TradeStation Crypto, Inc., a subsidiary of TradeStation Group, announced on Tuesday it has introduced its new price plan that will include reductions in taker fees of up 50% and additional maker fees. The company noted it does not charge any fees for crypto custody, deposits, or withdrawals.
TradeStation Crypto also revealed that it offers full price transparency with no markups or spreads as well as fast execution through its routing technology to a range of liquidity sources.
“Under the new plan, traders with $100K or less of assets in their accounts will benefit from a simple flat commission. Traders with more than $100K of assets in their accounts will enjoy one of the most competitive maker/taker pricing plans in crypto.”
TradeStation Crypto further explained that it pays interest to customers on BCH, BTC, ETH, LTC, and USDC holdings. TradeStation Crypto’s interest-earning feature was among the first for crypto brokerage accounts. Under the new pricing plan, customers currently earn up to 6%* per annum on eligible crypto assets in their TradeStation Crypto accounts.
“TradeStation Crypto believes it is the first crypto offering that uses the true online brokerage model that self-directed traders have come to expect for other asset classes, like equities, options, and futures. In contrast to a crypto exchange model, TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system to give its customers better visibility and trade execution.”
TradeStation went on to add under the new plan, traders with $100,000 or less of assets in their accounts will benefit from a simple flat commission. Traders with more than $100,000 of assets in their accounts will enjoy one of the most competitive maker/taker pricing plans in crypto.