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TradeStation vs TD Ameritrade


 TradeStation
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TradeStation

TD Ameritrade

SPECIAL OFFER
Invest and Earn $150 Bonus - Learn More

OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

 

Benefits and Features

Stock Trading
$0 commission
$0 commission for online stock, ETF, and option trades
Options Trading$0 Commission + $0.60 per contract
$0.65 per contract
Annual Fee
None
 
Minimum Deposit
$0
$0
Mutual Fund Trading
$14.95 per transaction
Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs
more than 2,000 ETFs
550+ Commission-Free ETFs
Phone Support800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
Monday - Friday, 8AM - 5PM ET
 
Live Chat SupportYes (Monday - Friday, 8AM - 5PM ET)
Yes
Email Support
Yes (Sales@TradeStation.com)
 
Human Advisors
Yes
 
Robo Advisor
No
 
Penny Stocks
Yes
Check
Tax Loss Harvesting
No
 
Goal Tracker
No
 
Automatic Deposits
No
 
Broker Assisted Trades
$25
$25
Good For
Day Traders
 
Inactivity Fee
$10/month
$0
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.5 stars, 17.3K ratings)
 
Android App
Yes (4.4 stars, 5.98K ratings)
 
Banking
No
Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App
Yes
Yes
Desktop App
Yes
Thinkorswim
Two-Factor AuthenticationAuth0 Guardian app, SMS, or Google Authenticator app 
Forex TradingYes (not available in TradeStation US)
Yes
Futures Trading$1.50 per Standard contract per side and $0.50 per Micro contract per side$2.25 per contract (plus exchange & regulatory fees)
Bond Trading
Yes
Yes
CFD TradingYes (CFD trading is not permitted in the US.)
No
Currency TradingYes (not available in TradeStation US)
Yes
Customer ServicePhone: 800-822-0512 | 954-652-7900
Monday - Friday: 8AM - 5PM ET
Live Chat
Email: Sales@TradeStation.com
(800) 669-3900 (Open 24/7)
Locations
Online only
More than 100 locations in 34 states
Online Community
Yes
 
Seminars
Yes
Online webcast
Trading PlatformDesktop, Web Trading, Mobile Apps, FuturesPlus
thinkorswim
Virtual Trading
Yes
Yes
Fractional Shares
No
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
Yes
 
529 Plans
No
 
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Invest and Earn $150 Bonus

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

TD Ameritrade: Pricing information from published website as of 09/05/2023.

TradeStation

Invest and Earn $150 Bonus

Open a new account using promo code TSTVAGLL. Fund the account with new and qualifying assets of $5,000 or more. Maintain a balance of $5,000 or more in the account for 60 days.


Which Do You Think is Best?





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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.

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