TradeStation was also recognized as a 2020 Benzinga Fintech finalist in five other categories

PLANTATION, Fla.,- TradeStation Group, Inc. ("TradeStation") is thrilled to announce that its subsidiary, TradeStation Crypto, Inc., which provides a cryptocurrency brokerage platform, received the title of "Best New Product" at the 2020 Benzinga Global Fintech Awards. The award particularly acknowledges the platform's new crypto pastime capabilities, which presently enable account holders to earn up to 4% pastime on eligible crypto holdings, whether or not they are actively buying and selling or maintaining their account property for longer-term investment.

 

Launched in November 2019, TradeStation Crypto is one of the first crypto choices that makes use of the actual on-line brokerage mannequin self-directed merchants have come to count on for different asset classes, along with equities, options, and futures. Over the previous year, TradeStation Crypto has persisted to innovate and roll out state-of-the-art new equipment designed to meet the wants and funding goals of contemporary traders, which include hobby incomes skills and different new aspects such as crypto deposits and withdrawals, the capability to tune income and loss (P&L), and cell buying and selling via the TradeStation® cell app.

"Cryptocurrency buying and selling continues to take the highlight and is displaying no symptoms of slowing down," stated John Bartleman, President of TradeStation. "In this ultra-low pastime price environment, which appears like it can also final for the foreseeable future, it has end up extra difficult for traders to earn significant  activity on their cash, which has incentivized some buyers to discover higher returns in crypto accounts. As greater merchants and buyers are looking for get right of entry to to this developing asset class, we are honored that Benzinga has identified TradeStation Crypto as the premier platform to enable merchants to purchase and promote cryptocurrency and earn activity on their holdings."

In addition to the TradeStation Crypto platform prevailing "Best New Product," TradeStation Securities, a licensed dealer supplier and futures fee merchant, and TradeStation Group's predominant running subsidiary, used to be diagnosed as a 2020 Benzinga Fintech finalist in the following categories:

Best Data Analysis Tool
Best Trading Technology
Best Brokerage for Trading Futures
Best Brokerage for Options Trading
Best Alternative Investments Platform
The annual Benzinga Global Fintech Awards honor the organizations and persons who are constructing the future of economic offerings with the most staggering science developments and innovations. The 2020 award winners have been introduced at some stage in a digital awards ceremony on November 10, 2020.