TradeStation vs Robinhood

	TradeStation	Robinhood

	Visit Site	Visit Site
	SPECIAL OFFER Invest and Earn Up to $3,500 - 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 Support	800.822.0512 U.S. (toll-free) \| 954.652.7900 U.S. (direct) Monday - Friday, 8AM - 5PM ET	650-761-7789 (available 24/7)
Live Chat Support	Yes (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 Authentication	Auth0 Guardian app, SMS, or Google Authenticator app	Device approvals, Authenticator app, SMS
Forex Trading	Yes (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 Trading	Yes (CFD trading is not permitted in the US.)	No
Currency Trading	Yes (not available in TradeStation US)	No
Customer Service	Phone: 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 Platform	Desktop, 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

Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Pros & Cons		Pros: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds
Bottom Line		Free way to trade stocks with limited bells and whistles... Read full review
	Visit Site	Visit Site
	Invest and Earn Up to $3,500 Trade Futures in IRA for $0.65 Trade Options for $0.25 Per Options Contract	Get a Free Stock (worth between $5 and $200) Commission-Free Trades Buy and Sell Cryptocurrency
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.

Invest and Earn Up to $3,500

Enroll your new or existing TradeStation account in this offer by using promo code TSTVAGFD on your new account application, requesting to enroll via telephone or with a TradeStation Representative, or completing the enrollment form. Within 45 days of account enrollment, fund your account with at least $5,000. Maintain at least $5,000 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.

New Assets	Cash Bonus
$5,000 - $24,999	$150
$25,000 – $99,999	$300
$100,000 – $249,999	$500
$250,000 – $499,999	$1,000
$500,000 – $999,999	$2,000
$1,000,000 or more	$3,500

Get Deal

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.

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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.

Get Deal

Expires 12/31/2024

Get a Free Stock (worth between $5 and $200)

Get a Free Stock

Commission-Free Trades

Get Deal

Trade stocks, funds, options, and cryptocurrencies

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.

Get Deal

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