TradeStation Reduces Client Pricing to $5 for Equity and Options Trades

TradeStation, a wholly owned subsidiary of Monex Group, Inc., one of the largest online financial services providers in Japan, today announced that its customers can begin taking advantage of a new lower, simplified per-trade commission on all stocks, ETFs and options.

This simplified commission schedule is available to all TradeStation customers regardless of trade frequency. However, the broker will continue to offer its HFT traders, who trade at least 100,000 shares per month, unbundled pricing which allows them to earn Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term rebates that can cut their commission costs to as low as

$.002 per share.

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In addition to replacing a tiered commission structure, the company has reduced flat pricing for online trades with its flat rates now stand at just $5 per trade for equities and $5 per trade plus $0.50 per contract for options.

TradeStation claimed an average 50% price improvement in comparison with the previous schedule which went as high as $8.99 per trade and contained other fixed and potential monthly fees that have now been eliminated. As such, customers on this new per-trade pricing plan will pay no monthly service fees while non-professional subscribers will be exempted from fees of real-time market data from the NASDAQ, AMEX, NYSE and OPRA exchanges.

After TradeStation parted ways with its foreign exchange business in 2016, the broker-dealer and Futures Commission Merchant (FCM) is now focusing its efforts on delivering best execution to its clients in exchange traded products.

Commenting on the announcement, the President of TradeStation Group, John Bartleman, said: "This new $5 per-trade plan offers significant potential cost savings for equities and options traders who trade less frequently or in larger share sizes. We think that this new per-trade pricing plan, together with the availability of the per-share and unbundled plans, when combined with the power and value of the award-winning TradeStation platform, is an offering hard to beat in today’s Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term market for active traders and investors.”