TradeStation Review

Allowing traders to trade in several assets, Trade Station is an excellent way to hone your trading skills. It allows traders to deal with various assets including Options, ETFs and stocks. It is an easier trading platform with all the information on the trader's tips. It understands the requirements of the traders, how they need to be equipped with information all the time.

Trade Station has included the best trading technology. It caters to the needs of the traders all over the US and in the world. The trader can immediately access all the information of all the major stock markets in the world and the US too. Since it deals in an envelope of products, the traders can adapt their trading strategies to the current state of such markets. Once you enroll yourself in the Trade station platform, trading becomes quite simple for you. It is because after installing the Trade Station app on your phone, you get access to so many softwares which make it easy for you to grasp the essentials of the trading markets.

Knowledgeable yet simple
Trade Station has a lot of brokerage professionals who are willing to assist you with well thought of trading strategies. They can help you mitigate the risks of the trading markets because they are licensed.

The clients can also benefit from low-cost commission programs while making sure that they get the best out of the market with low budgets too. Started by two brothers, William “Bill” and Rafael “Ralph” Cruz, this platform makes sure that you can earn excellent returns based on the strategies of investment gurus which are tested in the real trading environment. This company has a huge experience in the trading environment especially because it launched its initial software product known as System Writer in 1987 almost 33 years back. This software product used to alert the traders about when the buying and selling conditions were favorable in the markets.
This software product was launched through their company Omega Research. The basic goal of both the brothers was to enable novices without any financial knowledge to be able to trade successfully in the markets without any hindrances. Trade station which enabled traders to trade real-time in the market was introduced in the year 1991. It was quite successful after its release and Dow Jones Telerate decided to offer this product to clients all over the world. There are solution providers who come up with strategies all the time to make sure, that Trade Station performs up to the mark in the trading markets. The product has been such a huge success because it is customized to the needs of the traders and they don’t have to deal with the hassles of the mainframe computers that could provide all the financial information for analytical purposes.

A lot of variety
Since there are so many trading products, the buyers can choose for themselves what profits them the most. With the trading tools, offered by TradeStation, you can be a niche trader. There are market data packages made available to you in time so that you don't keep on storing the stocks for a higher selling price in the future. Trade Station knows that with trading decisions taken on time, you can benefit the most. It has the most accurate pricing information of stocks both in the current times and in the past also. So, it gives you proper analytical information about when trade your stocks for a higher selling price.

FuturePlus
Futures are financial contracts that make sure that the parties have to sell or buy the asset at a prior stated price and on a set date. The trader must sell or buy the asset irrespective of what the current market price is. The Futures include financial instruments or physical assets. So, if you want to trade in Futures, there is an excellent tool launched for this purpose. It is known as FuturePlus and it allows you to trade easily in Futures. You can know about the intraday selling and buying rates of these instruments thus enabling you to sell or buy feasibly. Trade station understands that dealing in futures is quite a risk because, at the time of setting the selling or buying price, the trader is not aware of the market changes in the future. Hence, he can lose out on any favorable price movements that can happen in the future. On the other hand, he is also saved from any unfavorable price changes.

This is how FuturePlus by giving timely information protects the traders from losing out on big profit margins. This tool is beneficial because it allows the company to lock the selling price of its assets like products and the buying price of assets like raw materials through Futures. The best part is by using TradeStation, to deal with Futures and Options, you don't have to pay any commission. Options are also similar to Futures, where the holder of the option instrument has the right to sell or buy it in the future at a pre-stated price whereas, in Futures, the holder of the instrument must sell or buy. The trader just has to install FuturePlus on his desktop PC or mobile to get a better insight into the Futures and the Options markets.

Simulated Trading account-A gift for traders 
Trade Station understands the markets and knows how traders would like to trade. It understands that they don’t want to lose money. So, traders can opt for a simulated trading account with this money through which they can pretest their trading strategies before going for the market. Since the account allows traders to get in touch with the largest databases of stock, options and futures prices, they can make a decision beforehand and test them in a simulated trading environment. Once they know for sure, they are going to succeed, they can put the money in the market. To access this feature, you just need to open an account with TradeStation and install this feature on your PC or mobile.

So, TradeStation with its multiple platforms is a boon for the traders. It has options to open many kinds of accounts for trading preferences.