The 6 Best Active Trader Pro Alternatives

Active Trader Pro is a popular trading platform among traders for its extensive features and insights. Yet, many users find the platform lacking in stability and reliability.

Glitches can disrupt trading sessions, leading to missed opportunities or potential losses.

The need for better performance is driving traders to explore alternatives. 

Moreover, some active traders demand more advanced charting and analysis tools, which they don't always find in Active Trader Pro.

This search for superior software solutions has led us to create a list of the top trading platforms and the best Active Trader Pro alternatives, each offering unique advantages and functionalities.

Today, we’re going to discuss the six best Active Trader Pro alternatives, with the aim of helping you find the best trading platform for your needs. 

Contents

• Key Takeaways
• 6 Best Alternatives to Active Trader Pro
• Alternative #1: thinkorswim
• Alternative #2: E*Trade Web Platform
• Alternative #3: MetaTrader 5
• Alternative #4: eToro
• Alternative #5: TradingView
• Alternative #6: TT Platform
• What to Look for in an Active Trader Pro Alternative?
• What Is the Best Active Trader Pro Alternative?
• The Best Active Trader Pro Alternatives: Final Thoughts
• Frequently Asked Questions

Key Takeaways

• thinkorswim provides advanced tools like thinkScript and over 400 technical indicators for robust market analysis.
• E*TRADE combines an intuitive interface with commission-free trades and extensive educational resources.
• MetaTrader 5 offers powerful automation tools with Expert Advisors and a multi-threaded strategy tester.
• eToro emphasizes social trading with features like CopyTrader and a collaborative community.
• TradingView excels in advanced charting, Pine Script customization, and a global social network for traders.
• TT Platform delivers professional-grade tools like Autospreader and comprehensive global market access.

6 Best Alternatives to Active Trader Pro

1. thinkorswim
2. E*Trade Web Platform
3. MetaTrader 5
4. eToro
5. TradingView
6. TT Platform

Alternative #1: thinkorswim

thinkorswim, a trading platform developed by TD Ameritrade and now part of Charles Schwab, is renowned for its advanced tools and analytics, making it a favorite among active and professional traders. 

This platform supports trading across multiple asset classes, including stocks, options, futures, and forex, catering to various trading strategies and preferences.

thinkorswim offers a robust suite of features designed to empower traders with in-depth market analysis. Its advanced charting tools include over 400 technical indicators, customizable chart types, and a proprietary scripting language called thinkScript, which allows users to create custom indicators and automate trading strategies.

The platform also includes real-time streaming data, paperMoney for risk-free strategy testing, and tools like Stock Hacker and Trade Flash for identifying market opportunities. With multi-platform accessibility through desktop, web, and mobile versions, thinkorswim ensures seamless trading experiences for users, whether they're at home or on the go.

Here’s what thinkorswim brings to the table in terms of features. 

thinkorswim Features and Benefits

thinkorswim provides extensive features designed to enhance trading efficiency and streamline market analysis. These tools cater to traders of all skill levels, making it one of the most comprehensive platforms available.   

Below are the most prominent features, refined and expanded for a better understanding.

Advanced Charting and Studies

thinkorswim offers over 400 technical studies, providing traders deep insights into market trends and potential trading opportunities. These studies help identify critical entry and exit points, empowering traders to make informed decisions.

Customization options allow users to tailor chart appearances and integrate multiple studies simultaneously, creating a personalized view of market data. Traders can overlay technical indicators, such as moving averages, Bollinger Bands, or MACD, and adjust their parameters for greater precision in analysis.

Unique chart types, such as Renko and Monkey Bars, add versatility and cater to traders with specialized strategies.

Customizable Watchlists and Alerts

thinkorswim enables traders to set up and save fully customized watchlists, offering a clear way to track stocks, ETFs, or other instruments relevant to their trading strategies. 

These watchlists can seamlessly link to charts for real-time graphical insights, ensuring that traders can quickly identify trends and opportunities. 

Moreover, the platform provides pre-populated public watchlists, which are ideal for beginners looking for a ready-to-use starting point.

Alert features notify traders of significant price movements or technical triggers, allowing them to act promptly on market opportunities.

Sophisticated Trading Tools and Order Entry

thinkorswim supports various order types, including advanced strategies like conditional orders, OCO (One Cancels Other), and multi-leg options trades. 

The Active Trader ladder provides a streamlined interface for rapid trade execution, essential for day traders and scalpers.

Customizable order templates further simplify the trading process. Users can save preferred setups for future use, saving time and reducing errors.

For options traders, thinkorswim offers detailed options chains with tools to analyze the Greeks, implied volatility, and risk-reward scenarios. Its thinkScript integration enables the creation of custom strategies for more tailored trading.

PaperMoney Virtual Trading

One standout feature of thinkorswim is its PaperMoney virtual trading platform. This tool provides a risk-free environment where traders can test strategies and refine skills using simulated funds under real-market conditions. 

Whether you're a beginner practicing fundamentals or an advanced trader backtesting a new strategy, PaperMoney offers invaluable learning opportunities.

Real-Time Data and Market Insights

thinkorswim delivers streaming real-time data across multiple asset classes, ensuring traders are always up to date with market movements. 

Integrated tools like Trade Flash and Schwab Network provide live market commentary, analyst upgrades, and actionable insights, enabling informed decision-making in dynamic conditions.

Broad Asset Class Accessibility

The platform supports trading in various asset classes, including stocks, ETFs, options, futures, and forex.  

This diversity makes thinkorswim suitable for traders with varied goals, from intraday scalping to long-term investing. Additionally, 24/5 trading capabilities allow users to participate in global markets beyond standard trading hours.

Let’s find out what thinkorswim pricing is like.

thinkorswim Pricing

thinkorswim, offered through Charles Schwab, features competitive and transparent pricing designed to meet the needs of active traders. Online trades for listed stocks and ETFs on U.S. exchanges are commission-free, while broker-assisted trades incur a $25 service fee. 

Options trading costs include a $0 base commission and $0.65 per contract, with no additional fees for exercised or assigned options. Over-the-counter (OTC) equities are priced at $6.95 per trade online, plus a $25 fee for broker-assisted trades.  

Mutual funds accessed through Schwab’s Mutual Fund OneSource are transaction-fee-free, but short-term redemption fees of $49.95 apply to funds held for 90 days or less.  

Schwab’s account setup is highly accessible, with no maintenance fees or account minimums for most accounts. Managed options, such as Schwab Intelligent Portfolios, require a $5,000 minimum, while premium advisory services have higher thresholds and variable fees based on portfolio size.

Learn how to use trading platforms with Photon Trading. 

Alternative #2: E*Trade Web Platform

E*TRADE Web Platform, a part of Morgan Stanley, is a sophisticated trading platform that offers a full suite of tools and resources for investors of all experience levels.  

The platform supports a diverse range of investment products, including stocks, ETFs, mutual funds, and options. All are available with $0 commissions for online U.S.-listed trades. A competitive fee of $0.65 per contract is charged for options trades, with discounts available for active traders.

ETRADE Web Platform stands out with its intuitive interface and dynamic features designed to streamline the trading experience. 

Users benefit from robust analytical tools, real-time data, and customizable watchlists, making tracking market trends and executing trades easier. The platform integrates with ETRADE’s mobile app for seamless access, enabling trading on the go.

Additionally, investors have access to extensive educational resources, market insights, and equity research provided by Morgan Stanley. 

For those seeking managed options, the Core Portfolios feature offers automated investment management with low fees and a $500 minimum. With its combination of advanced trading tools, cost-effectiveness, and robust support, E*TRADE Web Platform provides a versatile and user-friendly solution for modern investors.

Let’s discuss its main features. 

E*Trade Web Platform Features and Benefits

The E*TRADE Web Platform, Morgan Stanley's flagship offering, delivers a comprehensive suite of tools and features designed to cater to investors across the spectrum, from novices to seasoned professionals. With a focus on usability and advanced trading capabilities, the platform provides a robust trading experience. 

Below are the key features and benefits:

Automated Investment Management

The Core Portfolios feature offers automated investment management, combining cutting-edge technology with expert oversight to optimize investments. This hands-off approach is ideal for users seeking passive investment strategies.

Core Portfolios adapt dynamically to market conditions, ensuring portfolios remain aligned with long-term goals. With a low annual advisory fee of 0.30% and a minimum investment of $500, this service offers accessible and cost-effective wealth management.

$0 Commission Trades

E*TRADE eliminates commission fees for online trades of U.S.-listed stocks, ETFs, mutual funds, and options, making investing more affordable. This cost-effective model encourages active trading while maintaining transparency. Options traders benefit from a competitive $0.65 per contract fee, with discounts available for frequent trades.

Elite-Level Futures Trading

The platform supports advanced futures trading, enabling users to react swiftly to market fluctuations. Through the Futures Ladder on Power E*TRADE, users can directly place, modify, or cancel orders with minimal effort. This feature is tailored to meet the needs of experienced traders, offering real-time execution and risk management tools.

Market Insights and Research

E*TRADE provides investors access to timely market analysis and proprietary Morgan Stanley equity research. This includes dynamic charts, real-time data, and expert insights to inform trading decisions. The platform's educational resources empower users to develop strategies and enhance their market understanding.

Retirement Planning and Savings Accounts

The platform also offers specialized tools for retirement planning, including IRAs and automated savings accounts with competitive annual percentage yields (APY). The Premium Savings Account features an APY of up to 4.10%, providing a secure way to grow savings.

Let’s talk about what the E*Trade Web Platform is going to cost you to trade with. 

E*Trade Web Platform Pricing

The ETrade Web Platform features a competitive and transparent fee structure designed to accommodate various trading needs. Online trades for US-listed stocks, ETFs, and mutual funds are commission-free, making trading more accessible.  

Options trading incurs a contract fee of $0.65, which is reduced to $0.50 for traders executing 30 or more trades per quarter. Futures contracts are priced at $1.50 per contract, while bond trades cost $1.00 per bond, with a minimum of $10 and a maximum of $250. 

Also, the platform supports a Dime Buyback Program, allowing traders to close short options priced at $0.10 or less with no contract fee, further enhancing cost efficiency for active traders. This fee structure reflects ETrade's commitment to providing value and flexibility for its users.

Alternative #3: MetaTrader 5

MetaTrader 5 (MT5) is a cutting-edge trading platform renowned for its versatility and advanced features, catering to both Forex and Exchange markets. Designed to meet the needs of modern traders, MT5 offers a comprehensive suite of tools for trading, analysis, and automation, making it an industry favorite.

The platform supports trading in a wide range of financial instruments, including currencies, stocks, commodities, and indices, providing diverse opportunities for portfolio diversification. 

Its advanced charting capabilities feature 21 timeframes, over 80 technical indicators, and customizable analytical tools, allowing traders to perform in-depth market analysis with precision.

For automation enthusiasts, MT5 incorporates Expert Advisors (EAs) and a built-in programming language, MQL5, enabling the creation of sophisticated trading algorithms and custom indicators. Additionally, the platform supports multi-threaded strategy testing for optimal performance evaluation.

With features like real-time news updates, an economic calendar, and integrated copy trading, MetaTrader 5 empowers traders to make informed decisions, adapt to dynamic markets, and enhance their trading efficiency. 

Let’s now see what features MetaTrader 5 brings to the table. 

MetaTrader 5 Features and Benefits

Packed with diverse features, MT5 enhances trading efficiency and empowers users to conduct in-depth market analysis through the following tools:

Automated Trading

MetaTrader 5 supports advanced automated trading through its MQL5 Integrated Development Environment (IDE). Traders can create, test, and deploy trading robots (Expert Advisors) to execute trades automatically based on predefined rules and strategies. 

The platform also offers access to the MQL5 Market, a marketplace featuring an extensive collection of trading robots, custom indicators, and scripts to complement and optimize trading strategies.

Moreover, the built-in strategy tester allows traders to evaluate and refine their automated systems across multiple timeframes and datasets, ensuring maximum performance and reliability.

Comprehensive Analysis Tools

MT5 provides robust analytical tools to facilitate both fundamental and technical market analysis. 

With 38 built-in indicators, 44 graphical objects, and customizable charts across 21 timeframes, the platform enables traders to gain detailed insights into market trends and patterns.  

Fundamental analysis tools, such as an economic calendar and real-time news feed, further equip users with valuable data to predict potential market movements. This combination of fundamental and technical analysis ensures a holistic approach to trading decisions.

Versatile Trading Options

MetaTrader 5 supports various trading options to accommodate diverse strategies and objectives. Traders can utilize multiple order types and execution modes, including market, pending, stop orders, and trailing stops, ensuring precise control over trade execution. 

The platform’s support for netting and hedging systems offers flexibility in position management, making it ideal for Forex, stocks, and commodities trading. 

Furthermore, the Market Watch feature provides real-time quotes and in-depth market data, including market depth, enabling users to monitor price movements and market conditions precisely.

Additional Features

MT5 includes multi-asset support, allowing traders to manage a variety of instruments, from Forex and stocks to commodities and indices, within a single platform. 

The platform also supports multi-currency strategy testing, enabling traders to optimize performance across different currencies and markets. 

MetaTrader 5 offers synchronized desktop, web, and mobile versions for seamless trading across devices, ensuring accessibility and continuity regardless of location.

MetaTrader 5 Pricing

Although add-ons can be purchased from the MQL5 Market, MetaTrader 5 itself is generally free of cost through various brokers, although some brokers may charge fees to use it. 

Alternative #4: eToro

eToro is a versatile multi-asset trading platform allowing users to trade various financial instruments, including cryptocurrencies, stocks, ETFs, commodities, and forex. 

Renowned for its intuitive interface, eToro is designed to cater to novice and experienced traders, offering a seamless trading experience. 

One of its standout features is social trading, which enables users to follow and replicate the strategies of successful traders through the innovative CopyTrader tool. 

Furthermore, eToro provides advanced charting tools, real-time market data, and an educational hub to help traders make informed decisions. Its platform combines simplicity and sophistication, making it an attractive choice for traders worldwide.

eToro Features and Benefits

eToro offers features designed to enhance the trading experience for users of all skill levels, combining innovation with user-friendly functionality.

Multi-Asset Platform

eToro provides seamless access to a diverse range of asset classes, enabling traders to create balanced and diversified portfolios. Users can trade cryptocurrencies such as Bitcoin, Ethereum, and Solana alongside traditional financial instruments like stocks, ETFs, commodities, and forex.

The platform supports direct ownership of cryptocurrencies, allowing traders to manage their digital assets securely. This functionality is widely available, though certain restrictions apply in specific U.S. states. 

To help traders discover opportunities, eToro’s Discover Page categorizes and highlights trending assets, making identifying options aligned with individual investment goals and strategies easier.

Social Trading

eToro stands out for its focus on social trading, fostering a vibrant community where traders share insights, strategies, and market trends.

The News Feed allows users to engage with other traders, offering a collaborative environment for learning and discussion.

The CopyTrader™ feature lets you mirror the trades of top-performing investors in real time, providing a hands-on learning experience while potentially improving portfolio outcomes.

eToro’s Popular Investor Program incentivizes experienced traders to share their strategies, giving the community access to expert insights and new perspectives on market dynamics.

Virtual Portfolio

eToro offers a $100,000 demo account for users to practice trading without risking real money. This virtual portfolio allows traders to explore the platform's tools, test strategies, and familiarize themselves with various asset classes.

This feature is ideal for beginners and experienced traders alike, offering a low-risk way to refine trading techniques before transitioning to live markets.

Complementing this is eToro's suite of educational resources, including tutorials, market analyses, and webinars, which help users build confidence and develop a deeper understanding of trading principles.

Advanced Research and Tools

eToro integrates comprehensive research tools, including real-time market data, price charts, and customizable alerts to keep traders informed of market developments.

Users can access detailed performance metrics and historical data for individual assets, enabling informed decision-making.

For stock traders, the platform includes fundamental analysis tools, such as financial statements and analyst ratings, to guide investment strategies.

Let’s discuss eToro pricing. 

eToro Pricing

eToro employs a straightforward and transparent pricing structure, making it accessible for traders across various asset classes. Account opening and management are free of charge, with no hidden fees. For online trades involving stocks, ETFs, and cryptocurrencies, eToro offers competitive rates, including zero commission on stock and ETF trades. 

Cryptocurrency transactions incur a flat 1% fee, ensuring clarity in costs. CFD trades have associated spreads, which vary depending on the asset, along with potential overnight fees for positions held beyond market hours. 

Withdrawals are free for GBP and EUR accounts, while USD accounts incur a minimal $5 fee. eToro also charges a $10 monthly inactivity fee for accounts dormant for over 12 months. 

Currency conversion fees may apply based on the transaction type and account currency. Overall, eToro’s pricing model is designed to minimize costs while providing clear and predictable charges for a wide range of trading services.

Alternative #5: TradingView

TradingView is a cutting-edge platform tailored for in-depth charting, technical analysis, and market monitoring. It serves traders and investors across a wide range of asset classes, from stocks and forex to cryptocurrencies and commodities. It offers comprehensive tools to analyze and interpret market trends effectively. 

The platform’s robust charting suite includes interactive charts, over 100 technical indicators, customizable timeframes, and drawing tools that enable users to perform detailed market analysis.

One of TradingView’s standout features is its vibrant community aspect, which allows traders to share insights, publish strategies, and engage in discussions with like-minded individuals worldwide. 

This collaborative environment fosters continuous knowledge exchange, making it ideal for traders looking to refine their skills or gain new perspectives.

Furthermore, TradingView supports integration with select brokers, enabling users to execute trades directly through the platform. 

With real-time market data, extensive customization, and a focus on education and collaboration, TradingView caters to novice and experienced traders seeking a dynamic and user-friendly solution.

Let’s discuss the features that you get with TradingView. 

TradingView Features and Benefits

With advanced charting tools, a large community, and a plethora of useful platform features, here’s why TradingView is worth considering:

Advanced Charting Tools

TradingView has a versatile and intuitive charting system, offering a variety of chart types such as bars, candlesticks, and Heikin Ashi. With over 100 built-in technical indicators and drawing tools, traders can perform in-depth technical analysis tailored to their strategies. 

The ability to overlay multiple symbols on a single chart enhances comparative analysis, making it ideal for evaluating correlations between assets. Timeframe customization and real-time data further empower users to stay on top of market trends.

Pine Script™ Customization

The proprietary Pine Script™ programming language allows traders to create custom indicators, studies, and automated trading strategies. 

This feature supports backtesting capabilities, enabling users to refine their approaches before implementing them in live markets. The vibrant TradingView community actively shares scripts, fostering innovation and collaboration.

Social Trading and Community Interaction

TradingView integrates a social network for traders, offering features like idea-sharing, chart posting, and live discussions. 

Users can follow experienced traders, comment on analyses, and receive notifications about new market insights. The "Editors' Picks" section highlights notable trade ideas, ensuring continuous inspiration.

Multi-Market Access

TradingView supports diverse asset classes, including stocks, cryptocurrencies, forex, ETFs, and commodities. The platform also offers seamless integration with verified brokers, enabling direct execution of trades without leaving the interface.

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Comprehensive Market Tools

TradingView provides advanced tools such as screeners for stocks, ETFs, and cryptocurrencies. These screeners can be customized to filter opportunities based on user-defined parameters like performance, technical indicators, and volume. Heatmaps for various markets offer visual insights into trends and opportunities.

Cross-Platform Accessibility

Moreover, TradingView is available on desktop, mobile, and tablet devices, ensuring a seamless trading experience across platforms. Its cloud-based system syncs user data, enabling access to saved charts and preferences from anywhere.

Real-Time Alerts and Notifications

TradingView’s alert system ensures traders never miss critical opportunities. Alerts can be set based on price movements, technical indicator thresholds, or custom conditions, and they are delivered via app notifications, SMS, or email. 

Let’s move on and find out how much TradingView is going to cost you. 

TradingView Pricing

TradingView offers three subscription plans, Essential, Plus, and Premium, designed to meet the needs of different types of users. The plans can be billed monthly or annually, with annual payments offering a 16% discount. All plans include a free 30-day trial, allowing users to explore the platform's features before committing.

Essential

The Essential plan, priced at $12.95/month (or $155.40 annually), includes access to 2 charts per tab, five indicators per chart, 10K historical bars, 20 price alerts, 20 technical alerts, and ten parallel chart connections. This plan provides fundamental features for users who require basic charting tools without ads.

Plus

The Plus plan, available for $24.95/month (or $299.40 annually), is tailored for more advanced users. It includes four charts per tab, ten indicators per chart, 10K historical bars, 100 price alerts, 100 technical alerts, and 20 parallel chart connections. This plan suits those looking for enhanced analytical capabilities.

Premium

The Premium plan, at $49.95/month (or $599.40 annually), is designed for professionals and offers the highest level of access. Features include eight charts per tab, 25 indicators per chart, 20K historical bars, 400 price alerts, 400 technical alerts, and 50 parallel chart connections. It is ideal for traders and investors seeking maximum customization and comprehensive tools.

Alternative #6: TT Platform

The TT Platform, developed by Trading Technologies, is a cutting-edge solution tailored for professional traders who demand robust access to global derivatives markets. It supports a wide range of asset classes, including futures, options, fixed income, foreign exchange (FX), and cryptocurrencies. 

Offering state-of-the-art tools for live and simulated trading, the platform empowers traders with precision and efficiency.

At its core, the TT Platform boasts industry-leading features such as advanced charting, customizable spread trading, algorithmic trading, and options analysis. 

For API and FIX enthusiasts, the platform provides powerful integration options, enabling seamless order execution and data analysis. Its market-leading execution infrastructure ensures the fastest commercially available trading experience.

Beyond trading, TT delivers unparalleled infrastructure through its global network, ensuring speed, security, and accessibility. Integrated data tools, including machine learning-powered surveillance and compliance, enhance decision-making while adhering to regulations like MiFID II. The TT Platform is a comprehensive ecosystem designed to redefine capital markets trading.

Let’s find out why TT Platform is worth considering. 

TT Platform Features and Benefits

The TT Platform is an advanced trading solution designed to optimize efficiency and execution quality for professional traders. It integrates cutting-edge tools and comprehensive market access to provide traders with a versatile and comprehensive trading environment. 

Here’s why TT Platform stands out: 

Advanced Trading Tools

The TT Platform offers industry-leading features like Autospreader® and Autotrader™, empowering traders to design and manage synthetic spreads and customized algorithms. 

These tools are crucial for optimizing execution strategies across complex markets. Additionally, MD Trader® simplifies manual order entries with its user-friendly interface, ensuring precise and rapid execution even in volatile market conditions. 

The platform also supports a vast array of third-party algorithms, giving traders the flexibility to tailor strategies to their specific needs.

Comprehensive Market Access

TT provides seamless access to real-time and historical market data, enabling well-informed decision-making. The platform supports connectivity to global derivatives, FX, and cryptocurrency markets, consolidating multiple asset classes into a single interface. 

Excel® Linking and RTD (Real-Time Data) integration allow for efficient data analysis and the creation of custom reports, while tools like Spread Matrix and advanced charting options help traders visualize and analyze trends with precision.

Algorithmic Trading and APIs

Traders can leverage the Algo Dashboard and ADL® (Algo Design Lab) to design, test, and deploy algorithms without coding knowledge. 

This intuitive feature ensures that traders can refine strategies in simulated environments before live deployment, reducing risks. The platform also supports API access, enabling seamless integration with external systems and the development of bespoke trading applications. 

Backtesting capabilities further enhance strategy evaluation by allowing traders to test algorithms using historical data.

Sophisticated FX Trading

TT FX expands the platform’s capabilities by offering curated access to over-the-counter (OTC) foreign exchange liquidity, including more than 70 currency pairs and precious metals like gold, silver, and platinum.  

Traders can execute spot FX, basis, and hedging strategies using advanced tools like MD Trader®, Autospreader®, and ADL®. With support for sweepable liquidity venues, RFQ/RFS functionality, and advanced P&L monitoring, the platform delivers an unparalleled FX trading experience.

Enhanced User Experience

The platform's infrastructure is designed for speed, security, and accessibility, ensuring high performance.  

Additionally, TT supports integration with TT Premium Order Types for advanced execution and provides extensive support resources, including tutorials and documentation, to help users master its functionalities. 

By consolidating multiple asset classes into a single interface, the TT Platform redefines the trading experience for professionals.

TT Platform Pricing

TT Platform offers two main pricing plans, each designed to cater to different levels of trading needs and functionalities.

Here’s what to expect: 

Standard

For $750/month, the Standard Plan provides access to live and simulated trading, enabling real-time market participation and strategy testing. It supports cryptocurrency trading and offers flexible access through browser-based usage or a dedicated Windows desktop application.

Pro 

Priced at $1,650/month, the Pro Plan includes advanced tools like Autospreader® for synthetic spreads and Aggregator for optimized contract management. It also features Autotrader™ for algorithm management and ADL® with an Algo Dashboard for building and deploying custom trading strategies.

What to Look for in an Active Trader Pro Alternative?

When considering alternatives to Active Trader Pro, evaluate criteria such as the user interface, trading tools, and market access.

Here’s how to choose the best Active Trader Pro alternative for your needs. 

User Interface

When selecting an alternative to Active Trader Pro, prioritize a platform with an intuitive and user-friendly interface. A well-designed interface not only simplifies navigation but also enables faster execution of trades, which is crucial for active traders who need to react quickly to market changes.

Trading Tools

Advanced trading tools are essential for developing and refining your strategies. Look for platforms that offer robust charting capabilities, customizable indicators, and comprehensive analysis tools. These features provide valuable insights and allow for tailored approaches to your trading goals.

Market Access

Ensure the platform grants access to the markets you wish to trade, whether it's stocks, forex, cryptocurrencies, or other asset classes. A diverse range of market access options empowers traders to diversify their portfolios and seize opportunities across different sectors.

Community And Support

A strong community and responsive support system can significantly enhance your trading experience. Being part of an active trading community allows you to share insights, learn from others, and stay informed about market trends. Additionally, prompt and efficient support ensures any issues or queries are resolved quickly.

Education And Resources

Comprehensive educational materials and mentorship opportunities are valuable resources for traders of all levels. Look for platforms that offer tutorials, webinars, and in-depth guides to help you enhance your trading skills and make informed decisions based on market analysis.

For the best trading education, sign up with Photon Trading. 

What Is the Best Active Trader Pro Alternative?

The table below compares the overall scores of each alternative based on key criteria:

Platform	User Interface	Trading Tools	Market Access	Community & Support	Overall Score
thinkorswim	4.7	4.8	4.7	4.5	4.6
E*Trade Web Platform	4.5	4.4	4.6	4.4	4.5
MetaTrader 5	4.6	4.7	4.5	4.3	4.5
eToro	4.4	4.3	4.6	4.6	4.5
TradingView	4.8	4.9	4.4	4.7	4.6
TT Platform	4.5	4.6	4.7	4.5	4.6

The Best Active Trader Pro Alternatives: Final Thoughts 

When searching for the best Active Trader Pro alternative, it’s essential to assess your specific trading needs and align them with the unique features offered by each platform. 

Whether you prioritize advanced charting tools, seamless market access, algorithmic trading, or a supportive community, each alternative we’ve highlighted excels in its own way. 

thinkorswim stands out for its advanced analytics and broad asset class coverage, while TradingView shines with its innovative charting and vibrant social trading network.  

MetaTrader 5 is ideal for those seeking automation and multi-asset flexibility, and eToro offers a robust social trading experience. The TT Platform is perfect for professional traders who demand precision and efficiency, while E*TRADE provides an intuitive, cost-effective option for investors of all levels. 

By thoroughly considering user interface, trading tools, market access, and educational resources, you can find the platform that complements your trading goals. Each alternative has been carefully chosen to offer stability, innovation, and efficiency. 

Take advantage of free trials or demo accounts to explore the platforms firsthand and ensure they meet your expectations. With the right tools, you’ll be well-equipped to succeed in today’s fast-paced markets.

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Frequently Asked Questions

How Do I Test These Platforms Before Committing?

Many platforms, such as thinkorswim, TradingView, and eToro, offer free trials or demo accounts. These allow you to explore features and practice trading strategies in a simulated environment, ensuring the platform meets your needs before making a commitment.

Which Platform Is Best for Algorithmic Trading?

MetaTrader 5 and TT Platform are excellent choices for algorithmic trading. MetaTrader 5 offers tools like Expert Advisors and MQL5 for building custom algorithms, while TT Platform provides ADL® and an Algo Dashboard for non-coders to design and deploy strategies.

Can I Access Multiple Asset Classes on One Platform?

Yes, platforms like thinkorswim, MetaTrader 5, and eToro support trading across multiple asset classes, including stocks, forex, options, and cryptocurrencies. This feature allows for diversified portfolios and strategic flexibility.

What Are the Costs Associated with These Platforms?

Costs vary depending on the platform. Some, like eToro and TradingView, offer free basic plans or low-cost options. Others, such as TT Platform, cater to professionals with pricing starting at $750/month. Review the pricing structure to ensure it aligns with your budget and trading frequency.

How Do These Platforms Handle Customer Support?

Most platforms provide responsive customer support through live chat, email, or phone. Additionally, platforms like TradingView and eToro have strong communities where users share insights and troubleshooting tips, offering an extra layer of support.

Are These Platforms Suitable for Beginners?

Platforms like E*TRADE and eToro are particularly beginner-friendly, offering intuitive interfaces and extensive educational resources. Features like demo accounts and tutorials help novice traders build confidence and develop skills before transitioning to live trading.