Tradestation Review - Advanced Trading Platform For US Traders
Futures Margin Rates TradeStation
Need advice on which online broker to use. Please advise!
I want low cost trades, currently use Edward Jones and get raped. I started with EJ because I started a Roth there, and will keep it there. It just is not good for short term trading. I want my money to be quickly accessible so I can disengage it / Reengage it to capture gains/avoid losses. I would want lowest fees. I don't mind commission per trade being around 10 bucks, so the 5-12usd range is fine. I ONLY do straight stock trades. No options/mutual funds/forex I think... as I am a newbie.... I would also need easy documentation for tax purposes. This will be my first year paying capital gains/loss on my trading activity. I want that to be as smooth as possible. I will be getting a CPA for taxes this year, previously used TurboTax and did it myself. I will have between 2500-10000usd in the account. I do some light day trading. (1-2 trades max a day, usually 1-2 trades every 1-2 weeks, AKA not a lot but still in short term range.) I started because of the following reasons. I have a B.S. in International Economics from Texas Tech. I invest in E&P companies. I have four years experience working completions[frac jobs] in the oil industry, primarily the Permian Basin/Midland-Odessa of Texas. I have a lot of time on my hands while at work that doesn't interfere with my work quality and I can still watch/act on the market movements. So far I think TradeKing is my best bet but not sure. Maybe Cobra Trading Any advice is welcome!! Please help! Hoping this was the right subforum, also posting in Investment e: I have robinhood but was told it took 2-3 days for funds to clear trades. This doesn't work for me as sometimes I enteexit on the same day. e2: I am going to be calling a good friend with 4 years experienced for JP Morgan today to clear up some confusion I believe is here due to terminology. Will update thread when I can more clearly explain myself. I looked up margin accounts, PDT, and margin trading. As far as I know, I am not a margin trader, I do not trade on margin, nor have I done so. I have the cash backing up all trades I made. All trades I made/make have the equity/cash inside my brokerage account to back them up. e3: I have a cash account, I want to stay cash account. PDT will apply to me. I do not have the funds to enter into margin trading nor the desire. I am probably just needing to decide between tradekings and tradestation. They all seem the same cost wise just need to look into their tools and layouts and which one I enjoy. Thanks for the help everyone.
TradeStation is a leading online brokerage facilitating the trade of stocks, options and futures. ... Options margin requirements will differ from cash account minimum balance rules, for example. Popular Alternatives To TradeStation. Review. Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of ... Margin rates for futures trading varies by contract at TradeStation. The broker requires $4,620 of initial margin to trade the E-mini S&P 500, for example. The contract has a maintenance margin of $4,200, and a day trading rate of $1,155 (25% of $4,620). London Cocoa Futures has an initial margin of £940, which is also the maintenance margin. TradeStation Global's margin rates are in line with other brokers, however, ... 4.1%: 3.1%-GBP margin rate: 4.0%: 1.9%-EUR margin rate: 2.5%: 0.8%-Forex fees. TradeStation Global's forex fees are average. It charges higher fees than Saxo Bank for most currency pairs, except AUDUSD. To get a clear picture on forex fees, we calculated a forex ... The minimum deposit for a TradeStation account at all of their international brokerages is $5000, which is incredibly more expensive than an average Forex trading account. The maximum leverage is limited to 1:100 for international traders, while traders from the US can only utilize a maximum leverage of 1:50. Margin in your account can increase buying power and help unlock leverage for your trading strategy. Margin trading allows you to leverage your assets to increase your buying power. TradeStation’s competitive equities margin interest rates – as low as 3.5 percent – make it easy to put the full buying power of your account to work for you.
Leverage allows you to potentially trade more money than you have in your account. Leveraged trading carries a high degree of risk. Carefully consider your f... Class Objectives: • Load and Filter Options Chains • Analyze and Graph Options Positions • Trade Options Spreads • Manage Real Positions • Use OptionStation ... In this video, I compare the various brokers I have tested, especially from my perspective as a relatively new day trader. So execution speed obviously matte... Best futures brokers for traders #AskMarcello - use the hashtag and ask me anything! I try to answer all the different questions you have about trading, trad... In this video we show you the BEST trend line trading strategy that NO ONE talks about. Trend lines and combining them with price action as part of your trad...