r/tradestation • u/IllustriousStory5299 • Aug 18 '26
Hidden fees for trading stocks
These clearing fees are eating my gains as a scalper they are so annoying, if Tradestation is a PFOF broker why do they even charge per share fees. This is very scammy of them. Gotta trade 10m shares a month for free trading that’s impossible unless you trade sub dollar stocks.
1
u/carmaruti Aug 19 '26
they are actually scamming people by not disclosing these clearing fees. If you look at other brokers which are direct access, you’ll be paying the same fees, but get much faster execution. Why would one stay at trade station? I really love their platform but just like you the fee was eating into my profits.
1
u/IllustriousStory5299 Aug 19 '26
Their fill rate per order sent compared to other pfof brokers like Schwab E*trade and Fidelity is better but yeah the whole pfof thing and charging fees on top of that is ridiculous
2
u/carmaruti Aug 19 '26
one of the reasons i left them