TradeStation Inactivity Fee

R

rbigsby

No one likes inactivity fees. And no one likes demo accounts that print wildly innacurate fills...

Dear Valued Customer,


We are reaching out to update you on changes to TradeStation inactivity fees. Starting August 27, 2023, inactive equity and futures accounts will be subject to a monthly fee of $10. The fee will be waived if you hold an average monthly balance of at least $5,000 across all of your TradeStation accounts over the last 90 days, or if you have placed at least 10 trades across your accounts over the prior 90 days. The inactivity fee does not apply to accounts opened in the last 90 days, unless you have an existing account over 90 days old.

We value your business and are committed to providing you with the highest level of service and transparency. If you have any questions or concerns about this change, please do not hesitate to contact us.
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rbigsby said:
No one likes inactivity fees. And no one likes demo accounts that print wildly innacurate fills...
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Inaccurate fills happen to those who don't how the software and data work together.

And can't scratch together 10 trades in 90 days and whine because they will charge you measly $10.

Grow a pair.
 
SunTrader said:
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And can't scratch together 10 trades in 90 days and whine because they will charge you measly $10...
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Geez, I think even I can manage that, including sometimes holding single trades for a month at a time, lol.
 
SunTrader said:
Inaccurate fills happen to those who don't how the software and data work together.
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don't be dumb. don't talk about something you have no experience with. i have experience with it. so don't say stupid things...

And can't scratch together 10 trades in 90 days and whine because they will charge you measly $10.
Grow a pair.
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you're free to your opinion!
 
Overnight said:
Geez, I think even I can manage that, including sometimes holding single trades for a month at a time, lol.
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well that's one trade down and 9 to go. but you're a successful trader $10 is nothing to you. but after all these years they felt the need to change things so they could start beefing up that bottom line and getting rid of those deadbeat accounts...
 
mervyn said:
I think all the folks have 5k balance at least, no?
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not necessarily. but it's not an unreasonable request it's just that I don't like companies moving the goalposts. how many years have they been in business? and all the sudden they feel the need to make a NEW rule. that indicates poor business planning. after all these years. but i think they used to require like a $500 min deposit but i guess they got rid of that rule at some point! so many rules changes. what's next? if you trade options you have to do jumping jacks?
 
rbigsby said:
definitely. been looking at them for sure. not a big fan of their app or web based trading platform I must say though.
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There are third party desktop applications that connect to TDA and use TDA for data and trading.
 
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