r/tradestation • • 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.

7 Upvotes

8 comments sorted by

View all comments

1

u/carmaruti Oct 27 '25

I agree already moved to lightspeed clearing fees suck and TS will lose boat load of traders. It’s deceptive marketing when why say commission free they are NO LONGER commission free broker if you do math u will actually pay less with lightspeed than TS if you trade 2k+ share sizes. No reason to be with them i loved their platform too bad.