13th July 2022

Why You Should Use a Direct Trading Platform

Direct access trading is the way of the future of investing, and it's one of many reasons why you should consider using a direct trading platform. If you're considering starting your own investing business or have already established yourself as an individual trader in any capacity, then please take the time to read this article - it may change your life!

TEMPORARY CONTENT 26 - Trading Platforms UK

Direct access trading is the way of the future of investing, and it's one of many reasons why you should consider using a direct trading platform. If you're considering starting your own investing business or have already established yourself as an individual trader in any capacity, then please take the time to read this article - it may change your life!

direct trading platform

You can trade stocks, options, and ETFs without letting a middleman take a cut of your trades.

A direct trading platform is essentially an online brokerage that allows you to trade stocks, options, and ETFs without letting a middleman take a cut of your trades. With a direct trading platform, you can trade on exchanges that aren't typically offered through most brokerages. This means that the platforms are generally more focused on helping investors succeed rather than just getting them to sign up for an account and make some trades.

Direct trading platforms also often have lower commissions than traditional full-service brokers—which makes sense when you realise that they don't have any salespeople or offices (or even employees) taking up resources in order to sell their products.

Additionally, using a direct trading platform has other benefits:

  • You can trade in real-time (if this is important to you)
  • You can trade from your phone (if this is important to you)
  • You can trade from your computer (if this is important).

You can do more with your money when it goes directly to your trading account.

  • You can trade more often
  • You can trade more stocks
  • You can trade more options
  • You can trade more ETFs
  • You can trade more futures
  • You can trade more forex
  • You can trade more bonds
  • And, you could even use your newfound money to buy a mutual fund or two!

By establishing a direct connection between you and the market, you're able to make smarter and faster trades.

Direct access trading allows you to trade at the same price as the market without having to go through a broker. This means that when you want to buy or sell a stock, your confirmation will be sent directly from your account rather than through a middleman.

Why does this matter? Because it allows for faster trades and better execution. With direct access trading, you're able to trade directly from charts or point-and-click interfaces—or even trigger alerts!

direct access trading platform for stock market

You can trade on exchanges that aren't typically offered through most brokerages.

For example, if you wanted to trade on a foreign exchange, but your brokerage does not offer those options—or if they do and the fees are prohibitively high—a direct trading platform would allow you to trade directly with other traders instead of via an intermediary like your brokerage firm.

Similarly, some smaller exchanges don't have the liquidity of major ones. If this is something that interests you, a direct trading platform could be helpful.

Stock, options, and ETF trades are all available at discounted rates on many direct access trading platforms.

Discounted rates are available for stock, options, and ETF trades on many direct access trading platforms. These discounted rates are available to traders who are trading a lot of volumes. Many discount brokers also offer discounted rates for traders who are trading on a regular basis at their broker's office or through an online interface. A trader can receive discounts as large as £2 per contract in some cases for these types of trades!

best direct access trading platform

Allow traders to view Level II data that shows the order book of current bids and offers for the stock being traded.

This information is extremely useful for swing traders. Your trading strategy may be the best in the world, but it's unlikely that you can make money without access to level II data. Why? Because level II gives traders access to more information about the options available for a stock and when those options expire.

Level II data shows the order book of current bids and offers for each stock being traded on a direct trading platform at any given time (the bid is how much someone is willing to pay for an asset, while the ask is how much someone wants for an asset).

It also displays information about option chains—or lists of different strike prices and expiration dates—and provides other details regarding market activity related to equities trades that aren't available through automated services such as news feeds.

Allow you to trade directly from a chart by clicking on a price level.

This is called point-and-click trading, which some investors prefer over using an order ticket window or drop-down menu system. Direct trading platforms can allow you to trade directly from a chart by clicking on a price level. This is called point-and-click trading, which some investors prefer over using an order ticket window or drop-down menu system.

Many direct access brokers offer this feature, but they may not call it "point-and-click trading" or present it as a unique advantage of the platform.

direct access stock trading platform

Trigger alerts are built into charts, allowing you to be notified if certain price levels are reached in real-time.

A trigger alert is a price level that, once reached, notifies you of an event. For example, if the current price of your stock hits £100 per share, you can set up a trigger alert so that your phone will buzz and flash with a message stating, "Your stock traded at £100 per share!"

With direct access to trading platforms, trigger alerts are built into charts. This allows you to be notified if certain price levels are reached in real-time. For example:

You buy 100 shares of P&G at £80 each for an investment total of £8,000 (£80 * 100). When the price rises to £90 per share (after paying commissions), your portfolio will grow by 10%.

As soon as this happens—and before anyone else knows about it—you'll receive an email letting you know how much money has been added to your bank account.

If P&G drops below £75 per share before expiration day passes without any further movement from current prices (meaning there's been no announcement), those 100 shares will automatically be sold at market value—which would mean losing money on the transaction.

If P&G rises above £80 by the expiration date without any announcement beforehand (i.e., no press releases), then those original 100 shares will automatically be sold at market value—making money on this transaction.

Direct access trading is the way of the future of investing and should be considered by any serious trader.

It provides several advantages over other forms of trading. Direct access trading gives you direct control over your investments, which means that you don't have to rely on a broker to execute trades for you or send in stop-loss orders.

With this type of trading, you can buy and sell stocks directly from a computer or mobile device without any intermediaries involved in order to execute your trades as quickly as possible—allowing you more flexibility when it comes to managing risk exposure and ensuring that no one else has access to your account information!

Direct trading is the future of investing, and it's here to stay. The benefits are clear: direct access platforms offer discounted rates on trades and allow you to trade directly from a chart by clicking on a price level.

For those interested in trading on exchanges that aren't typically offered through most brokerages, this can also be an appealing option. If you want to make smarter trades or want more control over your money, direct access trading may be worth considering for all types of traders.

If you're looking for in-depth information about the available trading platforms in the UK, Trading Platforms UK is the site for you. We provide news, reviews, and data on all of the major trading platforms to help you choose which one is appropriate for you. We offer the information you need to get the most out of your trading experience, whether you're just getting started or are a seasoned pro. To begin, visit us now!

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