Exciting news traders! We are thrilled to announce that an Option Alpha Pro+ membership is now FREE to all traders when connecting to a qualified* TradeStation account.
We are proud to partner with TradeStation to offer this incredible promotion, and together our goal is to bring automated trading to even more options traders than ever before.
“Did you say free??”
That’s right! All you need to do to activate your free Option Alpha Pro+ account is:
- Open and/or fund your TradeStation account(s) with at least $10,000
- Maintain a minimum $10,000 account balance each month
- Keep an active connection between Option Alpha and TradeStation for a rolling 30-day period
This applies to new and existing TradeStation accounts. Plus, the $10,000 minimum balance includes all funded accounts combined under your TradeStation credentials. So if you have $5,000 in one account and $6,000 in another account, you’d still qualify.
Your free Pro+ account includes 50 bots, with a $100k starting capital limit per bot and up to 500 backtests per month. Plus, you still get commission-free** trading when sending trades to TradeStation through Option Alpha.
By participating in this sponsored promotion, the expectation is that 50%+ of your live trading activity is through your connected account.
How to get your free Option Alpha Pro+ account
There are only two simple steps to get your free Pro+ account:
- Log in to your Option Alpha account. Don’t have one yet? Create your free account here.
- Connect and authorize access to your TradeStation account(s). Don’t have a TradeStation account yet? Open a new account here.
Once your qualified TradeStation account(s) is authorized and connected to Option Alpha, you’ll be automatically upgraded to Pro+ and can start trading live. You’ll have everything you need to test new strategies, run multiple bots, find new trading ideas, and unlock all the automated options trading tools at Option Alpha.
*A "Qualifying" or "Qualified" account has a minimum balance of $10,000 in cash or positions. To maintain your account, you must stay above the minimum balance requirement on a rolling 30-day period and maintain a minimum level of activity in your Option Alpha account on a 60-day rolling period.
**$0.00 equity commission up to 10,000 shares per trade. $0.00 per trade & $0.00 per contract up to 50 contracts per trade. $0.50 per contract for individual traders over 50 contracts. Exchange fees are not included. Service fees, premium service fees and other fees and charges may apply. For additional information, please visit TradeStation’s service fees section and exchange execution and clearing fees section. There are additional costs associated with certain option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared with a single option trade. For additional information, please review the stocks & ETFs pricing disclosures and options pricing disclosures. If you have more questions, view TradeStation’s pricing page for details about options margin requirements and more.
How do I get a free Pro+ account with Option Alpha?Â
All you need to do is authorize a qualified* TradeStation account with Option Alpha, maintain an active integration, and maintain a minimum level of activity in Option Alpha as outlined above. TradeStation Brokerage will then cover the cost of an Option Alpha Pro+ plan on your behalf. There is no need to pay in advance or submit anything for reimbursement; it’s all handled for you automatically (as any true automated trading platform should).
Do I automatically get upgraded to Pro+ when my account qualifies?
Yes, we will check your TradeStation balance daily. If your account meets the requirements outlined above, your Option Alpha account will automatically be upgraded to the Pro+ level for free.
That's it - clear and simple. Once your account is funded and connected to Option Alpha, you're good to go!
Are there any additional costs?
Currently, there are no additional costs at Option Alpha for traders who qualify for the TradeStation promotion. Any future upgrade or advanced functionality beyond what is now available at the Pro+ level may cost an additional fee.
How long is this promotion available for?
This promotion is valid until at least July 31st, 2024 with TradeStation. You will enjoy a free Pro+ account if you maintain a qualified* Brokerage account and have an active integration with Option Alpha.
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