Interactive Brokers vs TradeStation 2024
In this head to head comparison of Interactive Brokers vs TradeStation, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of Interactive Brokers vs TradeStation, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Interactive Brokers and TradeStation both offer robust platforms for diverse investment opportunities, yet there's a perceptible edge in favor of Interactive Brokers. With notable access to fractional shares, forex trading, and a modest selection of cryptocurrencies, Interactive Brokers excels, leading to its top placement by StockBrokers.com with a 5-star rating for investment options. Conversely, TradeStation, while comprehensive in several areas, like stock and futures trading, lacks in forex and cryptocurrency offerings, limiting its versatility. As a result, it holds a commendable 4.5-star rating, placing it at the fifth position among 18 brokers evaluated for investment options.
Investors seeking traditional forms of investment such as stock, options, and futures trading will find comprehensive services on both Interactive Brokers and TradeStation. Both brokers facilitate margin trading, access to OTC stocks, and mutual funds, providing a broad foundation for seasoned traders and beginners. Additionally, investors can open traditional or Roth IRA accounts with either broker, catering to clients interested in retirement planning.
Despite similarities in core investment offerings, the divergence lies in the newer or niche markets. Interactive Brokers provides fractional shares trading, making high-priced stocks accessible, and offers a competitive advantage with forex trading and access to four cryptocurrencies. TradeStation, lacking in these specific areas but equally robust in others, remains appealing to traders focused on stocks, OTC trades, and futures, catering well to those prioritizing traditional asset classes and structured financial products.
Feature |
Interactive Brokers
|
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 | Yes | No |
Crypto Trading - Total Coins | 4 | 0 |
Investment Options |
Dive deeper: Best Options Trading Platforms & Brokers, 5 Best Futures Trading Platforms of 2024
Interactive Brokers (IBKR) and TradeStation are both strong contenders in the world of online trading platforms, yet they cater to slightly different needs. Interactive Brokers takes the lead with an overall higher rating, receiving five stars from StockBrokers.com and ranking #1 among 18 brokers for its trading platforms and tools. TradeStation, while also highly rated at 4.5 stars and holding a respectable 7th place ranking, lacks the same breadth of features compared to IBKR. Interactive Brokers provides a more comprehensive platform environment, offering both Windows and Mac downloadable platforms and excelling with 659 fields for watch lists and 85 drawing tools for charting. While TradeStation offers more technical indicators for charting at 294 compared to IBKR's 155, it falls short in providing a Mac-compatible desktop platform and trading journal.
Both Interactive Brokers and TradeStation support Windows desktop downloadable platforms and deliver equally robust browser-based platforms alongside comprehensive paper trading capabilities. They enable users to adjust open orders directly on stock charts, add notes, and incorporate index overlays. However, IBKR sets itself apart by including a Mac downloadable option and offering a trading journal feature absent in TradeStation. With an impressive array of 659 watch list fields, versus TradeStation’s 341, IBKR stands out for traders who demand extensive data organization.
In charting tools, while TradeStation boasts a superior quantity of 294 technical indicators and supports customizable studies, Interactive Brokers offers substantially more drawing tools with 85 options. Both platforms permit the display of corporate events, automated technical analysis insights, and the saving of multiple chart profiles. Interactive Brokers, however, does not provide custom studies for charts unlike TradeStation. As a result, traders who prioritize in-depth technical analysis might lean towards TradeStation, despite its lack of certain features available with Interactive Brokers.
Feature |
Interactive Brokers
|
TradeStation
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | No |
Paper Trading | Yes | Yes |
Watch Lists - Total Fields | 659 | 341 |
Charting - Indicators / Studies | 155 | 294 |
Charting - Drawing Tools | 85 | 23 |
Platforms & Tools |
Dive deeper: Best Stock Brokers for 2024, Best Paper Trading Platforms of 2024
When comparing Interactive Brokers and TradeStation, Interactive Brokers excels in offering a comprehensive suite of educational resources aimed at beginner investors. Interactive Brokers distinguishes itself by providing a wide range of educational content, including stock, ETF, options, mutual fund, and bonds education, as well as unique features like educational quizzes and learning progress tracking. Additionally, Interactive Brokers supports investor growth through accessible educational videos and webinars, earning it an impressive 4.5-star rating and a ranking of 5th out of 18 brokers for education by StockBrokers.com.
TradeStation provides a respectable selection of educational resources, though it is more limited in scope compared to Interactive Brokers. While TradeStation offers stock and options education, as well as paper trading, educational videos, and webinars, it falls short in areas such as ETF, mutual funds, and bonds education. Furthermore, TradeStation lacks features like educational quizzes and progress tracking, which are valuable tools for guiding beginner investors. These limitations are reflected in its 3.5-star education rating and 11th place ranking by StockBrokers.com, making Interactive Brokers the more robust choice for comprehensive investor education.
Feature |
Interactive Brokers
|
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
Interactive Brokers and TradeStation both offer compelling mobile app experiences for stock trading, but there are key differences that make Interactive Brokers stand out. Interactive Brokers is ranked #1 out of 18 brokers by StockBrokers.com and earns a perfect 5-star rating, compared to TradeStation's 4.5 stars and #8 ranking. While both brokers provide comprehensive iPhone and Android apps, Interactive Brokers offers additional versatility with an Apple Watch app and features like mobile after-hours trading, streaming live TV, and videos on demand, which are not available with TradeStation. This makes Interactive Brokers a more robust choice for traders seeking a highly integrated, feature-rich experience on their mobile devices.
Both Interactive Brokers and TradeStation excel in core mobile app functionalities such as streaming quotes, mobile options trading, and stock alerts. They allow users to create and customize watch lists and charting capabilities include multiple time frames, along with after-hours charting. However, where Interactive Brokers shines is in the sheer number of technical studies it offers for charting; providing 97 options compared to TradeStation's 45, giving traders more tools for deep analysis on the go. Moreover, while neither broker offers the ability to display stock comparisons on charts, being able to customize watch list columns adds an extra layer of personalization for both.
When it comes to viewing flexibility, Interactive Brokers again outpaces TradeStation by allowing charts in landscape mode—something TradeStation does not support. For traders who rely heavily on real-time data and a wide array of technical indicators, Interactive Brokers' app offers superior customization and functionality that can be pivotal for informed trading decisions. Additionally, these features are seamlessly integrated across different devices, making Interactive Brokers a standout choice for traders who value convenience and advanced technology in a mobile trading app.
Feature |
Interactive Brokers
|
TradeStation
|
---|---|---|
iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | Yes |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 97 | 45 |
Mobile Trading Apps |
Dive deeper: Best Stock Trading Apps of 2024
When deciding between Interactive Brokers and TradeStation, investors may lean towards Interactive Brokers for its lower overall cost structure, making it appealing for cost-conscious traders. Both platforms offer a $0.00 minimum deposit and charge $0.00 for regular stock trades, creating an equal footing in these areas. However, Interactive Brokers distinguishes itself with significantly lower fees in several crucial areas, including no charges for IRA annual or closure fees, and no costs associated with account transfers or options exercises and assignments, unlike TradeStation, which imposes various fees in these categories.
Diving deeper into options trading costs, Interactive Brokers charges $0.65 per options contract, which is slightly higher compared to TradeStation's $0.60 fee per contract. Despite this minor difference in options contract fees, Interactive Brokers presents a substantial advantage in terms of options exercise fees and assignments, offering both at no charge, whereas TradeStation applies a fee of $14.95 for options exercises and $5.95 for options assignments. Consequently, active options traders might find Interactive Brokers more appealing in the long run, given its absence of additional options-related charges.
For those utilizing margin accounts, Interactive Brokers again takes the lead with more competitive rates. It maintains a consistent margin rate of 7.83% across various balance tiers, including those below $100,000, compared to TradeStation's higher rates, which start at 13.5% for balances below $25,000 and reduce to 12.5% for balances between $50,000 and $99,999. This more favorable margin rate structure can make a significant difference for traders who frequently leverage their positions. Therefore, Interactive Brokers stands out as the more cost-effective choice, providing lower and more inclusive fees across its services.
Feature |
Interactive Brokers
|
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 |
Dive deeper: Best Brokers for Free Stock Trading of 2024
Interactive Brokers and TradeStation are both highly capable platforms for day trading, each offering an array of tools that cater to the needs of active traders. Both brokers provide streaming time and sales for stocks, alongside direct market routing and ladder trading features, essential for executing precise and timely trades. Additionally, traders benefit from trading hotkeys for quick keyboard trade entry and access to level 2 quotes, which allow for more informed decision-making. While Interactive Brokers offers the advantage of streaming live TV, keeping traders updated with real-time news and insights, TradeStation lacks this feature, which may be a consideration for those who value integrated news streams.
In terms of strategy support, both Interactive Brokers and TradeStation excel by offering basic and advanced strategy backtesting, allowing traders to refine and optimize their trading techniques before committing real capital. Furthermore, they both provide a short locator tool for efficiently identifying shares available for shorting in real-time. Also noteworthy is the order liquidity rebate structure present in both platforms, providing maker/taker rebates that can prove to be cost-efficient for frequent traders. These similarities and differences underscore each platform's commitment to robust and versatile trading environments, catering to a range of strategic needs for day traders.
Feature |
Interactive Brokers
|
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 of 2024
For those prioritizing market research capabilities, Interactive Brokers clearly stands out as a superior choice compared to TradeStation. Offering comprehensive research across a wide range of financial instruments, including stocks, ETFs, mutual funds, and bonds, Interactive Brokers provides users with in-depth insights. It excels with unique offerings like downloadable PDF research reports and advanced tools such as social media sentiment data analysis and ESG research. Notably, Interactive Brokers achieves a five-star rating for market research and ranks second out of 18 brokers on StockBrokers.com, showcasing its commitment to delivering a top-tier research experience.
Interactive Brokers' market research capabilities are extensive, covering a variety of asset classes and offering detailed portfolio allocation views. With the ability to access 17 downloadable PDF reports for stocks and additional reports for ETFs and mutual funds, investors are well-equipped with valuable data-driven insights. The platform also stands out by offering stock, ETF, and bond screeners, which aid investors in exploring trade ideas efficiently. Furthermore, Interactive Brokers supports investors interested in socially responsible investing with its ESG research, reflecting a modern, comprehensive approach to market research.
In contrast, TradeStation offers basic research features, missing several key components found in Interactive Brokers. While TradeStation does provide stock and Pink Sheets/OTCBB research, as well as a stock screener, it falls short with limited coverage in other areas. Importantly, TradeStation does not offer research on mutual funds or bonds and lacks access to vital tools like ETF screeners and social media sentiment data for stock analysis. With a three-star rating and a 10th place ranking for market research by StockBrokers.com, TradeStation's offerings may not fulfill the needs of more research-focused investors.
Feature |
Interactive Brokers
|
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 |
In comparing the banking capabilities of online brokers Interactive Brokers and TradeStation, neither offers checking or savings accounts, highlighting a limited scope in traditional banking services. However, Interactive Brokers provides a slight edge with its offering of debit cards, a feature absent in TradeStation's lineup. Neither company extends credit cards or mortgage loans, reinforcing their primary focus on brokerage services rather than comprehensive banking solutions. Additionally, Interactive Brokers offers certificates of deposit (CDs), whereas TradeStation does not, providing an extra financial instrument for users seeking diverse investment avenues. Overall, Interactive Brokers presents marginally more banking amenities, particularly with its provision of debit cards and CDs, positioning it as a more versatile option in terms of banking-related offerings.
Feature |
Interactive Brokers
|
TradeStation
|
---|---|---|
Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | Yes | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | Yes | No |
Dive deeper: Best Bank Brokerages of 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Interactive Brokers is better than TradeStation. Interactive Brokers finished with an overall score of 93.5%, while TradeStation finished with a score of 81.7%.
Interactive Brokers is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates.
Interactive Brokers supports crypto trading with access to 4 different coins, while TradeStation currently does not offer any crypto trading options.
Dive deeper: Best Crypto Trading Platforms of 2024
When comparing IRA account options, Interactive Brokers and TradeStation both offer traditional and Roth IRA accounts, but differ in fees: Interactive Brokers charges no annual fee or closure fee, while TradeStation imposes a $35 annual fee and a $50 closure fee.
Dive deeper: Best IRA Accounts of 2024
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0 of 5Overall Rating | Interactive Brokers | TradeStation | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Customer Service | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Interactive Brokers Review | TradeStation Review |
Broker Screenshots | Interactive Brokers | TradeStation | |
---|---|---|---|
Trading Platform & Tools Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
Trading Fees | Interactive Brokers | TradeStation | |
---|---|---|---|
Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $0.00 | $0.01 | |
Mutual Fund Trade Fee | $14.95 | $14.95 | |
Options (Per Contract) | $0.65 | $0.60 | |
Futures (Per Contract) | $0.85 | $1.50 | |
Broker Assisted Trade Fee | $30 | $25 |
Margin Rates | Interactive Brokers | TradeStation | |
---|---|---|---|
Margin Rate Under $25,000 | 7.83% | 13.5% | |
Margin Rate $25,000 to $49,999.99 | 7.83% | 13.5% | |
Margin Rate $50,000 to $99,999.99 | 7.83% | 12.5% | |
Margin Rate $100,000 to $249,999.99 | 7.83% | 12.5% | |
Margin Rate $250,000 to $499,999.99 | 7.83% | 12.5% | |
Margin Rate $500,000 to $999,999.99 | 7.83% | 8% | |
Margin Rate Above $1,000,000 | 7.83% | 8% |
Account Fees | Interactive Brokers | 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) | $0.00 | $125.00 | |
Options Exercise Fee | $0.00 | $14.95 | |
Options Assignment Fee | $0.00 | $5.95 |
Investment Options | Interactive Brokers | 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 | 6 | 4 | |
Futures Trading | Yes | Yes | |
Forex Trading | Yes | No | |
Crypto Trading | Yes | No | |
Crypto Trading - Total Coins | 4 | 0 | |
Mutual Funds (No Load) | 10988 | 800 | |
Mutual Funds (Total) | 11456 | 4000 | |
Bonds (US Treasury) | Yes | Yes | |
Bonds (Corporate) | Yes | Yes | |
Bonds (Municipal) | Yes | Yes | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | No | No | |
International Countries (Stocks) | 33 | 0 |
Order Types | Interactive Brokers | 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 | Interactive Brokers | 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 | Interactive Brokers | 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 | Yes | Yes |
Stock App Features | Interactive Brokers | 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 | Interactive Brokers | TradeStation | |
---|---|---|---|
Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 97 | 45 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | No | No |
Trading Platforms | Interactive Brokers | TradeStation | |
---|---|---|---|
Active Trading Platform | Trader Workstation (TWS) | 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 | 659 | 341 |
Stock Chart Features | Interactive Brokers | TradeStation | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 155 | 294 | |
Charting - Drawing Tools | 85 | 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 | 6 | 12 | |
Charting - Custom Studies | No | Yes |
Day Trading | Interactive Brokers | 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 | Yes | Yes |
Research Overview | Interactive Brokers | 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 | Interactive Brokers | TradeStation | |
---|---|---|---|
Stock Research - PDF Reports | 17 | 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 | Interactive Brokers | 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 | Interactive Brokers | 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 | Interactive Brokers | TradeStation | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | Yes | Yes | |
Option Chains - Total Columns | 38 | 29 | |
Option Chains - Greeks | 12 | 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 | Interactive Brokers | TradeStation | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | Yes | No | |
Mortgage Loans | No | No |
Customer Service | Interactive Brokers | 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 | No | No |
Overall | Interactive Brokers | TradeStation | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Interactive Brokers Review | TradeStation Review |