubai, Best Cryptocurrency Exchanges 2021

Which Is The Best Day Trading Strategy? 

Day trading is a top choice for professional traders, as beginners lack the necessary knowledge for technical analysis and chart reading. There are many crypto day trading strategies recommended for new traders. 

  • Copy trading is a top choice for day trading crypto. It refers to copying an experienced crypto trader trade-for-trade. 
  • Following crypto signals is a day trading strategy popular with inexperienced trades. A signal will tell the trader what positions to place. 
  • Day trading robots are available through MT4. The software will have a list of pre-defined conditions which the robot will follow. 

    Related: Best Crypto signals telegram groups, Best Crypto trading bots

Final Verdict 

eToro, AvaTrade, Robinhood, Binance, Capital.com, and Interactive Brokers are the best crypto day trading platforms. Our top choice is eToro, as it has some of the best platforms for day trading with excellent social trading services. AvaTrade offers the best crypto day trading platform on MT4 for traders at all levels. We recommend Capital.com for beginners searching for a straightforward day trading platform. 

FAQ 

We review crypto day trading platforms with real accounts and money. Our findings depend on 105 criteria, including ease of use and account safety. 

Is Day Trading Available In the U.S.? 

Yes, day trading crypto is available in the U.S. However, crypto CFDs are not legal in the U.S. Read our in-depth review to learn more about crypto day trading and availability.

Is It Safe To Use A Day Trading Platform? 

There are many crypto day-trading platforms available, but most are unregulated. It is best to choose a top-tier broker to keep your money safe. eToro and AvaTrade are two examples of top-tier brokers. Check our in-depth reviews to read about online brokers and top-tier licenses.

Do Day Trading Platforms Accept PayPal? 

Regulated online brokers support PayPal deposits and withdrawals. It is best to check the funding options before choosing a provider.


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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