Morningstar vs TradeStation
Morningstar is an advanced investment tools for more serious investors with larger portfolios. How does it compare to TradeStation? Read our comparison chart below.
Morningstar provides independent investment insights, offers in-depth reports on mutual funds and stocks, and has portfolio x-ray tool which shows portfolio strengths and weaknesses. It offers monthly and annual paid subscription plans with 7-day free trial.
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 Morningstar with TradeStation, side-by-side.
Visit Site | Visit Site | |
Morningstar | TradeStation | |
---|---|---|
Start 7-Day Free Trial of Morningstar Investor - | Trade Futures in IRA for $0.65 - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | $0 Commission + $0.60 per contract | |
Annual Fee | Morningstar Investor costs $249/year (monthly plan costs $34.95/month) | |
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | ||
Phone Support | 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 | ||
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | ||
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.) | |
Charting Tools | ||
Currency Trading | Yes (not available in TradeStation US) | |
Customer Service | Phone: 866-229-9449 Monday - Friday: 8AM - 5PM CST Email: joe@morningstar.com | Phone: 800-822-0512 | 954-652-7900 Monday - Friday: 8AM - 5PM ET Live Chat Email: Sales@TradeStation.com |
Locations | ||
Online Community | ||
Seminars | ||
Stock Ratings | ||
Stock Recommendations | ||
Stock Screener | ||
Trading Platform | Desktop, Web Trading, Mobile Apps, FuturesPlus | |
Virtual Trading | ||
Investment Tracking | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Price | ||
Mobile App | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
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Bottom Line | Advanced investment tools for more serious investors with larger portfolios... | |
Visit Site | Visit Site | |
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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 Morningstar or Seeking Alpha.