Tradestation Review

TradeStation is a broker-dealer and financial services provider that offers a wide range of products and services to traders and investors. TradeStation was founded in 1982 and has since grown to become one of the most well-respected firms in the industry. In this review, we’ll take a closer look at the services and features offered by TradeStation to help you decide if it’s the right choice for your trading and investing needs.

Tradestation Review
Tradestation Review

Account Opening

Opening an account with TradeStation is a straightforward process, and the broker offers various account types to cater to the diverse needs of traders and investors. The account types include individual, joint, corporate, trust, and retirement accounts. The minimum deposit required to open an account varies depending on the account type. The account application process is fully online, and traders can easily submit the required documents, including proof of identity and address.

Trading Platforms

TradeStation offers several trading platforms that cater to the needs of traders of all levels. The flagship platform is TradeStation Desktop, which is a powerful, feature-rich platform that offers advanced charting and analysis tools, customizable layouts, and integrated trading tools. The platform supports automated trading strategies, and traders can easily create their own strategies using the EasyLanguage programming language. TradeStation Desktop is available for Windows and Mac.

TradeStation also offers a web-based platform, TradeStation Web Trading, which is accessible from any browser and doesn’t require any software installation. The platform offers a simplified trading interface and includes advanced charting and analysis tools. The platform supports both manual and automated trading strategies and offers a range of order types and trading tools.

Finally, TradeStation offers a mobile app that is available for both iOS and Android devices. The app offers a simplified trading interface, advanced charting and analysis tools, and real-time market data. Traders can place trades, monitor their accounts, and receive notifications on the go.

Fees and Commissions

TradeStation’s fee structure is transparent and competitive, with low commissions on stocks, ETFs, and options. The broker charges $0 for stock and ETF trades and $0.50 per contract for options trades. However, traders who require broker-assisted trades will have to pay an additional fee of $50 per trade.

Customer Support

TradeStation offers excellent customer support through multiple channels, including phone, email, and live chat. The broker’s customer support team is available 24/7 and is highly responsive and knowledgeable. The broker also offers an extensive knowledge base and online resources to help traders and investors learn about trading strategies, platform features, and market trends.


TradeStation is a member of SIPC, which provides protection to securities customers of its members up to $500,000 (including $250,000 for claims for cash). The broker also uses advanced security measures to protect customer data and assets, including 256-bit SSL encryption and two-factor authentication.

Pros & Cons


  • Powerful trading platforms with advanced charting and analysis tools
  • Low commissions on stocks, ETFs, and options
  • Competitive fee structure with no hidden fees
  • Excellent customer support
  • Transparent and comprehensive educational resources
  • Strong security measures


  • Higher minimum deposit requirements compared to some other brokers
  • Additional fees for broker-assisted trades


TradeStation is a well-respected broker that offers a comprehensive range of products and services for traders and investors. The broker’s trading platforms are powerful and feature-rich, and the fee structure is transparent and competitive. The broker’s customer support is excellent, and the educational resources provided are comprehensive and transparent.

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