TradeStation at a glance
|Account minimum||TS GO: $0
TS Select: $2,000
|Stock trading costs||TS GO and TS Select: $0 per trade (up to 10,000 shares).
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||TS GO: No base commission; $0.50 per contract.
TS Select: No base commission; $0.60 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; $50 inactivity fee.
|Number of no-transaction-fee mutual funds||No no-transaction-fee mutual funds; fund commissions are $14.95.|
|Commission-free ETFs||All ETFs are commission-free.|
|Tradable securities||• Stocks.
• Mutual funds.
• Exchange-traded funds (ETFs).
|Trading platform||Extensive desktop platform; similar capabilities available on web trading platform. TS GO clients have limited access to online tools.|
|Mobile app||Offers core features of desktop platform. Available on iOS and Android.|
|Research and data||Comprehensive lineup of free educational resources, research and tools. Many premium tools only available for TS Select clients.|
|Customer support options (includes website transparency)||Client services available Monday - Friday 8 a.m. to 8 p.m. ET; technical support all hours between Sunday 3:30 p.m. and Friday 8 p.m. ET; live chat and email support.|
|Promotion||Up to $2,500 cash credit with a qualifying deposit.|