Trading can be complex. What it costs doesn’t have to be. You deserve pricing that fits your trading style .

Pricing plans
Pricing plans

Pricing plans built for those with trading in their DNA, designed to scale with your strategy.

Portfolio
Portfolio

Your portfolio is a tool. Use it. Increase your buying power with competitive margin rates.

Service Fees
Service Fees

Service fees built around how you trade. Leave the guesswork behind with transparent fees.

Futures margins
Futures margins

Open doors with futures margin. See our attractive intraday rates for popular contracts.

Trading more should never mean paying more

Our pricing is designed to empower active traders to test, tinker, and discover the strategies that work for them, without penalizing exploration and experimentation. Unlock lower prices as your monthly trade volume grows and transparent tiers that give you the flexibility to trade your way.

 
Tier 1
Tier 2
Tier 3
Tier 4

Your tier is updated during the month when you surpass a volume threshold and applies to the following month. For example, if you trade 1,000,002 shares by August 10, you will be upgraded to Tier 3 for the remainder of August and September. If your trading volume falls below 1,000,000 in September, you will be downgraded in October. Each asset class has its own tiers and your activity in one asset doesn’t apply to others.

Stocks and ETFs
Commissions (per share)
$0
Monthly volume of shares traded
0 – 100,000
100,001 – 1,000,000
1,000,001 – 10,000,000
>10,000,000
Sub-dollar/OTC (per share)
$0.005
Direct routing (per share)
$0.0048
$0.0046
$0.0043
$0.0032
Clearing fee (per share)
$0.003
$0.002
$0.001
$0
Options
Monthly volume of contracts traded
0 – 500
501 – 1,000
1,001 – 10,000
>10,000
Commissions (per contract, per side)
$0
Single-leg (per contract, per side)
$0.80
$0.60
$0.50
$0
Multi-leg (per contract, per side)
$0.40
$0.30
$0.25
$0
Index option fee (per contract, per side)
$1.00
$0.80
$0.70
$0.60
Direct routing (per contract, per side)
$1.00
Exercise / assignment (per contract)
$14.95
Early assignment / early exercise
$1.50 ($5.95 minimum)
Liquidation
$75.00
Margin rates

Futures contracts traded through the FuturesPlus platform incur a fee of

$1.75 per contract, per side.
Futures
Monthly volume of contracts traded
0 – 500
501 – 1,000
1,001 – 10,000
>10,000
Commissions (per contract, per side)
$0
Regular (per contract, per side)
$1.75
$1.00
$0.80
$0.50
Micros (per contract, per side)
$0.50
$0.40
$0.30
$0.25
Clearing fee (per contract, per side) $0.10
Exercise/assignment/expiration (per contract) $1.50 + fees
Futures margin rates See rates & requirements

Futures contracts traded through the FuturesPlus platform will incur a fee of $1.75 per contract, per side.

Futures options
Commission* (per contract, per side)
$0.85
Treasuries (T-bills, T-bonds, T-notes)
Transaction fee
$50
Fixed income (Corporate bonds, municipal bonds)
Fixed income (Corporate bonds, municipal bonds)
$14.95 + $5/bond or note
Mutual funds
Transaction fee
$14.95
Note:
See family of available mutual funds
Account fees
Inactivity fee
$10 per month (FREE if account meets minimum activity)
Return mail fee
$5 per item
Uncashed check fee (stale-dated – void after 180 days)
$50
Hardcopy statement/confirmation postage & handling
$5 per page
Physical certificate transfer and ship
$500 per certificate + overnight fee
Physical certificate deposit
$500 per certificate
DWAC transactions
$150 per settled transaction
DRS transfers (book entry held at agent)
$25 per issue (incoming or outgoing)
DTC free receive or deliver
$25 per issue
Receiving wires
$0
Sending wires
$25
Outgoing account transfer
$125
Overnight delivery
$25
Restricted security processing fee
$500 per issue
Returned check
$25
Returned ACH
$25
Legal transfers
$50 per issue
Voluntary tenders
$50
Voluntary unit conversion
$50
Mandatory corporate actions
$30
Maturities, redemptions, calls
$20
Limited partnership/non-standard asset re-registration fee
$150 per issue
Limited partnership/non-standard asset custody fee
$100 per issue
Stop payment fee
$25
Short debit fees
Fees vary
Non-transferable and/or worthless security
$25 per CUSIP per year
IRA administration fee (annual)
$35
IRA account termination fee
$50
Futures IRA
See fee schedule with Futures IRA application
Futures external transfer
$25
Futures physical delivery
$150 per contract + any applicable delivery costs and exchange fees
Delivery liquidation
$75
Margin/risk liquidation
$75
Broker assisted trade
$25
Technology subscriptions (non-brokerage customers)
TradeStation platform with RadarScreen® (monthly)
$99.99 for non-professionals / $199.99 for professionals
Portfolio Maestro backtesting tool (monthly)
$59.95
OptionStation® Pro
Included
Stocks and ETFs
Ticket charge (per trade)
$5
Monthly volume of shares traded
0 – 100,000
100,001 – 1,000,000
1,000,001 – 10,000,000
>10,000,000
Sub-dollar/OTC (per share)
$0.005
Direct routing (per share)
$0.0048
$0.0046
$0.0043
$0.0032
Clearing fee (per share)
$0.003
$0.002
$0.001
$0
Options
Monthly volume of contracts traded
0 – 500
501 – 1,000
1,001 – 10,000
>10,000
Ticket charge (per trade)
$5.00
Single-leg (per contract)
$0.80
$0.60
$0.50
$0.10
Multi-leg (per contract)
$0.40
$0.30
$0.25
$0.05
Index option fee (per contract)
$1.00
$0.80
$0.70
$0.60
Direct routing (per contract)
$1.00
Exercise / assignment (per contract)
$14.95
Early assignment / early exercise
$1.50 ($5.95 minimum)
Liquidation
$75.00
Margin rates
Futures
Monthly volume of contracts traded
0 – 500
501 – 1,000
1,001 – 10,000
>10,000
Commissions (per contract, per side)
$0
Regular (per contract, per side)
$1.75
$1.00
$0.80
$0.50
Micros (per contract, per side)
$0.50
$0.40
$0.30
$0.25
Clearing fee (per contract, per side)
$0.10
$0.10
$0.10
$0
Exercise/assignment/expiration (per contract) $1.50
Futures margin rates See rates & requirements

Futures contracts traded through the FuturesPlus platform will incur a fee of $1.75 per contract, per side.

Futures options
Commission* (per contract, per side)
$0.85
Note

Traded through the FuturesPlus platform. Standard exchange, regulatory, and overnight fees may apply. For more information about trading futures options on FuturesPlus, please contact us.

Treasuries (T-bills, T-bonds, T-notes)
Transaction fee
$50
Fixed income (Corporate bonds, municipal bonds)
Fixed income (Corporate bonds, municipal bonds)
$14.95 + $5/bond or note
Mutual funds
Transaction fee
$14.95
Note:
See family of available mutual funds
Account fees
Inactivity fee
$10 per month (FREE if account meets minimum activity)
Return mail fee
$5 per item
Uncashed check fee (stale-dated – void after 180 days)
$50
Hardcopy statement/confirmation postage & handling
$5 per page
Physical certificate transfer and ship
$500 per certificate + overnight fee
Physical certificate deposit
$500 per certificate
DWAC transactions
$150 per settled transaction
DRS transfers (book entry held at agent)
$25 per issue (incoming or outgoing)
DTC free receive or deliver
$25 per issue
Receiving wires
$0
Sending wires
$25
Outgoing account transfer
$125
Overnight delivery
$25
Restricted security processing fee
$500 per issue
Returned check
$25
Returned ACH
$25
Legal transfers
$50 per issue
Voluntary tenders
$50
Voluntary unit conversion
$50
Mandatory corporate actions
$30
Maturities, redemptions, calls
$20
Limited partnership/non-standard asset re-registration fee
$150 per issue
Limited partnership/non-standard asset custody fee
$100 per issue
Stop payment fee
$25
Short debit fees
Fees vary
Non-transferable and/or worthless security
$25 per CUSIP per year
IRA administration fee (annual)
$35
IRA account termination fee
$50
Futures IRA
See fee schedule with Futures IRA application
Futures external transfer
$25
Futures physical delivery
$150 per contract + any applicable delivery costs and exchange fees
Delivery liquidation
$75
Margin/risk liquidation
$75
Broker assisted trade
$25
Technology subscriptions (non-brokerage customers)
TradeStation platform with RadarScreen® (monthly)
$99.99 for non-professionals / $199.99 for professionals
Portfolio Maestro backtesting tool (monthly)
$59.95
OptionStation® Pro
Included

Leverage your assets and increase your buying power with our competitive equities margin interest rates. Active traders can get rates as low as 4.50%.

Margin interest rates1

Leverage your assets and increase your buying power with our competitive equities margin interest rates. Active traders can get rates as low as 4.50%.

Margin interest rates

Less than $50,000: 12.00% $50,000 – $499,999: 11.00% $500,000+: Please call 800-770-0000 for latest rates.

Margin requirements

Day trading Overnight
Long stock: Long stock Buy stock or ETF: Buy stock or ETF 25% value of the position 50% value of the position 100% cost of the position
Short stock: Short stock Sell short stock or ETF: Sell short stock or ETF 25% value of the position 50% value of the position Not available
  1. Margin interest rates vary per the base rate and the size of the debit balance. The base rate may be adjusted at TradeStation’s discretion concerning commercially recognized interest rates, current market trends, liquidity in the marketplace, and other industry conditions, and is subject to change without prior notice.
  2. Margin balances between $500k-$1,999,999 will default to an effective rate of 6.50% and margin balances greater than $2,000,000 will default to an effective rate of 4.50%.
  3. Day Trading requires that certain levels of equity be deposited and maintained in day-trading accounts and that these levels be sufficient to support the risks associated with day-trading activities.

Non-Day Traders: Non-Day Traders may execute up to three day trades in a five-trading-day period. If exceeded, the Non-Day Trader will be reclassified as a Pattern Day Trader, and all of their margin accounts will become subject to Pattern Day Trader rules. See the “Pattern Day Traders” section below for more details. The sum or total number of all margin day trades that have been executed in the previous 4 trading days can be viewed in the platform’s “Balances” section.

Additionally, each individual margin account that is held by a Non-Day Trader is limited to three opening transactions per day, less the number of day trades in that account made in the preceding four trading days. For example, if you have made two day trades in one of your margin accounts in the preceding four trading days, you will be permitted to place one new opening transaction in that account (buy or sell short) on the current day. You will still be able to place as many closing transactions (sell, buy to cover) as you would like on the current day. In some cases, this limitation may not stop the Non-Day Trader from being reclassified as a Pattern Day Trader.

You may qualify to have this opening transaction limitation removed across all your margin accounts.  for details.

Pattern Day Traders: Based on FINRA day trading rules, any client that places four day trades in a five-trading-day period is deemed to be a “pattern day trader”. Each of a Pattern Day Trader’s margin accounts must maintain a daily equity balance above U.S. $25,000 to have the ability to place opening transactions. If an account’s equity balance falls below $25,000.01, trading is restricted to closing transactions only until that account’s equity balance is increased to above of $25,000.

Margin requirements are structured for a diversified portfolio. Accounts that are using margin for holding concentrated positions may be asked to make immediate changes.

Special Margin Requirements: Due to low liquidity, volatility, or other conditions, some stocks and ETFs may have a special margin requirement

A minimum of $2,000 is required to open and maintain a position on margin, and a minimum of $2,000 is required to open and maintain a short stock position.

Please contact us for information about TradeStation Securities margin requirements and concentration parameters.

Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The FINRA Margin Disclosure Statement outlines many of those risks, including:

  1. You can lose more funds than you deposit in your margin account.
  2. Your brokerage firm can force the sale of securities in your account.
  3. Your brokerage firm can sell your securities without contacting you.
  4. You are not entitled to an extension of time on a margin call.

TradeStation Securities will pay interest on cash balances

TradeStation Securities will pay interest on free credit balances (“cash balances”) over $100,000 in non-IRA securities and futures accounts (the “minimum threshold”). The annual percentage interest rate is 0.15%. Customers with cash balances of at least $500,000 may contact customer service to discuss a custom annual interest rate based on their needs and trading style (the “negotiated threshold”). The interest is calculated using the posted annual percentage interest rate prorated for the number of days the cash balance remains above the minimum threshold or the negotiated threshold. Interest will not be paid for days the balance is below the minimum threshold or negotiated threshold. Interest is paid out monthly on either the last business day of the month or the first business day following the end of the previous month. TradeStation reserves the right to right to modify or end the program at any time.

Market data pricing

Certain basic market data is available at no charge to non-professional subscribers. Additional market data fees may apply for added markets. For additional information,  page.

How to get started

We made it simple and easy to get started with Astroequity. Follow the steps below to open your account today.

Step 1 Review account types
Step 2 Open an account
Step 3 Fund your account
Step 4 Start trading

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