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Rankings updated October 2026

End Of Day Trading

End of day trading is a convenient strategy for many traders. By placing your trades at the end of each trading day, you don’t need to spend time watching the markets all day and can avoid being distracted by news. It may also reduce the need for paid real-time data or intraday scanning tools. This page will explain what end of day trading means, the benefits and risks, and how to get started with end of day trading. We will also detail an example.

Trading Brokers in Iran

Tested with a live trading account Accepts traders from Iran Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Iran
    • Demo account
    • Regulator: FMA, FSA
    • Min. deposit: $0
    • Demo account
    • Regulator: ASIC, CySEC, FSCA, BVI FSC
    • Platforms: Web Platform, MT4, MT5, TradingCentral
    • Demo account
    • Regulator: CySEC, MISA
    • Platforms: MT4, MT5
    • Demo account
    • Regulator: FCA, ASIC, FSCA, VFSC, CIMA
    • Min. deposit: $50
    • Demo account
    • Regulator: ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
    • Min. deposit: $0
    • Demo account
    • Regulator: FSA
    • Platforms: MT5

Learn how we test brokers and why you can trust our ratings.

This is why we think these brokers are the best in this category in 2026:

  1. BlackBull 4.5/5 BlackBull is a New Zealand-based CFD broker providing diverse trading opportunities on over 2,180 instruments. After undergoing a rebrand in 2023, it now sports a modern look and feel complete with professional-grade trading tools and ultra-fast execution speeds averaging 20ms.
  2. Markets.com 4.4/5 Established in 2008, Markets.com is a long-standing, multi-regulated broker with oversight from the CySEC and FSCA. It offers unique features to track hedge fund moves and insider trades, while providing stock signals to alert traders to market opportunities. Its choice of accounts (Classic to Professional) caters to all levels of active trader. 72.3% of retail accounts lose money.
  3. FXCC 4.6/5 FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Comoros Union and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
  4. Vantage 4.7/5 Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to millions of clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
  5. FP Markets 4.2/5 Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.
  6. Bullwaves 3.9/5 Established in 2024 and headquartered in Seychelles, Bullwaves is a MetaTrader-only broker offering access to a modest collection of 250+ assets including forex, metals, indices, and newer additions like stocks and ETFs. Traders can choose from three accounts; Classic, VIP and Elite, catering to different experience levels and budgets.

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
BlackBull 4.0 / 54.7 / 535173.7 / 53.7 / 5
Markets.com 1.0 / 53.6 / 512573.1 / 53.5 / 5
FXCC 4.4 / 54.4 / 52214.8 / 54.4 / 5
Vantage 4.1 / 54.4 / 5157283.6 / 53.9 / 5
FP Markets 4.0 / 54.8 / 5103594.0 / 54.0 / 5
Bullwaves 4.9 / 53.5 / 56774.8 / 54.6 / 5

BlackBull

After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.

Christian Harris Christian Harris, Reviewer

BlackBull quick facts

Demo Account
✔Yes
Instruments
CFDs, Stocks, Indices, Commodities, Futures, Crypto
Regulator
FMA, FSA
Platforms
BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD

Pros

  • With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.
  • BlackBull is a much greater fit for aspiring traders following the overhaul of its ECN Prime account, now featuring improved spreads averaging 0.16 on EUR/USD and a more accessible minimum deposit of $0 compared to the old $2,000.
  • After partnering with ZuluTrade and Myfxbook, alongside improvements to its own CopyTrader, and finally enabling cTrader Copy, BlackBull offers one of the most comprehensive copy trading experiences we've seen.

Cons

  • Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.
  • Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.
  • Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.

Markets.com

Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts.

Christian Harris Christian Harris, Reviewer

Markets.com quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds
Regulator
ASIC, CySEC, FSCA, BVI FSC
Platforms
Web Platform, MT4, MT5, TradingCentral
Minimum Deposit
$200
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK, CHF, PLN, CZK

Pros

  • Within the 2,200+ CFDs, Markets.com offers thematic baskets like the Warren Buffett Blend and Cannabis Blend, which behaved like ready-made mini-ETFs during testing, saving the work of balancing weights manually.
  • Switching between the proprietary web platform (great for alerts and quick analysis) and MT5 (strong for algorithmic EAs) was smooth in our tests; positions synced across desktop, web, and mobile without gaps or re-quotes.
  • Markets.com provides commission-free trading on most assets with spreads starting from around 0.6 pips on major forex pairs, making it cost-effective for casual traders.

Cons

  • Inactivity charges kick in after just 3 months, while variable spreads are wider than top ECN brokers during testing, which may deter day traders and high-frequency traders.
  • While CySEC and FSCA oversight is solid, the SVGFSA and BVIFSC entities offers 1:500 leverage under a light-touch framework, meaning protections like compensation schemes and strict conduct rules lag behind the strictest regulatory standards.
  • During sign-up, we hit unclear account type explanations and got stuck in an email verification loop that locked us out for an hour - way less streamlined than other brokers we’ve tested.

FXCC

FXCC continues to prove itself an excellent option for day traders with a particularly strong selection of 70+ currency pairs, ultra-tight spreads from 0.0 pips during testing, and a free VPS for qualifying traders.

Jemma Grist Jemma Grist, Reviewer

FXCC quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto
Regulator
CySEC, MISA
Platforms
MT4, MT5
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD

Pros

  • Customer support still relies on human agents with response times of under three minutes on live chat during our tests and knowledgeable reps - a welcome break from the frustrating AI chatbots increasingly offered by brokers.
  • FXCC has stepped up its offering over the years, adding MT5 to its suite of platforms, hundreds of stocks and more cryptos to its product line-up, plus a copy trading feature and greater margin trading opportunities.
  • The free VPS for qualifying traders and the ability to build or buy EAs on MetaTrader make FXCC a strong option for algo traders.

Cons

  • Although FXCC has bolstered its range of markets with US, European and Asian stocks, the choice of metals and energies is light, and there are no soft commodities.
  • Although the economic calendar has benefited from a facelift, FXCC still offers very little in terms of market research beyond basic daily technical analysis and aggregated market news, with no tools like Autochartist or social sentiment data.
  • Although regulated by the CySEC, FXCC’s offshore entity operates with weak regulatory oversight from MISA and may not provide safeguards like investor compensation in the event of broker insolvency.

Vantage

Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly.

Jemma Grist Jemma Grist, Reviewer

Vantage quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
Regulator
FCA, ASIC, FSCA, VFSC, CIMA
Platforms
ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$50
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN

Pros

  • The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side (Pro ECN account)
  • The broker has made efforts to expand its suite of CFDs providing further trading opportunities
  • The app was upgraded in 2026 with wider asset visibility bringing together balances across Contract, Copy, and Funding accounts on one screen

Cons

  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
  • A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests

FP Markets

FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.

Christian Harris Christian Harris, Reviewer

FP Markets quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Regulator
ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
Platforms
Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • FP Markets has integrated top-notch research tools from Trading Central and Autochartist, helping traders identify short-term opportunities based on chart patterns, indicators, and other technical factors.
  • AI-powered sentiment analysis, trading signals and real-time NewsIQ research, integrated with MT4 and MT5, has been added via FP Markets Intelligence.
  • With MetaTrader, cTrader, Iress and more recently TradingView, FP Markets is one of the most accommodating brokers in terms of platform choice.

Cons

  • FP Markets trails the best MetaTrader brokers, despite offering a Trader's Toolbox on MT4, just 130 instruments are available, limiting opportunities for serious traders, especially compared to Pepperstone with its 1,300 assets.
  • FP Markets’ Iress platform is only available to clients in Australia. It also primarily emphasizes stock trading over forex trading, and data fees can accumulate rapidly unless you're an active trader or maintain a high-balance account.
  • While pricing in the Raw account is excellent, spreads in the Standard account trail the cheapest brokers with a 1.1-pip average spread on the EUR/USD compared to the 0.8-pip average at IC Markets.

Bullwaves

Bullwaves may appeal to aspiring day traders looking for the MetaTrader charting platforms with a growing suite of research tools, including AI-powered market analysis. However, the limited track record and weak regulatory credentials raise questions about its reliability.

Christian Harris Christian Harris, Reviewer

Bullwaves quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Commodities, Stocks, Indices, ETFs, Crypto
Regulator
FSA
Platforms
MT5
Minimum Deposit
$100
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP

Pros

  • Bullwaves now offers copy trading, allowing users to replicate the moves of traders across 900+ strategies with thin spreads from 0.01 pips.
  • USDT deposits and withdrawals are facilitated, in addition to regular bank cards, bank wire transfers, and an e-wallet.
  • Registering on the Bullwaves website and setting up an account is super smooth, only taking a few minutes based on tests.

Cons

  • Day traders and scalpers will likely prefer the VIP or ECN accounts, but these require significantly higher starting deposits ($3,000 and $5,000) compared to many brokers offering similar trading conditions with lower entry barriers.
  • Bullwaves operates without strong regulation in major jurisdictions, holding a license with one lower tier regulator, the Seychelles FSA, meaning it lacks oversight from reputable authorities to ensure compliance with strict financial standards.
  • Customer support performed poorly during our initial tests with no 24/7 chat support as advertised, and no response to our email queries, though it performed much better in our latest round of tests with most queries getting answers same-day.

See all Brokers

What Is End Of Day Trading?

An end of the day trading strategy simply means to make trading decisions very near to, or after the markets close. Whereas day traders watch charts all day, opening and closing trades when they choose, end of day traders typically trade at the close or the open.

Some stocks and ETFs can also be traded after hours, depending on the broker and venue, but liquidity may be lower, spreads may be wider and orders may be harder to execute at the expected price. The SEC highlights these as key extended-hours trading risks.

End of day trading can reduce the temptation to react to intraday news and price noise, though traders remain exposed to overnight announcements, earnings releases and market gaps. End of day trading setups allow you to cut out the noise, can often lead to cheaper rates, and enable you trade with limit or stop orders. Although it is sometimes discussed alongside day trading, end-of-day trading often overlaps with swing trading, especially when positions are held overnight. This strategy is useful for people who want to continue working their day job, though they will need to understand how their broker applies relevant day trading rules.

What Time Does End Of Day Trading Start?

Before we get into the details, let’s first look into when end of day trading starts. The correct definition for ‘end of day’ trading depend on which markets you are trading, whether in the UK or elsewhere. For shares and ETFs, it is usually tied to the relevant exchange close. For forex, it is more often tied to a broker’s daily candle close or the end of a major trading session.

For forex, “end of day” is less straightforward than for equities because spot FX trades across a decentralised 24-hour market during the trading week. However, liquidity and volatility often concentrate around the major regional sessions, especially London, roughly 8am to 4pm UK time, New York, roughly 8am to 5pm Eastern Time, and the London–New York overlap, roughly 1pm to 4pm UK time. Traders may therefore plan entries and exits around session closes or around their broker’s daily candle close.

In general, traditional day trading is when you see more market participants which leads to higher liquidity. However, end of day trading often sees a high volume of activity as many traders unwind their positions and close trading for the day.

So, to figure out what time day trading ends, check your local markets of interest.

Strategy Example

Placing your orders at the end of a trading day means you can still use the same intraday strategies. Many traders use swing trading on stocks or forex, using the end of day method. It’s simply the timing of when you place your trades that is different.

The best end of day trading methods use software to implement strategies. The system will create pending orders for the next day while time is effectively paused (i.e. when no trades are occurring).

One common end-of-day forex method is breakout trading. Traders use this approach to try to enter when price moves out of a low-volatility range. The aim is to catch the early part of a larger move, but false breakouts are common and results depend heavily on market conditions, execution and risk management.

Breakout traders aim to enter when a quiet market begins to expand into a stronger move. This can sometimes capture the early part of a trend, but false breakouts are common and losses can accumulate if the strategy is not tested and managed carefully.

To trade a breakout, you need to wait for a low volatility range to form. You then enter a trade on the first move outside the range that has formed. Here is an example.

End of day trading strategies
Breakouts

The key to breakout trading is that you have larger winning trades than you have losing trades. To help achieve this, you can place a stop-loss. A stop-loss can help define risk, but it does not guarantee execution at the chosen price. Traders should also account for slippage, gaps and changing liquidity.

Some traders place stops beyond the range or use volatility-based measures such as recent average movement. There is no universally optimal percentage stop-loss; the appropriate level depends on the currency pair, timeframe, volatility and the trader’s risk tolerance. For example, many traders measure between a 0.5% and 2% move of the currency and place the stop-loss there – many consider 1.5% a good level to keep the win rate high.

How to end of day trade
Risk limits

You also want to put a profit target on the next major level. To identify this level, you can look at a weekly chart for the nearest support and resistance level.

How to start end of day trading
Profit targets

Benefits Of End Of Day Trading

There are several benefits to the end of day trading:

  • Convenience – The process of end of day trading can be more convenient compared to intraday investing. If you have a full-time job, you don’t need to watch the markets all day. Because your analysis starts when the rest of the markets are closing, it means that it does not interfere with your regular job. You can place your orders to go live at the end of the trading day. Your positions will be left open overnight. But your trade adjustments, such as moving your risks to break even, or adjusting the profit levels are easier to manage.
  • Cheaper rates – If you are trading stocks or futures, for example, you may need to pay fees for intraday data. You may also pay other fees such as transaction costs and a software charge. End of day trading is all about trading with closing prices. Many online brokers do not charge for this service. Because the end of day prices are widely available from everywhere, you do not have to pay additional sums to gain real-time market data. Scanning tools are also relatively cheaper when it comes to end of day trading.
  • Limit or stop orders – End of day trading means you’ll likely need to use limit or stop orders. Some online brokerages charge a higher fee when you trade with market orders. This is because the execution costs are high. Resting limit orders can add liquidity and may attract different pricing on some venues, but this depends on the broker, market and order type. A marketable limit order may execute immediately and remove liquidity.
  • Discipline – End of day trading can make you more disciplined. You are using just a few hours a day to analyse the markets to create a trading plan. Because your attention is more focussed, the temptation of overtrading and the emotional influences of daily news announcements should be reduced.

Downsides Of End Of Day Trading

Despite some benefits, there are several downsides to end of day trading:

  • Missing overnight developments – The biggest risk is that you are trading when the markets are less active. This puts you at risk of overnight market developments. For example, when earnings are released, prices tend to gap significantly. Because you are trading just once a day, at the closing hours of the markets, it can leave your positions vulnerable to overnight market movements.
  • Less active risk management – With day trading you can manage your risk efficiently. This is because you are constantly monitoring the markets. This isn’t the case with end of day trading. There’s a chance you’ll make huge profits, but an equal or greater risk your stops may be triggered before you have a chance to adjust your risk settings, and in fast or gapping markets they may execute at a worse price than expected..
  • Liquidity – You are also at risk of reduced liquidity with end of day trading. As a result, there is a chance that your limit orders will not be triggered at the price you wanted.
  • Earnings season – Earnings timings are something to be wary of when end of day trading. Because most companies tend to release their earnings before the market opens or after the market closes, you can expect to see pre-market and after-market pricing turn volatile.

How To Get Started End Of Day Trading

As with all trading strategies, you first need to find a top broker and fund your account to access daily prices, charts and risk tools. It’s also always worth comparing spreads, platform features, mobile signals and customer support during end of trading hours.

Final Word

End of day trading is a convenient method for anyone who wants to continue working their regular day job. End of day trading allows you to cut the noise and use limit or stop orders to control your trades. It may also reduce the need for real-time data, but traders should still account for spreads, slippage and overnight risk. Make sure you also use a top broker to get started end of day trading.

FAQ

What Is The Difference Between Intraday And End Of Day Trading?

Intraday trading is when forex traders place orders, or open and close positions, while the local market is open. End of day trading is a strategy whereby traders make forex decisions very near to, or after the markets close.

What Is The Best End Of Day Trading Software?

Any top broker will provide you with the best software to support an end of day trading strategy. Look for a broker that provides access to charts, trading signals and risk tools, such as stop losses and limit orders. These will support your technical analysis and may help you become a successful forex trader.

Can You Day Trade At Night?

Overnight trading is the trading that takes place outside of normal trading hours. Bonds have extended trading hours and overnight trading can take place on stocks between 4 am and 9:30 am (when the exchanges open) and 6 pm (when the exchanges close) and 8 pm.

Does High Frequency Investing During End Of Day Trading Affect The Markets?

High-frequency trading and end-of-day price dislocation can affect the markets. Firstly, more competition is accompanied by high-frequency trading and larger volumes, which improve market liquidity. Secondly, more competition may mean that high-frequency traders adapt their strategies and engage in more speculative trades, which can impact market liquidity.

Can You Trade At The End Of The Trading Day With Robinhood?

Robinhood offers extended-hours trading. This means you’ll be able to trade during pre-market and after-hours sessions. That equals an extra two and a half hours of market access, each day.

Can You Trade ETFs With End Of Day Trading?

Trading for stocks and ETFs typically closes at 4 pm ET, but unlike with mutual funds, you can continue trading stocks and ETFs in the after-hours market.