TradeStation
TradeStation is a comprehensive online brokerage and trading platform designed for active traders, offering direct-market access across stocks, options, futures, futur…
Our verdict
Who it's for
Advanced trading platform for stocks, options, and futures
Who should look elsewhere
Options and futures trading involve significant risk and may not suit all investors
Pros
- +Award-winning platform recognized for innovation and reliability
- +Commission-free stock and ETF trading for U.S. customers
- +Comprehensive suite of advanced tools for active traders and institutions
Cons
- −Options and futures trading involve significant risk and may not suit all investors
- −Some advanced features and market data packages require additional fees
Key features
- ✓Multi-asset trading: stocks, options, futures, futures options, ETFs, mutual funds
- ✓Advanced desktop, web, and mobile trading platforms with customizable layouts
- ✓OptionStation Pro for complex options strategies and risk analysis
- ✓FuturesPlus for advanced derivatives trading with Vol Curve Manager
- ✓Backtesting engine with decades of historical market data
- ✓Simulated trading for strategy testing without risk
- ✓Trading APIs for custom application development
- ✓Direct-market access to dozens of market centers
Pricing
| Plan | Price | Billing | Notes |
|---|---|---|---|
| Tier 4 | — | month | $0 per options leg (limited time); Equities and options orders |
| Standard | — | month | All order types; Sub-dollar and non-NMS trades; Direct routing available |
More in Finance & Accounting
All →Compare with a peer: TradeStation vs 9fin, TradeStation vs Abacum, TradeStation vs AccountEdge