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