Tradovate Review 2020
Tradovate is a technology-centered broker offering commission-free trading and cloud-based solutions to active futures traders via the Tradovate trading platform. The broker provides clients with a selection of educational resources and a dedicated customer support team.
Tradovate Review 2020, Pros & Cons
- Regulated broker
- Cloud-based trading platforms
- A selection of educational resources
- Multiple account options
- No MetaTrader platforms
- Limited tradable instruments
- Limited account funding options
- Minimum $250 deposit
In this detailed Tradovate review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Tradovate is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Tradovate.
Tradovate Review: Summary
Launched in 2015, Tradovate is an online trading broker that offers futures and options trading. The broker has a web-based, mobile app-based, and computer program-based trading with seamless integration between platforms. There are multiple trading account options, and the broker charges no commission on trades.
Tradovate Review: Regulation
The brokerage services are provided by Tradovate LLC, which is a member of the National Futures Association (NFA) and registered with the Commodities Futures Trading Commission (CFTC).
Tradovate Review: Countries
Tradovate does not offer its services to citizens/residents of certain jurisdictions where the use of such services would be contrary to local laws and regulations of that jurisdiction.
Some Tradovate features and products mentioned within this Tradovate review may not be available to traders from certain countries because of legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Tradovate Review: Trading Platforms
The broker provides traders with the highly advanced Tradovate cloud-based trading platform. The platform was built from the ground up for speed and integrated multi-device trading using technology designed for active futures traders. It also enables traders to use their favorite indicators and charting tools for market analysis. Direct API integrations enable seamless trading across all your screens with premium partners, including Tradingview, Jigsaw, and Collective2. As a client, you get full access to all versions of the platform: the desktop application for Windows or Mac, the web browser-accessible WebTrader, and the mobile apps for iPhone, iPad, and Android devices.
Tradovate Review: Trading Tools
There are no standalone trading tools on the broker’s website. Nevertheless, the Tradovate cloud-based platform should have more than enough built-in trading tools to satisfy even the most demanding traders.
Tradovate Review: Education
The broker’s website has a trading blog that contains a wide range of educative articles to keep traders informed on the latest happenings in the financial markets. There are also Press Releases and an FAQ section that offers instant answers to clients’ most common questions.
Tradovate Review: Trading Instruments
The broker offers exclusive futures and options trading to their clients via the proprietary Tradovate trading platform.
Tradovate Review: Trading Accounts & Fees
Tradovate offers the following types of accounts:
Demo accounts are also available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Tradovate review. It is imperative to ensure that you check and understand all of the latest information before you open a Tradovate broker account for online trading.
Tradovate Review: Customer Service
Clients enjoy prompt customer service support via telephone, email, Live Chat, and social media.
Tradovate Review: Deposit & Withdrawal
The broker accepts the following payment methods:
- Mailed check
- Wire transfer
- ACH bank transfer
Tradovate Review: Account Opening
To open a trading account with this broker, click on the ’Open Account’ button and fill out the application form and, then, click submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Tradovate Review: Conclusion
Based in Ohio, Tradovate is a modern-day trading broker that offers futures and options trading via highly sophisticated trading platforms. Clients get access to a selection of educational materials and enjoy dedicated customer support. However, the broker is limited in terms of trading instruments and accounts funding options when compared to some of the best trading brokers.
Futures and options trading involves substantial risk of loss and is not suitable for all investors. Investors should understand the risks involved in trading and carefully consider whether such trading is suitable in light of their financial circumstances and resources. Past performance is not necessarily indicative of future results.