ChoiceTrade vs TradeStation compared

ChoiceTrade

TradeStation

ChoiceTrade

4.1

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TradeStation

4.7

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Key differences

Deposit and withdrawal score
0.8
/5
Research score
2.9
/5
Markets and products score
2.3
/5

Deposit and withdrawal score
2.2
/5
Research score
4.3
/5
Markets and products score
3.2
/5

Recommended for

Investors and traders globally

Equity
4.1
/5

You can open an account in United States

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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score

4.1

Recommended for Stock and options traders looking for low trading fees and focusing on the US market

Overall Score

4.7

Recommended for Traders focusing on US markets and buy-and-hold investing

Best crypto broker

Country of origin

USA

Country of origin

USA

Fees

Fees score

3.9

Fees score

4.1

Fees summary

Low trading fees, high non-trading fees, low stock and ETF fees

Fees summary

Low trading fees, average non-trading fees, free stock and ETF trading for US customers

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score

0.8

Deposit and withdrawal score

2.2

Number of base currencies

Deposit type

Withdrawal type

Account opening

Account opening score

4.2

Account opening score

5.0

Account opening fully online

Minimum deposit

$100

Minimum deposit

Time to open account

1-3 days

Time to open account

1 day

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: utility bill

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill

Trading platform

Web platform score

1.5

Web platform score

3.8

Mobile platform score

3.5

Mobile platform score

4.8

Desktop platform score

2.8

Desktop platform score

2.3

Markets and products

Markets and products score

2.3

Markets and products score

3.2

Stocks

Fractional shares

ETFs

Forex

Funds

Bonds

Options

Futures

Crypto

CFDs

Research, education

Research score

2.9

Research score

4.3

Charting quality

Poor

Charting quality

Great

Education score

3.0

Education score

5.0

Demo account

Customer service

Customer service score

3.9

Customer service score

4.0

Phone

Live chat

24/7 availability

Security

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background

Listed on stock exchange

Foundation date

2000

Foundation date

1982

Country of regulation

USA

Country of regulation

USA

ChoiceTrade

For detailed information and hands-on experience, read our review of this broker.

Read Review

TradeStation

For detailed information and hands-on experience, read our review of this broker.

Read Review

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

ChoiceTrade's service is slightly weaker than TradeStation's and a comparison of their fees shows that ChoiceTrade's fees are similar to TradeStation's.

Account opening takes somewhat more effort at ChoiceTrade compared to TradeStation, deposit and withdrawal processes are more complicated at ChoiceTrade, while customer service quality is similar to TradeStation's.

Our experts rated the trading platform of ChoiceTrade as somewhat worse than the platform of TradeStation, found that clients have access to slightly less markets and products with ChoiceTrade, while TradeStation provides better research and education.

More alternatives to ChoiceTrade and TradeStation

ChoiceTrade vs TradeStation compared

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