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TradeStation vs Robinhood


 TradeStationRobinhood
 Visit SiteVisit Site
 

TradeStation

Robinhood

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

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading
$0 commission
$0
Options Trading$0 Commission + $0.60 per contract
$0
Annual Fee
None
None
Cryptocurrency Trading 
$0
Minimum Deposit
$0
$0
Mutual Fund Trading
$14.95 per transaction
No
Commission Free ETFs
more than 2,000 ETFs
All U.S. listed ETFs
Phone Support800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct)
Monday - Friday, 8AM - 5PM ET
650-761-7789 (available 24/7)
Live Chat SupportYes (Monday - Friday, 8AM - 5PM ET)Available 24/7 (requires sign in)
Email Support
Yes (Sales@TradeStation.com)
Yes
Human Advisors
Yes
No
Robo Advisor
No
No
Assets Under Management 
$102 Billion
Penny Stocks
Yes
Yes
Tax Loss Harvesting
No
No
Goal Tracker
No
No
Automatic Deposits
No
Yes
Broker Assisted Trades
$25
Not available
Good For
Day Traders
Beginners; Active traders
Inactivity Fee
$10/month
$0
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.5 stars, 17.3K ratings)
Yes (4.2 stars, 4.3M ratings)
Android App
Yes (4.4 stars, 5.98K ratings)
Yes (4.1 stars, 483k ratings)
Banking
No
Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App
Yes
iOS & Android
Desktop App
Yes
None
Two-Factor AuthenticationAuth0 Guardian app, SMS, or Google Authenticator appDevice approvals, 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 via Robinhood app)
Phone: 650-761-7789 (available 24/7)
Email: support@robinhood.com
Locations
Online only
No
Online Community
Yes
No
Seminars
Yes
Yes
Trading PlatformDesktop, Web Trading, Mobile Apps, FuturesPlus
Web Trading, Mobile Apps
Virtual Trading
Yes
No
Fractional Shares
No
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
Yes
No
Trust Accounts
Yes
No
529 Plans
No
No
 

CreditDonkey® Reviews

 TradeStationRobinhood
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Bottom LineFree way to trade stocks with limited bells and whistles... 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.

Robinhood: Pricing information from published websites as of 08/13/2024.

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 in 5 days
Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Robinhood

Buy and Sell Cryptocurrency

Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.


Articles on Robinhood

Robinhood

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

Robinhood Alternatives

Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.

Robinhood 24/7 Trading

Unfortunately, Robinhood doesn't offer 24/7 trading. Luckily, it comes close: 24/5. Does it fit you and your trading style?

Robinhood vs Fidelity vs Vanguard

Robinhood, Fidelity, and Vanguard are great options if you're looking for an investment platform to grow your money. But which one is right for you?

Robinhood vs Public vs Webull

Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?

Fidelity vs Webull

Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.

Robinhood IRA Review

Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.

Is Robinhood Safe

Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.

How Does Robinhood Make Money

Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.

Buy Bitcoin on Robinhood or Coinbase Pro

Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?

Which Do You Think is Best?





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