TradeStation
VerifiedActive trader platform covering stocks, options and futures with strategy automation
See all screenshots - Deployment Cloud Based, On Premises
- Starting price Free
- Free trial Available
- Best for Freelancers, Small Business, Medium Business
What is TradeStation?
TradeStation is an online brokerage and trading platform for active traders, covering stocks, options, futures, futures options, exchange traded funds and mutual funds. It offers a desktop platform, a web platform, mobile apps and a dedicated futures interface, alongside API and developer tooling.
Strategy automation is the capability the platform has historically been known for, letting a trader express a system in code, test it against historical data and then run it live. That closes the loop that most platforms leave open, where a trader can analyse and can execute but has to sit between the two manually. Backtesting in particular is what allows a strategy to be assessed before capital is committed to it.
Order execution quality is published, which matters more to an active trader than headline commission rates. On a high volume account the price actually obtained on each fill can outweigh the commission entirely, so a firm that reports execution quality is exposing the number that decides real cost.
The platform serves individual, institutional and developer audiences from the same infrastructure, with fully paid stock lending, margin, and simulated trading for practising without risk. Options for new accounts are advertised at 0 dollars per leg with no volume minimums.
Key Features of TradeStation
- Stock, option, futures and ETF trading
- Strategy automation and backtesting
- TITAN X desktop platform
- Web and mobile trading platforms
- Simulated trading
- Published order execution quality
- API and developer solutions
- Fully paid stock lending
- Margin accounts
- Institutional and developer offerings
TradeStation Pricing
Options, new accounts
Free
Advertised at 0 dollars per leg for new accounts with no volume minimums. A separate new account promotion offers up to 3,500 dollars in cash rewards under its own terms.
TradeStation Specifications
- Deployment
- Cloud Based
- On Premises
- Desktop
- Windows
- Web App
- Mobile
- iOS
- Android
- Built for
- Freelancers
- Small Business
- Medium Business
- Support
- Phone
- Live Chat
- Knowledge Base
- Public API
- Yes
- Free trial
- Yes
- Free plan
- No
- Runs in browser
- No
- Customisable
- No
- Website
- tradestation.com
TradeStation Comparisons
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