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.