TradeStation will become a publicly traded, NYSE-listed company

I'm a Tradestation client for over a year now. Use their platform daily. Their software is excellent. I will say they need to do better on their customer service. That has been as pretty big complaint from many for a while now. That said, they do have an emergency number to their trade desk if you need to speak to a human immediately, and not all brokers can say the same. Their mobile app is really nice as well.
 
really hope there is another broker to compete with ib head to head, but unfortunately traderstation seems to choose a path avoiding direct competition with ib
 
really hope there is another broker to compete with ib head to head, but unfortunately traderstation seems to choose a path avoiding direct competition with ib


Actually they are planing to expand ...Monex has been milking Tradestation since, and didn't invest. So selling IPO will help that purpose.

https://tokenist.com/tradestation-stock-coming-to-nyse-in-2022-with-1-43-billion-spac-merger/
""The proceeds from the transaction will help fund the company’s plans. TradeStation hopes to accelerate account and revenue growth through increased brand awareness and performance-based marketing spending. The funds will also help improve product development and IT headcount to complete specific new products while adding liquidity to support an increasing customer base."""
 
I'm a Tradestation client for over a year now. Use their platform daily. Their software is excellent. I will say they need to do better on their customer service. That has been as pretty big complaint from many for a while now. That said, they do have an emergency number to their trade desk if you need to speak to a human immediately, and not all brokers can say the same. Their mobile app is really nice as well.
What made you choose Tradestation over IB?
 
I hope they will add:
-Auto portfolio trading that multichart offers, within Tradestation itself.
-Easy strategy wizard.
- Also i like to see capability to close all or % of positions in a single click like IB
 
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really hope there is another broker to compete with ib head to head, but unfortunately traderstation seems to choose a path avoiding direct competition with ib

Not many companies want to spend the capital.
 
really hope there is another broker to compete with ib head to head, but unfortunately traderstation seems to choose a path avoiding direct competition with ib

IB lets you trade a lot of products. In turn there risk measures are extremely tight. They will close you out of a position when ever they choose.
 
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