TradeStation
$0 listed stock commission · options
Key capabilities
- Commission
- $0 listed
- Fractional shares
- No
- Extended hours
- Yes
- Overnight (24/5)
- No
- Options
- $0.50 / $0.60
- OTC access
- 4/5 full, 1/5 limited
- Penny-stock surcharge
- $0.005/share OTC (TS Select/TS Go), $0 up to 10,000 shares
- Short locate
- strong
OTC market access by tier
OTC Markets organises non-exchange-listed securities into five tiers by disclosure quality. TradeStation’s coverage:
- OTCQXFull
- OTCQBFull
- Pink CurrentFull
- Pink LimitedFull
- Grey MarketLimited
Notes
Per-share OTC pricing — strong for active traders.
Frequently asked
- What does TradeStation charge for stock trades?
- $0 listed on stocks, with a $0.005/share otc (ts select/ts go), $0 up to 10,000 shares penny-stock surcharge.
- Does TradeStation offer fractional shares?
- No. TradeStation only supports whole-share orders for individual stocks.
- Does TradeStation have 24-hour trading?
- No. TradeStation supports regular market hours and pre/post-market, but not 24/5 overnight trading.
- Can I trade penny stocks and OTC names on TradeStation?
- Partial. 4/5 OTC tiers offer full access, 1/5 with limited access. Pink Limited and Grey market are typically the most restricted.
- What does TradeStation charge for options?
- $0.50 / $0.60 per contract.
