Beginner Trading Hardware: What You Need To Start
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For beginner traders, it is recommended to use a laptop with a 15-17 inch screen and Full HD resolution, 16 GB of RAM and a battery life of 6-8 hours. Smartphones and tablets are suitable for monitoring positions, but not for full-fledged trading due to limited functionality. Investment in equipment should be related to your trading capital; for beginners, it is reasonable to limit spending on a trading computer to $1,000 to $1,500.
To start trading successfully, it is important to choose the right equipment that will ensure stable operation and convenient data analysis. The variety of trading devices - from desktop computers to smartphones - allows traders to choose solutions depending on their goals and budget. This article will help you understand the key characteristics of the equipment and choose the best option. You will learn which devices are suitable for beginners, how to evaluate their performance and what to pay attention to when buying. The recommendations provided are based on current data and the needs of novice traders.
Beginner trading hardware guide
There are several different options for you to choose from when it comes to trading hardware. However, there are only three devices you need to carefully analyze when deciding on a device to trade on:
the desktop computer;
the laptop;
the smartphone.
Trading computer
A desktop computer provides high performance and stability, which is important for effective trading. Key features:
Processor. It is recommended to choose modern multi-core processors, such as Intel Core i7 or AMD Ryzen 7, for fast data processing and working with several applications simultaneously.
RAM. At least 16 GB, which will allow you to effectively work with charts and analytical programs.
Storage. An SSD drive with a capacity of 512 GB or more will ensure fast loading of the system and programs.
Video card. A mid-range discrete video card, such as NVIDIA GeForce GTX 1650, is sufficient for displaying charts and connecting multiple monitors.
Monitors. For convenience, it is recommended to use two or more monitors with a diagonal of 24 inches and a resolution of Full HD or higher.
A desktop computer is suitable for traders working from one place and requiring maximum performance and the ability to expand the system.
Trading laptop
A laptop provides mobility and allows you to trade anywhere with Internet access. When choosing, pay attention to the following parameters:
Processor. Intel Core i7 or AMD Ryzen 7 to ensure the required speed.
RAM. 16 GB or more for stable operation of trading platforms.
Storage. SSD with a capacity of 512 GB for fast loading and storage of data.
Display. Screen with a diagonal of 15-17 inches and a resolution of Full HD or higher for comfortable viewing of charts.
Autonomy. Battery life of at least 6 hours, which will allow you to work without a constant connection to the network.
Ports. Availability of USB, HDMI and other ports for connecting external devices and monitors.
Suitable models include the Dell XPS 15 or Lenovo ThinkPad X1 Carbon, which combine performance and portability.
Smartphone/tablet
Smartphones and tablets provide maximum mobility, allowing you to monitor positions and make trades at any time. However, their functionality is limited compared to computers and laptops. Recommendations for choosing:
Performance. A powerful processor and RAM from 4 GB for stable operation of trading applications.
Display. A screen with a diagonal of 6 inches and a high resolution for clear display of information.
Autonomy. A capacious battery for long-term operation without recharging.
Compatibility. The device must support the necessary trading applications and provide a secure connection to the Internet.
Smartphones and tablets are convenient for monitoring the market and managing positions on the go, but for full analysis and trading, it is preferable to use a laptop or desktop computer.
Trading computers vs laptop vs smartphone — what should I choose?
When deciding between a trading computer, laptop, or smartphone, think about the kind of trading you’ll be doing. If you're focusing on longer-term investments or swing trading, a laptop could be better, offering flexibility without compromising on screen size or performance. However, for active or day traders, a desktop trading computer is ideal. With its ability to run multiple screens and trading platforms at once, it provides the speed and power you need for real-time data and decision-making.
Smartphones are convenient for traders on the go, but they come with some downsides. While you can monitor the market and make trades, the small screen and limited multitasking can slow you down. If you’re using a smartphone, choose one with a large, high-quality display and reliable apps that give you the same functionality as desktop platforms. It’s all about finding the sweet spot between convenience and performance based on your trading style.
| Parameter | Desktop computer | Laptop | Smartphone/tablet |
|---|---|---|---|
| Performance | High (suitable for complex analysis) | Medium (suitable for most tasks) | Low (limited analytical capabilities) |
| Mobility | Low (restricted to stationary use) | High (easily portable) | Maximum (trading on the go) |
| Screen (size and resolution) | Multiple monitors (24-32 inches, Full HD or higher) | 15-17 inches, Full HD | 5.5-6.8 inches, Full HD or AMOLED |
| RAM (Memory) | 16-32 GB | 16 GB | 4-8 GB |
| Battery life | Not applicable | 6-8 hours | 8-12 hours |
| Best for | Professional traders, full-time trading | Part-time traders, trading on the move | Beginner traders, position monitoring |
| Drawbacks | Requires significant workspace; not suitable for mobile use | Limited performance compared to desktops | Small screen, limited application capabilities |
How to choose a trading computer?
There are many electronics brands creating computers that would suit the needs of a trader. But instead of focusing on the brands and models, you will have more variety by simply knowing what specifications to look out for. These are the specifications your stock trading computer must have:
CPU
When choosing a CPU it is recommended to stick to Intel products. You can pick either the latest 14th generation mid-range i5-series CPU (like Core i5-14600K) or a little more budget-friendly 13th generation (Core i5-13600K). Both have 14 cores (6 performance cores and 8 energy-efficient cores) and will cover all the needs of the trading software.
RAM
For a new desktop it makes sense to install at least 32GB RAM. If you can afford some extra spending then go for DDR-5 type of memory. But DDR-4 will also be sufficient in most cases.
Storage
Today, the best option for storage on trading desktop computers, and all computers, is a Solid State Drive or SSD. Because the non-volatile memory chips in SSDs have no moving parts, they allow data to be written and read at a faster rate than HDD. You must have a PC with an SSD of at least 500GB as the primary drive as a trader. This will be the location for your preferred operating system, trading software, and other apps. You can use the HDD as a secondary disk to save various types of data.
Graphics card
For stock trading, do not get integrated graphics cards. These cards are not suitable for stock trading, and they do not facilitate multiple screens.
The best graphics chips are produced by two major firms: NVIDIA and AMD. Both provide high-quality graphics cards that are compatible with third-party cooling solutions. But experts recommend having an NVIDIA card if you have an Intel CPU. For trading you do not have to buy the most performant option, some mid- to low-range cards will do just fine. For example, NVIDIA RTX 3050.
Cooling system with silent fans
You do not need to invest in expensive liquid cooling systems. The Cooler Master Hyper 212 EVO Single or Dual fan is available for purchase.
Consider a silent case with silent fans as well. The best thing you could do for yourself is install a silent power supply and cooling system. When you are day trading for 8 hours a day, having a noisy computer system next to you is quite annoying!
Multiple monitors
It is advisable to start with two monitors at first. It will be easier to upgrade to more monitors with the correct video card selection without having to modify the hardware components in your trading machines.
A trade monitor has no special requirements. It should be a decent value for the money. Budget at least $500 for your trading monitor setup, plus some extra cash in case you require a monitor mount to hang it on the wall. Choose at least 24′′ to 32′′ for multiple monitor options; there is no need to go beyond this or get features such as 4k resolution.
Budget
Spending $1,800 on a trading computer to help you make as much money as possible in the financial markets may seem like a fantastic investment, but if your budget and trading capital are too low, you should avoid it.
Assume you have $10,000 or less in free liquid trading capital. Why would you put nearly 18% of your money into a trading computer? Based on average market gain figures, it would take more than two years to recoup this money in long-term investing.
Keep in mind that the value of the PC will have reduced after three years due to the development of newer models. So, only consider investing in a trading computer if you have a large enough budget.
A beginner should spend between $1.000 and $1.500 on a trading computer. Additional components such as a dedicated trading keyboard, optical drive, mouse and a third and fourth monitor can be bought later. Beginners can start with 2 screens and a standard keyboard to keep the costs down.
How to choose a trading laptop?
Next, we have the laptops to think about. Their specifications are quite similar to those of the desktop computer, but with a few differences:
Processor
An Intel i5 processor will be good enough, but not perfect. Your first priority should be i7 and higher. Only consider i5 if you are on a budget but would like to get started as soon as possible.
Laptop CPUs are generally less capable than desktop analogues. That’s why we consider i5 as good enough for desktop, but this series may not be sufficient for laptop trading.
RAM
Similar to the computer, go for a 32GB RAM or higher, and only consider an 16GB RAM if you are on a budget.
Storage
Again, consider an SSD card of 512GB for main storage. You can add an external HDD for additional storage.
Graphics card
For stock trading, a strong graphics card is also necessary. Look for a laptop with a GeForce or AMD Radeon series graphics card. The quality of the data on your screen is determined by your graphics card and you need it to be as good as possible for effective trading.
Display
You want a model with a high resolution so that you can clearly view all of the content on your screen. A laptop with a Full HD or greater resolution and at least a 1920 x 1080 resolution is the best option. You do not need an expensive 4k or 8k resolution screen for stock trading.
Battery life
Stock traders require a long-lasting battery. You'll need a laptop that can run for at least six hours on a single charge so you don't have to worry about the battery dying during a long trading session. There are computers that can last up to 12 hours, which is ideal for active traders.
Ports
A laptop with many ports is necessary. Look for one with an HDMI port, two USB-A ports, and at least one USB-C port so that you can connect all of your devices to it. The Thunderbolt connector is also crucial because it allows for rapid data transfer.
Wireless connectivity
Ensure that the wifi connection on your laptop is strong. To easily connect to the internet and other devices, you want a laptop that includes both a Bluetooth and Wi-Fi adapter. The Wi-Fi 6 802.11ax standard is the most effective for stock trading. It provides the quickest speeds and the most stable connection.
How to choose a trading smartphone?
Finally, what should a trader look for in a trading smartphone? Let’s discuss below.
Processor
A processor with at least 6 cores is required for a trading smartphone. The CPU clock speed is also crucial since it indicates how responsive your smartphone will be to commands. It is expressed in Gigahertz (GHz). A processor with a clock speed of at least 2700MHz, sometimes known as 2.70GHz, is required.
RAM
Choose a smartphone with at least 6GB of RAM. The more RAM you have, the more apps you can run in the background without the phone overheating. A phone with a lot of RAM is also faster and better at multitasking.
Storage
For trading smartphones, a minimum internal storage capacity of 64 GB SSD is suggested. Remember that your phone contains a number of other useful apps that you use on a daily basis. You will require enough storage for these apps as well as all of the trade data you will receive.
Screen size and display
A trading smartphone screen should be at least 6.5" in size and have an AMOLED or OLED display. The bigger the screen the better.
OLED (Organic Light Emitting Diode) displays use a variety of light emitting diodes to generate greater image quality than typical Liquid Crystal Display (LCD) displays. OLED displays also use less battery power and produce less heat. AMOLED incorporates thin film transistors, allowing it to utilize even less power.
Battery
A good smartphone for trading should have a battery capacity of at least 3500mAH and be capable of quick charging. This implies that even if your phone needs to charge, it won't take long. Choose a charger that can deliver 15W or more to your phone when charging.
Other types of trading equipment you may need
In addition to what we have listed here, traders should also consider:
Extra monitors;
Dedicated trading keyboards with shortcuts and key strokes for trading;
A mouse;
Noise canceling earphones;
External hard drive.
These items are best bought after you have tried out trading with standard equipment first. Each trader will have their preference so it's best to see what you feel you simply cannot do without.
Is trading hardware expensive?
For starters, you can even use simple home appliances and not buy anything specifically for trading. If you feel that the basic needs are not enough, you can move on to more expensive equipment.
However, do not spend beyond your means to get equipment. As with the example given for desktops, do not spend a large percentage of your net worth on a device. Go for the option that is safest for you. Build your budget-friendly trading setup by focusing on strategic investments and smart choices to maximize performance without spending excessively.
That being said, do your best to not go beyond $1500 for a laptop or phone, and $1800 for a desktop. Remember, you can get second-hand devices, but ensure they are not more than 5 years old.
| Min. deposit, $ | MT4 | MT5 | cTrader | Proprietary platform | Android | iOS | Open an account | |
|---|---|---|---|---|---|---|---|---|
| 50 | No | Yes | No | Yes | Yes | Yes | Go to broker Your capital is at risk. |
|
| 100 | No | No | No | Yes | Yes | Yes | Go to broker 80% of retail CFD accounts lose money. |
|
| No | Yes | Yes | No | Yes | Yes | Yes | Go to broker Your capital is at risk. |
|
| 100 | Yes | Yes | No | Yes | Yes | Yes | Study review | |
| 5000 | No | No | No | No | Yes | Yes | Study review |
Essential hardware for beginner traders: monitors, ergonomic mice, and keyboards
When starting out in trading, a key factor to think about is your hardware setup. Many beginners overlook the advantage of having extra screens or a dual-monitor setup, which can boost your trading efficiency. Instead of constantly switching between tabs, multiple monitors allow you to keep several charts and data points visible at once. A high-quality monitor, at least 24 inches and with high resolution, can transform your trading experience by making it easier to analyze the market without straining your eyes or losing focus.
An often overlooked but essential piece of equipment is a comfortable mouse and keyboard. Since you’ll be trading for long hours, it’s important to have gear that reduces strain. A mouse with customizable buttons for quick actions and a keyboard that matches your typing speed can make all the difference. Find a keyboard that suits your style and a mouse that’s responsive enough for quick decisions. A comfortable setup will keep you trading longer without the fatigue that often comes with using basic equipment.
Conclusion
Investing in the right hardware trading equipment is a decisive first step for beginners aiming to thrive in today’s fast-moving markets. Choosing high-quality monitors and a reliable trading computer can significantly improve your decision-making speed and comfort, while tools like ergonomic keyboards or dedicated trading mice further boost efficiency. Ultimately, the proper setup transforms trading from a cumbersome task into a seamless and rewarding activity. Remember, prioritizing the fundamentals in your hardware choices lays a solid foundation for trading success.
FAQs
Can beginners use refurbished or second-hand trading hardware effectively?
How should trading hardware investments relate to a beginner's trading capital?
What are the main differences in multitasking capabilities between desktops, laptops, and smartphones for trading?
Which additional hardware accessories can improve the trading experience beyond the basics?
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Team that worked on the article
Maxim Nechiporenko has been a contributor to Traders Union since 2023. He started his professional career in the media in 2006.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.
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