StockFetcher Forums · General Discussion · Tradestation question<< >>Post Follow-up
JoeyVinyl
125 posts
msg #156883
Ignore JoeyVinyl
5/29/2021 12:37:34 PM

Does Tradestation charge a fee tp withdraw money from your account?

When I Google that question I see "broker information" web sites that say no, but the TS Service Fees page says there is a $125 charge for an "Outgoing Account Transfer" with no other explanation of what that is (are you transferring stocks or money?).

I'm using TOS right now, and I'm happy with it overall. I'm still learning about it's features. I'm learning how to use things like the Put/Call ratio to help determine market direction, and other things like that. But most of the people I follow on YouTube use TS so I'm wondering if I should use it for active trading rather than investing.

What do you all think? And do they charge to take your profits out?

lis
31 posts
msg #156898
Ignore lis
6/1/2021 1:35:51 PM

Search instead on - what is an "Outgoing Account Transfer" - @JoeyVinyl. That will answer your question as to what TradeStation means by that term (often also referred to as ACAT).

As to which is the best, that's really a matter of opinion and what activities you're most interested in. I myself use TOS, along with StockFetcher. One of my favorite features of TOS is the ability to code custom stuff. I like the detailed interface, among many other features.

In your case, since you follow YouTube influencers who are using TradeStation, you may find more examples of things you're trying to do. TradingView is another popular "social" trading platform that works with a few online brokerages.

Others on this forum use various combinations that work for them. Perhaps a few of them will comment further...

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