The StockBrokers.com 2017 Brokerage Review
compares OptionsHouse vs TradeStation Securities. Compare OptionsHouse and TradeStation Securities trade commissions, fees and overall broker ratings by using the table below. Is OptionsHouse or TradeStation Securities a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. TradeStation Securities, with its regular stock trades costing $5.00, is more expensive than OptionsHouse's rate of $4.95 per trade. Looking at trading options, OptionsHouse's base fee is $4.95 while TradeStation Securities's is $5.00. Contracts run $0.50 a piece at both brokerages. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any online brokerage review
page, then navigate to the "Commission Notes" section).
Alongside trade commissions, being able to trade the way you want is a must. Both OptionsHouse and TradeStation Securities support Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, TradeStation Securities trails OptionsHouse by 7,421.00 total funds, with OptionsHouse offering 12275 and TradeStation Securities offering 4854. Commission free ETFs can also be a nice plus, with OptionsHouse having the upper hand thanks to its 5 available ETFs compared to TradeStation Securities's offering of 0.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. OptionsHouse and TradeStation Securities both have virtual trading. For mobile trading, OptionsHouse and TradeStation Securities both have a iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Unfortunately Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at OptionsHouse or TradeStation Securities . 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 2014, while OptionsHouse came up with Best in Class - Mobile Trading.
Overall, OptionsHouse comes out on top with 4.00 stars over TradeStation Securities's 3.50 stars.