Question 1

What is TradeStation?

Accepted Answer

TradeStation is an online do-it-yourself, day-trading brokerage with a heavy emphasis on real-time market analysis and provides customization software to meet the needs of serious and casual investors.

Question 2

Who owns TradeStation?

Accepted Answer

TradeStation is owned by the parent company, Monex group, which is known for financial services products.

Question 3

How much does TradeStation cost?

Accepted Answer

TradeStation offers two main products: TradeStation Select and TradeStation Go, both of which offer commission-free trading and free services on mobile, web, and desktop, with the exception of desktop use on TradeStation Go which charges $1.40 per contract. Moreover, the commission-free trading is only applicable 10,000 shares per trade, if more shares are traded, then a $0.005 fee/share will apply. Additionally, TradeStation Select requires a minimum of $2,000 deposit. However, if users would not like to sign up for a brokerage account, and would prefer to only access the software, a $99.99 / month fee applies. This fee is $199.99 for professionals.

Question 4

Is TradeStation for beginners?

Accepted Answer

Originally, TradeStation has been for the active day trader looking to make trading a significant part of their life. Whether that be as a side hustle, or full-time. TradeStation offers a wealth of market analysis in real-time and for the beginning investor, all of the resources that the platform offers may seem overwhelming. However, with their new zero dollar commission service, TradeStation is opening up its services to more casual investors who don’t want to deal with commission fees that come with only investing in a few trades at a time.

Question 5

Does TradeStation have a demo account?

Accepted Answer

TradeStation does offer a demo account. Again the account is unavailable for Canadian residents.

Question 6

Where is TradeStation located?

Accepted Answer

Trade station is headquartered in Florida but has offices all across the United States as well as in Costa Rica.

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