Our pick to buy stocks: SoFi Invest

- $0 commissions on stocks
- Robo advisor with no management fees
- Beginner-friendly platform
TradeStation is an online brokerage service that offers a professional-level trading experience with powerful trading technology. But its high minimum activity requirements, $150 account service fee and $50 inactivity fee may turn you off. Here are five alternatives that may be a better fit.
4.3 / 5 ★★★★★
Account types | Brokerage, Retirement |
---|---|
Annual fee | 0% |
Option trade fee | $0 + $0.65/contract, $1 minimum |
Available asset types | Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex, Treasury Bills |
Annual fee | 0% |
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4.4 / 5 ★★★★★
Account types | Brokerage, Retirement, Education, Custodial, Specialty |
---|---|
Annual fee | 0% |
Option trade fee | $0 + $0.65/contract, or $25 broker-assisted + $0.65/contract |
Available asset types | Stocks, Bonds, Options, Mutual funds, ETFs, Currencies, CDs, Futures, Forex, Treasury Bills |
Annual fee | 0% |
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4.7 / 5 ★★★★★
Account types | Brokerage, Retirement |
---|---|
Annual fee | 0% |
Option trade fee | $0 |
Available asset types | Stocks, Options, ETFs, Cryptocurrency |
Annual fee | 0% |
---|
4 / 5 ★★★★★
Account types | Brokerage |
---|---|
Annual fee | 0% |
Option trade fee | $0 |
Available asset types | Stocks, Options, ETFs, Cryptocurrency |
Annual fee | 0% |
---|
4 / 5 ★★★★★
Account types | Brokerage, Retirement, Robo-Advisor |
---|---|
Annual fee | 0.3% |
Option trade fee | $0 + $0.65/contract, or $25 + $0.65/contract for broker-assisted trades |
Available asset types | Stocks, Bonds, Options, Mutual funds, ETFs, Futures |
Annual fee | 0.3% |
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Here’s what makes TradeStation a unique trading platform and a few things to consider before signing up.
TradeStation uses the Automated Customer Account Transfer Service (ACATS) to transfer cash and securities electronically. So if you’re breaking up with TradeStation, you should expect to pay $125 to move your funds and close your current one. Steps include:
Note: You may not be able to transfer your old broker’s proprietary funds.
Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.
Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.
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