1.818 • 46 REVIEWS
USA Stock Broker Stockbrokers of the Americas and Caribbean
Updated: May 28, 2024
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TradeStation is a stock broker. Trade Station offers online trading through mobile app. offers stocks, ETFs, options, and futures for your personal investment and trading options.
October 2017:  The FPA is informed that TradeStation no longer offers forex.  The company now allows clients to trade stocks, options, and futures.

Broker Details

Exchanges: NYSE, Nasdaq
Minimum to Open Live: $2,000
Established: 1982
Address: 8050 SW 10TH STREET SUITE 2000 PLANTATION, FL 33324, United States
Contact:, 800.770.4049
Regional offices:
Regulators: FINRA #, SEC #8-48711, SIPC #
Prohibited countries:

Financial Products

Stock Fees

Trading Commission: $0.005 per share
Deposit Methods: Bank Wire (BankTransfer/SWIFT), ACH (Automated Clearing House), Check
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), ACH (Automated Clearing House)
* Please check broker website for more information
1.818 • 46 REVIEWS

Recent User Reviews of

CZE, Czech Republic,
Jun 23, 2021,
Registered user

Tradestation Crypto is scam and you can lose much money!

Service use: Live Length of use: 6-12 Months
Tradestation Crypto for unknown reasons uses a trick that can cost you a lot of money and stress. Today I purchased Litecoin on Tradestation Crypto and immediately requested a withdrawal to my own Litecoin wallet. But an unpleasant surprise was waiting for me! I received an email telling me that I had to call a US phone number first and get verified. I'm from Europe and all international calls cost me $3 per minute, but I needed to do this because the withdrawal couldn't be cancelled. So I started calling... about 10 times only to get a robot who told me I was on a waiting list. Then I texted many times on Tradestation livechat and suddenly someone called me. The call lasted over 50 minutes and during that time all I got was that I had to send a selfie with my passport to their email and I had to wait another 24 hours for verification! So the result? I purchased Litecoin cryptocurrency and requested a withdrawal, since then I can't do anything with my cryptocurrency. I can't cancel the withdrawal, I can't sell Litecoin for dollars, I can't do anything. I can only wait and watch the price of litecoin fall. This behavior is fraudulent because NOWHERE is there a warning written that verification is required. You only find out this information after you make a withdrawal and you get trapped immediately. So I'm transferring $1800 and have wasted $100 so far in the exchange rate, plus paying $150 or more for calls to the US. The most ridiculous thing is that I've been trading stocks with Tradestation for half a year and I'm fully verified of course. This on crypto is fraudulent behavior and never try this service. They will force you to gamble!
1 trader has found this review helpful
New York
New York, USA,
Oct 30, 2020,

Closed my account without any notice

Service use: Other Length of use: 0-3 Months
I opened an account with Tradestation which was approved. I contacted customer service because I had an issue depositing initial funds. I called their customer service number but I could not talk to a live person because they said they are busy because of Covid-19 and their live customer service is only available for people who are currently trading so send them an email. I then follow up with an email and was told that they can not answer my questions via email because it is against their policy to do via email to avoid potential fraud. Few days later, I went to sign into my account but I could not log in and I know it was the correct passwords so I sent I sent another email to their client services and one of their direct personnel expressing my concerns and finding out why I could not log into my account on Thursday. The next day Friday, I received an email from the Trade Station personnel saying, "Unfortunately TradeStation “The Firm” has made a business decision to not establish a business relationship with you. The Firm does not divulge the reasons why and the decision can’t be reversed on appeal." This is so crazy how Trade station treat their customers. This is the worst customer service that I ever received from a Brokerage company ever. I understand they can choose who to do business with but at least give me reason why my account was abruptly closed.
california, USA,
Aug 14, 2020,

finding many software glitches

Service use: Live Length of use: over 1 Year
tech support admits a 'tcache' file corrupts the trade manager analysis results. they cannot fix the issue. however, i have screen shots and trade results that show the tcache file corrupts real time on screen price entry and profit and loss while you are trading. false results in real time. trade station provides real time data in several ways: 'the matrix' level 2 type display, your order ticket, your order list, the trade manager analysis, and you can trade on the cloud via tradestation's online webtrade. the false data is displayed on all of these EXCEPT the order list, which is uncorrupted and correct. i called tech support on it. the tech immediately knew what was causing it and gave me instructions on how to delete the tcache file. however, it recreates a new one daily. the tech told me he reported the problem to his boss in 2017. his boss told him: "son, know your place on the chessboard". it is evidently something that is making them money by stealing from unwitting clients or something that costs too much to fix. gee, i wonder which one it might be.
1 trader has found this review helpful
new jersey, USA,
Mar 21, 2020,

trash, platform is completely unreliable

Service use: Live Length of use: over 1 Year
This platform will freeze up and crash on you for no reason with absolute no warning at all. I just love doing all my charting just to have the system lock up and lose all my work. And to top it off the system doesnt even provide an auto save function, this is pathetic. Gaming systems from the eighties can have auto save but not a trading platform. And dont blame my computer, I have used 4 all highly recomended, one a high cost purpose built trading platform. The issues come directly from tradestion. Get your dam act togethore.
1 trader has found this review helpful
uk, United Kingdom,
Apr 9, 2019,
Registered user


Tradestaion have taken another payment from my bank despite a non exsistant service and confirming the subscription was cancelled. Avoid like the plague #tradestation #scam
1 trader has found this review helpful
United Kingdom,
Mar 4, 2019,
Registered user

No service and no refund

Signed up for tradestation analytics could not download the software and they have taken multiple payments from my account. Now refusing to answer emails regarding a refund.
1 trader has found this review helpful
Sep 5, 2018,
Registered user

tradestation suck

i hate tradestation. they dicked me around at every turn. their rules are pedantic. their service lousy. they force me to phone at some bizarre time of day by refusing to answer anything by email, and then i wait for 20 minutes paying to call the USA from australia and eventually hang up in disgust. If they ever process my funds withdrawal i will gladly give them the middle digit and wipe my hands of the bastards. oh, and they froze my account because i complained about them exercising a short option they told me they would close just before market close on the expiry date. Then they valued it at the strikes not the real prices i.e they f***ed up then ripped me off. run away as fast as you can!
nj, USA,
Aug 17, 2018,
Registered user

Using trade station has been a horrible experience. Their platform is slow, glitchy and crashes constantly. It seems to have a mind of it's own constantly moving around lines and drawings you have put on your chart. It is slow, gives terrible order execution and crashes constantly. It is a great feeling to have your platform completely freeze anytime there is a spike in order activity. Do yourself a favor and take your business somewhere else.
Len Pitts
Florida, USA,
Jun 25, 2017,

Customer Care is Very Lacking

Getting set up took longer than needed and they aren't very helpful to a new person trying to understand the nuances of their platform. It's not a bad trading platform once you understand it though.
My issues are with the poor job they do allowing someone to manage the funds in the acct. You can't set up beneficiaries online and have to use snail mail to do that. After sending in the requested forms for both a Futures and Equity account, I received a confirmation letter recognizing the change to the Equity account but nothing about the Futures. I found out later they don't allow it for a Futures account, but they never let me know that. They just let it die with no response at all. That's poor.
Then when I decided to move most of my futures cash onto the equity side, the website seemed to allow it but logging in the next day I saw noting moved, in fact half of the equity money was in the futures acct. WTF?!?
A good trading platform is one thing, but you can't separate it from how a customers money is managed. They told me they'd send me my cash via postal service rather than allow me to transfer it to the equity side and electronically move it to another broker. That's 1980's style money mgmt and just pisspoor.
Mobile, USA,
Jun 23, 2016,

Tim again, unfortunately I have encountered additional problems using Trade Station Web platform. I was unable to submit a double diagonal SPX spread order. It was also confirmed that the web portal does not allow closing of spread orders as one order. To close a spread order thru the web you will have to submit each side of the spread separately. These type of orders are standard orders and should be part of any online trading system.

2016-06-06 2Star As a new user I have found setting up frustrating. I have spent over 4.5 hours to just to try and setup my screens. They have a complicated setup in which you have to setup many screens if your also trading options. I have found that I cannot relie on the documentation as many of the parts that I tried do not follow the actual screens. On the positive side I have found the telephone service have very courteous. However you many have to call several area depending on what you want to do.