Online brokers compared for fees, trading platforms, safety and more. See how Royal stacks up against TradeStation!
Last update of data—Dec 2022
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
Recommended for traders focusing on US markets and buy-and-hold investing.
Royal
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
TradeStation
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
Recommended for traders focusing on US markets and buy-and-hold investing.
Royal's service is slightly weaker than TradeStation's and a comparison of their fees shows that Royal's fees are slightly higher than TradeStation's.
Account opening takes about the same effort at Royal compared to TradeStation, deposit and withdrawal processes are more seamless at Royal, while customer service quality is somewhat better than TradeStation's.
Our experts rated the trading platform of Royal as being of the same quality as the platform of TradeStation, found that clients have access to less markets and products with Royal, while TradeStation provides just about the same quality of research and education.
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.
Brokers displayed might not be available in United States.