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E*TRADE vs TradeStation

E*TRADE is an online broker with one of the best user interfaces. How does it compare to TradeStation? Read our comparison chart below.

E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

While TradeStation enables you to backtest, simulate, and automate strategies within its platform. It offers a wide range of investment options, $0 commission pricing for stocks, options, and futures, free trading simulator, and has no minimum funding requirements.

Compare E*TRADE with TradeStation, side-by-side.

 TradeStation
 Learn MoreVisit Site
 

E*TRADE

TradeStation

SPECIAL OFFER
Learn more about E*TRADE - Learn More

Read E*TRADE Review

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

 

Benefits and Features

Stock Trading
$0 per trade
$0 commission
Options Trading
  • $0 per trade + $0.65 per contract
  • $0 per trade + $0.50 per contract if you make 30+ trades a quarter
$0 Commission + $0.60 per contract
Annual Fee
None
None
Minimum Deposit$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
$0
Mutual Fund Trading$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
$14.95 per transaction
Commission Free ETFs
250+
more than 2,000 ETFs
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
Check
Yes
Tax Loss Harvesting 
No
Goal Tracker 
No
Automatic Deposits 
No
Broker Assisted Trades
$25 + Regular Commission
$25
Good For 
Day Traders
Inactivity Fee
$0
$10/month
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)
BankingChecking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
No
Mobile App
Check
Yes
Desktop AppE*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Yes
Two-Factor Authentication Auth0 Guardian app, SMS, or Google Authenticator app
Forex Trading Yes (not available in TradeStation US)
Futures Trading$1.50 per contract, per side + fees (excluding bitcoin futures)$1.50 per Standard contract per side and $0.50 per Micro contract per side
Bond Trading 
Yes
CFD Trading Yes (CFD trading is not permitted in the US.)
Currency Trading Yes (not available in TradeStation US)
Customer Service
800-387-2331
Phone: 800-822-0512 | 954-652-7900
Monday - Friday: 8AM - 5PM ET
Live Chat
Email: Sales@TradeStation.com
Locations 
Online only
Online Community 
Yes
Seminars 
Yes
Trading Platform
Web Trading, Mobile Apps
Desktop, Web Trading, Mobile Apps, FuturesPlus
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

 TradeStation
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty Star
Trading PlatformStarStarStarStarStar
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Bottom LineOnline broker with one of the best user interfaces... Read full review
 Learn MoreVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

E*TRADE: Pricing information from published website as of 11/09/2024.

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

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing E*TRADE or Robinhood.


Articles on E*TRADE

ETrade Review for Beginners

E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.

Which Do You Think is Best?


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