TradeStation
TradeStation: in-depth look
TradeStation offers a diverse range of trading opportunities to its clients, including binary options, stocks, cryptocurrencies, futures, ETFs, mutual funds, and IPOs. They cater to a global audience spanning 200 countries, with the exception of residents from the USA, Canada, and Australia.
History of TradeStation
Establishment Date. Founded in 1982 by the Cuban-born siblings William and Rafael Cruz, TradeStation initially focused on software development before transitioning into an online brokerage in 2001.
Regulatory Oversight. TradeStation operates under the regulation of the Securities and Exchange Commission (SEC), FINRA, and other financial regulatory bodies.
Headquarters. The company’s official address is 8050 SW 10th Street, Plantation, Florida.
Contact Details. Clients can reach out for support by phone at 800.822.0512 or 954.652.7900, through email at Rachel.Coleman@fleishman.com, or via the online chat function.
Trading Platforms. Clients have access to the Desktop 10 and Web Trading platforms, along with a mobile application for trading on the go.
Trading Conditions Offered by TradeStation
To commence trading, clients need to register on the platform, submit required information, undergo verification, and gain access to trading various assets like stocks, futures, options, cryptocurrencies, ETFs, and bonds.
The company enforces margin interest rates and transaction fees, offering educational resources for novice traders to grasp the fundamentals of trading.
Account Types at TradeStation
- Individual Account. Tailored for individual traders.
- Joint Account (Joint with Rights of Survivorship). Geared towards joint owners with survivorship rights.
- Tenants in Common Account. Intended for grouped owners with specified percentage ownership.
- Custodial Account. Designed for minors with a guardian.
Retiree-focused IRA accounts and corporate accounts for legal entities are also part of the offerings.
Funding and Withdrawal Procedures
Clients can fund their accounts through check or bank transfer, while withdrawals are exclusively processed via bank transfer.
Client Feedback on TradeStation
Traders are advised to be mindful of potential risks associated with trading activities. Seeking guidance from financial experts is recommended to mitigate risks. Share your trading journey with TradeStation and rate the quality of service provided by the company on a scale of 1 to 5.
This review has been prepared by the specialists at ExpertsReview.