TradeStation

Table of Contents

Useful Links

TradeStation Service Fees

TradeStation Market Data Pricing – access pricing of real-time and delayed index, equity and equity options, futures and futures options data, as well as foreign market data, market news feeds and fundamental data.

Short video of mobile charting – access TradeStation live data charting on phone.

Trade Manager– learn how to create TradeManager window to display trade and account activity.

TradeStation Market Insight – provides daily market insights, ideas about potential trading opportunities, and education that is designed to help to become a better self-directed investor.

Easy Language – video introduction to EasyLanguage to learn how to create and modify simple indicators based on the trading ideas, and then apply them to a chart or RadarScreen.

TradeStation Forum – access support, education and training services and materials to learn more about TradeStation software and services.

Background

Used by: Day Traders and Fully Automated Traders

TradeStation is an online securities brokerage, integrating software’s backtesting and automated functions. Tradestation provides real-time market data from all major exchanges and trade order placement and execution with those exchanges for both the securities and futures markets. This professional-grade platform offers charting capabilities, advanced tools and trading strategies backed by research and development by many 3rd party vendors.

Affiliations or Secondary Platforms

TradeStation Global – in partnership with Interactive Brokers, TradeStation Global offers a direct access to 125 markets and exchanges in UK, Europe, Asia and North America, including global equities, forex, futures and more.

TradeStation US – offers to trade US markets to access US equities and ETFs, futures and options.

Market Access for Live Trading

Market Access Instruments
Stocks
All Major US markets EuroNext Indices, Commodities Derivatives, Interest Rate Eurex and German Stock Exchanges No Asian Stock Exchanges, No access to London Stock Exchanes
Commodities
Futures trading available on CBOT, CME, NYMEX, COMEX, CBOE, MGE, ICE U.S​
Futures
CBOT, CME, NYMEX, COMEX, CBOE, MGE, ICE U.S
Options
US Stock Exchanges
CFDs
N/A
Forex
Forex exchange data only, no direct forex trading
Mutual Funds

Access to a variety of mutual funds

Hedge Funds

N/A

Bonds
Available, including corporate and municipal bonds
ETFs
Extensive offering of ETFs with no commission fees
Futures Options
CBOT, CME, NYMEX, COMEX, CBOE, MGE, ICE U.S
Crypto
Bitcoin (BTCUSD), Bitcoin Cash (BCHUSD), Ethereum (ETHUSD), Litecoin (LTCUSD), XRP (XRPUSD)
IPOs

ClickIPO' app allows Tradestation clients to access IPOs. Clients can place a conditional order for shares through their TradeStation account, and if shares are allocated, they will be placed directly into their account

Direct Market Access
Available through TradeStation's platforms
Account Types
Tradestation offers individuals with Individual, Joint with Right of Survivorship, Joint Tenants in Common, Custodial, Traditional IRA, Roth IRA, SEP IRA, Simple IRA, Trust, Corporation, General Partnership, Limited Partnership, LLC, Sole Proprietorship. Institutions have access to brokerage services, securities lending, institutional execution services, advisory services.

Good broker For Market Access

TradeStation provides extensive market access, including all major US stock exchanges, EuroNext indices, commodities derivatives, and futures from CBOT, CME, NYMEX, COMEX, CBOE, MGE, and ICE U.S. Options trading is available on US stock exchanges, and cryptocurrency trading includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and XRP. However, it lacks access to Asian stock exchanges and the London Stock Exchange. TradeStation also offers IPO access through the ClickIPO app, allowing clients to place conditional orders for shares directly in their accounts.

Market Data and Software Costs

Market Data TradeStation fees and margin rates are frequently discussed topics. While many reviews offer basic information, Quant Savvy provides a detailed breakdown and comparison with other trading platforms
Data Feeds Compatible
Not applicable
Minimum Account Opening Balance

TS Select: $2000
TS Go: $1

Time to open account
1-3 days
Inactivity fee
$50 per year
Withdrawal Fee
From $25
Desktop
Free except for TS GO where trading surcharges apply
Mobile App

Free

Web Trading

Free

Stocks & ETFs
TS Select: $0 TS Go: $0
Stock Options
TS Select: $0.60 per contract TS Go: $0.50 per contract
Futures
TS Select: $1.50 per contract TS Go: $0.85 per contract Historical Tick data: 6 months of tick date for @ES
Futures Micro E-mini
TS Select: $0.50 per contract TS Go: $0.50 per contract
Futures Options

TS Select: $1.50 per contract
TS Go: $1.50 per contract

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best day trading platform: Tradestation market data and software costs

User Interface and Technology

Charting, Indicators and Tools

Charting: on both the browser-based platform and desktop application focuses on keeping things simple. We find the layout designs are clean and practical. Web trading is well designed, and chart trading functionality is superior to many other brokers. At Quant Savvy we load our systems into TradeStation automated software, where systems generate trading orders automatically which are then transmitted in real-time to your broker.

Indicators: There are 274 indicators/studies available with Tradestation. Clients can also share and sell their indicators via TradeStation TradingApp Store, many products are free, but others can range between $50 per month to $200 per month. There is at this time over 1000 products available on TradeStation app store. 

Platform Reviews by Users

As you well know, TWS charting is a total nightmare. In a few words, its faulty, clumsy, and heavy. Not saying you can’t use it (I do), but it’s full of problems. Some of them are horrible, especially for what I need it to do. I love the IB API though.”

Source 2020

Nobody runs IBTWS without a separate charting and analytics platform. The option analytics are comically bad. Run a stress and it defaults to 3 sigmas and all you’ll see is your risk curve as a flat line.”

TradeStation has really great charting, indicators, a language of its own, and reasonably decent fills… but also has sucky tech support/poorly-informed trade desk staff and abysmal software quality, so crashes and freeze-ups are common.

Source 2020

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tradestation broker review charting

TradeStation Ranked Second

TradeStation offers a user-friendly interface with both a browser-based platform and a desktop application. The clean, practical layout makes web trading intuitive, and its chart trading functionality surpasses many competitors. TradeStation supports 274 indicators and studies, with over 1,000 products available in its TradingApp Store, allowing extensive customization.

User reviews highlight TradeStation’s excellent charting, comprehensive indicators, and the EasyLanguage programming feature. However, some users report issues with technical support and occasional software crashes. Despite these drawbacks, TradeStation remains favored for its robust charting and automation features, enhancing the overall trading experience

Day Trading Platform Tools, Live Trading, Research and Portfolio Risk Software

Scanners, Screeners, Watch Lists, Software tools, Alerts

OptionStation Pro: toolset allows you to build, evaluate, and track just about any options strategy you can think of. Tools are geared to active traders, such as time and sales, market depth, and snapshots that show how your positions are performing.

Radar Screen: Continuously monitors and ranks up to 1,00 symbols in real-time, based on more than 180 fully customizable technical and fundamental indicators, as well as virtually unlimited amounts of custom criteria, through Easy Language (link to the programming language subsection).

3rd Party Data: Plot 3rd party data in a Chart Analysis or RadarScreen window from previously created ASCII or MetaStock (9.x or greater) data files. This allows you to use proprietary data that may have been generated through another application (such as Excel) or that was obtained for exotic markets not currently supported by the TradeStation Data Network.

Trading Apps: Choose from 100s of products which can be downloaded directly to the Tradestation platform offering full compatibility. Options include ffron end order entry apps or uniques indicators or even fully automated trading strategy.

Placing Live Trades and Trading Technology

Matrix: Combined benefits of a detailed market depth window, a highly advanced order-entry tool, and a precise order-tracking systems. The Matrix is the fastest way to enter or change an order, with single click and/or drag and drop simplicity.

TradeStation’s smart order router: elements of both spray and sequential order routing methodologies, depending on the order placed and market conditions at the time. Order logic seeks out and capture as much price improvement and hidden size as reasonably possible within a reasonable period of time.

Portfolio, Risk Management and Software Tools

Trade Manager: this is the only portfolio tool and it displays trade and account activity. All orders are logged to the TradeManager window on a real-time basis when TradeStation is open. Orders are color-coded so you can differentiate between different order statuses at a glance. The colors are updated in real-time as the status of your orders changes. You can also quickly close positions and cancel orders from the TradeManager window, as well as view your order history.

Research and News Feeds

News feed: Offers Market Insights, the news is categorized based on the products and sectors. On the trading platforms, you can filter the news based on several categories, channels, and you can also search for a symbol.

• TradeStation is not built for performing in-depth company research.

• No traditional fundamental research for stocks

• No mutual funds or fixed income research

• Nearly non-existent ETFs research experience.

Tradestation Market Insights: Provides news and up to date commentary on the markets. Source: https://insights.tradestation.com/

Tradestation Research: App built directly into the website is very dated but provides some info on symbols you want to track, still very limited on what can be achieved.

TradeStation Ranked Second Platform Tools

TradeStation offers robust day trading tools, including OptionStation Pro for options strategies and RadarScreen for real-time monitoring of up to 1,000 symbols with customizable indicators. The Matrix tool integrates market depth and advanced order entry for quick trades, while the smart order router optimizes execution. TradeManager provides real-time portfolio management with color-coded trade statuses. Despite these strengths, TradeStation's research capabilities are limited, lacking in-depth company research and comprehensive ETF analysis. The platform excels in tools and automation but falls short in traditional research functionalities

Mobile App

Mobile App Rating

Apple Store Rating: 4.6 Android Rating: 4.2

Mobile Trading

Funtionality: TradeStation’s mobile app offers a full day trading functionality, thanks to Matrix (ladder trading) and complex options trading support. Note: Matrix requires Level II market data, which is available for an additional $11 per month.

Charting: TradeStation mobile is robust, clean, and includes everything a demanding trader could want: full chart type and date range flexibility, after-hours visibility, active and filled order visibility, and 43 optional indicators, to name a few. Even drawing tools are available so you can draw anything from trend lines to Fibonacci retracements on charts.

QuoTrek Mobile: Streaming quotes, charts and news from the world’s markets on your smartphone, so you’re always in touch with the markets in real time for $35/month.

Watch list syncing: While mobile watch lists automatically sync with the Web Trading platform, they do not sync with the TradeStation desktop platform.

Mobile App Reviews

Really happy with the platform. Very user friendly.

Source 2020

Not only TradeStation the most user-friendly platformn for professional traders, it constantly is upgraded and improved. The app version is simply fantastic because it gives the user all the information and tools needed to trade fast when opportunities arise on the go.

Source 2020

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tradestation mobile application review

TradeStation Best Mobile App

You can quickly access quotes, hot lists, and order matrix. The design is good and transitions from viewing your portfolio to sending orders is very easy due to the well-designed interface. It is possible to analyse and trade option spreads with strike and expirations and volume for markets. You can analyse charts with indicators and unlike the IB app which performs this task poorly Tradestation everything looks clean and clear.

Programming Language

Language

EasyLanguage: full-featured programming language designed for traders. Commands consist mostly of regular English words, which makes EasyLanguage easier to learn than more complex programming languages.

Ease of Use: Easylanguage is “limited” compared to C#. Mostly you can get around limitations and you could extend the capabilities via external DLLs. Tradestation has improved there a lot since Object-Oriented EasyLanguage was introduced.

Functionality: Easylanguage is an amazing tool for learning, but problems arise when you have a very large portfolio of systems traded, functions get a little clunky, slow, need a lot of memory. Backtests with a large amount of data also takes time (unlike AmiBroker AFL which is blazing fast). EL doesn’t have good compiler/debugging support in either of the platforms that support it. Many traders use tools like the sharedvar server to expand this functionality to be able to debug subtle mistakes faster and make development a little more fluid.

Learning Curve

Support: Tradestation forum is extensive and active community which has been around for many years. Regular updates by the Tradestation developers.

Learning: App such as Tradestation University is available. There is plenty of learning resouces on the Tradestation Market Insights: Source

YouTube Video Channel

YouTube video learning channel for Tradestation is comprehensive as up to date. Source

Compatibility and Design

Tradestation 9.5 workspaces are not compatible with Tradestation 10 which is very annoying.

Tradestation is forming a relationship with other brokers like Interactive Brokers through International services such as Tradestation Global. With Global, Tradestation can be used as a data source for charting and automating systems and place orders directly to an Interactive Brokers account – this is nice addition especially for many Europeans who already have IB accounts.

Speed and Performance Considerations

EasyLanguage is faster than Python when placing trades (which is slow and primarily used for testing). With Easylanguage it is simple to create and test ideas without wasting time on complex coding exercises. Time spent programming can now be spent testing strategies which will yield better longer-term results. If you want to trade to make money then don’t waste all your time developing custom platforms like so many software engineers. Making money should be the priority.

Resilience and Limitations

Tradestation EasyLanguage also known as Powerlangue is cross-compatible with Multicharts. Therefore, learning EasyLanguage does give you the ability to use it on Multicharts which can easily be connected to many different brokers including Interactive Brokers.

Tradestation will be limited for overly complex high-frequency arbitrage type models. It is also relatively difficult to trade a portfolio of systems which can be controlled by a master system (this can mostly be achieved by using Global Variables of ELL collections).

User Reviews

My personal experience is that easylanguage sucks. Years ago I was new to coding and decided to learn easylanguage for Tradestation to code several different strategies. After learning the language and working for months coding the strategies, I ran into several limitations of EL. EL was the first programming language that I learned. I am still pissed off about wasting so much time.

Source 2020

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best day trading platform: tradestation easy language programming language code example

TradeStation Best Programming Platform

TradeStation's EasyLanguage is user-friendly and designed for traders, using plain English commands. It’s easier to learn than more complex languages like C#. EasyLanguage is great for developing trading strategies but can be slow with large data sets and lacks advanced debugging tools. TradeStation offers extensive support through forums, TradeStation University, and a YouTube channel. EasyLanguage is faster than Python for trades and compatible with MultiCharts. Despite some limitations with high-frequency trading and portfolio management, it suits most traders' needs and is ideal for beginners

Automated Trading and Backtesting

Backtesting

If running a strategy with lots of loops on shorter timeframes over ten years, it can take a long time and has been known to freeze (unlike AmiBroker AFL – except that tool is not made for live trading).. We have had Tradestation 9.5 crash if we perform backtest optimisations using lots of data. Tradestation offers Walk-forward analysis as well as Monte Carlo analysis to be able to evaluate your strategy using historical data distributions. It can be challenging to run a portfolio backtest as Portfolio Maestro is needlessly complicated.

Backtesting with bid and ask size is not possible.

Live Automated Trading

Live Trading Performance: At Quant Savvy we trade our Chimera Algo Bot live on both Tradestation and Multicharts connected to Interactive Brokers/Gain/AMP etc. We use every major broker for live trading for our clients. The same strategy is traded on different Servers located in the same location. I feel this puts us in a unique position to compare the actual live performance (nearly all other forums and debates on this topic do not see daily live fill comparisons for automated systems). We have calculated the fills difference between brokers when trading the same automated trading strategy, and we find Tradestation has the lowest latency and better fills, this can sometimes be as much as two tick better with common Emini instruments – read more.

Trade Management and Historical Trades

Tradestation TradeManager: App window displays trade and account activity. All orders are logged to the TradeManager window on a real-time basis. Orders are color-coded so you can differentiate between different order statuses at a glance. Colors are updated in real-time as the status of your orders changes. You can quickly close positions and cancel orders from the TradeManager window, as well as view your order history. Source

TradeManager Analysis: is used to evaluate the performance of trades completed (open and closed) from one or more TradeStation accounts during a specified date range. You can also filter the report to include/exclude symbols of your choosing. When you click Generate, selected data from your account is polled and a summary report is produced. Once generated, the TradeManager Analysis Report enables you to view information such as total net profit, total number of trades, largest losing trade, and more.

Portfolio Testing and Trading

Portfolio Maestro: It can be challenging to run a portfolio backtest as Portfolio Maestro is needlessly complicated. We ran a simple strategy test of 100 lines to run on 1800 equity symbols. Portfolio Maestro many many painful times, and there are two comments to make: a. Portfolio Maestro’s local database cannot keep all the downloaded data – so you have to reload a lot (or all of it if your computer was just turned on) every time! For me, downloading 1800 symbols of daily data (not intraday) takes about half an hour. b. Including the aforementioned half hour, the total backtest takes about 2 and a half hours.

Data Stability and Speed

Can be left open for weeks at a time without any issues. Automated Trading systems have no problem working day after day. They have worked on platform stability considerably with recent updates and this shows with the performance.

Live data and historical data is accurate. We have heard from other traders that the workstation for Tradestation 9.5 has frozen many times with as little as four workspaces and total seven charts open – we have not had this occur on our servers ever!

In our experience, the primary grievance is when an automated strategy encounters an error mid trade and turns off – there is no alert for when this happens which can be an issue especially if you have a day job.

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best day trading platform: tradestation portfolio maestro layouttradestation trade manager layout example

TradeStation Best Automated Trading

TradeStation excels in automated trading and backtesting, offering features like Walk-forward and Monte Carlo analysis to evaluate strategies using historical data. While backtesting large datasets can be slow and may crash, its performance in live trading is impressive, with low latency and better fills. The TradeManager tool allows real-time trade monitoring and management, while Portfolio Maestro supports complex portfolio backtests despite being complicated to use.

TradeStation's platform stability has improved, handling automated systems efficiently over extended periods. Though not as fast as AmiBroker for backtesting, TradeStation is a comprehensive, reliable solution for automated day trading, making it the top choice for many traders

Customer Support and Learning Resources

Online, Telephone, Email and Account Services Support

Slow service: Talking with Quant Savvy systems clients directly who use Tradestation we often get the same response of very slow service, often call wait times of 1 hour.   Brokerage support or technical support has always been negative for Tradestation, many users complain about excessive wait times and lack of customer support.

Forum and Community Support

Tradestation Forum: The forum even though extensive is outdated and is very difficult to navigate and search various topics. You cannot search the forum with simple google searches which makes it difficult for non-Tradestation clients to get answers on technical issues they might want answering before they join. Tradestation offers one-hour private learning sessions for $150.

In 2019, TradeStation launched 

YouCanTrade: an independent education-focused website run separately from TradeStation brokerage. Traders can pay to gain access to full-featured courses, including webinars, live trading room access, real-time alerts, and more. Source

Opening and Account

In the US: regulated by FINRA
Proof of identity: ID / passport / driver’s license
Proof of residency: bank statement / utility bill
Customer feedback has highlighted that opening an account with Tradestation can be a slow process.
Source

Deposits, Withdrawals Process

Tradestation has a bad reputation for non-user-friendly deposit and withdrawal process and customer service. 

User Reviews

“I tried to make a tradestation account since February. I spent 40+ hour to do it. First, impression it might seem like a decent customer service but they end up rebounding you between different departments. They stole $130 dollars to me plus most importantly the time.” Source 2020

“Spoke with a representative about have funds transferred out of the account. Never told me there would be fees, only found out when I was missing $125 after settlement. Told that I wasn’t eligible for a refund because I didn’t specifically ask about fees.” Source 2020

“Contact service guys are tremendously helping every query and they go beyond to help the clients. Such a lovely platform to invest. It was my 5th payment today.” Source 2020

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tradestation review quant trading forum

TradeStation Customer Support & Learning

TradeStation is a solid choice for market access, offering extensive coverage of major US exchanges, EuroNext, Eurex, and various commodities and futures markets. However, it lacks access to Asian stock exchanges and the London Stock Exchange. Market data and software costs are competitive, with free access to desktop and mobile platforms, although some fees apply for advanced features. User interface and technology are well-designed, with excellent charting and a wide range of indicators.

The platform supports advanced day trading tools, live trading, and research, though it falls short in providing comprehensive fundamental analysis. While the mobile app is highly rated for its functionality and design, customer support and account services receive mixed reviews, often cited for slow response times and complex processes. Overall, TradeStation excels in several areas but has notable limitations, making it a decent choice for traders with specific needs.

Security

Monitoring, Encryption

Monitoring: TradeStation constantly monitors customer accounts to detect suspicious activity. The customers are notified about significant changes made in their profile or account, such as login credentials, contact information, account setting and more.

Unique usernames and strong passwords: All TradeStation customers are required to select unique usernames and strong passwords when they open a new account. Whenever unknown device attempts to log in, the further validation of identity will be required by answering one of the security questions.

Encrypted communication: To protect customer’s account while it is accessed and managed online, TradeStation website and applications use 256-bit data encryption (TLS/SSL).

Firewalls: Advanced hardware and software firewalls help to prevent unauthorized parties from gaining access to the system and personal information.

Additional support: TradeStation is also advising clients to take necessary steps on their end to secure their accounts and information – read here.

Safety of Funds

TradeStation Futures accounts: Held at TradeStation Securities, Inc: Futures Commission Merchant (FCM) that carries customer accounts, is subject to the Customer Protection Rule requirements of the Commodity Futures Trading Commission (CFTC) Rules 1.20 and 30.7. These rules state that the company is required to maintain enough cash and cash equivalents in special reserve accounts, and identified as such, to cover at all times the required segregation reserve amounts. The reserve requirement must be calculated daily and filed electronically through the National Futures Association’s (NFA) web-based WinJammer system. Additionally, the company must also properly segregate these funds from any other proprietary bank account of the company. As of September 30, 2019, TradeStation had $602.7 million segregated in accordance with the above CFTC requirements. For detailed information, please see the Firm’s FCM disclosures : Click here

Two Factor Authentication

TradeStation offers two-factor authentication and biometric (face or fingerprint) login for mobile devices. In 2019, the firm implemented technology designed to detect attempted fraudulent account openings, and it added enhancements to safeguard against fraudulent cash transfers out of client accounts.

TradeStation Security

TradeStation ensures robust security with constant account monitoring and notifications for significant changes. Unique usernames and strong passwords are mandatory, with identity verification for unknown device logins.

The platform uses 256-bit TLS/SSL encryption and advanced firewalls to protect data. TradeStation advises clients on securing their accounts.

Futures accounts comply with CFTC rules, maintaining sufficient cash reserves and segregating client funds. As of September 2019, $602.7 million were held in segregated funds.

Two-factor authentication and biometric login for mobile devices enhance security against fraudulent activities

TradeStation Review Summary 5 Stars

TradeStation is the best broker and software for beginners and intermediate traders using technical analysis or algorithmic trading. It excels in providing a comprehensive platform, EasyLanguage programming, and extensive educational resources.

Pros:

EasyLanguage: The EasyLanguage programming language has a flat learning curve, making it accessible even for beginners, who can pick it up within a week.

Free Market Data: TradeStation offers free software and market data, including 90 days of historical tick data for futures markets and extensive historical data for backtesting.

Educational Resources: The platform provides extensive educational resources such as webinars, eBooks, a YouTube channel with over 100 videos, and a Master Class course, making it easier for new traders to learn and use the platform effectively.

Mobile App: TradeStation's mobile app is highly intuitive, well-designed, and allows quick access to place trades, monitor portfolios, and check account balances in real time.

Comprehensive Platform: TradeStation offers a one-stop shop for charting, testing, data feeds, and brokerage services, supporting trading across multiple asset classes, including stocks, options, futures, and cryptocurrencies.

Competitive Fees: TradeStation has competitive fees, especially for US-based traders dealing in futures, crypto, stocks, or options.

Cons:

Customer Support: Some users have reported delays in opening accounts, contacting technical support, and registering IP addresses for computers.

Automated Trading Limitations: TradeStation has some limitations in automated trading, particularly in managing portfolios without placing individual systems on separate charts.

Despite these minor drawbacks, TradeStation remains a clear winner for its robust charting package, extensive historical data, and easy-to-use live automated trading features. It is especially recommended for those looking to leverage already built and tested third-party software for developing automated trading systems. Quant Savvy advises new traders to use established platforms like TradeStation for developing automated trading systems rather than attempting to build custom platforms from scratch.

TradeStation stands strong against competitors like Interactive Brokers, particularly for average US futures, crypto, stocks, or options traders, although institutional investors might prefer Interactive Brokers for broader market access.

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**Commodity Future and Trading Commission Futures has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures markets. Do not trade with money you cannot afford to lose. The past performance posted on quantsavvy.com is not necessarily indicative of future results. Quant Savvy provides trading algorithms based on a computerized system. All advice is impersonal and not tailored to any specific individual’s unique situation. Quant Savvy, and its principles, are not required to register with the NFA as a CTA and are publicly claiming this exemption. Information posted online or distributed through email has NOT been reviewed by any government agencies — this includes but is not limited to back-tested reports, statements and any other marketing materials. Carefully consider this prior to purchasing our algorithms. For more information on the exemption we are claiming, please visit the NFA website: http://www.nfa.futures.org/nfa-registration/cta/index.html. If you are in need of professional advice unique to your situation, please consult with a licensed broker/CTA. **DISCLAIMER: Commodity Futures Trading Commission Futures trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website or on any reports. 

The past performance of any trading system or methodology is not necessarily indicative of future results. ***All returns posted on this site and in our videos is considered Backtested Trading Performance. Backtested trading results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between backtested trading results and the actual results subsequently achieved by any particular trading program. One of the limitations of backtested trading results is that they are generally prepared with the benefit of hindsight. In addition, backtested trading does not involve financial risk, and no backtested trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of backtested performance results and all of which can adversely affect actual trading results. 

CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under — or over — compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Statements posted from our actual customers trading the algorithms (algos) include slippage and commission. Statements posted are not fully audited or verified and should be considered as customer testimonials. Individual results do vary. They are real statements from real people trading our algorithms on auto-pilot and as far as we know, do NOT include any discretionary trades. Tradelists posted on this site also include slippage and commission. All advice and/or suggestions given in Quant Savvy website are intended for running automated software in simulation mode only. Trading futures is not for everyone and does carry a high level of risk. All past performance shown is backtested data only.