Overview of TradeStation fees and charges

It's safe to say that TradeStation's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use TradeStation even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of TradeStation's fees

TradeStation Fees snapshot
Assets Fee level Fee terms
US stock fee Low Commission-free up to the first 10,000 shares per trade for US clients. $5 per trade for non-US clients
EURUSD fee - Not available
US tech fund fee Average $14.95 per transaction
Inactivity fee Low $50 per year if your balance is less than $2,000 or if you make less than 5 trades per year

Visit broker

TradeStation fees
TradeStation fees explained

We compare TradeStation fees with its closest competitors, tastyworks and Interactive Brokers.

TradeStation fees
TradeStation trading fees

TradeStation's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at TradeStation.

Trading fees

TradeStation's trading fees are low.

Stock fees and ETF fees

TradeStation has low stock trading fees.

Stock fees of a $2,000 trade
TradeStation tastyworks Interactive Brokers
US stock $0.0 $0.0 $1.0
UK stock - - $3.4
German stock - - $3.0

Fund fees

TradeStation fund fees are average.

A $2,000 fund buy fees
TradeStation tastyworks Interactive Brokers
Mutual fund $15.0 - $15.0
EU mutual fund - - $4.4

Bond fees

TradeStation has low bond fees.

Bond fees of a $10,000 trade
TradeStation tastyworks Interactive Brokers
US Treasury bond $20.0 - $5.0
EU government bond - - $10.0

Options fees

TradeStation's options fees are low.

Stock index options fees of 10 contracts
TradeStation tastyworks Interactive Brokers
US stock index options $6.0 $7.5 $6.5
UK stock index options - - $19.2
German stock index options - - $16.8

Futures fees

TradeStation's futures fees are average.

Stock index futures fee of 10 contracts
TradeStation tastyworks Interactive Brokers
US micro e-mini stock index futures $15.0 $8.5 $2.5
UK stock index futures - - $19.2
German e-mini stock index futures - - $7.9

Financing rates

TradeStation financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

TradeStation yearly financing rates
TradeStation tastyworks Interactive Brokers
Apple CFD financing rate - - 5.3%
Vodafone CFD financing rate - - 4.5%
EURUSD financing rate - - 2.7%
EURGBP financing rate - - 2.1%

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

TradeStation fees
TradeStation non-trading fees

When it comes to looking at all the non-trading fees TradeStation is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at TradeStation that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how TradeStation stacks up in non-trading fees
TradeStation tastyworks Interactive Brokers
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee Yes No No
Account fee No No No

TradeStation fees
TradeStation deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and TradeStation is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods TradeStation offers.

TradeStation deposit methods
TradeStation tastyworks Interactive Brokers
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

TradeStation fees
TradeStation withdrawal fee

Unlike some online brokers we have reviewed TradeStation does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

TradeStation withdrawal fees and options compared
TradeStation tastyworks Interactive Brokers
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee with bank transfer $0 $0 $0

TradeStation fees
TradeStation inactivity fee

TradeStation does apply an inactivity fee and it is $50 per year if your balance is less than $2,000 or if you make less than 5 trades per year. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that TradeStation charges an inactivity fee makes it less ideal for you if you are a buy and hold investor.

TradeStation has low inactivity fee.

TradeStation tastyworks Interactive Brokers
Inactivity fee Yes No No
Inactivity fee $50 per year if your balance is less than $2,000 or if you make less than 5 trades per year No inactivity fee No inactivity fee

Read more about TradeStation inactivity fee on their own site.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Share

Comments

×