TradeStation for FX?

TradeStation seems to win every award in S&C, except for Forex. They are also Barron's favorite online broker. How does the TradeStation platform rank for FX trading? Are they expected to Improve in this area? They use Gain for their FX brokerage: any red flags there?

While we're on the subject, how do the TradeStation + Gain transaction prices compare?

Thanks
-Tim

Tim,

I use TS for Forex and am not overly impressed at this stage. The Gain platform is rudimentary at best. It seems to me that TS jumped into Forex before they were really ready. The reason that I stay is because I love the TS platform itself and use it for Futuers as well as stocks. They are supposed to be upgrading the Forex capabilities this quarter to include auto trading and the ability to trade from the charts. Right now the gain platform has to be open in the background and trades have to be placed from there.

My opinion is that if you are only going to trade FX there are better platforms. TS would not be my first choice. However, if your like me and trade several markets it's nice to have everything in one place. Provided TS makes the improvements they have been promising to make.

I demoed TS for a while and was disappointed that they don't allow autotrading for FX....something they WON'T tell you unless you specifically ask. There's also a lot of other features they claim to have (and do, for stocks) but not for fx. You can totally tell FX is not a priority for them.

In this time autotrading is OK.