TradeStation vs Interactive Brokers
TradeStation is a cost-effective crypto brokerage with advanced analytical and trading tools for experts. How does it compare to Interactive Brokers? Read our comparison chart below.
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TradeStation | Interactive Brokers | |
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50% Off Futures Brokerage Fees for New Customers with Code FUTRAFZT - | ||
Benefits and Features | ||
Stock Trading | Fixed pricing: $0.0005 - $0.0035 per share (min $0.35 per order, max 1.0% of trade value). Tiered pricing: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value) | |
Options Trading | $.15-$.70 per contract ($1 minimum per order) | |
Minimum Deposit | $10,000 for individual accounts; $5,000 for IRAs; $3,000 for clients 25 and under | |
Mutual Fund Trading | $0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less, for transaction-fee funds | |
Commission Free ETFs | ||
Broker Assisted Trades | ||
Customer Service | United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries) | |
Inactivity Fee | $10/month for accounts under $100,000; $20/month for accounts under $2,000; $3/month for clients 25 and younger | |
Maintenance Fee | Waived if account value is at least $100,000 OR if monthly commission requirements are met. If not met, the activity fee is the difference. For accounts less than $100,000: the commission requirement is $10/month. For accounts less than $2,000: the commission requirement is $20/month. For clients 25 and younger: the commission requirement is $3/month. | |
Banking | ||
Mobile App | ||
Desktop App | ||
Forex Trading | Available for qualified customers | |
Futures Trading | ||
Locations | ||
Online Community | ||
Seminars | ||
Virtual Trading | ||
CreditDonkey® Reviews | ||
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Cryptocurrency Trading | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Research | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Safety | ![]() ![]() ![]() ![]() ![]() | |
Stock Trading | ![]() ![]() ![]() ![]() ![]() | |
Options Trading | ![]() ![]() ![]() ![]() ![]() | |
Mutual Fund Trading | ![]() ![]() ![]() ![]() ![]() | |
Online Platform | ![]() ![]() ![]() ![]() ![]() | |
Banking | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Cost-effective crypto brokerage with advanced analytical and trading tools for experts... | Good discount broker for experienced, high volume traders... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Interactive Brokers: Pricing information from published websites as of 09/15/2019. |
Which is Better: TradeStation or Interactive Brokers?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing TradeStation or eToro.
In short: TradeStation's commissions and fees and research are notable. In particular, the research is excellent. Interactive Brokers' mobile app is outstanding.