TradeStation Securities

The Bottom Line

TradeStation offers one of the best trading platforms combined with some of the lowest commissions for online futures brokers. The technical analysis software and back-testing capabilities have won TradeStation numerous awards and popularity among technical futures traders. If you are an active trader or you are interested in testing your trading strategies, TradeStation is worth a close look.


  • Very Low Commissions
  • Excellent Trading Software
  • Numerous Awards Won


  • Base Platform Fee With Less Than 10 Trades


  • Trading platform that is among the most popular with futures and stock traders.
  • You would be hard-pressed to find lower commission when you are trading futures and futures online.
  • TradeStation charges a base platform fee of $99.95 per month if you don't make at least 10 round-turn futures trades.

Guide Review - TradeStation Securities


Trading platform / Software

TradeStation has the best trading software in the business. Their technical analysis and back-testing software has been recognized as the most popular among futures traders for many years. Now, the order entry and execution part of the software makes TradeStation a superior product. You can also automate the execution of your trading strategies by inputting your trading rules. It’s hard to believe, but the system will automatically place your trades, and if executed, it will monitor the positions and close them at your specified points.

It will take a little reading and practice to utilize fully the capabilities of their software, but it is well worth the effort. TradeStation does charge a monthly platform fee of $99.95 per month if you do not make at least 10 round-turn trades. If you are an inactive trader, you might want to take that into consideration.


TradeStation has just about the lowest fees for online futures trading. For electronically traded markets, you can expect to pay about $4 to $6 per round turn, including exchange and regulatory fees. If you trade over 300 contracts per month, the rates are even lower.

Opening an Account

The minimum size to open a futures account is $5,000. You can call their customer service to have the account forms sent to you or you can fill-out the online application. TradeStation also allows you to trade stock, and options from your account.

Website: TradeStation Securities
Phone: (800)808-9336


Update by Andrew Hecht May 19, 2016

Trade Station offers a great platform but over recent years, the growth in popularity of futures trading has brought many new players to the game.

Most major brokerage firms now offer futures platforms for trading and analysis. In fact, there are too many to mention as competition has exploded, which is great news for traders and investors. Competitions mean that prices have gone lower, and services offered on trading platforms have increased.

When selecting a platform price is always an important considering. However, the technical capabilities and speed of systems are often as important as cost, in some cases, it is more important. A fast system will enhance a trader’s or investor’s ability to execute trades or investment positions quickly and easily. It is important to be able to get into and out of market positions quickly in the world of futures trading. Additionally, the variety or limitations of technical indicator that can be employed to analyze market action is a key consideration when selecting a platform. Make sure that the system offers all of the technical indicators you require and that they are easy to use. While some systems are very expensive, the most costly usually offer a tremendous amount of technical studies and historical data for robust analysis. Sometimes the cost of these systems is more than paid for by the improvement in trading or investing results. The more often that you trade, the more important speed and efficiency should be in your decision about a platform. The more analysis you do, the more important technical studies and historical data will be when making your decision.

Trading platforms are like cars, one make or model may be good for one driver, but the same car may not suit another driver’s needs. Shop for a trading platform like you would shop for a car. Make sure you are comfortable with the engine, which is the speed and efficiency factor, and the body, which is the data and analytical component.

Continue Reading...