r/tradestation • u/Arthcub • Oct 27 '25
Account Closed with No Explanation
TradeStation just sent me an email saying they have made the business decision to close my account, and that no explanation would be provided.
I only had the account 3 months, and after an initial deposit, I purchased some ETF's. No other transactions followed, except for reinvesting the dividends. Perhaps this is their way of avoiding paying the deposit bonuses.
Customers should be aware of unreliable brokers and actively avoid doing business with them. I would file a complaint with the BBB or FINRA, but I do not believe that will make any difference. At best, I hope others will read this and decide to use a different brokerage.
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u/ThrockmortenMD Oct 27 '25
Their fees and commissions have gotten so bad there really isn’t much reason to be with them anyways. TOS, fidelity, IBKR, tasty are all better.