Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

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.

 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
Trade Futures in IRA for $0.65 - 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
$1.50 per Standard contract per side and $0.50 per Micro contract per side
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
Phone: 800-822-0512 | 954-652-7900
Monday - Friday: 8AM - 5PM ET
Live Chat
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
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 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.

Expires 3/31/2025
Moomoo

Get $30 Bonus with Wire Deposits

Expires 3/31/2025

Receive a $30 cash coupon when you reach a net accumulated monthly wire deposits of $10,000 or more.

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 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.

Expires 3/31/2025
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.

TradeStation

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.

Expires in 5 days

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?





You Might Also Like

Best Stock Market Simulators

Best Stock Market Simulators

Investing in the stock market is extremely risky. Don't add on to that risk by being unprepared. Here's a list of the best simulators you can try.
Best Day Trading Platforms

Best Day Trading Platforms

Each day trading platform has something to offer. But which one is right for you? Read on to find out.

Compare TradeStation to:


You might also be interested in

Seeking Alpha Discount

Seeking Alpha Discount

Want to get discounts on Seeking Alpha's services? Continue reading to learn about the promotions that are currently active for Seeking Alpha.

Next Page:

About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.