• About
    • Read Our Disclaimer
    • Store
    • Contact
  • Rooms
  • Lists
    • Day Trade Watch List
    • Swing Trade Watch List
  • Alerts
    • Real-Time Trade Alerts
    • Trade Alert Signals
  • Courses
    • Candlesticks eBook
    • Beginners Course
    • Basic Day Trading
    • Advanced Day Trading
    • Swing Trading
    • Basic Options
    • Advanced Options
    • Futures Trading
    • ThinkorSwim Setup
    • Lightspeed Setup
    • Interactive Brokers Setup
  • Tools
    • Scanners
      • Trade Ideas
      • Benzinga
      • Finviz
      • Stock Rover
      • Black Box Stocks
    • Charting
      • TrendSpider
      • Flowtrade
      • Simpler Trading
      • TradingView
      • Bookmap
    • Discounts
    • Stock Market Books
      • Day Trading Books
      • Swing Trading Books
      • Options Trading Books
  • Blog
  • Subscribe
  • Members
  • Search
Bullish Bears Trading: Stocks, Options & Futures + Free Stock Market Courses
  • About
    • Read Our Disclaimer
    • Store
    • Contact
  • Rooms
  • Lists
    • Day Trade Watch List
    • Swing Trade Watch List
  • Alerts
    • Real-Time Trade Alerts
    • Trade Alert Signals
  • Courses
    • Candlesticks eBook
    • Beginners Course
    • Basic Day Trading
    • Advanced Day Trading
    • Swing Trading
    • Basic Options
    • Advanced Options
    • Futures Trading
    • ThinkorSwim Setup
    • Lightspeed Setup
    • Interactive Brokers Setup
  • Tools
    • Scanners
      • Trade Ideas
      • Benzinga
      • Finviz
      • Stock Rover
      • Black Box Stocks
    • Charting
      • TrendSpider
      • Flowtrade
      • Simpler Trading
      • TradingView
      • Bookmap
    • Discounts
    • Stock Market Books
      • Day Trading Books
      • Swing Trading Books
      • Options Trading Books
  • Blog
  • Subscribe
  • Members
Bullish Bears Trading: Stocks, Options & Futures + Free Stock Market Courses

Home » BLOG » TradeStation » TradeStation Broker Review: Award-Winning & Worth It?

TradeStation Broker Review: Award-Winning & Worth It?

Posted on September 12, 2019 by ChrisM - Brokers, Reviews

All aboard for a TradeStation Broker Review. This award-winning company has been chugging along since it was founded in 1982; originally under the brand name of Omega Research. The TradeStation Brokerage service offers analysis and research tools to accommodate traders of all levels.  Experienced technical traders won’t need much of an introduction to this well-established service. They’re known for their proprietary coding language called EasyLanguage.

Click to Open TradeStation Account

Table of Contents
  • Is Tradestation a Good Trading Platform & Broker? (Review Breakdown)
  • How Much Does Tradestation Cost per Month in 2022? (Review of Pricing)
  • Does Tradestation Have Level 2 Quotes?

Is Tradestation a Good Trading Platform & Broker? (Review Breakdown)

  1. Is TradeStation a good trading platform? Yes they are a good platform and are a U.S. broker. They have evolved to become an online broker using its own clearing firm.  This alone made them popular among hardcore active traders to investors.
  2. The TradeStation platform is available for browser and desktop trading. It also has a mobile app for trading on the go.
  3. The mobile app is available for both iOS and Android and allows for some customization. Traders can monitor their trades in real time, place orders with one click, analyze their charts, and set up alerts.
  4. Access to a browser is all that’s needed to access TradeStation Web Trading. Even if traders aren’t at home at their desktop computer, they can still securely login to check on and manage their accounts.
  5. The desktop version is among the best available. Traders can enter and exit trades rapidly. Tools are available to customize charts, and test and automate trading strategies.
  6. The interface is very straightforward and user-friendly for beginners. They also offer a wide range of complex features for seasoned traders who may wish to create their own indicators using EasyLanguage.

Check out our trading service and trading room where you’ll learn the tools to use TradeStation.

Bells and Whistles

TradeStation Rebate

Our TradeStation review looks at the bells and whistles of this broker. You’ll find a vast library of educational materials at TradeStation University.

Knowledgeable articles, eBooks, and video tutorials are available on a variety of trading topics. All designed to educate traders on the use of trading technology and trading itself.

Radarscreen is customizable and enables traders to monitor in real time up to 1,000 symbols.

OptionStation Pro platform is a comprehensive options analysis system with easy drag-and-drop position management and a slew of advanced features; including integrated probability cones and interactive 3-D position graphs.

Portfolio Maestro is a state-of-the-art backtesting tool that runs on decades of historical data; both daily and intraday. It’s able to handle even the most complex strategies.

For example, it produces Performance, Optimization, Optimization Performance, Order, and Trade Log reports. While enabling traders to do Monte Carlo, Walk Forward, and/or Correlation analysis (watch us do trading live streams each day in our trading rooms).

How Much Does Tradestation Cost per Month in 2022? (Review of Pricing)

  1. $99.95 per month but it’s waived if you trade 50 contract, have a $10,000 balance or trade 5,000 shares
  2. TS Select requires a $2,000 minimum deposit and includes $0 commission fees on stocks, etf’s, options, and futures
  3. Select also has free web trading, mobile apps trading, and desktop trading
  4. TS GO includes free web trading, mobile apps trading but trading surcharges apply to desktop trading. $0 minimum deposit required.
  5. Both the TS Select and TS Go plans include free real-time data

Fees are important to traders so our TradeStation review has got you covered. Currently, TradeStation offers individual, joint, IRA, entity, and custodial accounts. Also included are funding options of a check, wire transfer, Smart transfer, or ACAT electronic transfer.

Full info on pricing, including unbundled pricing, tiered plans, and per contract rates can be found at TradeStation. Their rates are comparable to other brokerage firms, and prices are stated outright with no hidden fees.

Check out our penny stocks list for stocks to trade.

TradeStation Review

Should You?

As a broker, TradeStation stands out because of its trading platform. And even if their rates aren’t the lowest, you’ll find them as good, if not better, than most popular brokers.

Customer Support, on the other hand, has received excellent reviews. It’s a common complaint among traders to not receive timely responses from their brokers.

Traders can contact their TradeStation broker by phone Monday – Friday from 8 a.m. – 8 p.m. Eastern time. Customer Support is available via live chat and email 24 hours a day between Sunday 3:30 p.m. to Friday 8 p.m. Eastern time (check out a list of the top brokerage firms)

Active Traders: Tradestation Broker Review

TradeStation Review

The only warning I would give regarding opening an account with TradeStation broker is that it’s geared toward active traders. A part-time trader may find the fees a little too high.

Plus, they may consider the numerous features, functions, and tools to be a bit overwhelming. This broker is ideal for active and experienced traders. As a go-to brokerage for the pros for a long time, with the new reduced account minimum, it became attractive to newbies as well.

Check out our stock alerts for real time trades with entries and exits.

Does Tradestation Have Level 2 Quotes?

  • TradeStation offers real-time level 2 quotes for stocks, futures, and options on their free trading platform.

Naturally, you all know that the best trading and stock training comes from your own experience and the know-how of others. I’m talking about both the wisdom of those who have been through the trenches and your own hands-on experience.

The Bullish Bears community offers both.

It was created with the vision of becoming the most trusted stock market trading community in the world. With the mission to give members an honest, realistic, and affordable education in the stock market.

If you need more training in the stock market, then make sure to take the online trading courses (a $3,000 value!). join the team so that you can benefit from the experience of others.

Make sure you take the Bullish Bears courses to completion first before entering any trades.

Our goal is to protect you so that you do not lose your very hard-earned capital. Don’t limit yourself to learning Technical Analysis only. Any technical trader knows a dash of fundamentals goes a long way.

After all, it is just a tool to help you find your edge. And even with a strategy that yields a positive edge, no broker, no software, no platform can teach you discipline and risk management.

Stay on Track

Trading with the Bullish Bears community will help you stay on track until you can trade like a Zen Master. TradeStation and Technical Analysis won’t get you in the zone. But it will inform your trading decisions.

So, let’s go! Subscribe and learn stock trading to be the trader you’re meant to be today!

Click to Open TradeStation Account

Tags: TradeStation, tradestation broker, tradestation broker fees, tradestation broker minimum deposit, tradestation broker review, tradestation brokerage, tradestation brokerage account, tradestation brokerage fees, tradestation brokerage review, tradestation cfd, tradestation demo, tradestation fees, tradestation minimum deposit, tradestation platform

Online Trading Courses

Leave a Reply

Your email address will not be published. Required fields are marked *

Start Your Free Trial

Subscribe

Download Our Free eBook

Candlesticks E-Book

RECENT POSTS

  • What Is a Composite Index?
  • What Is the Private Placement Definition?
  • Boeing Stock Analysis for 2022

Related Articles

Barchart Review
Barchart Stocks Screener Review – Top Stock Signals Screener?
MarketClub Review
MarketClub Review: Why We Love Their Trade Triangles
Interactive Brokers Review
Interactive Brokers Review: Good Broker for Beginners?

Previous

« What Is a Stock Trader?

Next

What Is the Best Day Trading Software for Beginners? »
  • Home
  • Disclaimer
  • Watch Lists
  • Alerts
  • Courses
  • Rooms
  • Blog
  • FAQ
  • Contact
  • Subscribe
  • Member Login

© 2022 by Bullish Bears LLC.

Connect With Us:

If you do not agree with any term of provision of our Terms and Conditions you should not use our Site, Services, Content or Information.

Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.

If you would like to contact the Bullish Bears team then please email us at bbteam[@]bullishbears.com and we will get back to you within 24 hours.

BullishBears.com, 60 Pinney St, Ellington, CT. 06029 United States

DISCLAIMER: We’re not licensed brokers. You’re 100% responsible for any investments that you make. We’ll let you copy our trading strategies but we don’t make money 100% of the time. Read our full disclaimer before making any trades – https://bullishbears.com/disclaimer/

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT