This post may contain affiliate links. Please read my disclosure page for more info. Before I start with the review, I want to provide a bit of a background on TradeStation.

They are also well-known for their EasyLanguage program which allows users to create a unique trading environment that allows them to enhance how they invest — based on their personal preferences. TradeStation is not your average online brokerage but is geared towards a highly specific investing persona.

To be completely transparent, I do not have an investing account with TradeStation, but I dealt with their customer service area extensively in my previous life as a stock broker as well as seeing their platform in action. They were always very professional, knowledgeable and willing to go the extra mile to serve the customer. One of my favorite TradeStation features is their active community. This allows investors to discuss trading strategies, methods and news in real-time.

This sets TradeStation apart as it allows traders to get real-time guidance and insight — which is invaluable given the active trader niche they serve.

OANDA ACQUIRES TRADESTATION FOREX ACCOUNTS | OANDA

Most online brokerages offer some sort of educational offerings and TradeStation is no different. They offer the requisite free classes, live webinars and pretty much anything else in between.

They also offer an academic program that is somewhat unique to what other brokerages offer. At a high level, the academic program allows universities access to trade in a real-time simulated environment.

Like Etrade, TradeStation offers Futures and Forex trading. They have one of two commission options, in terms of stock trading. Both of these are extremely competitive within the brokerage industry. You can see a diagram of their basic pricing structure below:.

This is essential for TradeStation to offer with their specific niche. With the EasyLanguage program specifically, TradeStation has a stellar platform that should take care of most investing needs. The aforementioned investing community that TradeStation offers is a huge benefit they can offer clients.

That is not the case with TradeStation as they actively promote and encourage you to use that feature. Direct routing allows you to bypass the broker and deal specifically with a market maker of your choice. Yeah, that is just a bit much. I think for the right investor, TradeStation can be a great option to look at for your investing needs.

TradeStation Review: Trade Free For 90 Days! - Frugal Rules

There is also the point to consider that the platform does have a steeper than usual learning curve, going back to the customization behind it. As with most other brokerages, TradeStation does offer promotions occasionally in order to earn your business — with the current one being free trading for 90 days after account opening. Very balance review dudes! Actually I have no experience in stock or forex trading. I agree that we should invest our money to multiply in a safe place as much as possible.

Having a solid brokerage that we can trust and depend on like this one is very helpful in our making money strategies.

Forex trading can be very risky, especially with no knowledge about how it works. Good information but definitely for the high risk takers of trading IMHO.

Wendy Kirkland

Thanks Debs and definitely agree. Your email address will not be published. Notify me of followup comments via e-mail. You can also subscribe without commenting. As a veteran of the financial services industry, I've seen a lack of basic investing knowledge destroy too many retirement accounts and financial futures.

In Frugal Rules, I've created an online community where together, we gain the knowledge we need to invest confidently. Educate yourself with my honest reviews of online brokerages. I'm a Dad, husband, and veteran of the financial services industry committed to teaching the next generation how to manage money wisely.

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Home Frugality Investing Debt Best Credit Cards Best Online Brokerages Brokerage Reviews Resources. Sign up for our newsletter and get our Financial Freedom E-Book free! Trade Free For 90 Days! Posted on January 10, by John Schmoll in Brokerage Reviews , Investing. If you enjoyed this post, please consider subscribing to the RSS feed.

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