NexusFi: Find Your Edge


Home Menu

 





Trading Multiple Accounts - TradeStation


Discussion in TradeStation

Updated
      Top Posters
    1. looks_one vmodus with 6 posts (1 thanks)
    2. looks_two SMCJB with 4 posts (5 thanks)
    3. looks_3 kevinkdog with 2 posts (3 thanks)
    4. looks_4 ahrink with 1 posts (1 thanks)
      Best Posters
    1. looks_one kevinkdog with 1.5 thanks per post
    2. looks_two SMCJB with 1.3 thanks per post
    3. looks_3 planetkill with 1 thanks per post
    4. looks_4 vmodus with 0.2 thanks per post
    1. trending_up 15,101 views
    2. thumb_up 11 thanks given
    3. group 5 followers
    1. forum 13 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
Systematic Algo Trader
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
Posts: 1,270 since Feb 2017
Thanks Given: 2,960
Thanks Received: 2,856

We are using TradeStation 10 and have several accounts with TradeStation Securities in the US. Does anyone know of a way we can trade multiple accounts on one platform?

I know we can with sub accounts (we have a professional account with one sub account), but we have both professional and personal accounts we are trading. I would like to keep just one PC (or virtual machine, to be precise), running all of our automated strategies.

Or alternatively, can we have multiple instances of TradeStation running on a single PC?

Any help or guidance is appreciated.


~vmodus

Enjoy everything!
Follow me on X Visit my NexusFi Trade Journal Started this thread Reply With Quote

 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
21 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Hello Im new here
5 thanks
  #2 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523

I believe @kevinkdog has traded multiple accounts in one Tradestation instance.


Reply With Quote
Thanked by:
  #3 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,737 since Jul 2012
Thanks Given: 1,917
Thanks Received: 7,470



SMCJB View Post
I believe @kevinkdog has traded multiple accounts in one Tradestation instance.

I have traded as many as 5 accounts in one instance of Tradestation at one time. But @vmodus's case might be different, because of professional accounts and personal accounts.

You might need another instance of TS running, which then involves more data fees, etc.

Try to automate a strategy, and in the account number box, see which accounts you can access. That will tell you how they have it set up.

I will also add that margin requirements are on an account level, not an overall issue. So if you are short ES in one account, and long ES in another, then you'll need margin for each (when in reality you are flat!).


Follow me on X Reply With Quote
Thanked by:
  #4 (permalink)
 ahrink 
Park Ridge IL
 
Experience: Intermediate
Platform: NT,MC,Andromeda,R Trader
Broker: Optimus, CQG, AMP
Trading: NQ,CL,FX
Posts: 28 since Aug 2018

A possibility [not sure] is to get a server and remotely connect to operate all accounts from a single machine – try asking here see link bellow (im not affiliated w/them)
https://www.steadfast.net/chicago-managed-trading-servers

also this VM may be the answer
https://www.vmware.com/products/workstation-pro.html


Follow me on X Reply With Quote
  #5 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
Systematic Algo Trader
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
Posts: 1,270 since Feb 2017
Thanks Given: 2,960
Thanks Received: 2,856


kevinkdog View Post
I have traded as many as 5 accounts in one instance of Tradestation at one time. But @vmodus's case might be different, because of professional accounts and personal accounts.

You might need another instance of TS running, which then involves more data fees, etc.

Try to automate a strategy, and in the account number box, see which accounts you can access. That will tell you how they have it set up.

I will also add that margin requirements are on an account level, not an overall issue. So if you are short ES in one account, and long ES in another, then you'll need margin for each (when in reality you are flat!).

Thanks! We do that with our main and sub account now.

I have a related question: Are you paying data fees only once, or for each account? We are having to pay for our main account and then our sub account. I am wondering if there is a way to just pay the fees once.


~vmodus

Enjoy everything!
Follow me on X Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #6 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
Systematic Algo Trader
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
Posts: 1,270 since Feb 2017
Thanks Given: 2,960
Thanks Received: 2,856


ahrink View Post
A possibility [not sure] is to get a server and remotely connect to operate all accounts from a single machine – try asking here see link bellow (im not affiliated w/them)
https://www.steadfast.net/chicago-managed-trading-servers

also this VM may be the answer
https://www.vmware.com/products/workstation-pro.html

Thanks. We just deployed a VM a couple weeks ago and are running our strategies live on that, to mitigate power and internet outages we may have in our office. It is working well.


~vmodus

Enjoy everything!
Follow me on X Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #7 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523


vmodus View Post
I have a related question: Are you paying data fees only once, or for each account? We are having to pay for our main account and then our sub account. I am wondering if there is a way to just pay the fees once.

I believe the 'legal definition' is 'per user, per device'. Not being the lawyer I would think that one user, multiple accounts, and on one device counts as one user on one device. Hence one data fee


Reply With Quote
Thanked by:
  #8 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,737 since Jul 2012
Thanks Given: 1,917
Thanks Received: 7,470


vmodus View Post
Thanks! We do that with our main and sub account now.

I have a related question: Are you paying data fees only once, or for each account? We are having to pay for our main account and then our sub account. I am wondering if there is a way to just pay the fees once.

How many platform logins do you have? I thought you need data for each platform you use, not for each account or a master/sub.

I'll only ever paid for one data fee. My 2nd login is for development, so I run delayed data on that.


Follow me on X Reply With Quote
Thanked by:
  #9 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
Systematic Algo Trader
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
Posts: 1,270 since Feb 2017
Thanks Given: 2,960
Thanks Received: 2,856


SMCJB View Post
I believe the 'legal definition' is 'per user, per device'. Not being the lawyer I would think that one user, multiple accounts, and on one device counts as one user on one device. Hence one data fee

Thanks. I know this applies to the platform, but I don't know if it applies to data. In other words, is there a 1:1 relationship platform:data feed.

I think @kevinkdog 's response is the answer. We are just trying to work out our topography here without paying a ton of $$ in data fees. Diversification can get expensive


~vmodus

Enjoy everything!
Follow me on X Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #10 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
Systematic Algo Trader
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
Posts: 1,270 since Feb 2017
Thanks Given: 2,960
Thanks Received: 2,856



kevinkdog View Post
How many platform logins do you have? I thought you need data for each platform you use, not for each account or a master/sub.

I'll only ever paid for one data fee. My 2nd login is for development, so I run delayed data on that.

We have two logins. I think we have worked it out.

Live trading:
We will trade both main and sub account from the VM, with the data we need, on the main TradeStation login .

Development/Testing:
We will use the second login (and probably a third, since there are two of us here), with delayed data, for development, test, optimization, et al.

Thanks @SMCJB and @kevinkdog for helping us puzzle this out. This will save a buttload in data fees.


~vmodus

Enjoy everything!
Follow me on X Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on July 25, 2020


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts