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E*TRADE vs TradeStation

E*TRADE is an online broker with one of the best user interfaces. How does it compare to TradeStation? Read our comparison chart below.

 TradeStation
 Learn MoreVisit Site
 

E*TRADE

TradeStation

SPECIAL OFFER
Learn more about E*TRADE - Learn More

Read E*TRADE Review

SPECIAL OFFER
50% Off Futures Brokerage Fees for New Customers with Code FUTRAFZT - Learn More

 

Benefits and Features

Stock Trading
$0 per trade
$0 commission
Options Trading
  • $0 per trade + $0.65 per contract
  • $0 per trade + $0.50 per contract if you make 30+ trades a quarter
$0 Commission + $0.60 per contract
Annual Fee 
None
Cryptocurrency Trading No
(all trading and withdrawals in TradeStation Crypto accounts are permanently suspended effective 02/22/2024 5PM ET)
Minimum Deposit$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
$0
Mutual Fund Trading$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
$14.95 per transaction
Commission Free ETFs
250+
more than 2,000 ETFs
Phone Support 800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
Monday - Friday, 8AM - 5PM ET
Live Chat Support Yes (Monday - Friday, 8AM - 5PM ET)
Email Support 
Yes (Sales@TradeStation.com)
Human Advisors 
Yes
Robo Advisor 
No
Penny Stocks
Check
Yes
Tax Loss Harvesting 
No
Goal Tracker 
No
Automatic Deposits 
No
Broker Assisted Trades
$25 + Regular Commission
$25
Good For 
Day Traders
Inactivity Fee
$0
$10/month
Maintenance Fee
$0
$0
Online Platform 
Yes
iPhone App 
Yes (4.5 stars, 17.3K ratings)
Android App 
Yes (4.4 stars, 5.98K ratings)
BankingChecking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
No
Mobile App
Check
Yes
Desktop AppE*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Yes
Two-Factor Authentication Auth0 Guardian app, SMS, or Google Authenticator app
Forex Trading Yes (not available in TradeStation US)
Futures Trading$1.50 per contract, per side + fees (excluding bitcoin futures)
Yes
Bond Trading 
Yes
CFD Trading Yes (CFD trading is not permitted in the US.)
Currency Trading Yes (not available in TradeStation US)
Customer Service
800-387-2331
Monday – Friday, 8:00 a.m. – 5:00 p.m. ET
  • Live Chat
  • Phone Support: 800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
  • Email: Sales@TradeStation.com
Locations 
Online only
Online Community 
Yes
Seminars 
Yes
Trading Platform Desktop, Web Trading, Mobile Apps, FuturesPlus, TS Crypto
Virtual Trading
Yes
Yes
Fractional Shares 
No
Taxable Accounts 
Yes
401k Plans 
No
IRA Accounts 
Yes
Roth IRA Accounts 
Yes
SEP IRA Accounts 
Yes
Trust Accounts 
Yes
529 Plans 
No
 

CreditDonkey® Reviews

 TradeStation
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty Star
Trading PlatformStarStarStarStarStar
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Bottom LineOnline broker with one of the best user interfaces... Read full review
 Learn MoreVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

E*TRADE: Pricing information from published website as of 01/04/2024.

TradeStation

Invest and Earn Up to $3,500

Enroll your new or existing TradeStation account in this offer by using promo code TSTVAGFD on your new account application, requesting to enroll via telephone or with a TradeStation Representative, or completing the enrollment form. Within 45 days of account enrollment, fund your account with at least $5,000. Maintain at least $5,000 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.

New AssetsCash Bonus
$5,000 - $24,999$150
$25,000 – $99,999$300
$100,000 – $249,999$500
$250,000 – $499,999$1,000
$500,000 – $999,999$2,000
$1,000,000 or more$3,500

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing E*TRADE or Robinhood.


Articles on E*TRADE

ETrade Review for Beginners

E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.

Which Do You Think is Best?





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