Quote:
Originally Posted by PaceAdvantage
I've used it, but it's been a number of years. I liked it a lot, especially for writing my own automated trading programs.
But I stopped trading futures for a few years and wanted to re-fund my account, but they told me I had to open a new account and deposit the new account minimum, which I didn't want to do because I didn't want to put that much money at risk. So I went to NinjaTrader...which is also pretty good.
I would give TradeStation a thumbs up based on my experiences.
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I didn't see anything on their website about minimums, but I found a fool.com review that says the minimum deposit for option trading is $500 for a cash account and $2000 for a margin account.
I will check out NinjaTrader.
I had optionsxpress.com for years and could sell naked calls with very little margin. Then Schwab bought them and now they require 25k in a margin account in order to sell naked calls. I didn't bother completing the paperwork to move from optionsxpress to Schwab.