Comparison TradeStation vs Vanguard
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares TradeStation vs Vanguard. Is TradeStation or Vanguard a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. TradeStation has a commission fee of 4, and Vanguard has a commission fee of $7 per trade (first 25). Let’s analyze the commission fees on trading options. TradeStation has a commission fee of 5, Vanguard has a commission fee of $7+$1 per contract (first 25). 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, Futures Trading, Crypto Trading are provided to customers by TradeStation and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading are provided by Vanguard. Concerning the platforms, TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Vanguard uses 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. TradeStation was founded in 1982 in United States, and it is regulated by SEC, FINRA. And Vanguard was founded in 1975 in USA, and it is regulated by Various local Jurisdictions. Withdrawal of funds from TradeStation can be done using Bank Wire with a withdrawal fee of $35 for US domestic withdrawals. And Vanguard provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $10. The withdrawal time for TradeStation is 3-5 business days, and that one for Vanguard is 3 Business days.
As a result, the rating of TradeStation is 3.8 stars versus that of Vanguard of 3.9 stars.