Comparison Tastyworks vs TradeStation

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Tastyworks vs TradeStation. Is Tastyworks or TradeStation a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Tastyworks on regular transactions of the stock exchange is $0, and TradeStation has a commission fee of 4. When analyzing trading options, the commission fees of Tastyworks is $1, and that one of TradeStation is 5. 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 Tastyworks provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading, and TradeStation provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading. Concerning the platforms, Tastyworks 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.

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. Tastyworks was established in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. Withdrawal of funds from Tastyworks can be done using Bank Wire with a withdrawal fee of $25-45. And TradeStation provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $35 for US domestic withdrawals. The time for withdrawal in Tastyworks is 3 business days, and that one in TradeStation is 3-5 business days.

Overall, Tastyworks boasts 4 stars versus TradeStation 3.8 stars.