TradeStation at a glance

Overall
4.0 NerdWallet rating
Account minimum

• $500 for stock-trading account.
• $2,000 for options trading.
• $5,000 for futures trading.
Stock trading costs

Flat-fee pricing: $5 per trade

Per-share pricing: $0.006-$0.01 per share ($1 minimum per trade) based on trading volume

Unbundled pricing: $0.002-$0.01 per share ($0.50-$1 minimum) based on trading volume
Options trades

Flat-fee pricing: $5 base + $0.50 per contract

Per-contract pricing: $1 per option contract (one contract minimum)
Account fees (annual, transfer, closing, inactivity)

• $35 IRA annual account fee; $50 IRA account termination fee.
• $125 outgoing account transfer fee.
Commission-free ETFs

None
Mutual funds

No no-transaction-fee mutual funds; fund commissions are $14.95
Tradable securities

• Stocks.
• Bonds.
• Mutual funds.
• Exchange-traded funds (ETFs).
• Options.
• Futures.
• Cryptocurrency (coming in 2019).
Trading platform

Extensive desktop platform; similar capabilities available on web trading platform
Mobile app

Offers core features of desktop platform
Research and data

Mostly free lineup of comprehensive research and tools
Customer support options (includes website transparency)

Client services available Monday-Friday 8 a.m.-8 p.m. Eastern; technical support all hours between Sunday 3:30 p.m.-Friday 8 p.m. Eastern; live chat and email support
Promotion

Open an IRA account and pay $4 per stock/ETF trade; $5,000 minimum