Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 5,000 data points, let's compare Chase You Invest Trade vs TradeStation Securities.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. TradeStation Securities charges $5.00 per stock trade which is $2.05 more than Chase You Invest Trade which charges customers $2.95 per trade. For options trading, TradeStation Securities has a base fee of $5, and Chase You Invest Trade a base fee of $N/A. Option contracts are pricier at Chase You Invest Trade, costing $N/A versus $0.50 at TradeStation Securities. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. Chase You Invest Trade supports Stock Trading and Mutual Funds while TradeStation Securities supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, Chase You Invest Trade trails TradeStation Securities by 2,251 total mutual funds, with TradeStation Securities offering 4951 and Chase You Invest Trade offering 2700. Commission free ETFs can also be valuable for customers, which in this case means trading a possible N/A commission free ETFs at both brokers.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. TradeStation Securities has virtual trading, Chase You Invest Trade doesn't. Taking a look at mobile trading, Chase You Invest Trade offer clients access to an iPhone App and Android App while TradeStation Securities has an 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, Credit Cards and Mortgage Loans are offered by Chase You Invest Trade while TradeStation Securities offers none of these. On the whole, when it comes to tools, research, and mobile trading, TradeStation Securities was rated Best in Class - Platforms & Tools, while Chase You Invest Trade was rated none of these.
Overall, TradeStation Securities takes the upper hand with 4.00 stars over Chase You Invest Trade's 3.00 stars.