Founded in 1997, TradeStation is an online brokerage that has been supporting self-directed traders and active investors for many years. It offers a range of proprietary trading analysis tools and advanced order placement technology to help customers design, test, and automate custom trading strategies.

Originally a software product, TradeStation allowed customers to develop and back-test their own trading strategies using historical market data. It then evolved into an online securities brokerage in 2001, integrating its software platform with real-time market data and order placement for securities and futures markets.

Market Instruments
TradeStation offers trading in stocks, options, futures, futures options, ETFs, and mutual funds.

Account Types
TradeStation offers several types of accounts to accommodate different trading needs and goals.

Individual and Joint Accounts:

These accounts are suitable for traders who want access to trading tools and research. They are flexible, and traders can upgrade to options or futures trading if they wish.

Retirement Accounts:

TradeStation offers a range of flexible retirement accounts, including Traditional IRAs, Roth IRAs, and SEP IRAs.

Entity Accounts:

These accounts are designed for corporations, limited liability companies, partnerships, trusts, and sole proprietorships. They offer a range of tools and services to help businesses invest and grow.

Commissions
TradeStation offers commission charges for stocks, options, futures, and cryptocurrencies. The commission fees differ based on whether the clients are U.S residents or non-U.S residents.

For instance, U.S residents are not charged any commissions for Stocks & ETFs and Stock Options, while non-U.S residents incur a $5 Commission per trade.

Traders are advised to visit the TradeStation website to obtain detailed information on the specific commission rates applied by the company.

Trading Platforms
TradeStation is a leading online brokerage that offers several state-of-the-art trading platforms to its clients.

One of the most popular platforms is TradeStation Desktop, which provides traders with access to stocks, ETFs, options, and futures. This platform offers advanced features, the ability to code your own applications using EasyLanguage, and maximum customization.

TradeStation also offers a web-based trading platform that can be accessed from any web browser with an internet connection. The Web Trading platform provides traders with all of the core functions of TradeStation Desktop, without requiring a download. This platform offers a user-friendly interface that makes it easy for traders to navigate and execute trades quickly. The platform also provides real-time market data, advanced charting tools, and a wide range of technical indicators.

Deposits & Withdrawals
TradeStation offers several options for depositing and withdrawing funds from user accounts.

For wire transfer deposits, users can request wire instructions through the platform, which will provide them with the necessary details for making a wire transfer. Similarly, for wire withdrawals, users can enter the keywords “request wire” to initiate the process.

For ACH deposits and withdrawals, users can enter the keywords “request ach” to transfer funds to or from their TradeStation account through the Automated Clearing House network. Check deposits can also be made, with instructions available through the platform, while check withdrawals can be requested by entering the keywords “request a check”.

Equities account transfers to and from TradeStation can also be completed through the platform. By entering the keywords “account transfer”, users can initiate the process of transferring equities into their TradeStation account, while “acat withdrawal” can be used to move equities out of the account.

Moving funds between TradeStation accounts can be done using the “transfer funds between accounts” option, which provides a quick and easy way to move funds between different accounts held by the same user.

For IRA contributions, users can enter the keywords “make contribution” to add funds to their individual retirement account. Similarly, “IRA distribution” can be used to initiate withdrawals from the account, while “required minimum distribution” is available for managing IRA minimum distribution requirements.

TradeStation also offers international transfer services, with instructions available by entering the keywords “international deposits”.

Customer Service
TradeStation offers live chat. With live chat, customers can get their questions answered quickly and receive help with any issues they may have.

Customers can visit their office or get in touch with customer service line Monday – Friday, 8:00 a.m. – 5:00 p.m. ET using the information provided below:

Telephone: 8008220512 U.S. (toll-free) / 9546527900 U.S. (direct)

0080077776543 Europe (toll-free) / +19546527900 International (direct)

Email: [email protected]

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram, and YouTube.

Conclusion
In conclusion, TradeStation is a US-based online brokerage firm that provides a wide range of trading and investment services. Its major products and services include advanced trading platforms, trading instruments. It is known for its state-of-the-art trading platforms and tools, making it a popular choice among traders looking for advanced trading capabilities.

However, while TradeStation claims to have measures in place to protect customer accounts and personal information, it is important to note that some users have reported difficulties with withdrawals on their website. Additionally, the lack of valid regulation is a concerning point for some potential customers.