Comparison Interactive Brokers vs TradeStation
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Interactive Brokers vs TradeStation. Which of them: Interactive Brokers or TradeStation a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Interactive Brokers has a commission fee of $0.005, and TradeStation has a commission fee of 4. When analyzing trading options, the commission fees of Interactive Brokers is $0 + $0.70 per contract, and that one of TradeStation is 5. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: 0.15 basis points and 4 for Interactive Brokers and TradeStation, respectively. You can read more detailed information on commission fees in the online broker reviews.
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 Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex 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. As for platforms, Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TradeStation offers 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. Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. Withdrawal of funds from Interactive Brokers can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And TradeStation provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $35 for US domestic withdrawals. The withdrawal time for Interactive Brokers is 3-5 days, and that one for TradeStation is 3-5 business days.
Overall, Interactive Brokers boasts 4.1 stars versus TradeStation 3.8 stars.
Types of trading
Security & Fairness
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