TradeStation enables account opening directly from mobile app for Android devices

Maria Nikolova

The move is targeted at newbies who are looking for a way to open a new account with the broker.

Online trading services provider TradeStation continues to enhance its mobile solutions, with the TradeStation application for Android-powered devices being the latest to enjoy some upgrades.

Just a couple of days ago, the solution got equipped with a functionality that is apparently targeted at newbies who are looking for a way to open a new account with TradeStation. They need to look no further, as they can now open an account directly from the app.

The change is barely surprising to those who have been monitoring the latest developments around TradeStation. Back in July last year, when TradeStation announced a range of changes to its corporate image and strategy, the company said it would target a growing clientele, including more millennials and younger traders. John Bartleman, President of TradeStation Group, said the company will be taking the technology into a new direction – with more mobile and web-based offerings to suit this type of clientele.

And in a recent interview with FinanceFeeds, he noted the importance of web in order to expand to a retail audience. That is why the broker added Matrix, trading news and its Trader Concierge to actively push data to customers.

Back to the mobile solutions offered by TradeStation, let’s note that the Android app has made Open Interest available on the Options chain. Probability ITM (in the money), OTM (out of the money), BE (break-even) & Theoretical value are all there too. These enhancements were introduced to the iOS app in late May.

TradeStation’s newly updated symbol search tool has also become available to users of TradeStation apps for iOS and Android gadgets. The tool now incorporates volume into the search results, which will help users quickly identify the most active stocks directly from their search. It is also more predictive and will make life easier when traders are looking for their favorite company ticker.

Read this next


US and South Korea seek extradition of Luna founder Do Kwon

Both US and South Korean officials are seeking to extradite Terraform Labs CEO Do Kwon, just hours after he was arrested in Montenegro.

Retail FX

Pepperstone UK doubles profit, client assets in 2022

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Institutional FX

CLS FX volume rises to just shy of $2 trillion in February

Foreign exchange settlement provider, CLS Group saw strong volumes in February 2023 as the banking crisis continues to weigh on a world economy that’s yet to fully recover from the Russia-Ukraine war’s shocks.

Digital Assets

Binance restores trading after 2-hour outage

Binance suffered a breakdown on its trading engine that lasted for about two hours, but the premier cryptocurrency exchange finally managed to restore normal operations at around 14:00 UTC.

Digital Assets

Tether earns $700 million in Q1, taking excess reserves to $1.6 billion

Tether chief technology officer Paolo Ardoino said the world’s largest stablecoin issuer expects to earn more than $700 million in the January-Mach quarter, which will be added to the reserve backing its stablecoin (USDT).

Digital Assets

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.


SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products.