TradeStation vs Tradovate on TradersPost
TradeStation and Tradovate differ on 4 of 21 points TradersPost compares: stocks, stock options, index options and trailing stop attached to entry. Both support futures, short selling, market orders, limit orders, stop orders, trailing stops, bracket orders, stop limit orders, day orders, good till canceled orders, immediate or cancel orders, fill or kill orders, modify open orders and paper accounts.
Where they differ 4
TradeStation
Tradovate
-
Stocks
Supported
Not supported
-
Stock Options
Supported
Not supported
-
Index Options
Supported
Not supported
-
Trailing stop attached to entry
Partial
Stocks
Supported
Same on both 15
- Futures
- Short selling
- Market orders
- Limit orders
- Stop orders
- Trailing stops
- Bracket orders
- Stop limit orders
- Day orders
- Good till canceled orders
- Immediate or cancel orders
- Fill or kill orders
- Modify open orders
- Paper accounts
- Authentication: OAuth
Neither supports 2
- Crypto
- Fractional quantity
Link to this comparison /compare/connections/tradestation-vs-tradovate
Brokers change their rules, so check their docs before you connect. TradersPost does not recommend a broker.
Worth knowing about each
TradeStation
- TradeStation crypto is not sent through TradersPost.
- Futures take-profit and stop-loss can be set as price offsets, a percentage or a dollar PnL amount.
- Rejected prices often mean TradeStation minMove/tick data disagrees with the price in the signal. Check the quote on the trade.
Tradovate
- Futures only.
- The paid Tradovate API Access add-on is not required for TradersPost.
- A 401 Access Denied on live orders usually means the TradersPost authorization email after 2FA was not approved.