Written by StockBrokers.com
In this head to head comparison of Charles Schwab vs TradeStation, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When evaluating investment choices, Charles Schwab and TradeStation both offer an impressive range of options, but there are distinct differences. Charles Schwab provides a broader array of services, including fractional shares trading and forex trading, which are features not available through TradeStation. Additionally, Charles Schwab offers advisor services that cater to investors seeking professional guidance, a service that TradeStation does not provide. These offerings contribute to Charles Schwab's superior ranking, securing a 5-star rating for investment options and positioning it as the #2 broker according to StockBrokers.com. In contrast, TradeStation, while still providing a robust selection of services and earning a respectable 4.5-star rating, sits at #5 in the same ranking, partly due to its absence in certain areas such as fractional shares and forex trading.
Both Charles Schwab and TradeStation facilitate stock and margin trading, mutual funds, options, and futures trading, making them viable choices for diverse investment portfolios. However, only Charles Schwab extends its offerings to include over-the-counter (OTC) stocks alongside its comprehensive advisor services, providing investors with a wider range of strategic options. This inclusion significantly enhances Charles Schwab's attractiveness among investors who benefit from an array of investment products and professional advisory support.
Despite their respective advantages in investment services, neither platform offers cryptocurrency trading, maintaining a consistent absence for investors interested in digital currencies. Both Charles Schwab and TradeStation allow for the establishment of traditional and Roth IRA accounts, reinforcing their appeal to retirement-focused investors. Ultimately, while both brokers offer compelling choices tailored to varying investor needs, Charles Schwab stands out for those seeking broader investment options and advisory services, whereas TradeStation remains a strong contender with its particular emphasis on a streamlined focus of core investment services.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Margin Trading | Yes | Yes |
| Fractional Shares | Yes | No |
| OTC Stocks | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Options Trading | Yes | Yes |
| Futures Trading | Yes | Yes |
| Crypto Trading | No | No |
| Crypto Trading - Total Coins | 0 | 0 |
| Investment Options |
|
|
Dive deeper: Best Options Trading Platforms for 2024, Best Futures Trading Platforms for 2024
In comparing trading platforms and tools between Charles Schwab and TradeStation, Schwab takes a slight edge with its higher customer rating of 5 stars and second-place ranking out of 18 brokers by StockBrokers.com, whereas TradeStation lags slightly behind with a 4.5-star rating and a seventh-place rank. Charles Schwab offers comprehensive platforms compatible with both Windows and Mac, while TradeStation lacks a Mac version. Both brokers provide browser-based trading and support for paper trading. However, Schwab outshines with several more advanced features, including an extensive 580 fields for watch lists, compared to TradeStation's 341, and a robust 374 technical indicators for charting versus TradeStation's 294. Additionally, Schwab offers 35 customization fields when editing an SMA study for a stock chart, a stark contrast to TradeStation’s 12.
Charles Schwab and TradeStation both provide dynamic trading tools, allowing the adjustment of open orders directly on stock charts, as well as the addition of notes, index overlays, and the display of corporate events like earnings, splits, and dividends. Furthermore, each broker supports automated technical analysis and the ability to save multiple chart profiles, showing the commitment to offering comprehensive charting capabilities. Yet, Schwab takes the lead again with a slightly higher number of drawing tools, offering 24 compared to TradeStation's 23. A notable difference between the two platforms is the trading journal feature; Schwab provides it, while TradeStation does not, offering users of Schwab a more in-depth analysis of their trading patterns.
Both brokers excel in offering customizable and advanced charting tools, with the capacity to set custom date ranges and create custom studies for charts. However, Schwab's ability to manage a larger volume of data fields and customization options potentially makes it a better fit for traders seeking detailed and flexible trading tools. In conclusion, while both Charles Schwab and TradeStation offer reliable and innovative trading platforms, Schwab's broader array of tools and higher ranking in industry reviews make it the more attractive option for traders seeking an extensive suite of trading features.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Mac) | Yes | No |
| Paper Trading | Yes | Yes |
| Watch Lists - Total Fields | 580 | 341 |
| Charting - Indicators / Studies | 374 | 294 |
| Charting - Drawing Tools | 24 | 23 |
| Platforms & Tools |
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Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024
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When it comes to investor education for beginners, Charles Schwab and TradeStation both provide valuable resources but differ significantly in their breadth of offerings. Charles Schwab excels by offering a comprehensive array of educational content, covering stocks, ETFs, options, mutual funds, and bonds. Additionally, Schwab enriches the learning experience with a variety of tools, such as paper trading, educational videos, webinars, quizzes, and progress tracking. In contrast, TradeStation provides stock, options education, and complements this with paper trading, educational videos, and webinars, yet it lacks resources on ETFs, mutual funds, bonds, quizzes, and the ability to track learning progress.
Both brokers are recognized for their commitment to education, but their ratings and rankings differ notably. Charles Schwab boasts a superior 5-star education rating, placing it at an impressive 4th out of 18 brokers according to StockBrokers.com. Meanwhile, TradeStation holds a 3.5-star rating and ranks 11th. For beginner investors seeking a robust and diverse educational foundation, Charles Schwab presents a more comprehensive platform, while TradeStation remains a solid option for those focused more narrowly on stocks and options.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | No |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | No |
| Education (Bonds) | Yes | No |
| Paper Trading | Yes | Yes |
| Videos | Yes | Yes |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
When comparing Charles Schwab and TradeStation's stock trading apps, it's evident that Charles Schwab edges out with a more extensive feature set and higher ratings. Charles Schwab is ranked fourth among 18 brokers and boasts a perfect five-star rating for its app, offering diversified capabilities such as mobile after-hours trading and streaming live TV. TradeStation, while robust and popular with a 4.5-star rating, does not support certain features like an Apple Watch app or live video streaming, ranking it eighth among its peers.
Both Charles Schwab and TradeStation provide iPhone and Android apps, along with essential tools like mobile options trading and customizable watch lists. However, Charles Schwab further differentiates itself by offering a breadth of 373 technical studies for mobile charting compared to TradeStation's 45. Additionally, Schwab supports landscape mode charting and stock comparisons, facilitating a more comprehensive trading experience.
TradeStation, however, holds its own by offering after-hours charting capabilities, which Charles Schwab lacks. Both platforms excel in providing stock alerts and the ability to create custom watch lists and watch list columns, catering to users seeking personalized trading environments. Though there are unique strengths, Charles Schwab's broader functionalities like streaming quotes and videos on demand position it as a more versatile choice for modern traders.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | Yes | No |
| Stock Alerts | Yes | Yes |
| Charting - After-Hours | No | Yes |
| Charting - Technical Studies | 373 | 45 |
| Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2024
When choosing between Charles Schwab and TradeStation for online trading, consider their fee structures and associated charges as a pivotal factor. Both platforms offer a $0 minimum deposit and no commission on regular stock trades, making them attractive options for traders looking to start with minimal capital. However, distinctions arise in options trading and any potential account maintenance fees. For instance, Charles Schwab charges slightly more per options contract at $0.65 compared to TradeStation's $0.60, but compensates with zero fees for IRA handling and most account transfer services. On the other hand, TradeStation enforces an annual IRA fee of $35 and higher charges for account transfers and options exercises, potentially impacting frequent traders or those managing multiple accounts. Ultimately, your choice might hinge on whether lower per-trade costs or minimal maintenance fees align better with your trading approach and financial habits.
Both Charles Schwab and TradeStation offer competitive rates for regular stock trades, allowing investors to engage without incurring additional costs. The minimum deposit for both platforms stands at a welcoming $0, ensuring easy market entry. When it comes to options trading, TradeStation slightly edges out with a lower per-contract fee of $0.60 over Schwab's $0.65. However, Charles Schwab's advantages shine when moving or closing accounts; it does not charge an IRA annual fee, closure fee, or for most account transfer actions, barring a full account transfer, which costs $50. In contrast, TradeStation applies various fees, including a $50 IRA closure fee and $125 for full account transfers.
For those utilizing margin trading, Charles Schwab and TradeStation offer varying rates depending on the margin balance. TradeStation provides a lower rate of 13.0% for balances below $50,000, while Charles Schwab charges 13.575% and 13.075% for balances below $25,000 and between $25,000 and $49,999, respectively. For balances between $50,000 and $99,999, Schwab's rate decreases to 12.125%, which is more competitive against TradeStation's 12.5%. It's notable that Schwab eliminates charges for options exercises and assignments, a realm where TradeStation demands $14.95 and $5.95, respectively. Such differences underscore potential cost savings with Schwab in terms of fees unrelated directly to trade execution.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.60 |
| Options Exercise Fee | $0.00 | $14.95 |
| Options Assignment Fee | $0.00 | $5.95 |
| IRA Annual Fee | $0.00 | $35.00 |
| IRA Closure Fee | $0.00 | $50.00 |
| Commissions & Fees |
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|
Dive deeper: Best Free Trading Platforms for 2024
When comparing Charles Schwab and TradeStation for day trading capabilities, both platforms offer a robust set of tools and features suitable for active traders. Charles Schwab offers streaming time and sales for stocks, streaming live TV, direct market routing, ladder trading, trading hotkeys, level 2 quotes, basic and advanced strategy backtesting, and a short locator tool for real-time share availability. However, it doesn't provide order liquidity (maker/taker) rebates. In contrast, TradeStation matches many of Schwab's offerings, including streaming time and sales, direct market routing, ladder trading, trading hotkeys, level 2 quotes, basic and advanced strategy backtesting, and a short locator tool, but it lacks streaming live TV. A notable advantage for TradeStation is its provision of order liquidity (maker/taker) rebates, making it an attractive option for those looking to optimize trading costs.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Streaming Time & Sales | Yes | Yes |
| Streaming TV | Yes | No |
| Direct Market Routing - Stocks | Yes | Yes |
| Level 2 Quotes - Stocks | Yes | Yes |
| Trade Ideas - Backtesting | Yes | Yes |
| Trade Ideas - Backtesting Adv | Yes | Yes |
| Short Locator | Yes | Yes |
Dive deeper: Best Day Trading Platforms for 2024
When analyzing market research capabilities, Charles Schwab undeniably stands out, achieving a five-star rating and a top position from StockBrokers.com among 18 brokers. In comparison, TradeStation, while competent, falls behind with a three-star rating, ranking tenth in the same assessment. This reflects Charles Schwab's more comprehensive offering of research tools and downloadable resources, making it an excellent choice for investors keen on thorough market analysis.
Charles Schwab demonstrates superior coverage with research available for stocks, ETFs, Pink Sheets, OTCBB, bonds, and mutual funds, while TradeStation omits mutual funds and bonds research. Furthermore, Charles Schwab incorporates innovative features like social media sentiment analysis and ESG research, which are absent from TradeStation's toolkit. Schwab also provides seven downloadable PDF research reports for stocks and additional reports for ETFs and mutual funds, whereas TradeStation offers none.
Both platforms do offer valuable portfolio allocation insights and stock screeners for trade ideas. However, Charles Schwab enhances its market research prowess with ETF, mutual fund, and bond screeners, which TradeStation lacks. This extensive suite of tools and reports ensures that Charles Schwab remains a top recommendation for investors seeking depth and variety in their market research endeavors.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | Yes | No |
| Research - Mutual Funds | Yes | No |
| Screener - Mutual Funds | Yes | No |
| Research - Bonds | Yes | No |
| Screener - Bonds | Yes | No |
| Research |
|
|
When comparing the banking capabilities of Charles Schwab and TradeStation, Charles Schwab stands out as the more comprehensive option for those seeking a full-service banking experience alongside their online brokerage services. Charles Schwab offers an extensive range of banking products, including checking and savings accounts, as well as debit and credit cards to facilitate everyday financial management. Additionally, Charles Schwab provides mortgage loans and Certificates of Deposit (CDs), further expanding its suite of financial services. In contrast, TradeStation focuses purely on trading and does not offer any standard banking products such as checking or savings accounts, debit or credit cards, mortgage loans, or CDs. Thus, individuals looking for integrated investment and banking solutions would likely find Charles Schwab to be a superior choice.
| Feature |
Charles Schwab
|
TradeStation
|
|---|---|---|
| Checking Accounts | Yes | No |
| Savings Accounts | Yes | No |
| Debit Cards | Yes | No |
| Credit Cards | Yes | No |
| Mortgage Loans | Yes | No |
| CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Charles Schwab is better than TradeStation. Charles Schwab finished with an overall score of 96.6%, while TradeStation finished with a score of 81.7%.
With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking research and commentary and a client experience to fit any preference.
Both Charles Schwab and TradeStation do not offer crypto trading, providing zero coins for cryptocurrency transactions to their users, making them equally non-viable options for investors seeking to engage in crypto trading.
Dive deeper: Best Online Brokers for Crypto Trading in 2024
Both Charles Schwab and TradeStation offer traditional and Roth IRA accounts, but Charles Schwab stands out with no annual or closure fees, whereas TradeStation charges a $35 annual fee and a $50 closure fee for IRA accounts.
Dive deeper: Best IRA Accounts for 2024
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0 of 5| Overall Rating | Charles Schwab | TradeStation | |
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| Review | Charles Schwab Review | TradeStation Review |
| Broker Screenshots | Charles Schwab | TradeStation | |
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| Trading Fees | Charles Schwab | TradeStation | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | $6.95 | $0.01 | |
| Mutual Fund Trade Fee | Varies | $14.95 | |
| Options (Per Contract) | $0.65 | $0.60 | |
| Futures (Per Contract) | $2.25 | $1.50 | |
| Broker Assisted Trade Fee | $25 | $25 |
| Margin Rates | Charles Schwab | TradeStation | |
|---|---|---|---|
| Margin Rate Under $25,000 | 13.575% | 13.0% | |
| Margin Rate $25,000 to $49,999.99 | 13.075% | 13.0% | |
| Margin Rate $50,000 to $99,999.99 | 12.125% | 12.5% | |
| Margin Rate $100,000 to $249,999.99 | 12.075% | 12.0% | |
| Margin Rate $250,000 to $499,999.99 | 11.825% | 12.0% | |
| Margin Rate $500,000 to $999,999.99 | Varies | 7.5% | |
| Margin Rate Above $1,000,000 | Varies | 7.5% |
| Account Fees | Charles Schwab | TradeStation | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $35.00 | |
| IRA Closure Fee | $0.00 | $50.00 | |
| Account Transfer Out (Partial) | $0.00 | $125.00 | |
| Account Transfer Out (Full) | $50.00 | $125.00 | |
| Options Exercise Fee | $0.00 | $14.95 | |
| Options Assignment Fee | $0.00 | $5.95 |
| Investment Options | Charles Schwab | TradeStation | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Margin Trading | Yes | Yes | |
| Fractional Shares | Yes | No | |
| OTC Stocks | Yes | Yes | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 4 | |
| Futures Trading | Yes | Yes | |
| Forex Trading | Yes | No | |
| Crypto Trading | No | No | |
| Crypto Trading - Total Coins | 0 | 0 | |
| Mutual Funds (No Load) | 15163 | 800 | |
| Mutual Funds (Total) | 18145 | 4000 | |
| Bonds (US Treasury) | Yes | Yes | |
| Bonds (Corporate) | Yes | Yes | |
| Bonds (Municipal) | Yes | Yes | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | No | |
| International Countries (Stocks) | 12 | 0 |
| Order Types | Charles Schwab | TradeStation | |
|---|---|---|---|
| Order Type - Market | Yes | Yes | |
| Order Type - Limit | Yes | Yes | |
| Order Type - After Hours | Yes | Yes | |
| Order Type - Stop | Yes | Yes | |
| Order Type - Trailing Stop | Yes | Yes | |
| Order Type - OCO | Yes | Yes | |
| Order Type - OTO | Yes | Yes | |
| Order Type - Broker Assisted | Yes | Yes |
| Beginners | Charles Schwab | TradeStation | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | No | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | No | |
| Education (Bonds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Retirement Calculator | Yes | No | |
| Investor Dictionary | Yes | No | |
| Paper Trading | Yes | Yes | |
| Videos | Yes | Yes | |
| Webinars | Yes | Yes | |
| Webinars (Archived) | Yes | Yes | |
| Progress Tracking | Yes | No | |
| Interactive Learning - Quizzes | Yes | No |
| Stock Trading Apps | Charles Schwab | TradeStation | |
|---|---|---|---|
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Apple Watch App | Yes | No | |
| Trading - Stocks | Yes | Yes | |
| Trading - After-Hours | Yes | Yes | |
| Trading - Simple Options | Yes | Yes | |
| Trading - Complex Options | Yes | Yes | |
| Order Ticket RT Quotes | Yes | Yes | |
| Order Ticket SRT Quotes | No | Yes |
| Stock App Features | Charles Schwab | TradeStation | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | Yes | No | |
| Videos on Demand | Yes | No | |
| Stock Alerts | Yes | Yes | |
| Option Chains Viewable | Yes | Yes | |
| Watch List (Real-time) | Yes | Yes | |
| Watch List (Streaming) | Yes | Yes | |
| Watch Lists - Create & Manage | Yes | Yes | |
| Watch Lists - Column Customization | Yes | Yes |
| Stock App Charting | Charles Schwab | TradeStation | |
|---|---|---|---|
| Charting - After-Hours | No | Yes | |
| Charting - Can Turn Horizontally | Yes | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 373 | 45 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | Yes | No |
| Trading Platforms | Charles Schwab | TradeStation | |
|---|---|---|---|
| Active Trading Platform | thinkorswim | TradeStation 10 | |
| Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Mac) | Yes | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | Yes | Yes | |
| Trade Journal | Yes | No | |
| Watch Lists - Total Fields | 580 | 341 |
| Stock Chart Features | Charles Schwab | TradeStation | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | Yes | |
| Charting - Indicators / Studies | 374 | 294 | |
| Charting - Drawing Tools | 24 | 23 | |
| Charting - Notes | Yes | Yes | |
| Charting - Index Overlays | Yes | Yes | |
| Charting - Historical Trades | Yes | Yes | |
| Charting - Corporate Events | Yes | Yes | |
| Charting - Custom Date Range | Yes | Yes | |
| Charting - Custom Time Bars | Yes | Yes | |
| Charting - Automated Analysis | Yes | Yes | |
| Charting - Save Profiles | Yes | Yes | |
| Trade Ideas - Technical Analysis | Yes | Yes | |
| Charting - Study Customizations | 35 | 12 | |
| Charting - Custom Studies | Yes | Yes |
| Day Trading | Charles Schwab | TradeStation | |
|---|---|---|---|
| Streaming Time & Sales | Yes | Yes | |
| Streaming TV | Yes | No | |
| Direct Market Routing - Stocks | Yes | Yes | |
| Ladder Trading | Yes | Yes | |
| Trade Hotkeys | Yes | Yes | |
| Level 2 Quotes - Stocks | Yes | Yes | |
| Trade Ideas - Backtesting | Yes | Yes | |
| Trade Ideas - Backtesting Adv | Yes | Yes | |
| Short Locator | Yes | Yes | |
| Order Liquidity Rebates | No | Yes |
| Research Overview | Charles Schwab | TradeStation | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | No | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | No | |
| Screener - Mutual Funds | Yes | No | |
| Screener - Bonds | Yes | No | |
| Misc - Portfolio Allocation | Yes | Yes |
| Stock Research | Charles Schwab | TradeStation | |
|---|---|---|---|
| Stock Research - PDF Reports | 7 | 0 | |
| Stock Research - Earnings | Yes | No | |
| Stock Research - Insiders | Yes | No | |
| Stock Research - Social | Yes | No | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | Yes | No | |
| Stock Research - SEC Filings | Yes | No |
| ETF Research | Charles Schwab | TradeStation | |
|---|---|---|---|
| ETFs - Strategy Overview | Yes | No | |
| ETF Fund Facts - Inception Date | Yes | No | |
| ETF Fund Facts - Expense Ratio | Yes | No | |
| ETF Fund Facts - Net Assets | Yes | No | |
| ETF Fund Facts - Total Holdings | Yes | No | |
| ETFs - Top 10 Holdings | Yes | No | |
| ETFs - Sector Exposure | Yes | No | |
| ETFs - Risk Analysis | Yes | No | |
| ETFs - Ratings | Yes | No | |
| ETFs - Morningstar StyleMap | Yes | No | |
| ETFs - PDF Reports | Yes | No |
| Mutual Fund Research | Charles Schwab | TradeStation | |
|---|---|---|---|
| Mutual Funds - Strategy Overview | Yes | No | |
| Mutual Funds - Performance Chart | Yes | No | |
| Mutual Funds - Performance Analysis | Yes | No | |
| Mutual Funds - Prospectus | Yes | No | |
| Mutual Funds - 3rd Party Ratings | Yes | Yes | |
| Mutual Funds - Fees Breakdown | Yes | No | |
| Mutual Funds - Top 10 Holdings | Yes | No | |
| Mutual Funds - Asset Allocation | Yes | No | |
| Mutual Funds - Sector Allocation | Yes | No | |
| Mutual Funds - Country Allocation | Yes | No | |
| Mutual Funds - StyleMap | Yes | No |
| Options Trading | Charles Schwab | TradeStation | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | Yes | |
| Option Chains - Total Columns | 31 | 29 | |
| Option Chains - Greeks | 5 | 5 | |
| Option Chains - Quick Analysis | Yes | Yes | |
| Option Analysis - P&L Charts | Yes | Yes | |
| Option Probability Analysis | Yes | Yes | |
| Option Probability Analysis Adv | Yes | Yes | |
| Option Positions - Greeks | Yes | Yes | |
| Option Positions - Greeks Streaming | Yes | Yes | |
| Option Positions - Adv Analysis | Yes | Yes | |
| Option Positions - Rolling | Yes | Yes | |
| Option Positions - Grouping | Yes | Yes |
| Banking | Charles Schwab | TradeStation | |
|---|---|---|---|
| Bank (Member FDIC) | Yes | No | |
| Checking Accounts | Yes | No | |
| Savings Accounts | Yes | No | |
| Credit Cards | Yes | No | |
| Debit Cards | Yes | No | |
| Mortgage Loans | Yes | No |
| Customer Service | Charles Schwab | TradeStation | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | Yes | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | Yes | Yes | |
| Live Chat (Prospect Customers) | No | Yes | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | Yes | No |
| Overall | Charles Schwab | TradeStation | |
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| Review | Charles Schwab Review | TradeStation Review |
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