differences between tradestation 9.5 and tradestation 10

TradeStation charges $10 per trade on the desktop application for TS Go users.įor stock options, futures, micro futures and futures options contracts, there are no commissions, but TradeStation charges a small fee per contract: If you sign up for TS GO, which has no minimum deposit requirement, you can only make free trades online and through the app. If you sign up for TS Select, which requires a $2,000 minimum deposit, you can make free trades online, through the web and on the desktop program. Users should carefully consider which TradeStation platform they need. Keep in mind that big institutional investors, like investment banks and hedge funds, which trade potentially millions of shares a day, are core users of TradeStation. If you make a trade for more shares, TradeStation charges $0.005 per share for each security over the 10,000 limit. The platform offers commission-free trading of stocks and exchange-traded funds ( ETFs)-but only for orders of 10,000 shares or less. However, the amount you’ll pay depends on the platform you choose (there are several), the assets you trade and your total trading volume. TradeStation does a good job in terms of brokerage commissions. Our listing of the best online brokers for beginners offers great alternatives-but if you really know what you’re doing and want one of the best trading platforms in the business, consider TradeStation. This could catch beginners off-guard.Īlso, TradeStation’s customer service wasn’t the greatest (more on that below), so it could be challenging for beginners to get the help they might need. If you don’t meet that minimum and trade on the desktop platform, it costs you $10 per transaction. First, you need to deposit at least $2,000 to access the desktop platform for free. While there are also less complicated web and mobile TradeStation platforms, even they have some roadblocks for beginners. You can download hundreds of apps to create new strategies and tools, and if you know how to code, you can even write your own strategies directly on the platform.įor less sophisticated investors, the TradeStation desktop platform may be overwhelming. TradeStation’s desktop trading platform is incredibly sophisticated: Not only does it offer powerful charting, automated trading and real-time scanning of market indicators, it’s also highly customizable. Its trading platform is widely used by institutional investors, such as hedge funds, family offices and investment bank proprietary trading desks. TradeStation is a top choice for day traders and serious investors.

Differences between tradestation 9.5 and tradestation 10