TradeStation Reviews

TradeStation is an online brokerage. Many of its investment options, including stocks, options and futures, can be traded on a commission-free basis, which gives you a clearer understanding of the price of investing. With TradeStation, you also have access to multiple trading platforms, a resource center and market insights to help make the most educated investing decisions.

With TradeStation, you first choose which type of investment you want to open. Options include individual, joint, retirement and entity accounts.

You then choose between TradeStation’s two pricing plans, TS GO and TS Select, which don’t charge commissions for many popular products. After you set up your account, you can start to fund it through smart transfers, wire transfers, check deposits or electronic transfers.

TradeStation’s investment products include:

• Stocks
• Options
• Futures
• Futures Options
• ETFs
• Crypto
• Mutual Funds
• Bonds

Pricing for TradeStation depends on what plan you choose and what trades you make. The company does a good job of breaking down the intricacies of what you’ll pay for specific trades on its website, but as far as securities trading goes, your choice really comes down to which commission-free plan you want:

• TS GO has higher rates per contract and may result in trading surcharges on the company’s desktop platform. However, it has no account minimum.
• TS Select has lower rates per contract but a $2,000 minimum deposit.

Fees for Tradestation Crypto vary by the plan you choose (Maker or Taker) and the amount in your accounts, ranging from 0.05% to 0.3%. Service fees may also apply.

TradeStation is a legitimate company offering a wide variety of investment options and support. Its tiered pricing may be a negative for new investors who don’t have enough in their accounts to qualify for TS Select rates, but the platform is still accessible enough for beginning traders. Overall, TradeStation is a decent option if you’re looking for an online brokerage platform.