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Compare Interactive Brokers vs TradeStation Global


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

Interactive Brokers vs TradeStation Global
overall rating
4.8 / 5.0
4.5 / 5.0
overall pros
  • Broad product portfolio
  • Low fees
  • Great and diverse research tools
  • Low trading fees
  • Wide range of products
  • Fast and relevant customer service
overall cons
  • Funding and withdrawal only through bank transfer
  • Complicated account opening process
  • Not user-friendly and complicated desktop trading platform
  • Not user-friendly deposit and withdrawal
  • Complicated account opening
  • Under-developed web trading platform
fees
4 stars
  • Low trading fees
  • Transparent fee structure
  • Inactivity fee
4 stars
  • Low financing rate
  • Withdrawal fee
  • $10 inactivity fee
account opening
3 stars
  • Fully digital account opening
  • No minimum deposit for most accounts
  • Slow account opening
  • Not user-friendly
  • Confusing messages throughout the process
2 stars
  • Fully digital account opening
  • Dedicated account manager
  • Not user-friendly
  • Slow account opening, 1-2 days
  • Minimum account balance is $5,000
deposit and withdrawal
2 stars
  • Several account base currencies
  • No charge for the first withdrawal each month
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
2 stars
  • Several account base currencies
  • No charge for the first withdrawal every month.
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
web trading platform
4 stars
  • User-friendly
  • Clear fee report
  • Two-step (safe) login
  • Limited customizability (for charts, workspace)
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Difficult to set the alerts
mobile trading platform
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
desktop trading platform
3 stars
  • Good variety of order types
  • Two-step (safe) login
  • Price alerts
  • Not user-friendly
  • Poor search function
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No clear fee report available
  • Poor search function
markets and products
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
research
4 stars
  • Good quality news flow
  • Good set of analytical tools
  • Fundamental data available
  • Not user-friendly
3 stars
  • Good interactive chart
  • Good quality news flow
  • No analyst recommendations for stocks, bonds, etc.
  • Limited fundamental data
customer service
4 stars
  • Live chat
  • Fast response time
  • Relevant answers
  • Email ticketing looks like from the 90's
4 stars
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7
education
5 stars
  • Demo account
  • Educational videos
  • Good production quality
  • Courses only available to members
0 stars
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Regulated by top tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
recommended for Traders who prefer low fees and a professional trading environment Traders looking for low fees and a lot of products