Advertiser Disclosure

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 TD Ameritrade vs TradeStation

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

First of all, we’ll compare the commission fees of the two brokers. The commission fee of TD Ameritrade on regular transactions of the stock exchange is $6.95, and TradeStation has a commission fee of 4. When analyzing trading options, the commission fees of TD Ameritrade is $6.95 + $0.75, and that one of TradeStation is 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, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading are provided to customers by TD Ameritrade and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided by TradeStation. Concerning the platforms, TD Ameritrade 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. TD Ameritrade was established in 1975 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. Withdrawal of funds from TD Ameritrade can be done using Bank Wire with a withdrawal fee of free. 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 TD Ameritrade is one Business Day, and that one for TradeStation is 3-5 business days.

As a result, the rating of TD Ameritrade is 4.5 stars versus that of TradeStation of 3.8 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
TD Ameritrade
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
Forex Spreads
Futures
TD Ameritrade
Stock
$6.95
ETFs
Commission-free
Options
$6.95 + $0.75
Mutual Funds
Commission-free
Bonds
Commission-free
Forex Spreads
$0.10 per 1,000 units
Futures
$2.25 fee per contract
TradeStation
Stock
$0.00
ETFs
$0.00
Options
$0.60 per contract
Mutual Funds
$14.95 per trade
Bonds
$14.95 per trade
Forex Spreads
N/A
Futures
$1.50 per contract

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
TD Ameritrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
TradeStation
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TD Ameritrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TradeStation
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
TD Ameritrade
Research & Analysis
Education
Demo account
TradeStation
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
TD Ameritrade
Android App
iOS App
TradeStation
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
TD Ameritrade
Minimum deposit
None
Bank Wire
TradeStation
Minimum deposit
$500
Bank Wire

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
TD Ameritrade
Bank Wire
Withdrawal Time
One Business Day
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
TD Ameritrade
Сountry of Origin
United States
Year Founded
1975
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
 
TD Ameritrade
Phone
Yes
Email
Yes
Live Chat
Yes (In-App Chat)
TradeStation
Phone
Yes
Email
Yes
Live Chat
Yes

Related Comparisons