TradeStation vs Interactive Brokers

	TradeStation	Interactive Brokers

	Visit Site	Learn More
	SPECIAL OFFER Invest and Earn $150 Bonus - Learn More	SPECIAL OFFER Referral Program - $200 Bonus - Learn More Read Interactive Brokers Review
	Benefits and Features
Stock Trading	$0 commission	IBKR Lite: $0 per share (min $0 per order) IBKR Pro - Fixed: $0.0005 per share (min $1.00 per order, max 1.0% of trade value) IBKR Pro - Tiered: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value)
Options Trading	$0 Commission + $0.60 per contract	$0.15-$0.65 per contract ($1 minimum per order)
Annual Fee	None	None
Cryptocurrency Trading		0.12% to 0.18% of trade value ($1.75 minimum per order)
Minimum Deposit	$0	$0
Mutual Fund Trading	$14.95 per transaction	$0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less
Commission Free ETFs	more than 2,000 ETFs	150+
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	Yes (Sales@TradeStation.com)
Human Advisors	Yes
Robo Advisor	No
Penny Stocks	Yes
Tax Loss Harvesting	No
Goal Tracker	No
Automatic Deposits	No
Broker Assisted Trades	$25	$30
Good For	Day Traders
Inactivity Fee	$10/month	$0
Maintenance Fee	$0	$0
Online Platform	Yes
iPhone App	Yes (4.5 stars, 17.3K ratings)
Android App	Yes (4.4 stars, 5.98K ratings)
Banking	No	No
Mobile App	Yes	Yes
Desktop App	Yes	Yes
Two-Factor Authentication	Auth0 Guardian app, SMS, or Google Authenticator app
Forex Trading	Yes (not available in TradeStation US)	Available for qualified customers
Futures Trading	$1.50 per Standard contract per side and $0.50 per Micro contract per side	Yes
Bond Trading	Yes
CFD Trading	Yes (CFD trading is not permitted in the US.)
Currency Trading	Yes (not available in TradeStation US)
Customer Service	Phone: 800-822-0512 \| 954-652-7900 Monday - Friday: 8AM - 5PM ET Live Chat Email: Sales@TradeStation.com	United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries)
Locations	Online only	No
Online Community	Yes	Yes
Seminars	Yes	Yes
Trading Platform	Desktop, Web Trading, Mobile Apps, FuturesPlus	Desktop, Web Trading, Mobile Apps
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
	CreditDonkey® Reviews

Stock Trading
Options Trading
Mutual Fund Trading
Online Platform
Banking
Mobile App
Commissions and Fees
Ease of Use
Research
Pros & Cons		Pros: Large number of investments, including options, futures, and forex Customize trading platform Tools and opportunities for research Cons: Platform can be too much for a beginner to understand Complicated pricing structure
Bottom Line		Good discount broker for experienced, high volume traders... Read full review
	Visit Site	Learn More
	Invest and Earn $150 Bonus	Referral Program - $200 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Interactive Brokers: Pricing information from published websites as of 10/17/2023.

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Articles on Interactive Brokers

Interactive Brokers Review

Interactive Brokers offers a robust trading platform that experienced traders favor due to its competitive fee structure and extensive range of trading options.