Tradovate is a technology-centered brokerage company that was launched in 2015 and operates in Columbus, Ohio. Tradovate aims to deliver a seamless futures trading experience on new technology, commission-free trading and cloud-based solutions to active futures traders.
Table of Content – Tradovate review
Trading Platforms & Tools
Tradovate offers a Tradovate platform with integrated multi-device trading using technology designed for active futures and downloads for Mac, PC, and mobile apps.
- One-click order entry
- Bracket orders (One-cancels-other), including setting brackets by ticks, price, or currency.
- Multiple Brackets held server side up to 10 target and stop levels
- Configurable hotkeys
- Volume histogram
- Sweep limit order option
- Link to quotes
Tradovate Premium Integration benefits
- When placing trades on Tradovate, view and manage these orders from with a fully integrated experience
- View account balances, positions, orders and margins in one screen
- Use the integrated charts and tools alongside your Tradovate software including daily loss limit, performance reports, server-side multi-brackets and more
- Available for both live and simulated trading
- No order routing fees for Premium Partners
- No additional market data fees for Premium Partners
- A single easy login for both Tradovate and the integrated tools
- Debt of Market
- Order Management
- Simulated Trading
- Market Replay
- Options Chain
- Spread Matrix
- Group Trade
- Third Party Tools
- Performance Centre
- Beyond Trading
Tradovate offers the following types of accounts:
- Tradovate Release Notes
- CME Resource Center
Tradovate minimum amount to open an account is $250. The pricing page for Tradovate, a futures trading platform:
On the page, there are three pricing plans: the Free plan, the Basic plan, and the Pro plan. The Free plan offers commission-free trading for up to two contracts per side, per month, while the Basic plan and Pro plan offer unlimited trading with varying fees. The Basic plan has a flat fee per contract traded, while the Pro plan offers reduced fees for high-volume traders.
In addition to the pricing plans, Tradovate also offers a number of features and services, including advanced charting, real-time data and market depth, order types and customization, and more. Some of these features are only available on the Basic and Pro plans.
Tradovate offers customer support in several languages through live chat, email, and telephone.
Regulation of Tradovate
Tradovate, LLC is an NFA registered introducing broker providing brokerage services to traders of futures exchange products.
Conclusion – Is Tradovate legit?
Tradovate is a technology-centered brokerage company that provides commission-free trading and cloud-based solutions to active futures traders.Tradovate offers reliable, multilingual customer support around the clock. Tradovate, LLC does not charge platform, maintenance, or inactivity fees.
Yes, Tradovate is a legitimate broker. Tradovate is a US-based futures brokerage firm that is registered with the National Futures Association (NFA) and is a member of the Financial Industry Regulatory Authority (FINRA). They offer commission-free trading on futures contracts, as well as a variety of trading platforms and educational resources for traders.
Tradovate operates using a transparent pricing model, where traders pay a monthly fee for access to the platform and trading tools, and do not have to pay commissions on trades. Instead, Tradovate passes on exchange fees directly to the trader, with no markup or hidden fees.
Tradovate has received positive reviews from customers for their trading platform and customer service. However, it is important to note that trading always involves risks, and traders should carefully consider their trading objectives and risk tolerance before using any broker or trading platform.