You will incur a $50 monthly inactivity fee if you don’t maintain the $2,000 month-end balance, fail to execute at least 5 trades within the first 12 months of funding your account or 12 months following the anniversary of your 1st funding date.
$0.85 to $1.50 per contract per side + $0 per trade $0.50 to $0.60 per contract + $0 per trade The commissions for various asset classes are shown below. TS Select requires a minimum funding of $2,000 to start trading. TS GO is exclusively available on mobile and has no minimum funding requirements. The company offers 2 plans, TS GO and TS Select. Similar to most online brokers, TradeStation offers commission-free trading for futures, options, ETFs and stocks. You will also have access to Charles Schwab’s trading and research site as well as its software-based platform. You can also enjoy unlimited access to research resources like Morningstar, Credit Suisse, and the broker’s own proprietary research. The brokerage has a wide range of alternatives, including more than 200 no-fee ETFs and dozens of fee-free mutual funds.
You may also be exempted from software charges. TradeStation charges brokerage fees based on volumes traded, so you pay less if you trade more often and in large volumes. An active trader: As an active trader, you’ll enjoy the benefit of reduced brokerage fees on every trade you make.Better yet, you can easily back-test proven trading strategies and copy them into your current trades. An expert trader: TradeStation offers experienced traders a platform where they can leverage their broad trading knowledge to perform high-speed trades.TradeStation is a great brokerage if you are: An existing customer earns a 0.40% on any deposit above $500,000. You earn a 0.40% interest if you fund your equities account with a minimum of $1 million for the 1st time.
It also provides professional data and high-speed trade execution on an expert-level dashboard. TradeStation stands out as a commission-free online brokerage.