BEST DAY TRADING PLATFORMS

The three most popular trading platforms in the Russian-speaking scalping community are CScalp, QScalp and TigerTrade. In this article we will talk about the best trading platforms for day traders.

We can definitely tell you that scalping is not a hobby - it's a profession. Scalper's workplace is the trading platform. Scalper spends eight hours a day at the computer. That is why traders should carefully choose its main instrument for the profession. The workplace should be comfortable and fit all the requirements of a scalper.

CScalp, QScalp and TigerTrade are scalping platforms. They have similar functionality and features which are necessary for the full operations of a scalper. Let's talk about their features and functionalities.

CScalp trading features:

• Dynamic DOM;
• Trades visualisation;
• Clusters;
• Trades history;
• Flexible configuration of hotkeys;
• Trading multiple tickers at the same time;
• Ability to use multiple accounts.

CScalp has three theme choices – classic, "night" and "blue". The user will be able to choose the color mode that is most comfortable for the eyes.

QScalp features:

• DOM with auto-centering order book;
• Trades visualisation;
• Trades journal;
• Market sentiment indicator;
• Emulator for executing orders and recording trades;
• Artificially created correlation instrument.

On the official QScalp website, you can download color modifications of the platform to choose the background.

TigerTrade features:

• Chart and order book;
• Trades visualisation;
• Trades history;
• Quotation table;
• Two analytical modules;
• Emulator and trades history player;
• Risk management tools.

CScalp, QScalp and TigerTrade have only a desktop version for Windows OC. However, this is not a lack of functionality. Scalping is not possible on a mobile phone.

The CScalp team has created a special bot in Telegram for more comfortable trading. Bot is able to generate reports, check positions and orders, select cryptocurrencies for trading and it's not all.

With the help of Telegram bot, you can get or restore the license of CScalp. Read more about it here.

Traders often forget to close orders at the end of the trading session. Scalpers usually work using several accounts, that is why sometimes they forget to close a position.Thanks to "CScalpbot", you can check the availability of open orders in one click. Read more about this feature.

Also "CScalp" bot is able to generate reports on the trading session and track the most active instruments on exchanges and send TOP-5 movements for the last hour. Bot prepares the top instruments according to price movements on cryptocurrency exchanges 24/7. Reports of Moscow Exchange depend on the working schedule. Learn more about creating reports and tracking instruments.

One more feature that helps you trade calmly is alerts about the increase or decrease of the price of any instruments. Select the instrument you need, then specify the price, put a notification and trade. Thanks to bot, there is no need to constantly monitor tickers. Moreover, the number of alerts is not limited. Read more about how to use it here.

Also we have implemented Trader's Diary service. Trader's diary is a service for storing and analyzing trading history from the CScalp team. The main task of the diary is to teach traders not only to store their trades, but also to analyze them, find and correct mistakes.

The last feature (at the moment) of Telegram bot is creating an account on Trader’s Diary via email. And ability to track trades history of someone that gave you Read-Only API keys.This feature is useful for trading teachers.

Via CScalp and TigerTrade, the user can trade on stock and cryptocurrency exchanges. QScalp only supports Moscow Exchange.

CScalp connections:

• Binance
• Bitfinex
• BitMEX
• FTX
• Bybit
• EXMO
• OKX (OKEx)

TigerTrade connections:

• Binance
• BitMEX
• Bitfinex
• Bybit
• Deribit
• hitBTC

CScalp, QScalp and TigerTrade are able to get connected via QUIK, Transaq and SmartCom for stock exchanges. In the case of QScalp, connection to MOEX is also possible via Rithmic and Plaza 2.

QScalp and TigerTrade are not free. You can get into QScalp and TigerTrade for free due to a 14-day trial period. Then, you need to buy a subscription (or buy a perpetual license in the case of QScalp).

CScalp is a free version of Privod Bondar for private traders. You don't need to pay for downloading and using it. All you need to get a platform is to enter your email and wait for a letter with a perpetual license key and an installation file. Download, install, connect to the exchange – trade!

QScalp Pricing:

• 950₽ - month;
• 5500₽ (+ 1500₽ for the PirateTrade history log) - six months;
• 9500₽ (+ 2500₽ for the PirateTrade history log) - year;
• 29,700₽ - perpetual license.

TigerTrade pricing:

• 49$ - month;
• 124$ – three months;
• 224$ – six month;
• 399$ - year.

For the history player feature you need to pay separately. TigerTrade provides a free license for trading on Binance, Bybit and Deribit. but there are two things.The first is that the license is valid for only 90 days. Secondly, in order to get the license, you need to open a new account on these exchanges.

The CScalp team has created not just a free scalping platform, but also a whole community of traders. We discuss the past trading sessions, share our experience with newcomers and just communicate in Telegram, VKontakte and Facebook.

We have created :

• Official CScalp news channel;
• General chat
• Trader Signals channel for posting and discussing crypto ideas.

Read more about Telegram chats here.

On the forum, our users can share their thoughts and ideas for improving CScalp. The idea is submitted to the users “vote". If the proposal is supported by a majority of those who voted, the developers will definitely take a look at it.

Morning briefings are held every day on the CScalp YouTube channel, where the trader talks about the situation on the stock and cryptocurrency markets: what instruments should be expected to move, what should be monitored, and tells about the latest news and market trends. Our specialists also conduct streams on TradingView.

In addition, on our YouTube channel you can find video tutorials of setting up the platform.