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Moomoo vs TradeStation

Moomoo is a low-cost way to trade US, HK, and Chinese assets with advanced research tools. How does it compare to TradeStation? Read our comparison chart below.

 MoomooTradeStation
 Visit SiteVisit Site
 

Moomoo

TradeStation

SPECIAL OFFER
Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash - Learn More

Read Moomoo Review

SPECIAL OFFER
50% Off Futures Brokerage Fees for New Customers with Code FUTRAFZT - Learn More

 

Benefits and Features

Stock Trading$0 commission on US stocks and ETFs
$0 commission
Options Trading$0 for US Options;
$0.50 per contract for Index Options
$0 Commission + $0.60 per contract
Annual Fee
None
None
Cryptocurrency Trading
No
 
Minimum Deposit
$0
$0
Mutual Fund Trading
No
$14.95 per transaction
Commission Free ETFs
3,030 US-listed ETFs
more than 2,000 ETFs
Phone Support+1 888 721 0610
(Trading days: 8:30 - 16:30 ET)
800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
Monday - Friday, 8AM - 5PM ET
Live Chat Support
Yes
Yes (Monday - Friday, 8AM - 5PM ET)
Email Support
Yes (cs@us.moomoo.com)
Yes (Sales@TradeStation.com)
Human Advisors
No
Yes
Robo Advisor
No
No
Assets Under ManagementTotal client assets of HK$468.1 billion as 09/30/2023 
Penny Stocks
Yes
Yes
Tax Loss Harvesting
No
No
Goal Tracker
No
No
Automatic Deposits
No
No
Broker Assisted Trades
Not available
$25
Good ForTraders looking for access to Hong Kong and Chinese assets
Day Traders
Inactivity Fee
$0
$10/month
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.6 stars, 19k ratings)
Yes (4.5 stars, 17.3K ratings)
Android App
Yes (4.6 stars, 18k ratings)
Yes (4.4 stars, 5.98K ratings)
Banking
No
No
Mobile App
Yes
Yes
Desktop App
Yes
Yes
Two-Factor Authentication
SMS
Auth0 Guardian app, SMS, or Google Authenticator app
Forex Trading
No
Yes (not available in TradeStation US)
Futures Trading
No
Yes
Bond Trading
No
Yes
CFD Trading
No
Yes (CFD trading is not permitted in the US.)
Currency Trading
No
Yes (not available in TradeStation US)
Customer ServiceLive Chat (24 hours);
Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST);
Email: cs@us.moomoo.com
Monday – Friday, 8:00 a.m. – 5:00 p.m. ET
  • Live Chat
  • Phone Support: 800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
  • Email: Sales@TradeStation.com
Locations
Online only
Online only
Online Community
Yes
Yes
Seminars
Yes
Yes
Trading Platform
Desktop, Mobile Apps
Desktop, Web Trading, Mobile Apps, FuturesPlus, TS Crypto
Virtual TradingYes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account
Yes
Fractional Shares
Yes
No
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
No
Yes
Roth IRA Accounts
No
Yes
SEP IRA Accounts
No
Yes
Trust Accounts
No
Yes
529 Plans
No
No
 

CreditDonkey® Reviews

 MoomooTradeStation
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty Star
Pros & ConsPros:
  • Commission-free trading
  • Free paper trading
  • Access to Hong Kong and Chinese investments
Cons:
  • May be overwhelming for beginners
  • No forex, bonds, mutual funds, or crypto
Bottom LineLow-cost way to trade US, HK, and Chinese assets with advanced research tools... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Moomoo: Pricing information from published website as of 05/03/2024.

Moomoo

Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash

Enroll Cash sweep to enjoy 5.1% APY base rate plus 3% APY booster for the first 3 months after opening your account

Make a net deposit of $1,000 or more to receive 15 draws, each for a free stock worth $2 - $2,000 each. Maintain average assets totaling $1,000 or more for 60 days to unlock the free stocks.

This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

Expires 9/30/2024
Moomoo

Transfer and Get 1.5% Match Bonus

Get a 1.5% match bonus on your first transfer to your MFI account. The match amount is limited to the first $1 to $20,000 transferred into the account. Eligible assets should be from the following broker-dealers: Robinhood, Webull, TD Ameritrade (including thinkorswim), Interactive Brokers, Fidelity, E*TRADE, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch to qualify for the cash rewards. Cash rewards will depend on the value of eligible assets transferred during the offer period. This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

Expires 9/30/2024
Moomoo

Deposit and Get 5 Free Stocks

Make a net deposit of $100 or more to receive 5 draws, each for a free stock worth $2 - $2,000 each. Maintain average assets totaling $100 or more for 60 days to unlock the free stocks.

This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

Expires 9/30/2024
TradeStation

Invest and Earn Up to $3,500

Enroll your new or existing TradeStation account in this offer by using promo code TSTVAGFD on your new account application, requesting to enroll via telephone or with a TradeStation Representative, or completing the enrollment form. Within 45 days of account enrollment, fund your account with at least $5,000. Maintain at least $5,000 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.

New AssetsCash Bonus
$5,000 - $24,999$150
$25,000 – $99,999$300
$100,000 – $249,999$500
$250,000 – $499,999$1,000
$500,000 – $999,999$2,000
$1,000,000 or more$3,500

TradeStation

Trade Futures in IRA for $0.65

Trade futures in your IRA account for a discounted rate of $0.65 per contract per side. Use promo code 0035AEZP to get special offer. Terms and conditions apply.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Moomoo or Webull.


Articles on Moomoo

Moomoo Review

Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?

Which Do You Think is Best?





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