Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

TradeStation Review

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PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

TradeStation general information

Founded in: 1988 year
Headquarters:
USA
Minimum Deposit: 5000 $
Website: www.tradestation-international.com
Website languages:
English, Arab, Spanish, Italian, Chinese, Deutsch, French, Czech
Execution model:
DMA
Deposit currency:
USD, EUR, JPY, GBP, AUD, CHF, CAD, HKD, SGD
Support languages: English
Regulated by:
FCA (United Kingdom) license №0307871
CFTC (USA)
NFA (USA)
Mobile trading: iOS, Android, Windows Phone
Types of offered accounts:
Demo accounts (with a time limit), STP accounts
Affiliate program: Yes
Support

TradeStation Forex broker description

TradeStation Brokers was established in 1982 to provide traders with the tools they require to trade successfully. For over 3 decades, the firm has been a leader in online brokerage for professional traders looking for comprehensive investments futures and options.

Catering for experienced and affluent investors, TradeStation Brokers has earned a huge reputation for offering professional-level services without compromising on the latest features. Actually, the company’s commitment to excellence is evidenced in its numerous accolades and awards, including a 15 years dominance of the Best Professional Platform category courtesy of Technical Analysis of Stocks and Commodities Magazine.

The platform takes applications and features formerly available only to real brokers and places them at the doorstep of traders, usually at a very low price. TradeStation is especially known for its professional electronic trading system for financial market clients, and for its electronic trading platform and analysis software.  Clients actively engaged in futures, options, and stock trading can depend on TradeStation Brokers to meet their requirement.

Trading Accounts

There are different types of account offered by TradeStation Brokers. Although there are different, traders will do their trading on the same platform. These accounts include the following:

US Equities and Options Account

You can apply for this account and start trading as soon as you fund it. The required initial deposit is set at $2,000 for margin and $500 for cash. When you open this account, you will also access paper trading and be able to test strategies without risking your capital.

Futures Account

You can easily open a Futures Account and start trading when you deposit a minimum of $500. It offers you a straightforward setting that enables you to start trading immediately. Just the Equities and Options Account, you will also access paper trading when you open this account.

Demo Account

In reality, a Demo Account does not exist at TradeStation Brokers. Instead, you get virtual trading when you fund your account. With that said, the simulated account is quite awesome and will teach you a lot of things when it comes to trading. It is a good place to enhance your strategies.

Also, note that there are days when TradeStation Brokers offers a 60 days free trial period for this account. Therefore, traders should keep an eye on the firm’s website to enjoy the free session.

The Firm and Security of Funds

TradeStation was developed by two brothers Rafael and William Cruz. They brought the firm to life since they required a way to develop, evaluate, optimize, and automate their trading strategies.

The TradStation Group, Inc. is, in fact, the parent organization of the online futures and securities brokerage firm. It is located in Florida, however, the brokers are worldwide with offices in London, New York, Sydney, Costa Rica, Richardson, and Chicago.

Between 1997 to 2011, the TradeStation Group has listed as a Nasdaq Company. This was later changed when the Tokyo Stock Exchange-listed it as Monex Group after it was acquired.

When it comes to the security of fund, the Company demonstrated the need for regulation and trust by traders. Actually, this is one of the most trusted online brokers globally and is registered with SEC and has a great relationship with FIRA.

Traders can rest assured that their TradeStation Brokers accounts have sufficient protection in case of calamities such as failure and bankruptcy. This is because the firm is a registered member of SIPC (Securities Investor Protection Corporation), which guarantees up to $500,000 compensation, including $250,000 in cash.

Trading Conditions and Platforms

Minimum Deposit

Originally, TradeStation Brokers targeted high-end traders setting the minimum deposit at $5,000. Over the years, this has changed and today you can open a stock-trading account with a deposit of $500, Futures Account for $5,000, and $2,000 for Options trading. Equity and Options pattern day trader needs to deposit a minimum of $30,000 to start trading. While that might seem high, you will get the latest trading tools for your deposit.

Leverage

Go for a margin account and you will essentially borrow fund from TradeStation to improve your buying power (position size). While trading on leverage can assist you to increase your profit, you also need to know that there are shortcomings. For instance, there is a high chance of margin calls and making higher losses than the investment. Leverage will depend on the account type and the instrument you want to trade in, check the official website for more details.

Spreads and Commissions

TradeStation Brokers charges direct rates when you compare to other brokers. For instance, the firm uses three different structures for its equities, which are unbundled, flat fee, and per share.

For options, the firm uses a flat fee and per share. However, the most common pricing is the former. Equity trades will go for $5 while options will fetch $5 plus $0.5 fee.

Trading Platforms

TradeStation Brokers provides two platforms: Web Trading and TradeStation 10. Web Trading is a browser-based platform that is designed for traders looking for simplicity. It is easy to use and offers high-level traders a way to manage active positions, watch list, open orders, trades, and stock chart analysis.

TradeStation 10 or New TradeStation is the firm’s flagship product and is a desktop platform. From graphics to menus to colors, everything is detailed about this platform that was released in 2017.

Promotions

The only promotion that TradeStation Brokers provide is the Fully Paid Lending program, which an easy way to enhance your equities account balance. Opt into this program and you might enjoy fully paid positions or even excess-margin securities to other dealer-brokers so their clients can satisfy other position and stock requirements. You will get a 50% of the earning that TradeStation receives by lending out the shares.

Briefly about TradeStation Brokers

TradeStation Broker is among the best direct brokers online today. Users rate this company highly and prefer it to other brokers. So, if you want a broker that will take care of your fund, then you need to try this company. It is reputable and your funds are secure since it has a great cover.

Trading accounts of TradeStation

  • Individual Account
Trading platforms: TradeStation
Minimum Deposit : 5000 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
HKD - Hong Kong Dollar
SGD - Singapore Dollar
Trading instruments:
Metals 1:50
Energy sources 1:50
Stock exchange
  • Promotions
  • Futures
  • Options
Entry to stock exchanges
  • NASDAQ (US)
  • CME (USA)
  • NYSE (USA)
  • NYMEX (USA)
  • CBOT (USA)
  • Eurex (EU)
Minimum position size:
0.1 лотов
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Commission:
0.25-5$
Phone trading:
Not

Contacts of TradeStation

Штаб-квартира
Соединённые Штаты Америки , Плантейшен 10th Street, Suite 2000
show on the map
+1 800.556.2022 Телефон штаб-квартиры +1 954.652.7000 Телефон штаб-квартиры

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
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