Trading is very profitable but also comes with a high level of risk. It isn’t as easy as seen in many adverts on the media. To be successful in trading, you need the right knowledge of market conditions and the ability to make sound technical analyses of stocks and futures. You, therefore, need the right tools to do trade well and get the best out of it. A good laptop is one necessary tool that a trader can’t do without.
You will come across lots of numbers, figures, shapes, rates, and calculations in trading stocks, thereby making a ‘normal’ laptop inappropriate. Using just any kind of laptop for stock trading is a risk on its own which might bring you terrible losses. It is therefore advisable to get a laptop that is best suited for your job.
Stock trading would become better and easier if the laptop has a large screen to monitor charts, a large RAM and external drive storage space, a good processor with high speed, and a higher configuration. But getting such laptops remains the problem of many traders, especially for newbies and amateurs who wish for a rewarding trading experience.
We would be looking at the system requirements a laptop must-have for a better trading experience and the best laptops for successful trading in this piece.
Minimum requirements for a trading laptop
Highlighted in the table below are the minimum and recommended systems requirements that a laptop should have before it can be used for trading.
|Processor||Intel Core i3||Intel Core i7 or above|
|Operating System||Windows 7||Windows 10 Pro|
|RAM||4 GB||8 GB RAM or above|
|Storage||128GB||512GB SSD or above|
|Display||11”||15.6-inch FHD (1920 x 1080)|
|Battery Life||5||8 hours or more|
Let’s now look at some of the best laptops to make you a better trader this 2021.
The 3 Best Laptops for Stock and Forex Trading 2021 (Reviews):
1. 2021 Dell Inspiron 5000
This laptop is perfect for stock trading. It’s the latest from Dell and contains many exciting features. Aside from trading, it also makes for a good business notebook as its large storage space gives it an edge.
RAM and Storage: It has 16 GB RAM and a hard drive storage capacity of 1 TB. This large RAM is advantageous, especially when you wish to switch between platforms to place a trade order as fast as possible. The 1 TB gives you ample space to store whatever resources you have on the system.
CPU and GPU: It uses the Intel Core i7-1165G7 quad-core processor with a speed of 2.8 GHz (but reaches 4.7 GHz on turbo boost) which enables you to manage all your trading activities like viewing and plotting charts, resistance and support plotting, and other technical analysis without lagging. It doesn’t overheat despite the number of applications running simultaneously for long hours. It also has good visual qualities due to the presence of the integrated XE graphics card.
Ports: This system has both the Type-A and the Type-C ports for seamless connection to external devices. It also has an HDMI output for external displays on larger screens. Alongside these is the Wi-Fi 6 standard for swifter wireless connections.
Display and Peripherals: The screen size is 15.6 inches with a horizontal dimension of 1080p, large enough to show more than one chart on trading view simultaneously. It is also good for online meetings with a standard HD webcam and an integrated microphone and speakers.
It has a backlit keyboard suitable for not-so-properly lit conditions. The battery, however, doesn’t last that long. It goes 5 hours after a full charge on standard trading usage. It also has a good touchpad for easy navigation. With all these, it still weighs 3.84 pounds making it light and portable.
The features, in summary, are tabulated below:
|CPU||2.8 GHz Intel Core i7-1165G7|
|Storage||1 TB SSD|
|Display||15.6-inch IPS FHD (1920 x 1080)|
|Battery life||Up to 5 hours|
|GPU||Integrated Intel Iris Xe|
2. Lenovo IdeaPad 5
The Lenovo IdeaPad 5 laptop is super fast and has great performance. This laptop is suitable for a better trading experience.
CPU: This laptop has the 8th Generation Core i7-1035G1 processor with a 1 GHz processor, which can be turbo boosted to 3.6 GHz for overall better performance. This laptop is ranked among the best-performing laptops with an i7 processor.
Design: It’s a lightweight laptop that enhances portability. It has a high response rate and is durable due to the materials it is manufactured from. It also has an incredibly high battery life that lasts up to 7 hours with standard usage.
It also has a backlit keyboard making it easy to use even in dark conditions.
Ports: This laptop has a USB Type-C output port and an HDMI port. It also has an SD card reader and a 3.5 mm headphone jack for seamless transfer of data and audio, respectively.
Display, RAM, and Storage: It has a 15.6 inches FHD Touch screen display and displays bright images due to a built-in graphics card. The RAM is 16 GB, and the hard drive is 512 GB which makes it suitable to store and run almost all trading software without lagging.
|CPU||1GHz Intel Core i5-1035G1|
|Display||15.6-inch FHD Touch (1920 x 1080)|
|Battery||Up to 7 hours|
3. Asus ZenBook 15
The Asus ZenBook 15 is yet another superb laptop for successful stock trading.
CPU: This laptop comes with the Intel Core i7-10510U processor that can boost up to 4.9 GHz on turbo speed which is more than required for successful trading activities without lag.
Design and Keyboard: This laptop also comes with a 5.65 inches ScreenPad that enables you to trade effectively without accessing the UHD panel. It also has a backlit keyboard so that you won’t have problems in the dark.
It has ErgoLift design technology, which dissipates optimally without affecting the laptop’s performance. Its lightweight (around 3.60 pounds) makes it portable.
RAM and Storage: The Asus ZenBook 15 has 16 RAM enabling it to support multiple interfaces simultaneously without issues. It also has an SSD storage capacity of 512 GB which is a lot of space to store resources, books, videos, music, etc.
OS and Display: The operating system pre-installed on the laptop is Windows 10, which has the best Windows applications. The laptop has a 4K screen with a size of 15.6 inches. Its 4K screen also has the NanoEdge bezels innovation that resolves up to 3840 x 2160 pixels. It also gives bright colors and has a wide viewing angle.
GPU: Its GPU is a mid-range GTX 1650 Max-Q, which allows you to view charts at the best quality possible. If you are into games too, you will enjoy some really cool games because of its dedicated graphics card.
The stock market is almost always open, and for you to profit from it, you must have the best trading devices at your disposal. The laptops highlighted above are among the best you can use for trading. You can also research further to discover the one(s) that suit your needs. It would be best if you had a great laptop by your side to make the best from stock trade in 2021.