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Comparison Robinhood vs TradeStation

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Robinhood vs TradeStation. Which of them: Robinhood or TradeStation a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Robinhood on regular transactions of the stock exchange is commission-free, and TradeStation has a commission fee of 4. Let’s analyze the commission fees on trading options. Robinhood has a commission fee of commission-free, TradeStation has a commission fee of 5. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided to customers by Robinhood and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided by TradeStation. Concerning the platforms, Robinhood uses Web Platform, Android App, iOS App, while TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Robinhood was established in 2013 in United States, and it is regulated by SEC, FINRA. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from Robinhood with the help of Bank Wire, and its withdrawal fee is free. 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 withdrawal time for Robinhood is 5 days trading holding period for uninvested funds, and that one for TradeStation is 3-5 business days.

Overall, Robinhood boasts 3.4 stars versus TradeStation 3.8 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Robinhood
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
TradeStation
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Futures
Cryptocurrency
Robinhood
Stock
Commission-free
ETFs
Commission-free
Options
Commission-free
Mutual Funds
N/A
Bonds
N/A
Futures
N/A
Cryptocurrency
Commission-free
TradeStation
Stock
$0.00
ETFs
$0.00
Options
$0.60 per contract
Mutual Funds
$14.95 per trade
Bonds
$14.95 per trade
Futures
$1.50 per contract
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
Robinhood
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
TradeStation
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Robinhood
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TradeStation
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Robinhood
Research & Analysis
Education
TradeStation
Research & Analysis
Education

Mobile App

Mobile App
Android App
iOS App
Robinhood
Android App
iOS App
TradeStation
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Robinhood
Minimum deposit
None
Bank Wire
TradeStation
Minimum deposit
$500
Bank Wire

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
Robinhood
Bank Wire
Withdrawal Time
5 days trading holding period for uninvested funds
Withdrawal Fee
Free
TradeStation
Bank Wire
Withdrawal Time
3-5 business days
Withdrawal Fee
$35 for US domestic withdrawals

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Robinhood
Сountry of Origin
United States
Year Founded
2013
Regulated By
SEC, FINRA
TradeStation
Сountry of Origin
United States
Year Founded
1982
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Robinhood
Phone
No
Email
Yes
Live Chat
No
TradeStation
Phone
Yes
Email
Yes
Live Chat
Yes

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