A General Understanding Of TradeStation
TradeStation Is A Brokerage Company Registered In The UK. The Company Offers A Range Of Trading Platforms, Including The TradeStation Platform, Trader Workstation (tws), Ibkr Mobile App And Ibkr Web Trader.
Trader TradeStation Has Access To A Wide Range Of Tradable Assets, Including Stocks, Futures, Micro-e-mini Futures, Forex, Options And CFDs. The Minimum Deposit Requirement Is $1, And Maximum Leverage Information Is Not Specified. TradeStation Offers Different Account Types Such As Individual, Joint, Escrow, Various Physical Accounts, Etc., To Meet Different Trading Needs. They Provide Users With Demo Accounts To Practice Trading And Provide Customer Support Via Live Chat, Phone Or Email. Deposits And Withdrawals Can Be Made Via Cash, Telegraphic Transfers, Cheques And Cryptocurrencies.
TradeStation Also Offers Educational Resources Including FAQs, Platform Downloads, Educational Videos, Pre-loaded Watch Lists And Demo Trading To Help Traders Enhance Their Trading Knowledge And Skills. However, It Has Been Identified That The Broker Is Outside The Scope Of Business As Stipulated By The FCA.
Market Tools
TradeStation Advertises It As A Multi-asset Platform With A Wide Range Of Financial Marekt Trading Tools Including Stocks, Futures, Micro Electronic Mini Futures And Foreign Exchange. Some Other Trading Assets Such As Options And CFDs Are Also Available.
TradeStation Offers Traders A Variety Of Trading Assets, Including:
- Stock Trading: TradeStation Allows Traders To Access Major Global Stock Markets And Take Advantage Of Trading Opportunities.
- Futures Trading: TradeStation Offers Leveraged Futures Trading, Which Is An Efficient Way For Traders To Access Different Asset Classes And Markets.
- Micro-E-Mini Futures: TradeStation Also Offers The Option To Trade CME Micro-E-Mini Futures, Which May Be More Accessible For Traders With Smaller Accounts.
- Forex Trading: TradeStation Gives Traders Access To The World's Largest Forex Market And Takes Advantage Of Advanced Trading Tools For Analysis And Execution.
Comprehensive, TradeStation Global Offers Multiple Trading Assets Across Multiple Markets And Asset Classes, Providing Traders With Ample Opportunities To Diversify Their Portfolio And Achieve Their Trading Goals.
Account Types
In Addition To Demo Accounts, TradeStation Offers A Variety Of Account Types, Including Individual, Joint, And Escrow Accounts, As Well As A Full Line Of Individual Retirement Accounts (IRAs), Including Traditional Iras, Roth Iras, Simplified Employee Pension (sep) Iras, And Employee Savings Incentive Matching Plans (simple) IRA. Also, TradeStation Has A Wide Range Of Physical Accounts Covering Everything From Sole Proprietorships, Partnerships, Limited Liability Companies, Trusts, And Corporations. Minimum Deposit Requirements Vary By Account Type. For Example, The Minimum Initial Deposit To Open A Cash Account Is Only $1, While The Minimum Initial Capital Requirements For Margin, Futures, And Day Trading Accounts Are Much Higher, At $2,000, $5,000, And $25,000, Respectively.
Commission
Commission Is Affected By The Asset Class Held By The Trader. TradeStation Shows That The Commission For US Stocks, Etfs, Etps, Warrants Is $0.007 Per Share; US Stock Options Are $1.50 Per Contract; US Futures And Fops Are $1.70 Per Contract; FX And FX CFDs Are Trading Values Of 0.6 Basis Points; Available On The Broker's Official Website (https://www. TradeStation - International).
Trading Platform Available
When It Comes To Available Trading Platforms, TradeStation Gives Traders Four Options: TradeStation Platform, Trader Workstation (tws), Ibkr Mobile App And Ibkr Web Trader. The TradeStation Platform Boasts A Range Of Key Tools Such As Advanced Chart Trading, Customized Analysis, One-click Control, Easy Language Tools, Etc. TradeStation's Web Platform Has A Good Design And User Interface. With Mobile Apps, Traders Can Trade Anytime, Anywhere Through The Appropriate Mobile End Points, Including Ios And Android.
Main Features, TradeStation Platform
TradeStationglobal's Trading Platform Offers A Range Of Advanced Tools And Features, Including:
- Advanced And Fully Customized Editing, Charting: Live And Historical Price Charts With A Large Number Of Technical Tools Built In. All Analytical Tools Are Customized Through EasyLanguage ®, Allowing Traders To Add Plotting Tools, Backtest Trading Ideas, And Trade Directly On The Chart.
- Radar Screen ®: Advanced Real-time Watchlist And Opportunity Scanner That Can Sort And Rank Hundreds Of Symbols And Technical Signals And Alerts. It Helps Traders Discover Trading Opportunities Happening Around The World In Real Time.
- Matrix: Swiss Army Knife Trading Tool That Provides Market Depth, Advanced Order Entry And Order Tracking In One Window. It Enables Traders To Place And Modify Orders Quickly And Efficiently And View Their Positions In The Context Of Integrated Market Depth And Price Volume.
- EasyLanguage ®: TradeStation's Own Programming Language That Simplifies The Process Of Formulating, Writing And Backtesting Trading Strategies Without Complex Code. It Enables Traders To Translate Their Trading Ideas Into Analytical Techniques And Strategies.
Deposits And Withdrawals
TradeStation Accepts Deposits And Withdrawals For Ach, Telegraphic Transfers, Checks, And Cryptocurrencies Such As Bitcoin, Ethereum, Litecoin, Ripple, Etc. However, Some Other Popular Payment Methods Such As Credit/debit Cards And E-wallets Are Not Available. Withdrawals Are Only Processed On Bank Weekdays, I.e. Monday To Friday From 9:00am To 5:00pm. Bank Transfers For US Customers Are Usually Completed In One Day, But For Non-US Customers, This May Take Up To 15 Business Days. Withdrawals From TradeStation Are Free Of Charge. However, There Is A Fee Of $35 For Telegraphic Transfer Withdrawals For Non-US Customers And $25 For US Customers.
Fees
TradeStation Also Charges A Number Of Fees, Including But Not Limited To Exchange Fees, Liquidation Fees ($0.0002 Per Share), Transaction Fees Of $0.0000218 For The Total Sale Value Of Shares, ETFs, ETPS, Warrants, Rights, Voting Trust Certificates; And A Minimum Transaction Allocation Fee Of $0.0005 For Transaction Value, $0.35. More Specific Information About The Fees Can Be Found On Its Official Website.
CUSTOMER SUPPORT
TradeStation's Customer Support Can Be Contacted By Phone: + 442084878517, Email: TradestationGlobal@tradestation.com, Tradestationglobal@tradestation.com Or By Sending A Message Online To Get In Touch. However, This Broker Does Not Disclose Other, More Direct Contact Information, Such As The Company Address Provided By Most Brokers.
CONCLUSION
TradeStationglobal Is A Broker That Offers A Wide Range Of Trading Assets, An Advanced Trading Platform And Educational Resources. The Broker Is Licensed And Regulated By The FCA And Provides Users With Ample Opportunities To Diversify Their Portfolio And Achieve Their Trading Goals. However, TradeStation Has Some Restrictions, Such As Charging Specific Fees And Limiting Deposit And Withdrawal Methods. In Addition, Despite Being Purportedly Authorised And Regulated By The FCA, It Was Found To Be Outside The Scope Of Business Regulated By The FCA, Holding An Investment Advisory License And A Non-foreign Exchange License. It Is Important That Traders Conduct Their Own Research And Due Diligence Before Investing With Any Broker.
