Comparing brokers side by side is no easy task. For our 2017 Broker Review
, we factored in 308 different variables to assess 16 different brokers. So when taking a look at Just2Trade 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, with its regular stock trades costing $5.00, is more expensive than Just2Trade's rate of $2.50 per trade. With options, the base fees charged are $5.00 (TradeStation Securities) and $2.50 (Just2Trade). Contracts cost $0.50 each at both brokerages. 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 online broker review
page, then scroll to the "Commissions Notes" section).
Next to commission rates, being able to trade the instrument you want is important. Just2Trade and TradeStation Securities provide clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, TradeStation Securities boasts an offering of 4854 compared to Just2Trade's 3000 available funds. Commission free ETFs also should not be forgotten, which is a wash in this comparison as both Just2Trade and TradeStation Securities offer 0 funds.
Lastly, taking a look at popular features and functionality, we can go a bit deeper to really break down the difference of both brokers. Both Just2Trade and TradeStation Securities have virtual trading. Taking a look at mobile trading, Just2Trade gives 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. Unfortunately Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at Just2Trade or TradeStation Securities . On the whole, when it comes to tools, research, and trading on the go, TradeStation Securities was rated for Best in Class - Platforms & Tools in 2014, while Just2Trade was rated for none of these.
Overall, TradeStation Securities takes the upper hand with 3.50 stars over Just2Trade's 2.50 stars.