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TradeStation vs TD Ameritrade


 TradeStation
 Visit SiteLearn More
 

TradeStation

TD Ameritrade

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

OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read TD Ameritrade Review

 

Benefits and Features

Stock Trading
$0 commission
$0 commission for online stock, ETF, and option trades
Options Trading$0 Commission + $0.60 per contract
$0.65 per contract
Annual Fee
None
 
Cryptocurrency TradingNo
(all trading and withdrawals in TradeStation Crypto accounts are permanently suspended effective 02/22/2024 5PM ET)
Yes
Minimum Deposit
$0
$0
Mutual Fund Trading
$14.95 per transaction
Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs
more than 2,000 ETFs
550+ Commission-Free ETFs
Phone Support800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
Monday - Friday, 8AM - 5PM ET
 
Live Chat SupportYes (Monday - Friday, 8AM - 5PM ET)
Yes
Email Support
Yes (Sales@TradeStation.com)
 
Human Advisors
Yes
 
Robo Advisor
No
 
Penny Stocks
Yes
Check
Tax Loss Harvesting
No
 
Goal Tracker
No
 
Automatic Deposits
No
 
Broker Assisted Trades
$25
$25
Good For
Day Traders
 
Inactivity Fee
$10/month
$0
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.5 stars, 17.3K ratings)
 
Android App
Yes (4.4 stars, 5.98K ratings)
 
Banking
No
Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App
Yes
Yes
Desktop App
Yes
Thinkorswim
Two-Factor AuthenticationAuth0 Guardian app, SMS, or Google Authenticator app 
Forex TradingYes (not available in TradeStation US)
Yes
Futures Trading
Yes
$2.25 per contract (plus exchange & regulatory fees)
Bond Trading
Yes
Yes
CFD TradingYes (CFD trading is not permitted in the US.)
No
Currency TradingYes (not available in TradeStation US)
Yes
Customer ServiceMonday – 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
(800) 669-3900 (Open 24/7)
Locations
Online only
More than 100 locations in 34 states
Online Community
Yes
 
Seminars
Yes
Online webcast
Trading PlatformDesktop, Web Trading, Mobile Apps, FuturesPlus, TS Crypto
thinkorswim
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 TradingStarStarStarHalf StarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarStar
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarStar
Trading PlatformStarStarStarStarStar
Pros & ConsPros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Bottom LineGood online broker for long-term investors... Read full review
 Visit SiteLearn More

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

TD Ameritrade: Pricing information from published website as of 09/05/2023.

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


Articles on TD Ameritrade

TDAmeritrade

TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.

TD Ameritrade Customer Service

TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.

Which Do You Think is Best?





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