• Business

    Business Ideas

    ALL
    • In-Demand Businesses
    • Businesses That Never Fail
    • Best Passive Income Ideas for Increasing Cash Flow
    • Essential Tips To Start An Online Business
    • Best Websites To Buy Or Sell An Online Business For Free
    • Everything You Need to Know About Online Selling 
    • Current Business Trends: 9 Things to Keep in Mind
    • How to Open a Coffee Shop Business: A Comprehensive Guide
    • Effective Ways to Start your Business from Scratch 
    • The Main Types And Advantages Of Online Business
    Menu
    • In-Demand Businesses
    • Businesses That Never Fail
    • Best Passive Income Ideas for Increasing Cash Flow
    • Essential Tips To Start An Online Business
    • Best Websites To Buy Or Sell An Online Business For Free
    • Everything You Need to Know About Online Selling 
    • Current Business Trends: 9 Things to Keep in Mind
    • How to Open a Coffee Shop Business: A Comprehensive Guide
    • Effective Ways to Start your Business from Scratch 
    • The Main Types And Advantages Of Online Business

    Tips For A Successful Business

    ALL
    • Creative Business Proposal Ideas for Better Sales
    • Easy Digital Marketing Strategies for Small Business
    • Easy Steps to Develop Effective Time Management Skills
    • ClickUp, Trello or Hive?
    • Best SEO Tips for Small Businesses
    • Lessons Every Business Can Learn From Coworking Spaces
    • The Best Digital Marketing Strategies for a Real Estate Business
    • Useful Tips to Make Your E-Commerce Business Successful.
    • Why Do You Need to Track Your Spending
    Menu
    • Creative Business Proposal Ideas for Better Sales
    • Easy Digital Marketing Strategies for Small Business
    • Easy Steps to Develop Effective Time Management Skills
    • ClickUp, Trello or Hive?
    • Best SEO Tips for Small Businesses
    • Lessons Every Business Can Learn From Coworking Spaces
    • The Best Digital Marketing Strategies for a Real Estate Business
    • Useful Tips to Make Your E-Commerce Business Successful.
    • Why Do You Need to Track Your Spending
  • Money

    Invest Money

    ALL
    • Best Safe Investments
    • Investing In Real Estate
    • How To Invest: Are Your Investment Right Your Age
    • Best Alternative Investments
    • Best Investments To Beat Inflation
    • How To Invest In Collectibles
    Menu
    • Best Safe Investments
    • Investing In Real Estate
    • How To Invest: Are Your Investment Right Your Age
    • Best Alternative Investments
    • Best Investments To Beat Inflation
    • How To Invest In Collectibles

    Banking

    ALL
    • Best Savings Account
    • Best High Yield Savings Account
    • Best CD Rates
    • Best Money Market Accounts
    • Best Online Checking Account
    • Best Banking Apps
    Menu
    • Best Savings Account
    • Best High Yield Savings Account
    • Best CD Rates
    • Best Money Market Accounts
    • Best Online Checking Account
    • Best Banking Apps

    Loan

    ALL
    • Best Personal Loan
    • Best Low-Interest Personal Loans
    • Best Personal Loans for Bad Credit
    • Best Personal Loans for Excellent Credit
    • Best Debt Consolidation Loans
    • Best Student Loans
    Menu
    • Best Personal Loan
    • Best Low-Interest Personal Loans
    • Best Personal Loans for Bad Credit
    • Best Personal Loans for Excellent Credit
    • Best Debt Consolidation Loans
    • Best Student Loans

    Insurance

    ALL
    • Sproutt Life Insurance Reviews
    • eHealth Insurance Reviews
    • Cheap Car Insurance Reviews
    • Embrace Pet Insurance Reviews
    • Best Rideshare Insurance Reviews
    Menu
    • Sproutt Life Insurance Reviews
    • eHealth Insurance Reviews
    • Cheap Car Insurance Reviews
    • Embrace Pet Insurance Reviews
    • Best Rideshare Insurance Reviews
  • Forex

    Featured

    ALL
    • Best Forex Trading Courses
    • Best Forex Academy
    • Best Forex Trading Coaches
    • Best Forex Mentors
    Menu
    • Best Forex Trading Courses
    • Best Forex Academy
    • Best Forex Trading Coaches
    • Best Forex Mentors

    Learn To Trade Forex With Dumb Little Man

    ALL
    • Best Forex Brokers Review
    • Best Forex Trading Software
    • How To Trade Forex
    • How to Read Forex Charts
    • Best Forex Indicators
    • Best Forex Screeners
    • Best Time To Trade Forex
    • Best Forex Trading Tools
    • AvaTrade Review
    • CedarFX Review
    • Forex.com Review
    • Interactive Brokers Review
    Menu
    • Best Forex Brokers Review
    • Best Forex Trading Software
    • How To Trade Forex
    • How to Read Forex Charts
    • Best Forex Indicators
    • Best Forex Screeners
    • Best Time To Trade Forex
    • Best Forex Trading Tools
    • AvaTrade Review
    • CedarFX Review
    • Forex.com Review
    • Interactive Brokers Review
  • Stocks & Crypto

    Stocks

    ALL
    • Best Stock Brokers
    • Best Online Brokers for Stocks Under $100
    • Best Online Brokers for ETF Investing
    • Best Brokers for Mutual Funds
    • Best Online Brokers for Bonds
    • Best Blue Chip Stocks
    • Best Swing Trade Stocks
    • Stages of a Stock Market Bubble
    • Best Stock Investing and Trading Podcasts
    • Best Defensive Stocks to Invest
    Menu
    • Best Stock Brokers
    • Best Online Brokers for Stocks Under $100
    • Best Online Brokers for ETF Investing
    • Best Brokers for Mutual Funds
    • Best Online Brokers for Bonds
    • Best Blue Chip Stocks
    • Best Swing Trade Stocks
    • Stages of a Stock Market Bubble
    • Best Stock Investing and Trading Podcasts
    • Best Defensive Stocks to Invest

    Cryptocurrency

    ALL
    • Best Cryptocurrency Trading Courses
    • Best Cryptocurrency Brokers
    • Best Cryptocurrency Exchanges
    • Best Cryptocurrency Apps
    • Learn about Cryptocurrency
    • How To Earn Cryptocurrency
    • How to Trade Cryptocurrency
    • Best Cryptocurrencies
    • Best Crypto Trading Bots
    • Best Crypto Portfolio Trackers
    Menu
    • Best Cryptocurrency Trading Courses
    • Best Cryptocurrency Brokers
    • Best Cryptocurrency Exchanges
    • Best Cryptocurrency Apps
    • Learn about Cryptocurrency
    • How To Earn Cryptocurrency
    • How to Trade Cryptocurrency
    • Best Cryptocurrencies
    • Best Crypto Trading Bots
    • Best Crypto Portfolio Trackers
  • Health

    Health Conditions

    ALL
    • Macular Degeneration
    • Testosterone
    • Constipation
    • Hormonal Imbalance
    • Stomach Bloating
    • Sleeping Problems
    • Baldness
    • Lower Back Pain
    • Toenail Fungus
    • Mouth Sores
    • Eye Dark Circles
    • Stomach Bloating
    • Headaches
    • Face Acne
    Menu
    • Macular Degeneration
    • Testosterone
    • Constipation
    • Hormonal Imbalance
    • Stomach Bloating
    • Sleeping Problems
    • Baldness
    • Lower Back Pain
    • Toenail Fungus
    • Mouth Sores
    • Eye Dark Circles
    • Stomach Bloating
    • Headaches
    • Face Acne

    Product Reviews

    ALL
    • Diet & Weightloss
    • Exercise and Fitness
    • Beauty and Skin
    • Hair and Nails
    • Strength Training
    • Yoga
    • Dietary Supplements
    • Over-40 Supplements
    • Sexual Health
    • Dental Health
    • Men’s Health
    • Women’s Health
    • Sleep and Dreams
    • Best Weight loss Supplements
    • Best Fat Burner Supplements
    • Best Hair Growth Supplements
    • Best Vision Supplements
    • Best Memory Supplements
    • Best Natural Testosterone Supplements
    Menu
    • Diet & Weightloss
    • Exercise and Fitness
    • Beauty and Skin
    • Hair and Nails
    • Strength Training
    • Yoga
    • Dietary Supplements
    • Over-40 Supplements
    • Sexual Health
    • Dental Health
    • Men’s Health
    • Women’s Health
    • Sleep and Dreams
    • Best Weight loss Supplements
    • Best Fat Burner Supplements
    • Best Hair Growth Supplements
    • Best Vision Supplements
    • Best Memory Supplements
    • Best Natural Testosterone Supplements
  • Relationship

    Blogs and Tips

    ALL
    • Females in Relationship
    • Men in Relationship
    • Dating Tips
    • Finding yourself
    • Marriage Tips
    • Love
    Menu
    • Females in Relationship
    • Men in Relationship
    • Dating Tips
    • Finding yourself
    • Marriage Tips
    • Love

    Dating Guides

    ALL
    • Best Catholic Dating Sites and Apps
    • Best Christian Dating Sites
    • Best Pagan Dating Sites and Apps
    • Best Teen Dating Sites and Apps
    • Best Dating Apps for College Students
    • Asian Dating Guide
    • Japanese Dating Guide
    • Filipina Dating Guide
    • Indian Dating Guide
    • Black Dating Guide
    • Russian Dating Guide
    • Best Free Trucker Dating Sites and Apps
    • Best Dating Sites and Apps for Marriage
    • Best Free Crossdresser Dating Sites and Apps
    • Best German Dating Sites
    Menu
    • Best Catholic Dating Sites and Apps
    • Best Christian Dating Sites
    • Best Pagan Dating Sites and Apps
    • Best Teen Dating Sites and Apps
    • Best Dating Apps for College Students
    • Asian Dating Guide
    • Japanese Dating Guide
    • Filipina Dating Guide
    • Indian Dating Guide
    • Black Dating Guide
    • Russian Dating Guide
    • Best Free Trucker Dating Sites and Apps
    • Best Dating Sites and Apps for Marriage
    • Best Free Crossdresser Dating Sites and Apps
    • Best German Dating Sites
  • Trading School

Tradier Brokerage Review: Is it the Best Intuitive Trading Platform in 2023?

Written and Published by Wilbert S on January 5, 2023 - Reviewed by Dumb Little Man

 Tradier Brokerage Review: Is it the Best Intuitive Trading Platform in 2023?
Forex Money Trading
by Wilbert S January 5, 2023

Want to jump straight to the answer? The best forex broker for traders is Avatrade

The #1 Forex Trading Course is Asia Forex Mentor

Many traders have sour user experiences with their brokers’ platforms, but they seem to have no power to change anything. They often wished they had a trading tool to help a part of trading easy or they believed they could create a more comfortable trading application for themselves.

Tradier was the first backend trading platform, understands those trading needs, and has provided the tools needed by the traders to create their applications and indicators.

It also understands the difficulty of active users who have a series of accounts with many brokers and wish to consolidate them all in one location. Tradier Broker has provided such an opportunity.

With the innovations created by Tradier, it is the best intuitive trading platform that allows its users who have brokerage accounts to customize its platform as they wish.

Table of Contents

  • Tradier Brokerage Review: What Is Tradier Brokerage?
  • How does Tradier Brokerage platform work?
  • What are the Features of Tradier Brokerage platform?
  • How much are Tradier Brokerage Commissions and Fees?
  • Who is Tradier Brokerage Best For?
  • Tradier Brokerage Pros and Cons
  • Tradier Brokerage User Experience
  • Tradier Brokerage vs Competitors
  • Conclusion: Is Tradier Brokerage a Good Platform for investors and active traders?
  • Tradier Brokerage FAQs

Tradier Brokerage Review: What Is Tradier Brokerage?

Tradier broker is a registered broker by the Financial Industry Regulatory Authority (FINRA). It was initially an only backend trading platform until it recently developed its frontend platform. It offers several offerings for traders interested in having a technological taste and freedom to their trading experience.

Tradier Brokerage Review
Photo: Tradier Brokerage

This platform provides a trading engine, a brokerage and portfolio management system, and market data. It also allows access to the Application Programming Interface (API), where the traders can create their trading platform and indicators.

Tradier’s proprietary trading platform is called ‘TradeHawk.’ it was founded in 2012 and is based in Charlotte. It has provided a platform where other brokers’ platforms can be hinged upon as it is compatible with several of them. This means that where a trader has accounts with more than a trader, he can operate those platforms from tradier’s platform.

How does Tradier Brokerage platform work?

Tradier was originally a backend platform before it decided to delve into the frontend platform. Tradier supports the wide integration range of investment platforms making the Tradier a one-stop shop for traders with many trading accounts.

While the platform can integrate other trading platforms, it created its platform to provide brokerage services called ‘TradeHawk,’ were stocks, ETFs, and options trading are available.

It also provided two pricing models for its users. They can either enjoy the commission-free policy and pay $0.35 per contract or pay a flat fee of $10 monthly to ensure access to stock and options trading and the commission-free policy.

Click Here to Open an Account with Tradier Brokerage (Official Page)

What are the Features of Tradier Brokerage platform?

Tradier Offerings:

The broker offers stock, option, and ETF trading with two types of payment schedules. There are low fees and monthly fee payment schedules. It does not have other offerings such as cryptocurrency, mutual funds, etc.

The platform offers 22 stock exchanges and 14 options markets. It has a commission-free policy on its stock and ETF trades. There is a low margin trading interest of 5.25%. This rate is flat, no matter the amount borrowed for margin trading.

The platform offers a $0.35 per contract rate on options trading or allows for an options monthly fee of $10. This subscription covers every contract made for that month. It is one of the very few brokerage trading platforms that offer a monthly subscription for its customers.

Order Types

The platform provides for its users almost every type of order, including complex ones. This gets approval for experienced traders who would not want to be limited by the number of order types available in the broker platform because different trades require different orders.

Security

The platform provides insurance for its users up to the tune of $500,000. It is registered and insured with the SIPC. The website is relatively secure as it is encrypted. Also, the founders were formerly specialized in backend operations, which means they have learned the art of securing the money and their website. They know most of the tricks in the books and try to prevent a security breach of their platform and their users’ data.

Education

Tradier platform offers several educational resources and research tools for its users, especially its beginner investors. These educational resources help build a trading strategy, learn about trading terms, understand the effect of financials, understand the tools on the platform, etc.

One of the resources provided by the platform is risk-free paper trading. This is a brokerage account where the user has a virtual capital of $100,000 and trades with them. The paper trading style helps users understand trading strategies and carry out their experiments on the market while running a risk-free account. It is free for 60 days, and it is the best practical way to test the tools on the platform since it is the closest type of trade to actual trading.

Another resource provided is the customizable sandbox platform. A tech cum active trader who had long wished to have the ability to create his trade tools, UI, and indicators would have a field day with the customizable sandbox platform as it allows you to create your applications and customize your dashboard and trading experience.

A Tradier blog gives a lot of information on the TradeHawk platform, including how to use the mobile app on different devices, including your mobile device.

The platform has partnered with several trade educators to help the traders with reliable data and educational content. As a user of the platform, you have this wealth of educators and mentors at your fingertips which you can explore to get better at your trading.

Customer Support

There is a chatbox on the platform where you can engage the customer service. A ‘live support’ feature allows customers to get comprehensive support from the customer service team, especially for technical questions. The team would get access to your screen to provide the support directly.

You can also reach customer service via their mail ([email protected]) or call-in support at 980-272-3880.

How much are Tradier Brokerage Commissions and Fees?

There are two different fee schedules which the users can choose from. These schedules are called the standard equity and options trading and the all-inclusive subscription model.

There is a commission-free policy per order for the standard equity and options trading and a $0.35 fee per contract. For the all-inclusive subscription model, you pay $10 to enjoy the commission-free policy for all orders and contracts for that month.

Margin trading is also available for a flat rate of 5.25%. Other Tradier’s commissions and fees include Automated Customer Account Transfer (ACAT), Options assignment, IRA Annual Fee, etc., but these are the major ones. 

Click Here to Open an Account with Tradier Brokerage (Official Page)

Who is Tradier Brokerage Best For?

Active Traders

Tradier has more active traders who are only interested in building their portfolio around equity and options. Some traders wish to stay with the markets they understand without exploring further because of the risk.

A trader like this prefers Tradier account because of the commission-free policy and the flat-rate monthly charge.

Tech-savvy traders

Some tech-savvy traders are interested in building or customizing their applications. They believe they can do better than the platform’s UI and tools, and this service provider allows them to carry out their wish with the customizable sandbox platform.

Traders with several broker accounts

Some traders have several broker accounts and would love to consolidate their accounts in one platform. Tradier provides such a platform. Tradier brokerage account is a platform that offers integration with platforms like Esignal, Stockstotrade, Evati, and other platforms.

Tradier Brokerage Pros and Cons

Pros

  • Flat Margin Rates
  • Low minimum investment requirement
  • Self-Customizable platform
  • Wide range of integrated platforms

Cons

  • Does not trade mutual funds or cryptocurrency
  • Not ideal for a beginner investor

Tradier Brokerage User Experience

Tradier has a platform that allows you to customize your experience by creating your applications and trading tools. It also has an East way to open an account. However, some features dampen the user experience.

One Step Transaction Process

The brokerage has only one step transaction process, which means it cannot be an opportunity for traders to confirm the amount and order type of the trade before buying or selling securities. This should be improved upon.

Overwhelming features

A beginner investor would not find it fun using Tradier platform because of the overwhelming features that come with it. The platform is just right for professional traders and tech-savvy traders. The platform can be worked upon to make provisions for beginner investors.

Tradier Brokerage vs Competitors

Some of Tradier’s competitors are Robinhood and E*Trade. Robinhood offers similar offerings with Tradier as both trade stocks, ETFs, and options. However, it stands out as it offers fractional shares and has an easy user interface that would warm the hearts of beginner investors. E*Trade also does not offer forex and cryptocurrencies like Tradier. However, it has a mobile app that provides for the wishes of both beginner investors and advanced traders. It also has more offerings than Tradier.

>>Read more About Robinhood Review: Is it the Best for Beginners Trading Platform?

While Robinhood is a commission-free platform, it has limited customer support as only the chatbox on the platform is available. Tradier has responsive customer support with the ‘live support’ feature to ensure all customers’ technical or not queries are addressed.

E*Trade has separate platforms for beginner investors and experienced traders. Still, Tradier has a lower margin rate and allows tech-savvy investors to explore and create their applications and tools.

Click Here to Open an Account with Tradier Brokerage (Official Page)

>>Read more About E*Trade Review: Is it the Best Web Platform?

Conclusion: Is Tradier Brokerage a Good Platform for investors and active traders?

Tradier is a fair platform for investors as it provides them with a series of analysis tools and features they need to ensure they enjoy their investment. However, it has a penalty for passive investors who make less than two trades per year as they will be charged an inactivity fee of $50.

It is a good platform for active traders as it provides a wide range of trading tools and order types to explore.

It also provides the active traders the ability to integrate their multiple platforms into its platform.

Active options traders who engage in frequent margin and options trades would enjoy the platform with the flat margin rate and the flat commission rate.

Tradier Brokerage FAQs

Is Tradier Brokerage safe?

Tradier provides safety measures such as website encryption to protect its users’ data from a breach. It also insured its users’ accounts with the SPIC up to the tune of $500,000.

The brokerage does this to spur confidence in its platform and ensure traders use it without fear of data theft or uninsured trades.

Is Mutual Funds a good investment?

Mutual Funds are a good investment for those who wish to have a professional help them trade securities, particularly securities they do not have enough capital to invest in.

They get funds from several investors and invest them in securities such as stocks. These investors share the profits and the losses proportionally.

Does Tradier Brokerage have an automated customer account transfer service?

Yes, Tradier broker has automated customer service that moves securities from one brokerage to another. This process is more straightforward with Tradier since it has a wide range of integrated platforms.

Click Here to Open an Account with Tradier Brokerage (Official Page)

Like this Article? Subscribe to Our Feed!

Author: Wilbert S

Wilbert is an avid researcher and is deeply passionate about finance and health. When he's not working, he writes research and review articles by doing a thorough analysis on the products based on personal experience, user reviews and feedbacks from forums, quora, reddit, trustpilot amongst others.

  • Web
  • |
  • More Posts(489)

Share This:

  • 0
    Facebook
  • 0
    Twitter
  • 0
    Linkedin
  • 0
    Email
Previous post
Next post

Getting Started With Forex

Best Forex Trading Course

The forex market is incredibly volatile and confusing, to a large extent, and even seasoned traders sometimes struggle to make headway in it.

READ MORE

Best Forex Brokers Review

There are a lot of factors and components involved in trading forex. Forex brokers are an important and inevitable aspect of trading the currency market.

READ MORE

Best Forex Trading Software

The forex market is one of the biggest financial markets in the world with trade volumes of over $6 trillion. It’s also a very volatile market as well with rapidly changing price action.

READ MORE

Learn About Forex

How to Read Forex Charts

Find out how to read forex charts. This article outlines some basic concepts of the forex market and provides you with a solid foundation for understanding its structure.

READ MORE

How To Trade Forex For Beginners

If you want to trade in forex, the first step is figuring out how. Our beginner’s guide will walk you through what it means to trade in foreign exchange and how you can get started today.

READ MORE

Best Forex Indicators for 2022

This article provides a list of best forex indicators for traders who want to make consistent profits. Find out what are the best forex indicators for you. Learn more about this subject and learn how to choose the right one for your needs.

READ MORE

MORE ON INVESTING

Best Cryptocurrency Brokers

There is no doubt that cryptocurrencies are here to stay. These digital currencies have become huge too. Besides, those who got into crypto early are now smiling…

READ MORE

Best Stock Brokers Review

Believe it or not, an online broker is a financial institution designed to help customers purchase different securities such as stocks from one of the best trading platforms…

READ MORE

Best Future Brokers

Buying and selling securities or commodities sometime in the future is known as future contracts. Those entities who deal in futures brokerage are known..

READ MORE

FOREX INDIVIDUAL REVIEWS

★★★★★
Avatrade
Best Overall Broker
★★★★☆
Cedarfx
Best For Social Traders
★★★★☆
Forex.com
Best Broker For US Traders
★★★★☆
Interactive Brokers
Best Lowest Cost Overall
★★★★☆
FXCC
Best Commssion Free Trades For Non-US Traders
★★★★☆
IG Markets
Best For Execution Forex Broker
★★★☆☆
HYCM
Best For Forex Trading
★★★★☆
Global GT
Best For MT5 Traders
★★★★☆
IFC Market
Best For Small Volume Traders
★