Interactive Brokers vs TradeStation

Updated Nov. 28, 2023
Interactive Brokers
 

On website

TradeStation
Overview
Description
Advanced trading platform for experienced traders. Access to global markets.Trade a range of assets including stocks, ETFs, options, futures, mutual funds and crypto.
Basics
Account Funding Options
Bank transfer, BPAYBank transfer, check
Advisory Services
YesNo
Apps
Android, iOSAndroid, iOS
Minimum Deposit
$100.00$0.00
Minimum Trade
No minimum trade required$0
Regulator
ASIC, FCA, CFTC, FINRA, SECSEC, FINRA
Signup Bonus Gift
NoneNone
Trading
Copy Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
YesNo
Fractional Share Trading
YesNo
Futures Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
YesYes
Options Trading
YesYes
OTCBB / Pink Sheets
YesN/A
Paper Trading
YesN/A
Penny Share Trading
YesN/A
Social Trading
NoNo
Stock Trading
YesYes
Tradable Assets
Bonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot goldBonds, Cryptocurrency, ETFs, Futures, Mutual Funds, Options, Stocks
Tradable Markets
ASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and moreNASDAQ, NYSE
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$1.00$0.00
Domestic Wire Transfer Fee
$0.00N/A
ETF Trade Fee
$0.00$0.00
Funds Withdrawal Fee (Partial)
$0.00N/A
Funds Withdrawal Fee (Full)
$0.00N/A
International Wire Transfer Fee
$0.00N/A
Mutual Fund Trade Fee
$15.00$14.95
Options (Base Fee)
N/A$0.00
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
variesN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
N/A$0.00
Order types
Order Type (Contingent)
YesN/A
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
YesN/A
Order Type (One Triggers and One Cancels The Other)
YesN/A
Order Type (One Triggers The Other)
YesN/A
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
YesN/A
Customer service
Email Support
YesYes
Live Chat Support
YesYes
Phone Support
YesYes

As seen on

Media - Forbes
Media - Yahoo Finance
Media - MSN
Media - Fox News
Media - Daily News
Media - Vox