A soldering station with indicator lights to display system status is provided. The soldering station comprising a power supply and a control board coupled to the power supply. The control board is operable to adjust output of the power supply. The soldering station further comprises a card reader coupled to the control board. The card reader receives a control card from a user. The control card allows the user to change the settings of the soldering station. The soldering station also includes a plurality of indicator lights. The plurality if indicator lights illuminate in patterns that are indicative of the status of the soldering station.