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.
Moomoo lets you invest in US-listed stocks, options, and ETFs with $0 commission. Its award-winning investment app has no platform fees, inactivity fees, or minimum investment requirements. It provides access to Hong Kong and Chinese investments and has extended trading hours.
While TradeStation enables you to backtest, simulate, and automate strategies within its platform. It offers a wide range of investment options, $0 commission pricing for stocks, options, and futures, free trading simulator, and has no minimum funding requirements.
Compare Moomoo with TradeStation, side-by-side.
Visit Site | Visit Site | |
Moomoo | TradeStation | |
---|---|---|
Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash - | Trade Futures in IRA for $0.65 - | |
Benefits and Features | ||
Stock Trading | $0 commission on US stocks and ETFs | |
Options Trading | $0 for US Options; $0.50 per contract for Index Options | $0 Commission + $0.60 per contract |
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free 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 (Monday - Friday, 8AM - 5PM ET) | |
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | Total client assets of HK$468.1 billion as 09/30/2023 | |
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | Traders looking for access to Hong Kong and Chinese assets | |
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Two-Factor Authentication | Auth0 Guardian app, SMS, or Google Authenticator app | |
Forex Trading | Yes (not available in TradeStation US) | |
Futures Trading | $1.50 per Standard contract per side and $0.50 per Micro contract per side | |
Bond Trading | ||
CFD Trading | Yes (CFD trading is not permitted in the US.) | |
Currency Trading | Yes (not available in TradeStation US) | |
Customer Service | Live Chat (24 hours); Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST); Email: cs@us.moomoo.com | Phone: 800-822-0512 | 954-652-7900 Monday - Friday: 8AM - 5PM ET Live Chat Email: Sales@TradeStation.com |
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | Desktop, Web Trading, Mobile Apps, FuturesPlus | |
Virtual Trading | Yes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account | |
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mobile App | ||
Commissions and Fees | ||
Customer Service | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
| |
Bottom Line | Low-cost way to trade US, HK, and Chinese assets with advanced research tools... | |
Visit Site | Visit 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. |
Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash
Enroll in Cash Sweep to enjoy 4.1% APY base rate plus 4.0% 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 opened a brokerage account before May 29, 2024, 04:00 ET, or who have opened a brokerage account but have not made a deposit or an ACATS transfer yet and plan to make the first deposit or ACATS transfer that settles before March 31, 2025, 23:59 PM ET. Terms and conditions apply.
Get $30 Bonus with Wire Deposits
Receive a $30 cash coupon when you reach a net accumulated monthly wire deposits of $10,000 or more.
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 opened a brokerage account before May 29, 2024, 04:00 ET, or who have opened a brokerage account but have not made a deposit or an ACATS transfer yet and plan to make the first deposit or ACATS transfer that settles before March 31, 2025, 23:59 PM ET. Terms and conditions apply.
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.
Trade Options for $0.25 Per Options Contract
Active options traders can enjoy limited-time pricing of just $0.25 per options contract on new accounts when you sign up by December 31, 2024. Additional terms apply, and pricing is subject to change. Options trading is not suitable for all investors.
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Moomoo or Webull.