

In addition, options and futures contracts fees vary between TradeStation Select and TradeStation Go accounts.įor instance, TradeStation charges $0.60 per options contract for TradeStation Select accounts. For instance, TradeStation Go has no account minimum, but you'll need at least $2,000 for the TradeStation Select membership. The difference between the two plans comes down to pricing and account features. So you'll not only be able to trade on your own, with another individual, or for a dependent, but you'll also have access to commission-free trading on stocks, ETFs, options, and futures (futures are legal contracts that require investors to buy or sell a security at a specific price and upcoming date). TradeStation mainly offers two plans - TradeStation Go and TradeStation Select - that both allow for trading through individual, joint, or custodial brokerage accounts. Ways to invest with TradeStation Self-directed brokerage accounts While Interactive Brokers also provides a plethora of platforms and tools for advanced active traders, E*TRADE may be the better platform for beginners. The brokerage has several commission-free investments, and it also offers cryptocurrencies. TradeStation is a great option for active traders who like to take control of the securities they buy and sell. However, each brokerage varies when it comes to account features, investment options, and fees. TradeStation, E*TRADE, and Interactive Brokers all offer a vast range of account types and investment choices for all types of traders and investors. Stocks, options, futures, currencies, metals, bonds, ETFs, mutual funds, hedge funds Stocks, ETFs, bonds, options, mutual funds, futures, and CDs Stocks, ETFs, options, futures, futures options, mutual funds, cryptocurrencies, and IPOs $0 for IBKR Lite IBKR Pro: $10/month for accounts with $100,000 or less, $20/month for accounts with $2,000 or less $0 ($500 for automated investment management)Ġ%($0.006- $0.01/trade per-share commission plans $0.0002 per share unbundled accounts $0.005/share if trades above 10,000 for TS Go and TS Select 0.50 - $1.50 options and futures contracts)Ġ% (0.30% automated investment management) $0 ($2,000 for margin trading $500 for an equities account on the per-share commission plan $500 for futures on tiered commission plan) TradeStation is available on iOS and Google Play devices. The platform includes advanced portfolio monitoring and automation tools, market scanning features, fully customizable charting, efficient trade execution, and advanced order management.


#BEST MAC FOR TRADESTATION WINDOWS#
If you're particular about trading tools and platforms, the brokerage also provides an award-winning TradeStation 10 desktop platform for Windows users (Mac OS users can set up the platform through a Windows emulator software). And on the account side, TradeStation offers individual, joint, and custodial brokerage accounts. The investment app's commission-free choices include stocks, ETFs, options, futures, Micro E-Mini futures, futures options, and more.

TradeStation is best for experienced active traders looking for a variety of low-cost investment choices, account types, and trading tools. Get up to $5,000 when you fund your TradeStation account. $0 ($2,000 for margin trading and TradeStation Select accounts $500 for an equities account on the per-share commission plan $500 for futures on tiered commission plan) 0% ($0.006- $0.01/trade per-share commission plans $0.0002 per share unbundled accounts $0.005/share if trades above 10,000 for TS Go and TS Select$ 0.50 - $1.50 options and futures contracts)
