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Fidelity Investments vs TradeStation Securities Review

Brandon Reinkensmeyer

Published by Brandon Reinkensmeyer


Friday, December 2nd, 2016

Comparing brokers side by side is no easy task. For our Annual Broker Review, we factored in 266 different variables to assess 17 different brokers. So when taking a look at Fidelity Investments vs TradeStation Securities, there is a huge database of information available to us.

To start this comparison, first we will take a look at the broker commission rates for placing regular stock and options trades. TradeStation Securities charges $9.99 per stock trade which is $2.04 more than Fidelity Investments which charges clients $7.95 per trade. For options trading, Fidelity Investments has a base fee of $7.95, and TradeStation Securities a base fee of $0.00. At a difference of $0.25 per contract, Fidelity Investments's per contract rate of $0.75 is less than TradeStation Securities which charges $1.00. Not all brokers charge a flat rate fee per trade though, so it is important to read the full commission notes to know the complete breakdown (go to any stock broker review page, then click the "Commissions & Fees" tab).

Next to commission rates, being able to trade the instrument you want is important. TradeStation Securities provides its clients with Stock Trading, Options Trading, Mutual Funds, Forex Trading and Futures Trading while Fidelity Investments gives clients access to Stock Trading, Options Trading and Mutual Funds. Looking at mutual funds, TradeStation Securities trails Fidelity Investments by 9,291.00 total funds, with Fidelity Investments offering 14391 and TradeStation Securities offering 5100. Commission free ETFs also should not be forgotten, with TradeStation Securities falling behind Fidelity Investments, offering 0 commission free etfs compared to Fidelity Investments's 76.

Lastly, taking a look at popular features and functionality, we can go a bit deeper to really break down the difference of both brokers. TradeStation Securities makes virtual trading available to clients, while Fidelity Investments does not. Taking a look at mobile trading, Fidelity Investments and TradeStation Securities both have a iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards and Credit Cards are offered by Fidelity Investments while TradeStation Securities offers none of these. On the whole, when it comes to tools, research, and trading on the go, TradeStation Securities finished with awards for Best in Class Platforms & Tools in 2016, while Fidelity Investments came up with Best in Class Platforms & Tools, Best in Class Research and Best in Class Mobile Trading.

Overall, Fidelity Investments boasts 4.50 stars versus TradeStation Securities's 3.00 stars.
There are no results to display, please adjust your filters or reset the Compare Tool.
Overall
Commissions & Fees
Offering of Investments
Platform & Tools
Research
Customer Service
Mobile Trading
Ease of Use
Education
Order Execution
Banking
Flat-fee Trade Plan*
Per-Share Trade Plan
Mutual Fund Trade Fee*
Options Trade Base
Options Per Contract
Options Exercise Fee
Options Assignment Fee
Broker Assisted Trades
Minimum Deposit
Stock Trading
Options Trading
Mutual Funds
FOREX Trading
Futures Trading
Desktop Based Platform
Web Based Platform
Virtual Trading
No Minimum Deposit
No Inactivity Fees
No-Fee IRAs
Commission Free ETFs
Mutual Funds (No Load)
Mutual Funds (Total)
# of Easy to Borrow Stocks
Retail Locations
iPhone App
iPad App
Android App
Android Tablet App
Mobile Site
Checking Accounts
Savings Accounts
Credit Card Accounts
Debit Card Accounts
Mortgage Loans
No Fee Banking
Under $25k
$25k - $49k
$50k - $99k
$100k - $249k
$250k - $499k
$500k - $999k
Above $1,000,000
Fidelity Investments
Exclusive Offer Get 300 commission-free trades and 2 years to use them - Learn More
Read the Fidelity Investments Review
 
 
 
 
 
 
 
 
 
 
 
 
 
$7.95
N/A
$49.95
$7.95
$0.75
$7.95
$7.95
$32.95
$2,500.00
 
Yes
Yes
Yes
No
No
 
Yes
Yes
Yes
No
Yes
Yes
 
91
4052
13204
3748
195
 
Yes
Yes
Yes
Yes
Yes
 
Yes
Yes
Yes
Yes
No
Yes
 
8.08%
7.58%
7.08%
6.58%
6.58%
3.75%
3.75%
TradeStation Securities
Advertisement
Special Offer Save 20% on commissions through December 2016. Learn More
Read the TradeStation Securities Review
 
 
 
 
 
 
 
 
 
 
 
 
 
$9.99
$0.01
$14.95
$0.00
$1.00
$14.95
$5.95
$20.00
$5,000.00
 
Yes
Yes
Yes
No
Yes
 
Yes
Yes
Yes
No
No
No
 
0
988
4854
2500
0
 
Yes
Yes
Yes
No
Yes
 
No
No
No
No
No
No
 
8.50%
8.25%
7.75%
7.75%
7.25%
7.25%
6.75%

All pricing data was obtained from a published web site as of 2/16/2016 and is believed to be accurate, but is not guaranteed. The StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

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