TradeStation at a glance
|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.
|Mutual funds||No no-transaction-fee mutual funds; fund commissions are $14.95|
|Tradable securities||• Stocks.
• Mutual funds.
• Exchange-traded funds (ETFs).
• 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|