Overview of TradeStation fees and charges
We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.
- Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
- Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
- Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
- Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.
Now, let's dive into the details and see what commissions, spreads, and financing rates TradeStation charges.
TradeStation commission and other trading fees
The good news is that TradeStation has low trading fees in general. We ranked the fees of TradeStation as low, average, or high based on how they compare with all reviewed brokers.
Check out this table to get an overview of whether TradeStation commissions, spreads, and financing rates for each asset class are low/average/high.
Stock and ETF
|
Low | Low | Low |
---|---|---|---|
Forex
|
- | - | Average |
Fund
|
Average | - | Average |
Bond
|
Low | - | Low |
Options
|
Average | Low | Low |
Futures
|
Low | Low | Low |
Now let's go over the trading fees for each asset class one by one.
TradeStation stock and ETF commissions, spreads
TradeStation stock and ETF commissions are low. TradeStation stock and ETF commissions are charged as per the table below.
US stock
|
$5 per trade for non-US clients. For US clients, commission-free up to the first 10,000 shares per trade. |
---|---|
UK stock fee
|
Not available |
German stock
|
Not available |
Indian stock
|
Not available |
You can compare TradeStation stock and ETF fees with the two closest competitors.
US stock
|
$5.0
|
$0.0
|
$1.0
|
---|---|---|---|
UK stock fee
|
-
|
-
|
$3.8
|
German stock
|
-
|
-
|
$3.2
|
Indian stock
|
-
|
-
|
$0.20
|
Stock and ETF commissions are calculated for a $2,000 trade
TradeStation fund commissions
TradeStation fund commissions are average. The table below shows how TradeStation fund commissions are calculated.
Mutual fund
|
$14.95 per transaction |
---|
Check out how TradeStation fund fees compare with the competition.
Mutual fund
|
$15.0
|
-
|
$15.0
|
---|
Fund commissions are calculated for a $2,000 trade
TradeStation bond commissions
TradeStation bond commissions are low. The table below contains the description of TradeStation bond commissions.
US Treasury bond
|
$14.95 + $5 per bond |
---|---|
EU/UK government bond
|
Not available |
See how TradeStation bond fees stack up against the competition.
US Treasury bond
|
$20.0
|
-
|
$5.0
|
---|---|---|---|
EU/UK government bond
|
-
|
-
|
$10.0
|
Bond commissions are calculated for a $10,000 trade
TradeStation options commissions
You can see below the description of TradeStation options commissions. TradeStation options fees are average.
US stock index options
|
For US clients, $0.6 contract per contract, for non-US clients $5 flat fee plus $0.6 per contract |
---|---|
US stock options
|
For US clients, $0.6 contract per contract, for non-US clients $5 flat fee plus $0.6 per contract |
UK stock index options
|
Not available |
German stock index options
|
Not available |
Compare options commissions charged by TradeStation with those of tastytrade and Interactive Brokers.
US stock index options
|
$11.0
|
$5.0
|
$6.5
|
---|---|---|---|
US stock options
|
$11.0
|
$5.0
|
$6.5
|
UK stock index options
|
-
|
-
|
$21.3
|
German stock index options
|
-
|
-
|
$18.4
|
Options commissions are calculated for 10 contracts
TradeStation futures commissions
You can see below how TradeStation futures commissions are charged. TradeStation futures fees are low.
US micro e-mini stock index futures
|
$1.5 per contract for standard products, $0.5 per contract for micro products |
---|---|
UK stock index futures
|
Not available |
German e-mini stock index futures
|
Not available |
Compare how the futures commissions of TradeStation stack up against those of tastytrade and Interactive Brokers.
US micro e-mini stock index futures
|
$5.0
|
$8.5
|
$2.5
|
---|---|---|---|
UK stock index futures
|
-
|
-
|
$21.3
|
German e-mini stock index futures
|
-
|
-
|
$8.6
|
Futures commissions are calculated for 10 contracts
TradeStation non-trading fees
In addition to trading fees, it's important to see if TradeStation charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by TradeStation with its two closest competitors.
Deposit fee
|
$0
|
$0
|
$0
|
---|---|---|---|
Withdrawal fee
|
$0
|
$0
|
$0
|
Account fee
|
No
|
No
|
No
|
Inactivity fee
|
Yes
|
No
|
No
|
CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs
Bottom line
Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by TradeStation and its closest competitors. To learn more about TradeStation, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.
If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.
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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.