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Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options. Before trading any asset class, customers must read the relevant risk disclosure statements on our Agreements and Disclosures page. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.

Securities and futures trading is offered to customers by TradeStation Securities, Inc. (“TradeStation Securities”), a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a futures commission merchant registered with the U.S. Commodity Futures Trading Commission (CFTC). TradeStation Securities is a member of the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the following exchanges: Cboe BYX Exchange, Inc., Cboe BZX Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., the Investors Exchange LLC (IEX), NYSE American LLC, NYSE Arca Equities, Nasdaq BX, Inc., the Nasdaq Stock Market, the New York Stock Exchange (NYSE), ICE Futures U.S., and the CME Group, which includes the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange, Inc. (CME), the Commodity Exchange, Inc. (COMEX), and the New York Mercantile Exchange, Inc. (NYMEX). TradeStation Securities is a Trading Privilege Holder (TPH) of Cboe Futures Exchange, LLC (CFE). TradeStation Securities has a “Carrying Broker” agreement with Wedbush Securities Inc., a Domestic and Foreign Carrying Broker, to clear transactions with exchanges at which TradeStation Securities is not a member, including Cboe Futures Exchange, LLC (CFE), Eurex and ICE Futures Europe.

TradeStation Securities is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). TradeStation Securities’ SIPC coverage is available only for securities and for cash held in connection with the purchase or sale of securities, in equities and equities options accounts. Explanatory brochure available upon request or at www.sipc.org.

TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.

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