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Online Brokerage Comparison Tool

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February 23, 2023

Use the online brokerage comparison tool to compare over 150 different account features and fees across Ally Invest, Charles Schwab, J.P. Morgan Self-Directed, eToro, E*TRADE, Fidelity, Firstrade, Interactive Brokers, Merrill Edge, Robinhood, SoFi Invest, tastyworks, TD Ameritrade, TradeStation, Tradier, Vanguard, and Webull. Compare trading commissions, account fees, trading platforms and tools, stock research functionality, mobile stock apps, beginner investor education, and current special offers.

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Overall RatingTradeStation
Overall 4/5 Stars
Commissions & Fees 4.5/5 Stars
Investment Options 4.5/5 Stars
Platforms & Tools 4.5/5 Stars
Mobile Trading Apps 4.5/5 Stars
Research 3/5 Stars
Customer Service 3.5/5 Stars
Education 3.5/5 Stars
Ease Of Use 3/5 Stars
Winner check_circle
Review TradeStation Review
Trading FeesTradeStation
Minimum Deposit $0.00
Stock Trades $0.00
Penny Stock Fees (OTC) $0.00
Mutual Fund Trade Fee $14.95
Options (Base Fee) $0.00
Options (Per Contract) $0.60
Futures (Per Contract) $1.50
Broker Assisted Trade Fee $0
Margin RatesTradeStation
Margin Rate Under $25,000 11.00%
Margin Rate $25,000 to $49,999.99 11.00%
Margin Rate $50,000 to $99,999.99 10.00%
Margin Rate $100,000 to $249,999.99 10.00%
Margin Rate $250,000 to $499,999.99 10.00%
Margin Rate $500,000 to $999,999.99 5.50%
Margin Rate Above $1,000,000 5.50%
Account FeesTradeStation
IRA Annual Fee $35.00
IRA Closure Fee $50.00
Account Transfer Out (Partial) $125.00
Account Transfer Out (Full) $125.00
Options Exercise Fee $14.95
Options Assignment Fee $5.95
Investment OptionsTradeStation
Stock Trading Yes
Margin Trading Yes
Fractional Shares No
OTC Stocks Yes
Options Trading Yes
Complex Options Max Legs 4
Futures Trading Yes
Forex Trading No
Crypto Trading Yes
Crypto Trading - Total Coins 11
Mutual Funds (No Load) 800
Mutual Funds (Total) 4000
Bonds (US Treasury) Yes
Bonds (Corporate) Yes
Bonds (Municipal) Yes
Advisor Services No
International Countries (Stocks) 0
Order TypesTradeStation
Order Type - Market Yes
Order Type - Limit Yes
Order Type - After Hours Yes
Order Type - Stop Yes
Order Type - Trailing Stop Yes
Order Type - OCO Yes
Order Type - OTO Yes
Order Type - Broker Assisted Yes
Education (Stocks) Yes
Education (ETFs) No
Education (Options) Yes
Education (Mutual Funds) No
Education (Bonds) No
Education (Retirement) No
Retirement Calculator No
Investor Dictionary No
Paper Trading Yes
Videos Yes
Webinars Yes
Webinars (Archived) No
Progress Tracking No
Interactive Learning - Quizzes No
Stock Trading AppsTradeStation
iPhone App Yes
Android App Yes
Apple Watch App Yes
Trading - Stocks Yes
Trading - After-Hours Yes
Trading - Simple Options Yes
Trading - Complex Options Yes
Order Ticket RT Quotes Yes
Order Ticket SRT Quotes Yes
Stock App FeaturesTradeStation
Market Movers (Top Gainers) Yes
Stream Live TV No
Videos on Demand No
Stock Alerts Yes
Option Chains Viewable Yes
Watch List (Real-time) Yes
Watch List (Streaming) Yes
Watch Lists - Create & Manage Yes
Watch Lists - Column Customization Yes
Watch Lists - Total Fields 335
Stock App ChartingTradeStation
Charting - After-Hours Yes
Charting - Can Turn Horizontally Yes
Charting - Multiple Time Frames Yes
Charting - Technical Studies 45
Charting - Study Customizations Yes
Charting - Stock Comparisons No
Trading PlatformsTradeStation
Active Trading Platform TradeStation 10
Desktop Trading Platform Yes
Desktop Platform (Mac) No
Web Trading Platform Yes
Paper Trading Yes
Trade Journal No
Watch Lists - Total Fields 335
Stock Chart FeaturesTradeStation
Charting - Adjust Trades on Chart Yes
Charting - Indicators / Studies 290
Charting - Drawing Tools 23
Charting - Notes Yes
Charting - Index Overlays Yes
Charting - Historical Trades Yes
Charting - Corporate Events Yes
Charting - Custom Date Range Yes
Charting - Custom Time Bars Yes
Charting - Automated Analysis Yes
Charting - Save Profiles Yes
Trade Ideas - Technical Analysis Yes
Charting - Study Customizations 12
Charting - Custom Studies Yes
Day TradingTradeStation
Streaming Time & Sales Yes
Streaming TV No
Direct Market Routing - Stocks Yes
Ladder Trading Yes
Trade Hot Keys Yes
Level 2 Quotes - Stocks Yes
Trade Ideas - Backtesting Yes
Trade Ideas - Backtesting Adv Yes
Short Locator Yes
Order Liquidity Rebates Yes
Research OverviewTradeStation
Research - Stocks Yes
Research - ETFs Yes
Research - Mutual Funds No
Research - Pink Sheets / OTCBB Yes
Research - Bonds No
Screener - Stocks Yes
Screener - ETFs No
Screener - Mutual Funds No
Screener - Bonds No
Misc - Portfolio Allocation Yes
Stock ResearchTradeStation
Stock Research - PDF Reports 0
Stock Research - Earnings No
Stock Research - Insiders No
Stock Research - Social No
Stock Research - News Yes
Stock Research - ESG No
Stock Research - SEC Filings No
ETF ResearchTradeStation
ETFs - Strategy Overview No
ETF Fund Facts - Inception Date No
ETF Fund Facts - Expense Ratio No
ETF Fund Facts - Net Assets No
ETF Fund Facts - Total Holdings No
ETFs - Top 10 Holdings No
ETFs - Sector Exposure No
ETFs - Risk Analysis No
ETFs - Ratings No
ETFs - Morningstar StyleMap No
ETFs - PDF Reports No
Mutual Fund ResearchTradeStation
Mutual Funds - Strategy Overview No
Mutual Funds - Performance Chart No
Mutual Funds - Performance Analysis No
Mutual Funds - Prospectus No
Mutual Funds - 3rd Party Ratings No
Mutual Funds - Fees Breakdown No
Mutual Funds - Top 10 Holdings No
Mutual Funds - Asset Allocation No
Mutual Funds - Sector Allocation No
Mutual Funds - Country Allocation No
Mutual Funds - StyleMap No
Options TradingTradeStation
Option Chains - Basic View Yes
Option Chains - Strategy View Yes
Option Chains - Streaming Yes
Option Chains - Total Columns 32
Option Chains - Greeks 5
Option Chains - Quick Analysis Yes
Option Analysis - P&L Charts Yes
Option Probability Analysis Yes
Option Probability Analysis Adv Yes
Option Positions - Greeks Yes
Option Positions - Greeks Streaming Yes
Option Positions - Adv Analysis Yes
Option Positions - Rolling Yes
Option Positions - Grouping Yes
Bank (Member FDIC) No
Checking Accounts No
Savings Accounts No
Credit Cards No
Debit Cards No
Mortgage Loans No
Customer ServiceTradeStation
Phone Support (Prospect Customers) Yes
Phone Support (Current Customers) No
Email Support Yes
Live Chat (Prospect Customers) Yes
Live Chat (Current Customers) Yes
24/7 Support No
Overall 4/5 Stars
Commissions & Fees 4.5/5 Stars
Investment Options 4.5/5 Stars
Platforms & Tools 4.5/5 Stars
Mobile Trading Apps 4.5/5 Stars
Research 3/5 Stars
Education 3.5/5 Stars
Ease Of Use 3/5 Stars
Winner check_circle
Review TradeStation Review
  • check_box_outline_blankcheck_boxAlly Invest
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxE*TRADE
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFidelity
  • check_box_outline_blankcheck_boxFirstrade
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxJ.P. Morgan Self-Directed Investing
  • check_box_outline_blankcheck_boxMerrill Edge
  • check_box_outline_blankcheck_boxRobinhood
  • check_box_outline_blankcheck_boxSofi Invest
  • check_box_outline_blankcheck_boxtastytrade
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTradeStation
  • check_box_outline_blankcheck_boxTradier
  • check_box_outline_blankcheck_boxVanguard
  • check_box_outline_blankcheck_boxWebull


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