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TradeStation Review

TradeStation has traditionally focused on high net worth, experienced and active traders, but this has changed. After removing minimum funding requirements and platform fees, introducing crypto, launching YouCanTrade and merging with TradingView, TradeStation's customer base is getting younger. As more and more traders of all levels look for stable and reliable platforms, the company has seen an increase in new customers turning to TradeStation for its reliability.

What is TradeStation

TradeStation customers can trade and invest from multiple devices and platforms, using stocks, exchange-traded funds (ETFs), cryptocurrencies, options, futures, mutual funds, bonds, and the initial public offering (IPO) markets. A powerful and fully customizable trading platform makes TradeStation ideal for active technical traders who want advanced charting, testing, order entry and automation capabilities. Meanwhile, less experienced investors and traders can learn about the financial markets - and how to use the TradeStation platform - through YouCanTrade's educational community and service. We'll take a look at TradeStation's comprehensive offering to help you decide if it's the right choice for your investment needs.

The pros and cons
  • Positive
  • Professional trading platform with fast and reliable order execution
  • Competitive prices
  • Easy trading interfaces and advanced order types
  • Dynamic code sorting and scanning tools
  • A powerful simulation business environment
  • Develop and automate a powerful strategy

  • A sophisticated interface can be intimidating
  • Mutual funds with no transaction fees
  • Possible long waiting times for technical support

TradeStation has a professional trading platform with fast and reliable order execution, exceptional charting, technical analysis, order entry, strategy development and trade automation technology.
There is also a combination of advanced order routing technology, regular and accurate speed reviews, execution quality and price optimization that ensure high quality trade execution.

Trade Experience

TradeStation has commission-free stock and ETF trading, as well as competitive pricing for options, futures, futures options and cryptocurrencies. Previously, TradeStation had an offer of TS SELECT and TS GO, where TS SELECT accounts require a minimum of $2000 for $0 with TS GO, but the minimum for TS SELECT has expired and TS GO is being discontinued.

TradeStation features

TradeStation features easy-to-use trading interfaces and advanced order types. There is one-click trading and drag-and-drop with multiple easy-to-use interfaces, including chart trading, matrix, Quick Trade, trade bar and keyboard trading. Set conditional orders, stops and profit targets on all platforms.

TradeStation offers

TradeStation offers dynamic tools for sorting and scanning codes. RadarScreen sorts a list of up to 1,000 predefined icons in real-time based on user-defined criteria. The scanner app scans thousands of symbols (for example, all stocks) based on more than 180 technical and fundamental indicators, as well as custom studies.

TradeStation has a powerful simulated trading environment. Test your trading ideas and strategies, hone your trading skills and execute demo trades using real-time streaming market data - without risking your capital.

TradeStation enables powerful strategy development and automation. Build, test, improve, monitor and fully automate trading strategies using pre-built strategy components or EasyLanguage, TradeStation's proprietary programming language.

TradeStation has a relatively steep learning curve. It takes time and effort to learn how to use all the features of the platform and maximize its potential.

The TradeStation platform is sophisticated, which can seem confusing at first, especially for less experienced traders. However, navigating and learning is easier than you think.

 Unlike many brokers, TradeStation does not offer commission-free, transaction-free mutual funds. However, this is not a problem, as the broker is aimed at active traders, not buy-and-hold investors.
TradeStation has some potentially long wait times for technical support. Wait times can be long when calling tech support, which can be frustrating if you have a problem during trading.

The process of opening a TradeStation account is very simple and fast. You can open and fund an account and start trading stocks and options the same day. The TradeStation website has undergone many updates over the past few years and it's easy to