No work is complete without a proper working tool. A plumber needs pipe fitting and other tools, whereas a stock trader needs a laptop. The days when stock traders used to sit in front of a desktop computer are gone. Laptop computers have taken the place, thanks to their portability feature. Now you can carry your trading desk wherever you like. To match the needs of traders, laptop manufacturers offer a series of machines. If you're out to buy a laptop for your stock market business, here's a useful guide along with some of the best laptops for stock trading.
What To Look For In A Stock Trading Laptop?
While buying laptops, many stock traders don't shell out time and efforts. Most of them choose a reputed brand. However, such a decision may not be the best one. The laptop in consideration may or may not be an ideal fit for traders trading stocks. You need to shop wisely in accordance with the below points to bag the best machine.
- RAM - A reasonable amount of RAM assures that your laptop's system won't crash when using heavy-duty software applications. An ideal RAM won't speed up the machine, but it'll definitely prevent it from hanging. The minimum recommended RAM is 8 GB.
- Hard drives - You need adequate storage to save your work. If you back-test your strategies on high volumes of trades, you'll need at least 512 GB of hard disk space. Also, an SSD is a preferred option over HDD when checking some of the top laptops for stock trading.
- Battery - Batteries draining out when you're about to save your work is common. So choose a machine that gives at least 4 hours of power. It should also ring a warning bell before it's critically low on power. In case you trade while traveling, you ought to be more careful about batteries.
- Weight and size - A small, light-weight machine is easy to carry around. However, a smaller machine means compromising on important hardware specs. You should find a machine that lets you balance both the parameters.
Our Recommended Laptops For Stock Traders
Apple MacBook Pro Laptop
CPU - 9Th-generation 8-Core Intel Core i9 Processor | RAM - 32 GB| Hard Drive - 512 GB Ultrafast SSD | Graphics Card - Radeon Pro 560x Graphics with 4GB of video Memory | Screen - 15 inch Retina Display with True Tone technology | OS - Chrome | Battery Life - Up to 10 hours | Weight - 4 lbs
Features
- Touch Bar and Touch ID
- Force touch trackpad
- Four Thunderbolt 3 (USB-C) ports
What We Liked
- Lots of power
- Fast processing
What Needs Work
- Some users reported issues with cooling.
If you want a premium laptop, then Apple's MacBook Pro should be on the top of your list. No matter whether you're a developer, writer, or stock trader, this particular machine will match your needs and requirements. With a resolution of 2560x1600, this is one of the best 13-inch displays out there.
The display is bright, crisp, and the viewing angles are exceptional. The most recent MackBook Pro includes a Touch Bar that might be useful at times. While only a few people use this feature, you could gain some benefit while trading stocks. Another noteworthy feature is the touch ID option that you may use to unlock the system or make payments online.
The system embodies the 128 GB PCIs based SSD which could perform 5 to 8 times faster than any other normal hard drive. Your system will work smoothly if you use an SSD, and most Apple models come equipped with a pre-installed SSD. That's one of the reasons why the MackBook Pro performs faster than many other machines.
Let's come to the hardware components of this innovative laptop. It includes 8 GB DDR3 RAM and the 7th generation Intel Core i5 processor. These components lets stock traders carry out multitasking, gaming, browsing, and complex algorithms associated with trading stocks. The long-lasting battery life of 10 hours is another big plus that gives you a reason to consider this high-end machine for your stock market venture.
Microsoft Surface Pro 6 Laptop
CPU - Intel Core i5 Processor | RAM - 8 GB| Hard Drive - 128 GB SSD | Graphics Card - Integrated Intel UHD Graphics 620 | Screen - 12.3 inch | OS - Windows 10 Home | Battery Life - Up to 13.5 hours | Weight - 1.7 lbs
Features
- versatility of a studio and tablet
- Long battery life
What We Liked
- All day battery life
- Very light
What Needs Work
- Have to buy keyboard separate.
When it comes to portable computers, Microsoft's products are one of the top laptops for stock trading. Although the brand has stepped quite late in the hardware market, that doesn't keep them from providing top-class products. Many buyers pick this machine by just looking at the brand. The machine comes fully equipped with all that's necessary for carrying out heavy tasks, including stock trading calculations.
Its predecessors were introduced as a tablet with the aim of replacing traditional computers. The Surface Pro 6 stands ahead of its contenders with its ability to blend memory, speed, and power. While the screen size is a bit small, you get PixelSense display that lets you dwell into the minutest details. Plus, the visuals are extraordinary and allow you to check stock market charts and technical analysis intriguingly.
Coming to the inside of the machine, you get an amazing pack of innovative components. The machine comes featured with 1.6 GHz Intel Core i5 CPU. As far as graphics go, you've Intel HUD Graphics 620. Additionally, you get 8 GB DDR3 RAM and 256 GB SSD storage. Other components include 1 USB 3.0, mini display port, Mic/headphone jack, and a microSDXC card reader.
Weighing around 1.7 pounds, the machine can be used for stock trading even when you're on the go. The longer battery life also adds to the functionality of this amazing laptop.
Lenovo IdeaPad Y700 Laptop
CPU - 6th-Gen Skylake Intel Core i7-6700HQ Quad-Core processor 2.6 GHz | RAM - 8GB DDR4 RAM memory | Hard Drive - 1TB Hard Drive | Graphics Card - NVIDIA GeForce 960M Graphics | Screen - 15.6" frameless Full HD display | OS - Windows 10 64-bit | Battery Life - Up to 6 hours | Weight - 5.7 lbs
Features
- Dolby Home Theater
- Built-in 720p resolution HD webcam
- Backlit keyboard
What We Liked
- Very fast
- Excellent specs for price
What Needs Work
- A bit of a heavyweight.
Lenovo's IdeaPad Y700 happens to be one of the best laptops for stocking trading and gaming. It's a 15-inch machine which is suitable for any type of user. The system looks amazing in black and red grille, and features an aesthetic design. It weighs 5.7 pounds, is 1-inch thin and portable enough to be accompanied wherever you like.
You get a 7th generation Intel processor along with 16 GB of RAM and an NVIDIA GeForce graphics (GTX) card. The performance of the system is further enhanced by the 1 TB HDD. Multitasking or performing complex calculations related to stock trading can be done effortlessly without any sort of inconvenience.
The stunning display has a Full HD resolution of 1920x1080 pixels. The colors produced are sharp, crisp, and clear. Whether it's charts or technical analysis, you get a clear and detailed explanation of each point when assessing your trading positions. One striking feature is the screen is touch-enabled. Plus, it has an anti-glare protection, meaning you can carry out your activities for a long time without straining your eyes.
In terms of connectivity, the system comes with the latest versions of Bluetooth drivers and Wi-Fi. You get two USB 3.0 ports, one USB 2.0 port, and one HDMI port. The heat generated during the usage is well-controlled by the laptop. The life of the battery is a bit longer, enabling you to take trading positions without any interruptions. You may expect the battery to last for about 4 hours.
Asus Zenbook UX330 Laptop
CPU - Latest 7th generation Intel i5-7200U 2.5 GHz Processor | RAM - 8 GB DDR3 | Hard Drive - 256 GB SSD | Graphics Card - Intel HD Graphics 520 | Screen - 13.3-Inch wide-view Full-HD LCD Display | OS - Windows 10 | Battery Life - Up to 12 hours | Weight - 2.2 lbs
Features
- Amazon's Choice for a travel laptop
- Built-in fingerprint reader
What We Liked
- Very lightweight
- Battery is very good.
What Needs Work
- Some users reported issues with the power button at times.
The UX330 is one of the best laptops for stock trading in the Asus catalog. Made of aluminum, it's relatively light in weight than many other comparable models out there. It just weighs 2.7 pounds and is 0.7 inches thin, which makes it highly portable to carry around. The UX330 is a substantial upgrade from its predecessors.
It includes the 7th generation Intel i5 processor. Plus, you get 8 GB DDR3 RAM. Also, the SSD (256 GB) offers adequate space for storing files and other trading data. The machine delivers impeccable performance and is ranked as one of the best machines in the category. With the 13.3-inch display, the laptop produces sharp, crisp, and clear images and presentations.
There are virtually no hiccups when you're working on the system. The wide-viewing and anti-glare features are also integrated in this machine. The Zenbook has a full-sized keyboard with sufficient space for wrist support. The speakers produce clear, loud sounds. This could be a big plus if you set up a warning sign when trading stocks.
The cooling system works well and the machine doesn't heat up on constant usage. The life of the battery is termed as one of the best in its category. Once charged, you can run the laptop uninterruptedly for 10 hours without any issue. With a comfortable keyboard, good screen, and exceptional battery life, the machine is a must buy.
HP Envy 17t Laptop
CPU - 8th Gen Intel Core i7 Processor | RAM - 16GB DDR4 Memory | Hard Drive - 1TB HDD + 512GB SSD | Graphics Card - NVIDIA GeForce MX Series Graphics | Screen - 17.3" diagonal FHD IPS WLED-backlit multitouch-enabled edge-to-edge glass (1920 x 1080) Touchscreen Display | OS - Windows 10 Professional 64 | Battery Life - Up to 5.5 hours | Weight - 6.7 lbs
Features
- backlit keyboard with numeric keypad
- Decent battery life
What We Liked
- 1 Year Manufacture warranty
- Very fast!
- Lots of power
What Needs Work
- It's fairly heavy.
Finding a laptop with a bigger screen for professional use can be a task. Most of the systems come with a 15-inch screen. If you're out in the market to buy a bigger display, then the HP Envy 17 should be your best bet. The laptops are one of the best desktop replacements.
Equipped with a power Intel Core i7 processor, 4K panel, and discrete NVIDIA graphics, the Envy 17 is able to handle all sorts of multitasking and heavy-duty chores. It's an elegant laptop with an aluminum chassis. The trading laptop chassis is lighter and slimmer, adding to the beauty of the system. Despite its bigger screen, the laptop weighs about 6.4 pounds, ensuring ease of transportation from one place to another.
The 17-inch display is bright, sharp, and vibrant. The panel produces 209 percent of the sRGB color gamut, which is way better than many other machines. The keyboard and touchpad are highly comfortable, allowing you to type whatever you want effortlessly. With backlit keys, the keyboard just looks amazing as you keep on typing.
You get 16 GB of RAM and a 256 GB solid state drive for the operating system and a 1TB hard disk drive for mass storage. The battery of the laptop lasts for about 5 hours 30 minutes with one charge, ensuring you don't run out of power when taking your trading positions. In a nutshell, the model makes a great choice for many types of users including stock traders, gaming enthusiasts, and designers.
Stock Trader Laptops Bottom Line
Choosing an ideal laptop computer for stock trading can be a big challenge. The market offers a wide variety of laptops with literally billions of configurations that could aid your life as a stock trader. You need to keep key configurations in mind when shopping around. Just stick to the above guide when checking a laptop for stock trading. Also, assess the best laptops for stock trading listed above. With access to handy information, picking an ideal laptop becomes a lot easier for stock traders.
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