Tradier is an end-to-end, FINRA-registered trading platform that has been around since 2012. Its services have advanced considerably since the company’s inception. The platform uses APIs to offer investor services from multiple platforms, ranging from stocks to bonds and options. Tradier lets you customize platforms online and via mobile at a reasonable price for different investing purposes. If you’re looking for additional investing advice, a financial advisor can walk you through building a portfolio.
Tradier Overview
Consider the following overview to help you get a snapshot of what Tradier has to offer.
Tradier Overview
Pros | – Wide range of available platforms – Largely customizable based on your trading needs |
Cons | – Abundance of options makes for a potentially confusing interface – Must call in to place certain trades |
Best For | – Active options traders – Experienced investors who know what they want |
Tradier: Brokerage Fees
Tradier offers competitive pricing compared to industry standards, making it an attractive choice for both casual and active traders:
- Standard Account: Ideal for less active traders, this plan charges $0 per order and $0.35 per contract for options trading. It also includes access to Tradier’s web platform and mobile app at no additional cost.
- Pro Package: Designed for frequent traders, this plan costs $10 per month and provides commission-free equity and options trades. Users can access both the web platform and mobile app. However, Single Listed Index Options are subject to a $0.35 per contract fee, and additional exchange, Options Clearing Corporation and regulatory fees may apply.
- TradeHawk Platform: Tradier’s proprietary trading platform follows a similar pricing structure. The mobile version costs $10 per month with no contract fees. The Pro version, which includes both desktop and mobile access, charges $0.35 per contract but has no ticket charges or minimums.
These flexible pricing options make Tradier an appealing choice for traders with varying levels of activity and trading preferences.
The table below is a full overview of Tradier’s fee schedule:
Tradier Fee Schedule
Fee Type | Rates |
Money Transfers | – Automated Customer Account Transfer (ACAT): $75 – Wires: $30 – Returned check/ACH/Wire/Stop payment: $35 – Broker-assisted phone trades: $10 + regular commission per trade |
Reorganization | – Mandatory: $0 – Voluntary: $50 |
IRA Fees | – Annual: $30 (Waived with the active Pro Plan) – Termination: $60 |
Margin trading is also available at Tradier with a 9% interest rate. There are no minimums to open an account on this platform, though those with less than $2,000 and who make fewer than two trades per year, will be charged an inactivity fee of $50. Broker-assisted orders cost $10 per transaction, plus commission.
Tradier: Services and Features
Tradier differentiates itself from other brokerages by integrating APIs and third-party investment platforms into its offerings. Investors can access over 50 third-party platforms, including Orion Multi-Trader, Esignal, 1Option, Stockstotrade and Eva, allowing them to trade across multiple platforms simultaneously. Some of these platforms also enable Tradier customers to trade futures and forex, expanding their investment options.
Users have access to a wide range of stock exchanges and options markets, though certain trades, like mutual funds, must be executed over the phone. For those seeking a customized trading experience, Tradier offers the Sandbox feature, which allows investors to build their own trading platforms and create indicators tailored to their strategies and goals.
Tradier’s proprietary trading platform, TradeHawk, provides a direct connection to the brokerage, eliminating the need for API integration. Additionally, Tradier partners with a network of educators, offering investors opportunities to enhance their financial and investing knowledge. Practice tools with virtual capital are also available for users who want to refine their trading skills.
For technical support, investors can contact customer service directly through the brokerage platform, where live specialists can troubleshoot issues by accessing investor screens. Support is also available via email or phone from 8 a.m. to 5 p.m. EST daily.
Tradier: Online and Mobile Experience
Tradier’s online experience is relatively straightforward. However, some junior investors might be overwhelmed by the options available. When you use Tradier, you’ll have access to a wide range of features, including every API that the platform partners with, as well as Tradehawk. You can trade most securities at the touch of a button, but you’ll need to call in to trade mutual funds and some other securities.
While features that include APIs and other trading platforms aren’t available as a mobile app, there is a Tradehawk mobile app that allows you to use Tradier’s proprietary trading software on your smartphone. You’ll need to pay to use the mobile app, but it’s certainly a benefit to trade on the go.
The app is available via the Android and Apple marketplaces. As of February 2025, the Android app averages 3.1 stars out of 5, and the Apple app averages 4.4 stars out of 5. Overall, however, the app interface is easily navigated and gives users access to the same features that are available on desktops.
What’s the Catch?
Tradier incorporates a lot of useful features. This can be useful to investors, but it also has a tendency to become overbearing. As a result, the platform may become confusing to work with at times. This is why Tradier may not be the best option for investors who are new to trading.
Another potential drawback for some users of the Tradier platform is that you can’t trade certain securities on your own. You’ll need to phone in those trades, and you currently can’t buy futures at all unless you use one of the third-party platforms that Tradier links to. Tradier’s educational resources are also relatively limited, so you may want to supplement them with research from other trusted sources.
How Tradier Compares to Other Companies
Tradier offers a very competitive product when compared with other brokerages, especially given the customizable nature of the trading platform. While others like Robinhood may be simpler or easier to figure out, Tradier generally provides more options for a cheaper price than its direct competitors.
Brokerage Comparison
Brokerage Firm | Fees | Minimum | Best For |
Tradier | $0 to 10/month | $0 | – Those looking for a multifaceted investment platform – Self-sufficient investors |
E-Trade | $0 for stocks, ETFs and options | $0 | – Frequent traders – Anyone who prefers strong customer service |
Merrill Edge | $0 for stocks, ETFs and options | $0 | – Advanced investors – Bank of America account holders |
Bottom Line
Fortunately for its investors, there isn’t much ground that Tradier doesn’t cover. You can use its proprietary trading platform Tradehawk and work within the Tradier platform exclusively, or you can take advantage of the multiple APIs that the platform can incorporate. This allows you to trade using outside platforms and even create your own trading platforms to prioritize specific goals. For a reasonable price, Tradier is a solid brokerage account option for anyone looking to trade on their desktop or on their mobile phones.
Investing Tips
- If you have questions about investing, a financial advisor can help you create a portfolio to help you reach your goals. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- SmartAsset offers a range of free online investing resources to help you strategize your investments. Our free asset allocation calculator will help you tailor your allocations to align with your risk tolerance.
Photo credit: Brokerage.Tradier.com, PR Newswire, Options Cafe