Compare Alpaca Trading vs TradeStation Global


Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against TradeStation Global!

Alpaca Trading vs TradeStation Global
overall rating
4.6
4.7
overall pros
  • Great API trading service
  • Free stock & ETF trading
  • Fantastic charting tools
  • Low stock and ETF fees
  • Wide range of products
  • Fast customer service
overall cons
  • Customer support limited to email
  • Limited deposit and withdrawal options
  • Only US stocks and ETFs available
  • Only bank transfer allowed for deposit and withdrawal
  • Complicated account opening
  • Limited education materials
fees
4.9
  • Commission-free Stock and ETF Trading
  • No inactivity fee
  • No withdrawal fee
4.0
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High fund fees
account opening
4.8
  • Fast
  • Fully digital
  • No minimum deposit
  • Bit complex process for integrating third-party tools
2.8
  • Fast
  • Fully digital
  • $1,000 minimum deposit required for desktop platform
  • Not user-friendly
deposit and withdrawal
1.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
3.5
  • No deposit fee
  • Several account base currencies
  • No charge for the first withdrawal each month.
  • Credit/Debit card not available
web trading platform
3.7
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Poor search function
  • Limited customizability (for charts, workspace)
  • No price alerts
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Order confirmation
  • Poor search function
  • No price alerts
  • No Touch/Face ID login
3.8
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Overly complicated installation
markets and products
2.0
  • Stock
  • ETF
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
research
5.0
  • Access to highly functional API
  • Great charting tools
  • Data on asset fundamentals
  • No trading ideas
4.5
  • Good interactive chart
  • Trading ideas
  • Good set of analytical tools
  • Limited fundamental data
customer service
1.9
  • Great Slack and community forums
  • No phone support
  • No live chat
  • Mediocre email support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
2.5
  • Trading platform tutorial
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
recommended for Traders interested in algorithmic stock trading Traders and investors looking for low fees and a wide selection of products
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