TradeStation Review 2024 (Expert Review)

TradeStation Review Summary

TradeStation offers tools designed for active traders, such as ticker bars and hot lists, news, and quotes. The research window provides access to common and customized studies. The company claims to offer the largest library of technical and trading information in the industry. Its trade-tracking tool also includes real-time information and analytics. For traders looking to develop their trading skills, the TradeStation platform offers a range of free tools and data. Traders can also use the app store to download analytical tools for a fee. The TradeStation mobile app also lets you keep track of the latest stock market news and prices. Its intuitive user interface allows you to enter trade orders and view trading activity in real-time.

TradeStation review
TradeStation Platform Features

TradeStation main features and highlights
๐Ÿ—บ๏ธ Country of regulation Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 500
๐Ÿ•– Time to open a TradeStation account 1-3 Days. *A TradeStation demo account can be opened in a few minutes, but live TradeStation trading account creation times will vary depending on how long it takes to process your TradeStation KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 1
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs

TradeStation review
TradeStation Financial Regulation

TradeStation is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).

TradeStation review
TradeStation Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using TradeStation include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using TradeStation can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

TradeStation review
TradeStation Advantages

One of the main advantages of using TradeStation is around the clock service and support as well as research offerings. Not only this, but TradeStation has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of TradeStation with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with TradeStation makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. TradeStation offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • TradeStation has been in business over 10 years.
  • TradeStationoffers Islamic Accounts.
  • TradeStation offers a Apple Mac desktop trading platform.
  • TradeStation offers Spread Betting.

TradeStation review
TradeStation Disadvantages

Although TradeStation has a lot of good points TradeStation does not offer the below.

TradeStation Review Risk Warning: Your capital is at risk.

TradeStation Review

TradeStation review
Things to understand when trading with TradeStation

Online trading on trading platforms like TradeStation have seen huge growth in the last 3 years. Trading with TradeStation requires that you take the time to learn how financial markets work and are able to trade with TradeStation using in depth technical analysis and TradeStation risk management trading tools. Trading with TradeStation involves risk. You should only risk capital with TradeStation that you can afford to lose. Understand your risk tolerance with TradeStation, and have a trading strategy that TradeStation is able to help you execute. TradeStation is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments TradeStation give you access too.

TradeStation review
TradeStation Trading Fees

Trading fees on TradeStation are taken in the form of the spreads TradeStation offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on TradeStation. TradeStation fees vary depending on the financial instruments traded and can include, TradeStation overnight funding fees, spreads, margins and TradeStation inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your TradeStation account charged by your 3rd party payment provider if your TradeStation base currency is different from your TradeStation withdrawal method.

NameTradeStationIC MarketsRoboforex
Account FeesNoNo
Withdrawal Fees$25NoYes
Deposit FeesNo
Inactivity FeeNoNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TradeStation review
TradeStation Financial Instrument Fees

TradeStation fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below.

TradeStation review
TradeStation Stock Trading Fees

The majority of TradeStation trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A TradeStation stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

TradeStation review
TradeStation Forex Fees

Commission on TradeStation Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for TradeStation Forex fees is based on their trade size. To calculate TradeStation Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

TradeStation review
TradeStation Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. TradeStation cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. TradeStation cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

TradeStation review
TradeStation Non Trading Fees

TradeStation non-trading fees include a variety of TradeStation brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the TradeStation trading platform. The most common non-trading fees include TradeStation withdrawal fees, TradeStation deposit fees and TradeStation inactivity fees.

TradeStation review
TradeStation Deposit Fees

TradeStation does charge deposit fees in some cases. When funding your TradeStation account there may be some TradeStation deposit fees which will vary depending on the payment method you use to deposit to your live TradeStation trading account.

TradeStation review
TradeStation Inactivity Fees

TradeStation does charge clients an inactivity fees for dormant TradeStation trading accounts. A TradeStation inactivity fee is a sum charged on TradeStation brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

TradeStation review
TradeStation Withdrawal Fees

TradeStation does charge TradeStation clients small withdrawal fees. Withdrawals fees vary between TradeStation and TradeStation alternatives depending on where you are located and how much money you are withdrawing.

TradeStation review
TradeStation Account Fees

TradeStation does not charge account fees. Account fees charged differ between TradeStation and other brokers. An account is a fee that TradeStation and other brokers assesses on all accounts for the ability to keep an account on their platform.

TradeStation review
TradeStation Account Opening

The TradeStation account registration process is simple, user-friendly, and quick. Within 1-3 Days most TradeStation trading accounts are ready for live trades. Our TradeStation account was validated in 1 day, but live TradeStation trading account verification times will vary depending on the time it takes to process your KYC documents and TradeStation trading account application. A TradeStation demo account can be opened in a few minutes.

TradeStation trading accounts are available in over 194 countries. TradeStation is restricted in the following countries.

Apart from the restricted countries a TradeStation trading account can be opened globally.

The TradeStation trading platform is available for residents in US. Some financial instruments TradeStation offer may be restricted in your country.

  • Fast TradeStation account opening.
  • TradeStation accounts can be opened and KYC can be verified digitally.
  • TradeStation minimum deposit is 500 USD / GBP / EURO.
  • TradeStation trading account verification may be held up for longer than a day if there is an issue with verifying your account.

TradeStation review
TradeStation Deposit And Withdrawal

TradeStation Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by TradeStation as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

TradeStation offers the following account GBP, USD, EURO.

When trading make sure your TradeStation trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. TradeStation has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameTradeStationIC MarketsRoboforex
Number Of CurrenciesYes104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TradeStation review
TradeStation Deposit Fees and Deposit Methods

Investors can log in to their TradeStation trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their TradeStation trading accounts from an existing bank account or send the funds through a wire transfer or online check.

TradeStation Deposit Fees

Making a deposit on your TradeStation account is free.

TradeStation Deposit Methods

There are several methods through which you can deposit money into your TradeStation account. One can use a credit or debit card and TradeStation accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your TradeStation account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your TradeStation account. Funding methods for TradeStation include Bank wire, Cheque or Check, Smart Transfer,.

TradeStation review
TradeStation Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your TradeStation brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open TradeStation positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your TradeStation account.

NameTradeStationIC MarketsRoboforex
Funding MethodsBank wire, Cheque or Check, Smart Transfer,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal Fee$25NoYes
Deposit FeeVariesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TradeStation Fees When Withdrawing Your Account Balance

TradeStation do not charge withdrawal fees. Some withdrawal fees are out of the control of TradeStation and may be due to 3rd party payment providers and your account base currency.

TradeStation Withdrawal Methods

Log into your TradeStation trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your TradeStation account to your bank account. To withdraw money from your TradeStation account you can use credit or debit cards. TradeStation processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as TradeStation processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

TradeStation review
TradeStation Trading Platforms

As there are a number of tradable financial instruments available on the TradeStation trading platform. Before investing in the TradeStation platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The TradeStation platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. TradeStation offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on TradeStation is available. Another thing to consider is your financial goals. Make sure that a TradeStation account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a TradeStation account. Ensure that TradeStation allows you to focus on the type of trading that you want to focus on.

Make sure TradeStation is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using TradeStation, think about how easy it is to use for your personal needs. Does the TradeStation platform offer real-time updates or delayed updates that are more informed? Remember to check if TradeStation is well regulated, and what tradeable financial instruments TradeStation has. Security is very important when it comes to trading with TradeStation.

TradeStation Web Trading Platform

A TradeStation web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through TradeStation which acts as a financial intermediary. TradeStation is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the TradeStation mobile trading platform.

TradeStation Apple IOS Trading Platform

A TradeStation iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

TradeStation Google Play Android Trading Platform

A TradeStation Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

TradeStation review
TradeStation Mobile Trading User Experience

TradeStation mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. TradeStation mobile trading refers to trading using a mobile phone.

Leading brokerages like TradeStation offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire TradeStation portfolio. All an investor needs is a Web-enabled smartphone and a trading account with TradeStation. Once you have download the TradeStation trading app, you are ready to begin.

TradeStation review
TradeStation Desktop Computer Trading Platform

A TradeStation computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The TradeStation desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The TradeStation desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

TradeStation MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

TradeStation PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using TradeStation. A trading computer with access to a TradeStation PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

TradeStation Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the TradeStation trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the TradeStation trading platform is very user friendly on a Mac device.

TradeStation review
TradeStation Trading Look And Feel

The TradeStation user interface (UI) is what TradeStation traders will see and interact with first when trading with the TradeStation trading platform. The TradeStation is well designed. The goal of the TradeStation trading UI is to make the TradeStation user's experience intuitive. The TradeStation application has good user experience and a good level of customer satisfaction.

TradeStation Security

TradeStation is a secure trading platform. TradeStation offers traders security via 2 factor authentication, SSL encription when trading with TradeStation. TradeStation trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with TradeStation. Rate limitation on TradeStation suspicious account activities is another layer of protection that is provided for TradeStation trading accounts, for example multiple failed login attempts with TradeStation. You have the option to further safeguard your account by using TradeStation Two-Factor Authentication (2FA), which provides an extra layer of security.

The TradeStation trading infrastructure is constantly watched and guarded by a trained team at TradeStation In addition, TradeStation never send sensitive information without first encrypting on the TradeStation trading platform using transport layer security (TLS) and SSL.

TradeStation review
Placing A Buy Or Sell Order On TradeStation

Available TradeStation order types. # market, limit, stop, stop limit, Good until end of day / canceled.

TradeStation Market Order

A TradeStation market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. TradeStation market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. TradeStation market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

TradeStation Limit Order

A TradeStation limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

TradeStation Stop Order

A TradeStation stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

TradeStation Stop Limit Order

A TradeStation stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The TradeStation stop-limit order triggers a limit order when a stock price hits the stop level. A TradeStation stop-limit order can be helpful when trading if you are unable to watch your trades all day.

TradeStation review
TradeStation Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

TradeStation review
TradeStation Trading Platform Features

Online trading platforms like TradeStation are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with TradeStation. The TradeStation trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using TradeStation.

TradeStation Margin Trading

TradeStation margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, TradeStation margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

TradeStation review
TradeStation Account Types

TradeStation Demo Account

TradeStation offers demo accounts that gives traders the ability to purchase and sell TradeStation financial instruments in a practice environment, using fake TradeStation digital money and live market conditions and data. When you practise on a TradeStation demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the TradeStation platform. TradeStation demo accounts allow you to experience and practice a variety of market charts, TradeStation trading indicators, and trading strategies using TradeStation.

TradeStation Standard Account

TradeStation offers a standard trading account, allowing TradeStation traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich TradeStation trading platform.

TradeStation Islamic Accounts

TradeStation islamic accounts respect Islamic finance law. TradeStation swap free accounts do not accumilate interest and TradeStation transactions are actioned immediately. A TradeStation Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using TradeStation following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with TradeStation Islamic accounts do not pay or receive interest rates.

TradeStation review
TradeStation Tradable Financial Instruments

TradeStation tradable financial instruments are the financial instruments that are specifically available to trade on the TradeStation trading platform. This refers to the different types of financial markets you can trade with through TradeStation. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on TradeStation.

NameTradeStationIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets100210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TradeStation review
TradeStation Trading Stocks

Stock trading with TradeStation is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with TradeStation; if you possess the stock on TradeStation, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on TradeStation involves purchasing and selling stocks and share using TradeStation periodically in order to time trades against the stock markets, with the aim of using TradeStation to profit from your stock trading. TradeStation stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on TradeStation. Stock traders on TradeStation conduct significant study, frequently dedicating several hours every day to market monitoring using TradeStation trading tools.

TradeStation review
TradeStation Trading ETFs

What Are ETFs

TradeStation does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

TradeStation does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

TradeStation review
TradeStation Trading Cryptocurrencies

TradeStation does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by TradeStation, so you will need to find a TradeStation alternative that allows you to buy and sell the underlying cryptocurrency assets. TradeStation CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a TradeStation alternative and make sure you undertand the risks fully before trading.

TradeStation review
TradeStation Forex Trading

Forex trading with TradeStation is a method through which to invest money which involves trading one currency for another in a Forex currency pair with TradeStation. The main aim of TradeStation Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with TradeStation. As a TradeStation Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like TradeStation. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like TradeStation. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on TradeStation.

TradeStation review
TradeStation Commodities Trading

Commodity trading is a type of trading available on TradeStation where individuals or businesses buy and sell financial instruments using TradeStation related to commodities, such as metals or oil.

TradeStation review
TradeStation Options Trading

TradeStation options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. TradeStation option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

TradeStation review
TradeStation Futures Trading

Futures trading with TradeStation is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using TradeStation to facilitate the trade. A TradeStation futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on TradeStation. Typically, futures contracts are traded on an exchange such as TradeStation; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling TradeStation trader to the contract agrees to provide it.

TradeStation review
TradeStation Bonds Trading

Bonds trading on TradeStation is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the TradeStation trader. Bonds can be bought and sold on TradeStation after they are issued. While some bonds are traded publicly through TradeStation, most trade over-the-counter between large broker-dealers like TradeStation acting on their clients' or their own behalf. Yield is therefore based on the TradeStation purchase price of the bond as well as the coupon.

TradeStation CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameTradeStationIC MarketsRoboforex
Forex CFD6135
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TradeStation review
TradeStation Trading Research Tools

Taking advantage of TradeStation trading research tools which are designed to help traders analyse potential investments using the TradeStation trading platform. Some TradeStation research tools include charts, technical analysis, and TradeStation trading indicators.

TradeStation Trading News

Traders can follow the markets and make wise investment decisions on TradeStation by using the news to help form a strategy when it comes to choosing investments. A TradeStation news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

TradeStation Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A TradeStation economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

TradeStation Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. TradeStation fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

TradeStation Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on TradeStation are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

TradeStation portfolios

Trading portfolios are useful when trading with TradeStation.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A TradeStation trading portfolio is a traders collection of investments, which may include a variety of TradeStation financial instruments.

TradeStation review
TradeStation Payment Methods

A TradeStation payment method is required to fund your TradeStation trading account before placing a buy or sell order on a financial instrument.

When trading with TradeStation, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that TradeStation do not have any control over.

NameTradeStationIC MarketsRoboforex
Payment MethodsACH TransferBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TradeStation review
TradeStation Withdrawl Methods

When trading with TradeStation at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your TradeStation account balance. TradeStation may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your TradeStation account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

TradeStation Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your TradeStation account.

Withdrawal requests can take up to three business days to be processed by TradeStation.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your TradeStation should arrive in less than 24 hours.

TradeStation review
TradeStation Customer Support

Customer support represents the resources within the TradeStation company that provides technical assistance to its customers after they use the TradeStation service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

TradeStation offer email, livechat, phone, customer support.

TradeStation Email Support

TradeStation offers email support.

Email support is a a convenient method of TradeStation customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from TradeStation regarding your support request.

TradeStation Livechat Support

TradeStation offers livechat support.

TradeStation live chat support is a way for customers to obtain help from TradeStation through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

TradeStation Telephone Support

TradeStation offers telephone support.

TradeStation telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the TradeStation call centre to give or take information.

TradeStation review
TradeStation Educational Resources

TradeStation educational resources are used throughout the TradeStation learning environment to help and assist with customer's development and learning of trading on TradeStation. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using TradeStation trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

TradeStation Trading Platform Tutorials

TradeStation offer a range of learning resources and tutorials and guides made available to registered TradeStation users. The TradeStation guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate TradeStation users on basic trading principles.

TradeStation Trading Videos

TradeStation offer a selection of online trading videos.

Trading videos on TradeStation help new and even more experienced investors gain insights into TradeStation technical analysis tools and how the different financial markets work when trading on TradeStation.

TradeStation trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some TradeStation training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using TradeStation to trade live financial markets.

TradeStation Webinars

TradeStation offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of TradeStation clients who participate by asking questions, replying to polls, and using other interactive technologies available on the TradeStation trading platform.

TradeStation review
TradeStation Financial Regulation When Trading

Financial regulations on TradeStation protect consumers' investments. Regulations prevent financial fraud and limit the risks that TradeStation as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. TradeStation financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is TradeStation Regulated?

TradeStation is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).

TradeStation is licensed by financial regulators in certain jurisdictions. You can find out if brokers like TradeStation are licensed in your country, if they have had run-ins with regulators, or received serious complaints from TradeStation investors, directly with financial regulators in your country.

TradeStation Regulatory Protection Limits

When registering with TradeStation you must check with regulatory body your TradeStation trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your TradeStation account is over seen by. TradeStation client funds are stored in segregated 3rd party bank account in accordance with TradeStation financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

TradeStation Trading Signals

TradeStation does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does TradeStation make money?

Because TradeStation acts as an intermediary, TradeStation gets compensated on buy and sell transactions of financial instruments. As a result, TradeStation profit is determined by the volume and number of transactions. TradeStation earns revenue to fund their TradeStation platforms and wide range of trading services through market spreads.

Can you buy shares on TradeStation?

TradeStation does not provide customers with real company shares trading. TradeStation offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and TradeStation on the speculative up or down price movement on an agreed stocks price movement.

Does TradeStation offer Cryptocurrency?

TradeStation does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

TradeStation Lower fees, lower costs?

TradeStation have reasonable trading fees and costs. TradeStation do not charge a deposit fee. TradeStation may charge a withdrawal fee. Some withdrawal fees are out of the control of TradeStation and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

TradeStation minimum deposit is 500 USD / GBP / EUR.

How to start your TradeStation account?

You can sign up for a live or demo TradeStation trading account by visiting TradeStation and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an TradeStation account here.

How's the TradeStation trading app?

TradeStation allow traders to trade financial markets on iOS, Android and Windows supported mobile devices.

You can tryout the TradeStation trading app here. Your capital is at risk

Is the quality of TradeStation customer service satisfactory?

TradeStation have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

TradeStation is a good trading platform for new traders as TradeStation offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from TradeStation?

TradeStation offer a good selection of withdrawal options. Once TradeStation have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best TradeStation Alternatives Reviews

If TradeStation isnt quite what you are looking for you can check out some of the best TradeStation alternatives below.




Best TradeStation Alternatives In Detail

If you would like to see TradeStation compared agains some of the best TradeStation alternatives available right now you can do so by clicking on the links below.

Check out RoboForex โ€“ Professional services on Forex market

Ashly Chole - Senior Finance & Technology Editor

TradeStation Review 2024 (Expert Review) guide updated 23/07/24