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 Just2Trade 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, 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). Option contracts cost $0.50 each at both brokerages. 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. 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 4951 mutual funds compared to Just2Trade's 3000 available funds. Commission free ETFs can also be valuable for customers, which in this case means trading a possible 0 commission free ETFs at both brokers.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Both Just2Trade and TradeStation Securities offer virtual trading. Taking a look at mobile trading, Just2Trade offers the iPhone App and Android App while TradeStation Securities offers the 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. Neither Just2Trade nor TradeStation Securities offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. On the whole, when it comes to tools, research, and mobile trading, TradeStation Securities finished with awards Best in Class - Platforms & Tools, while Just2Trade came up with none of these.
Overall, TradeStation Securities takes the upper hand with 4.00 stars over Just2Trade's 2.50 stars.