What's New in TradeStation 8.3

Announcing…all the forex trading power you need, brought together in one platform. It’s not just a new release, it’s a revolution—the first forex trading platform to offer you the power to create, back-test and automate your own trading strategies. Now, forex traders, it’s your turn to access the full power of strategy trading and join the thousands who trade the stock, futures and options markets using the award-winning TradeStation platform. There’s no longer any need for third-party applications—one award-winning platform does it all. Plus, we leverage this enormous trading power even more by offering you access to global interbank spreads combined with new forex commissions designed to help you save.

With the new TradeStation 8.3, just released, we bring you an impressive arsenal of forex tools fully integrated into the TradeStation platform—offering you the powerful capability to design and back-test forex trading strategies. We give you an extensive historical database to back-test with, including FREE streaming forex real-time data, and 34+ years of historical forex daily data on several of the major currencies, and intra-day data since October 21, 2002. Plus, we took the unique needs of forex traders into account with added functionality such as the ability to specify your stops and all your strategy properties and view performance results in the local currency of the symbol or in the currency of your account and more. TradeStation now even allows you to account for rollover rates in your historical and real-time strategy testing. More about Strategy Testing

Perhaps most importantly, for the first time, you have the power of full automation at your fingertips. So, you can send your forex orders straight to the market, based on the conditions you define and back-test. That means you can put TradeStation to work actually monitoring the highly complex and competitive forex market for you. It can immediately alert you to virtually any market moves and conditions you specify and actually send your trades to the marketplace, automatically.
More about Automated Trading

At TradeStation, we understand that forex traders want the tightest possible spreads. So, with the release of TradeStation 8.3, we offer you the advantage of pip spreads as low as 1-2 on the most popular pairs, combined with a low, upfront base commission rate. That means that there’s no markups/markdowns hidden in the spreads like you’ll find with other brokers. You’ll know exactly what you’re paying for, with no hidden cost. You’ll also enjoy fractional pips to give you 10 times more precision whenever you place a trade, plus the benefit of access to interbank spreads, once only available to major institutions. Take a look...

Forex Commissions - .2 basis point (.2 basis point=.00002) x trade value in US $ (price x limits) $2.50 minimum

Spreads as low as 1-2 pips on the most widely traded currency pairs.


Pair	As low as		Pair	As low as

EUR/USD		1.0	NZD/USD		2.6
USD/JPY		1.0	CHF/JPY		2.0
USD/CHF		1.0	CAD/JPY		3.4
EUR/GBP		1.0	AUD/JPY		3.4
EUR/JPY		1.5	NZD/JPY		4.3
EUR/CHF		1.0	GBP/JPY		4.0
GBP/USD		2.5	GBP/CHF		6.9
USD/CAD		2.9	EUR/AUD		6.9
AUD/USD		2.0	EUR/CAD		5.3

Fractional Pips

Now, TradeStation offers you fractional pips that are 10 times more precise. You gain an extra digit of precision so that you can take advantage of smaller price movements. Fractional pricing is market driven and because of that you benefit. Our quotes are derived directly from bank prices, so our dealing spreads will fluctuate to reflect available forex market liquidity, and we pass those on to you.

Here's how:
Most FCMs offer fixed spreads as a way to markup or markdown the best bid or offer. This is usually done to hide their fee into the price of the currency pair instead of displaying their best quote. For example, an FCM may currently offer a forex pair at a static 3 pips, which is 3 price movements. With TradeStation’s new fractional pips, and assuming the same spread, there would be 30 price movements between the "bid" and the "ask." With TradeStation you will now see spreads as tight as 1.0 to 2.0 pips where other FCMs may offer only a static 3 pip spread.

GAIN Capital Group, Inc. acts as the counterparty for each forex transaction and as a liquidity provider to clients using its access to the inter-bank market. In doing so, GAIN Capital Group, Inc. assumes the risk associated with each transaction. A portion of GAIN Capital Group, Inc.’s profitability may be the difference between the bid and the offer provided to the client, as well as GAIN Capital Group, Inc.’s ability to offset any risk transferred to GAIN Capital Group, Inc. by clients.