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TradeStation vs Moomoo


 TradeStationMoomoo
 Visit SiteVisit Site
 

TradeStation

Moomoo

SPECIAL OFFER
Trade Futures in IRA for $0.65 - Learn More

SPECIAL OFFER
Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash - Learn More

Read Moomoo Review

 

Benefits and Features

Stock Trading
$0 commission
$0 commission on US stocks and ETFs
Options Trading$0 Commission + $0.60 per contract$0 for US Options;
$0.50 per contract for Index Options
Annual Fee
None
None
Cryptocurrency Trading 
No
Minimum Deposit
$0
$0
Mutual Fund Trading
$14.95 per transaction
No
Commission Free ETFs
more than 2,000 ETFs
3,030 US-listed ETFs
Phone Support800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
Monday - Friday, 8AM - 5PM ET
+1 888 721 0610
(Trading days: 8:30 - 16:30 ET)
Live Chat SupportYes (Monday - Friday, 8AM - 5PM ET)
Yes
Email Support
Yes (Sales@TradeStation.com)
Yes (cs@us.moomoo.com)
Human Advisors
Yes
No
Robo Advisor
No
No
Assets Under Management Total 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
$25
Not available
Good For
Day Traders
Traders looking for access to Hong Kong and Chinese assets
Inactivity Fee
$10/month
$0
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.5 stars, 17.3K ratings)
Yes (4.6 stars, 19k ratings)
Android App
Yes (4.4 stars, 5.98K ratings)
Yes (4.6 stars, 18k ratings)
Banking
No
No
Mobile App
Yes
Yes
Desktop App
Yes
Yes
Two-Factor AuthenticationAuth0 Guardian app, SMS, or Google Authenticator app
SMS
Forex TradingYes (not available in TradeStation US)
No
Futures Trading$1.50 per Standard contract per side and $0.50 per Micro contract per side
No
Bond Trading
Yes
No
CFD TradingYes (CFD trading is not permitted in the US.)
No
Currency TradingYes (not available in TradeStation US)
No
Customer ServicePhone: 800-822-0512 | 954-652-7900
Monday - Friday: 8AM - 5PM ET
Live Chat
Email: Sales@TradeStation.com
Live Chat (24 hours);
Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST);
Email: cs@us.moomoo.com
Locations
Online only
Online only
Online Community
Yes
Yes
Seminars
Yes
Yes
Trading PlatformDesktop, Web Trading, Mobile Apps, FuturesPlus
Desktop, Mobile Apps
Virtual Trading
Yes
Yes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account
Fractional Shares
No
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
Yes
No
Roth IRA Accounts
Yes
No
SEP IRA Accounts
Yes
No
Trust Accounts
Yes
No
529 Plans
No
No
 

CreditDonkey® Reviews

 TradeStationMoomoo
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.

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 12/31/2024
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

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?





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