InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.
Comparison E*TRADE vs TradeStation
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare E*TRADE vs TradeStation. Which of them: E*TRADE or TradeStation a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. E*TRADE has a commission fee of $6.95, and TradeStation has a commission fee of 4. Let’s analyze the commission fees on trading options. E*TRADE has a commission fee of $6.95 + $0.75 per contract, TradeStation has a commission fee of 5. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: $1.50 per contract and 4 for E*TRADE and TradeStation, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are E*TRADE provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor, and TradeStation provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading. Concerning the platforms, E*TRADE uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. E*TRADE was established in 1982 in United States, and it is regulated by FINRA. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from E*TRADE with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And TradeStation provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $35 for US domestic withdrawals. The time for withdrawal in E*TRADE is 3 days, and that one in TradeStation is 3-5 business days.
As a result, the rating of E*TRADE is 4.3 stars versus that of TradeStation of 3.8 stars.