Operating since 2015, Tradovate is an online trading broker that offers futures and options trading through a range of desktop-based, web-based, and mobile app-based trading platforms that can integrate seamlessly. The trading platforms offer commission-free and cloud-based solutions to active futures traders. Clients also enjoy access to educational resources and a client support team. There are multiple trading account options to meet the differing trading needs of clients, and the broker charges no commission on trades.
Tradovate Review Introduction
In this Tradovate review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Tradovate.
Tradovate Platforms & Tools
The broker provides traders with an in-house-built trading platform. It is a cloud-based platform that was designed for speedy and integrated multi-device trading. It also enables traders to use their favorite indicators and charting tools for market analysis. The platform has Direct API integrations, enabling seamless trading across all your screens with premium partners, like Tradingview, Jigsaw, and Collective2.
The broker makes the Tradovate trading platform available as a desktop application for Windows and Mac computers; a WebTrader that runs directly on web browsers, such as Google Chrome, Safari, Firefox, and Edge; and a mobile app that’s compatible with smartphone devices running on Android and iOS. It can be downloaded from the relevant app stores and used to place trades and check trading positions while on the move.
Tradovate Research & Education
Tradovate provides traders with a selection of educational resources, including a trading blog that contains a wide range of educational articles to keep traders informed on the latest happenings in the financial markets, Press Releases, and an FAQ section that offers instant answers to clients’ most common questions.
Tradovate Trading Accounts
Tradovate offers a variety of different trading account options to meet the individual trading objectives and capital of clients. They include the following: Individual, Joint, IRA, Corporate, LLC, Trust, and Partnership Accounts.
Demo accounts are also available. They are recommended for beginner traders to try out the broker’s platforms and practice risk-free trading with virtual funds before opening a live trading account.
Tradovate Account Funding
Traders can deposit and withdraw funds from their trading accounts using any of the following payment methods:
- Mailed check
- Wire transfer
- ACH bank transfer
Some methods may not be available for both deposits and withdrawals. The time it takes to process the transaction is dependent on the payment method used.
Tradovate Customer Service
Tradovate provides clients with a support team that is polite and prompt in response. They can be reached through telephone, email, Live Chat, and social media.
Tradovate Regulation
The brokerage services are provided by Tradovate LLC, which is a member of the National Futures Association (NFA) and registered with the Commodities Futures Trading Commission (CFTC).
Tradovate Review Summary
Overall, Tradovate is a modern trading broker that offers futures and options trading via proprietary trading platforms. They operate from Ohio using the STP execution model, which ensures speedy execution of clients’ orders from the liquidity providers. Traders also get access to a selection of educational materials and 24/7 customer support. There are multiple account options to meet the trading needs of clients.
It is worth mentioning that some of the trading products and services in this Tradovate review may differ or not be available to traders in some countries due to regulations. As broker’s terms can change over time, please verify all information is up to date directly from the Tradovate broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Tradovate
Features
- Futures and Options trading
- Multi-version trading platforms
- A selection of educational resources