TradeStation Broker
Company | TradeStation |
---|---|
Founded in | 1982 |
Online since | 2011 |
Offices in | Plantation, Florida, USA |
Demo Platforms | TradeStation |
Regulated by | CFTC, NFA, FSC (UK) |
US Traders welcome? | Yes |
Minimum account size | $5,000 |
Minimum position size | 0.01 Lot |
Trading instruments (GOLD; CFD, etc. and the leverage) | Forex, CFDs, Futures .Leverage 1:100 |
Trading platforms | TradeStation |
TradeStation is an online trading company which was started in the year 1982 and is situated in Plantation, Florida. They are famous for its trade analysis software and exceptionally useful electronic platform for trading. The trading is made useful for both active as well as institutional traders. They offer execution of trade to be electronic as well as fast. The company started its online trading service only in the year 2011. In the year 2012 TradeStation was named the best in the six of the categories by the Choice Awards. They also allow its traders the charting, their analysis, alert scanning and fast execution of the trade which is useful for successful trade. They also offer large number of currency pairs and it can be done immediately with just one click of the mouse. The Forex charting is fully customizable and has got an in-built indicator. They also provide you the facility of creating your own tools.
They also provide demo accounts to their traders and the trading platform offered is Tradestation which is very fast and also help in easy and fast execution of trading platform is offered when you start with real trading. It can be easily downloaded on personal computers, laptops etc. The customer support service is also very good and the service is very fast and highly responsive. They can be reached via phone, email and live chat. The website is very informative and the navigation is also very smooth. They also offer many trading instruments other than forex which include CFDs, futures, Metals and securities. The maximum leverage offered on these instruments is 1:100. The minimum amount reuired to open an account with them is $5000. The minimum lot size required to open an account with them is 10,000. They allow traders from United States to do the trading from their account.
The reviews are the best mode to know about the company and the quality of services that they provide to their customers. The reviews show that they have many happy customers and the most talked about feature of trade station is its in house trading platform Tradestation. It provides many charting, their analysis and also helps in smooth and successful trading. Their customer support service is lauded to be very friendly and supportive. The service is very quick and the staffs are well trained to handle any query related to trading. They also like the fact that they offer other instruments like metals, CFDs, futures and securities for trading other than forex. They provide many indicators and have a very customizable layout. A few cons associated with the company are that the minimum deposit required to open an account with them is $5000. This is a concern for many as the amount is very high. Many have listed the lack of automated back testing as one of the drawbacks. However, the overall reviews are good and the average rating given to the company by its users is 4.5 out of 10.