Tradovate Overview
| Website | tradovate.com |
| Year Founded | 2015 |
| Countries of Registration | United States |
| Website Languages | English |
| Regulators | NFA, CFTC |
| Broker Type | DMA |
| Dealing | A-book |
| Minimum Deposit | $1 |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
| Spread | low |
| Trading Platforms | Tradovate, NinjaTrader, TradingView |
| Trading Assets | Futures (Indices, Commodities, Currencies, Metals, Energies, Bonds, Cryptocurrencies) |
In the ever-evolving landscape of futures trading, Tradovate emerged as a beacon for those seeking a streamlined and innovative approach to the markets. Founded in 2015, the company was born from a vision to simplify trading, allowing individuals to engage with a variety of futures contracts-from commodities to cryptocurrencies-without the barriers often associated with traditional brokers. With no minimum funding requirements and a commission structure designed to cater to both the cost-conscious and the active trader, Tradovate invites everyone, from beginners to seasoned professionals, to explore its robust offerings. Tradovate’s cloud-native platform embodies the spirit of modern trading, enabling users to operate from any device with a suite of advanced tools at their fingertips. Seamless integration with popular trading platforms like NinjaTrader and TradingView enhances the trading experience, providing a versatile environment for strategy execution. As the world of futures trading continues to grow, Tradovate stands ready to support a diverse clientele, fostering a community where traders can thrive in pursuit of their financial goals.
Brief look at Tradovate
Tradovate is a US based futures broker launched in 2015. The cloud native platform lets you trade 100+ Micro, Mini and Nano contracts from any device with no account minimum and commission options starting at $0.09 per side. Regulated by the NFA/CFTC, Tradovate offers low intraday margins, advanced order flow tools and seamless integration with NinjaTrader and TradingView.
Pros
- No minimum funding requirement
- Commission‑free or ultra‑low‑fee pricing models
- Native cloud platform with 40+ futures tools
- Low day‑trade margins (from $50)
- Regulated in the US with segregated client funds
Cons
- Futures only - no stocks, ETFs or spot FX
- No investor compensation scheme
- Wire withdrawals cost $30 after two free ACH withdrawals
Is Tradovate available in my country?
We just checked and
Tradovate accepts clients from United States!
Your capital is at risk
Tradovate Reviews
I recently signed up with Tradovate and I must say, the demo account feature is fantastic for practice. The app is user-friendly, and the withdrawal time is quicker than I expected. Definitely a solid broker for trading futures!
9/15/2023Tradovate offers a great range of account types and the spreads are competitive. I was pleasantly surprised by the minimum deposit requirement. The platform is easy to download and navigate. Highly recommend!
8/1/2023While Tradovate has a decent app and a straightforward login process, I found their customer support lacking during my bonus withdrawal request. However, the trading tools are robust, which makes up for some drawbacks.
7/20/2023I appreciate the leverage options Tradovate provides. The platform is easy to use, and I love the variety of trading options available. I did face some issues with the rebate program but overall, a good broker for trading.
9/5/2023Tradovate has impressed me with their trading capabilities. The app is smooth, and I had no issues with the sign-up process. Their minimum deposit is reasonable.
8/25/2023Leave a Review
Is Tradovate regulated?
| Companies | Tradovate LLC |
| Countries | United States |
| Regulators | NFA, CFTC |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Tradovate Account Types
| Property | Futures Account |
|---|---|
| Min Deposit | $1 |
| Lot Size | 1 |
| Spread Type | Floating |
| Execution | Market |
| Min Spread | 0.1 pips |
| Fee | $0.78 per 1 lot |
| Max Leverage | 1:100 |
| Stop Out | 100% |
| Margin Call | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Tradovate Funding and Fees
| Base currencies | USD, EUR, GBP, CAD, AUD |
| Deposit and withdrawal methods | ACH, Wire Transfer, Debit/Credit Card, Checks |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal Fee | ACH free; $30 domestic wire |
Tradovate Trading Platforms and Conditions
| Trading Platforms | Tradovate, NinjaTrader, TradingView |
| Execution Speed | 10 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
Tradovate Trading Assets
| Currencies | 14 |
| Indices | 15 |
| Stocks | 0 |
| Cryptocurrencies | 6 |
| Bonds | 6 |
| Metals | 4 |
| Energies | 5 |
| Soft Commodities | 8 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Tradovate Support
| support@tradovate.com | |
| Phone | +18442833100 |
| YouTube | YouTube |
Tradovate Alternatives
| Broker | Tradovate | Interactive Brokers |
|---|---|---|
| Type | DMA | DMA |
| Minimum Deposit | $1 | $1 |
| Regulators | NFA, CFTC | SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS |
| Platforms | Tradovate, NinjaTrader, TradingView | Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader |
| Spread | low | low |
| Leverage | 1:100 | 1:50 |
| Assets | Futures (Indices, Commodities, Currencies, Metals, Energies, Bonds, Cryptocurrencies) | Stocks, ETFs, Options, Futures, Forex, Bonds, Mutual Funds, Cryptocurrencies, Commodities, CFDs |
Is Tradovate Right for You?
Tradovate stands out as a robust futures broker, particularly for those looking for a cloud-native trading experience. With no minimum funding requirement and commission options starting as low as $0.09 per side, traders can benefit from low-cost access to over 100 futures contracts. The platform's advanced order flow tools and low day-trade margins, regulated by the NFA/CFTC, further enhance its appeal. However, Tradovate does have notable limitations. It exclusively offers futures trading, meaning that investors interested in stocks, ETFs, or spot FX will need to look elsewhere. Additionally, while ACH withdrawals are free, wire withdrawals incur a $30 fee after two free transactions, which could be a downside for more active traders. In conclusion, Tradovate is a suitable choice for traders focused on futures looking for a low-cost, flexible platform with advanced trading tools. However, those seeking a broader range of investment options or concerned about withdrawal fees might want to consider alternative brokers.
FAQ
Is Tradovate safe?
How does Tradovate make money?
What is the minimum deposit for Tradovate?
How do I deposit funds in a Tradovate account?
How do I withdraw money from Tradovate?
How much is the maximum leverage at Tradovate?
What trading platforms does Tradovate offer?
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.