Trade Station

Love it's Easy Language Feature

I needed a platform where I can back test a strategy that I have. I don't know much about coding in C++ or Java, but Trade Station has given me the opportunity to build it using easy language and being able to back test my strategy. There platform is great and service is too.

Trust Score

2.4

User’s Review Ratings

Overall

I love this broker!

This is an amazing broker to you use if you're not too familiar with trading or even an expert, they're very helpful and I've made alot of money with them

Trust Score

5.0

User’s Review Ratings

Overall

Trust Score

2.2

User’s Review Ratings

Overall

Great broker, easy language is amazing!

Tradestation is a great broker. Their easy language is easy to learn and a powerful tool to develop and automate trading strategies.

Trust Score

1.0

User’s Review Ratings

Overall

The Worst Customer Service Ever!

The account manager was the only good guy there. I opened a small account.

After the initial transfer of funds within hours they debited my account for account fees, then it took a few days to get that back. So that was the beginning of a terrible experience. The margin team or trade desk guys are the rudest I've dealt with! They pride themselves on taking out clients from their positions without a warning! Beware! By the time I got a margin call e-mail my positions were already liquidated with huge losses. while still having of plenty of capital to cover and on the reversal signal to top it all off !!! I received e-mailed margin calls in the middle of the night while being totally flat!Those guys have no people skills and should not be answering the phones! They don't get that the guy on the other side just incurred losses and treat clients like criminals! Stay away! They nickel and dime you for everything! Studies that Think or swim offers for free cost thousands to use on TS! The platform is overhyped many issues all of the time. The strategies do not work on the latest updates so you have to roll back to each roll back to test if it works as you do that you loose the workspace you have created or you have to re-write them for every update. When I finally closed my account I got an e-mail from the "big manager" to contact him to see if they can save me as a client but he does not answer his phone! The only guy who cared was the guy who helped me open account! Last but not least Tech support wait 20 minutes to an hour compare that with 30 seconds at TD Think or Swim, Schwab 1 minute. etc.... I would never recommend them unless you are an automated trader and don't have to deal with personal !

Trust Score

1.0

User’s Review Ratings

Overall

It could be cheapter 7 updated more often

They used to be the leader in charting but they are just an old company that refuses to get with the times.. their platform is very heavy and their fees are completely ridiculous compared to the NinjaTrader version which is freeeee!!

Trust Score

1.0

User’s Review Ratings

Overall

Good tool for active and swing traders alike...

TradeStation is a solid platform with plenty of trading tools and indicators (both in-house and 3rd party). Users can program their own indicators, strategies and trading signals using Easy Language which is generally user friendly but does take some time in which to become proficient. Data is generally very fast and reliable with the option of picking different data streams.

Pros: TradeStation is able to handle a large number of RT screens tracking different stocks and commodities without bogging down.

Cons: The only real negative is that traders either have to set up a trading account with Tradestation securities or pay a lot more for the platform.

Trust Score

3.4

User’s Review Ratings

Overall

Broker

I'm leaving positive feedback for Trade Station because while many have had issues the last few weeks with their charts keeping up with the extreme volume in the market, I've experienced NO lag in either my charts or my orders. They have been extremely reliable even in this volatile market.

Trust Score

1.0

User’s Review Ratings

Overall

Great platform...analysis tools

This is a very practical, intuitive platform loaded with features for technical analysis of stocks, commodities, options and forex and backtesting strategies. Platform is free if you meet the minimum volume requirements each month, otherwise a bit expensive for certain lower volume day trading strategies. Use it primarily to manage retirement and investment portfolios.

Fees not too bad but could be lower for FX trading...pip spread plus fixed fee for less than standard lot size. Give up quite a bit on a 2-3 lot mini trade.

Overall, a great platform.

Trust Score

1.0

User’s Review Ratings

Overall

Good

Excellent research tools

Direct-access trading

Fully customizable trading platform

Active online community

Trust Score

5.0

User’s Review Ratings

Overall