FAST FACTS
Minimum Account Deposit: $0
Trading Instruments: Stocks, Options, Crypto, Forex, Bonds, ETFs, and many more
Fees: No commissions for stock trading
Why We Choose Trassat
Trassat has consistently transformed and innovated its trading policies and practices to meet the demands of different types of traders and investors. It is now a full-service brokerage with unique online investment opportunities for beginners, passive investors, and active traders. Here are the top benefits of trading on Trassat.
A broader selection of investment products
Traders and investors on Trassat have access to a robust selection of assets and other investment products. The broker’s portfolio integrates a wide range of conventional assets, new asset classes, and other alternative investments with fixed returns.
Multiple trading platforms
Trassat ‘s streamlined approach to online investing is mainly evident in its multiple trading platforms. The broker supports desktop, web, and mobile versions, with almost similar tools and amenities for all types of traders.
Excellent trade execution
Trassat leverages a smart order routing software that enables you to execute trades promptly and at the best market prices.
Competitive fees and spreads
Trassat has eliminated several standard trading fees, including account minimums and checking fees. It allows zero commissions for stock trading, and the margin interest rates are below the industry average.
Overview
Trassat has been in the industry for quite some time, which is why it has increasingly attracted clients worldwide. Besides, the streamlined approach to online investing gives Trassat an edge over most brokerage platforms with restrictive trading practices. Nonetheless, the broker also falls short in a few areas you may want to find out before investing with them.
Pros
- A vast selection of investment products
- Multiple trading platforms for all traders
- Excellent trade execution
- Competitive fees and margin interest rates
- Reliable customer support
Cons
- Limited educational resources
- Trassat is not available in some regions
Trading Platforms
Trassat supports desktop, web, and mobile versions. The multiple trading platforms ensure greater flexibility since you can always select the program best suits your skills and preferences. Although the trading platforms feature similar tools and functions, the Trassat desktop version is more robust than the web and mobile platforms.
All three Trassat trading platforms offer various fundamental and technical tools to enable you to choose, execute and monitor trades seamlessly. The standard tools and resources include charts, portfolio analysis, trading idea generators, asset screeners, calculators, mutual fund evaluators, live data stream, multi-leg options, research, and news.
Trassat also integrates smart order routing software across all its trading platforms. The technology constantly tracks asset price movements across various market centers and automatically executes your orders at the best market prices. Besides, you can also automate trades and access advanced order types on Trassat ‘s desktop version.
Investment Products
Trassat is an excellent platform for traders and investors who demand access to various domestic and international assets. The broker boasts a broader selection of investment products for retail traders and institutional investors. Here is a list of Trassat ‘s product offerings.
- Stocks
- Options
- Crypto
- Forex
- Mutual Funds
- Bonds
- ETFs
- Commodities
Trassat ‘s broader selection of investment products allows every trader and investor to pursue their desired investment goals with fewer risks. Besides, they consistently update the list based on customer demands.
Fees and Margin Interest Rates
Here is a breakdown of the trading costs on Trassat
- No account minimums
- Commissions-free stock trading
- $1 per contract fee for Options
- Zero domestic wire transfer and checking fees
- No fees for account transfer or inactivity
Traders and investors with high-net-worth accounts on Trassat can negotiate lower fees and spreads based on their account sizes. Overall, Trassat ‘s fees and margin interest rates are way below the industry averages.
Customer Support
Trassat provides highly reliable customer support via phone, email, and live chat. Their customer assistants are friendly and well-trained to offer proper guidance, with relatively shorter response times. They can help you navigate Trassat ‘s platforms and answer questions about their services and other online investment topics.
Final Verdict
Trassat is an integrated brokerage that emphasizes robust investment offerings, multiple trading platforms, and lower costs. The broker’s streamlined approach to online investing makes it an excellent choice for beginners, casual investors, and active traders.