Options
Actual Traders Opinion
If you look at the reviews online or here, it looks as though Tradier is some sort of offshore brokerage or scam. This is not the case at all, let me explain.
Tradier is an API first brokerage (meaning you develop your own financial software and let them fulfill orders for you) for semi professional clients with large accounts. It also offers a desktop platform and a web platform, plus this app.
First of all, the “bad platforms”.
The desktop platform is mediocre and all you need for volatility statistics as retail, the web experience is phenomenal if you simply need a PC browser window for quick trades. The pretty UI platforms need to be either self developed with API key access, or use a partner platform on their Hub. The mobile app is not designed to be what you trade on, just a pocket system to close trades and manage funds on the go, there are partnership platforms that offer a pretty UI mobile experience for your account.
Next, the “hidden fees”.
There are no hidden fees, everything is upfront. You pay commission to use their fulfillment services free, reduce it with their 10$ a month plan, and have better deals for the 35$ a month plan. The fulfillment fee from Apex Clearinghouse and Taxes are your responsibility as with any other service. But why charge people money for low/no commissions when mainstream platforms do it free?
Because the people looking to purchase these plans are native to the SPX and XSP index world, not equity focused. Tradier offers a 10 cent index option commission for its 35$ mo plan, which is the best you will find outside a professional desk, even including the tax and transaction burden.
So, if you want to trade etf and stock options with a clean mobile experience, do it on robinhood or webull. But if you are native to index options and need the lowest commissions possible per contract (Tastytrade offers competitive large order commissions as well) this is a great platform.
Unfortunately this comment will likely be hidden underneath the noise of 1 star reviews for people who don’t even know what service this company provides.
Response from developer
Hi Anon9545, Thanks for your detailed review. We appreciate it. You hit the nail on the head. Tradier is built for traders. We continue to enhance our offering to support traders like yourself. If you have any additional feedback please feel free to let us know. Thanks for being a Tradier client.
Terrible
Response from developer
Hi TBHHTB, Sorry to hear about your experience. If you'd like to share any feedback you have regarding our app or service in general please send it to service@tradierbrokerage.com. We are always looking for ways to improve our offering to meet the needs of active traders.
Great option for the public to leverage tech that’s long only been accessible to the most privileged
Response from developer
Hi! Thanks for the review. We appreciate you taking the time to leave it. If there's any functionality or features you'd like to see added please let us know. We have some exciting enhancements coming shortly and are looking forward to getting those released.
Great Broker
Response from developer
Thanks for your review. If you ever have feedback on the app or improvements you'd like to see please let us know.
