Published by Brandon Reinkensmeyer
Monday, February 20th, 2017
StockBrokers.com 2016 review compares Scottrade vs TradeStation. Compare Scottrade and TradeStation trade commissions, fees and overall broker ratings by using the chart above. Is Scottrade or TradeStation a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.
There is a $2.99 difference in the per trade stock price for TradeStation Securities and Scottrade. Scottrade's per trade stock price of $7.00 is a little less than TradeStation Securities's per trade stock price of $9.99. TradeStation Securities ($14.95) has minimal mutual fund trade commission savings when compared to Scottrade ($17.00). The small amount of commission variance would only be pertinent for high volume trading which is very uncommon with mutual funds specifically.
The Scottrade's "Overall" rating of 4 stars is a slight advantage over TradeStation Securities's "Overall" rating of 3 stars.
Both Scottrade and TradeStation Securities have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Scottrade and TradeStation Securities to download on iTunes.
All pricing data was obtained from a published web site as of 2/20/2017 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.