TradeStation Review 2024 | THE TRUTH 👀👀👀

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  • Опубликовано: 7 фев 2025
  • Create a FREE TradeStation Account Here: go.themodestwa...
    Active investors are a unique bunch. Keen to make the most of any potential opportunity, active traders are always on the lookout for the next big winner, whether that’s through options, futures, crypto, or a time-tested ETF.
    But, if you’re looking to broaden your reach and grow your investments, you need a brokerage that values you, the trader, above all else. Enter: TradeStation.
    Designed specifically to help eager traders access as many investment opportunities as possible, TradeStation is a solid choice for the tech-minded investor. Nevertheless, you might be wondering if the company is truly the right brokerage for you.
    In this TradeStation Review, we’ll introduce you to everything you need to know about the brokerage to help you determine if their platforms are best for your unique investment goals.
    Want to read more about TradeStation? Read our post here: themodestwalle...
    ⏰ Timestamps:
    0:00 - Intro
    0:58 - What is TradeStation?
    1:38 - How Does TradeStation Work?
    2:24 - Best TradeStation Features
    6:53 - TradeStation Pros
    7:35 - TradeStation Cons
    8:03 - Who Is TradeStation Best For?
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    Video host: Sean Lehman
    ⚠️ ADVERTISER DISCLOSURE: We regularly partner with brands that have products and services that will help our community. Some of the links mentioned in the description and comments are from our partners. When you click on these links we may earn a small commission at no additional cost to you if you decide to use one of their services.
    👉 DISCLAIMER: Sean Lehman, including but not limited to any guests appearing in his videos on behalf of The Modest Wallet, are not financial or investment advisors, brokers, or dealers. The content shared in this channel is not financial advice. All opinions, suggestions, tips, strategies, and recommendations shared are solely for entertainment purposes. For financial and investment advice please seek the counsel of a professional financial or investment advisor, and conduct your own due diligence.
    #tradestation #investing #themodestwallet #investingforbeginners #stockmarket #stockpicking #passiveincome

Комментарии • 70

  • @TheModestWallet
    @TheModestWallet  Год назад +1

    Create a FREE TradeStation Account Here: go.themodestwallet.com/tradestation/yt-lMhLArO1YhM

    • @costamarques3900
      @costamarques3900 6 месяцев назад

      I wonder that they charge for withdrawals, but do they charge for the ACH (also called smart transfer) withdrawals as well...in free, but out $35+ ?

    • @SilasAnuge-lb1ib
      @SilasAnuge-lb1ib Месяц назад

      Is trade station still functioning now

  • @Rexxarax1
    @Rexxarax1 День назад

    It's requiring me to use plaid a third party which i do not trust. Is there any way around it?

  • @cameronrussell4886
    @cameronrussell4886 Год назад +30

    Dont want to see your face the whole time. Would like to see the actual platform. Reviews are about the product

  • @MrAsag
    @MrAsag 10 месяцев назад +3

    on Tradestation realtime data now only for US futures CME group is over 40$!
    very bad.
    IBKR, AMP, tradovate has it around 10 dollar.
    so the choice is obvious.

  • @namcher
    @namcher 8 дней назад

    What are the withdrawal limits? How much can be withdrawn at one time, and how quickly is the process completed?

  • @impressionist_michael
    @impressionist_michael Год назад +5

    hi, is tradingstation good for short selling stocks? and is there's min. deposit and transaction fees? thank you

    • @TheModestWallet
      @TheModestWallet  9 дней назад

      Yes, TradeStation is a solid platform for short selling stocks. It offers advanced trading tools, direct market access, and competitive fees, making it suitable for experienced traders who want to short stocks. You can access borrowable shares for short selling, and TradeStation provides easy access to locate shares to borrow.
      Regarding fees:
      1. Minimum Deposit:
      • For a standard account, TradeStation typically requires a $500 minimum deposit for individual brokerage accounts. However, this may vary depending on the type of account (e.g., margin accounts could have different requirements).
      2. Transaction Fees:
      • TradeStation offers commission-free trading for stocks, but there are fees for options contracts (typically around $0.50 per contract) and margin rates (if you’re using borrowed funds to short stocks). The borrow fee for short selling can vary based on the stock you are shorting and the availability of shares.
      For short selling specifically, keep in mind that there may be additional fees related to borrowing shares, which can change based on demand and availability.

  • @andrewsdelahoz5248
    @andrewsdelahoz5248 Год назад +2

    Do you know if the no "fractional shares trading", does that mean no fractional shares at all in the platform or can you buy fractional shares for traditional long term buy and hold approach?

    • @TheModestWallet
      @TheModestWallet  Год назад +1

      At the moment, TradeStation does not offer fractional share investing.

  • @theblockcat-ain1572
    @theblockcat-ain1572 11 месяцев назад +3

    Can you day trade and scalp nasdaq100 and us30??? Futures.

  • @jeffocampo585
    @jeffocampo585 Месяц назад

    hows the data speed? asking as a stock scalper

    • @TheModestWallet
      @TheModestWallet  Месяц назад +1

      Unfortunately, that’s not how I trade so I can’t speak to how it performs for scalpers. I will say that tradestation shows up as a favorite for some scalpers though. Good luck with your trades!

  • @abhishekekka8557
    @abhishekekka8557 Год назад +3

    Is there PDT rule in it ?

  • @MoIbrahim970
    @MoIbrahim970 Месяц назад

    How is it commission free if you expect to pay 50 cents / option contract?.. not sure how is that free

    • @TheModestWallet
      @TheModestWallet  20 дней назад

      • $0 commission for stocks and ETFs.
      • No monthly platform fees.

  • @thanepetroff4414
    @thanepetroff4414 Месяц назад

    I pay $5 per trade on trade station How do you get commission free trades?

    • @jeffocampo585
      @jeffocampo585 Месяц назад

      is that entrace and exit or 5 dollers per enter and exit

    • @TheModestWallet
      @TheModestWallet  20 дней назад

      What kind of trades?

  • @michaeldarken5948
    @michaeldarken5948 Год назад +1

    good review! I heard TradeStation is good for letting you export historical data. I find this interesting, but did not hear you make mention of this. Can you expand on these capabilities and running back testing, in the future?

  • @ericsmith-pl9sn
    @ericsmith-pl9sn 8 месяцев назад

    What are execution times for small caps?

    • @TheModestWallet
      @TheModestWallet  9 дней назад

      Execution times for small-cap stocks on TradeStation can vary depending on several factors, such as market volatility, the type of order (limit vs. market), and network conditions. However, TradeStation is known for offering high-speed execution, especially with their direct market access and routing capabilities. For small-cap stocks, which can be less liquid, execution may take slightly longer than for larger-cap stocks due to lower trading volume and wider bid-ask spreads.

  • @rockink4225
    @rockink4225 6 месяцев назад +2

    If Tradestation is bettet for intermediate investors, what do you recommend for beginners. I'm learning options and need stimulated trades at this time.

    • @TheModestWallet
      @TheModestWallet  6 месяцев назад +1

      Moomoo maybe? Just posted a video about them. They offer paper trading so good opportunity to practice

  • @jordondarke1884
    @jordondarke1884 9 месяцев назад +3

    Please fix your effing audio. I'm getting so tired of these videos needing to be turned all the way up and then when the music comes on it's blaring.

  • @WearthH
    @WearthH Год назад +2

    Thanks for your time and efforts evaluating Tradestation. 👍

    • @TheModestWallet
      @TheModestWallet  Год назад

      Appreciate it. You’re welcome. Hope it was helpful.

    • @tonyyul703
      @tonyyul703 Год назад

      ​@@TheModestWallethi name is Tony... And I'm in the process of creating an algorithm with ChatGBT to help create a trading Bot... Does TradeStation allow this?

  • @DrewHolidayz
    @DrewHolidayz 8 месяцев назад +1

    Get tips and pointers! Thank you!

  • @shipoopiondabiz
    @shipoopiondabiz Год назад +1

    I just want to say that your audio levels are all out of wack... audio balance much?

  • @mohsenh3046
    @mohsenh3046 11 дней назад

    It was a confusing review. Nothing even 1 second of demo! And there is a difference between investor and day trader.

  • @topsecret4791
    @topsecret4791 29 дней назад

    You didn't touch on Futures!

    • @TheModestWallet
      @TheModestWallet  20 дней назад +1

      Noted, will try to do that on next brokerage we review.

  • @gabakbusiness
    @gabakbusiness Год назад

    low volume comparing against the intro

  • @josepardoh
    @josepardoh Год назад +1

    Good video 👍

  • @elementsmoke28
    @elementsmoke28 11 месяцев назад +1

    No one ever talks about market data

    • @ryanm6848
      @ryanm6848 9 месяцев назад

      Exactly what I’m looking for lol. Market data, proprietary tools, order fill ect

    • @TheModestWallet
      @TheModestWallet  9 дней назад

      👍

  • @TheMilkman-k7p
    @TheMilkman-k7p Год назад +4

    Goto 6:15 and that will give you what you need, Cheers

  • @chetto4u2
    @chetto4u2 11 месяцев назад +1

    @themodestwallet I live in Honduras can I use this platform?

    • @TheModestWallet
      @TheModestWallet  10 месяцев назад

      It is through TradeStation Global, which is basically an Interactive Brokers account powered by TradeStation trading platform.