Compare TradeStation vs Vanguard


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

TradeStation vs Vanguard
overall rating
4.7
4.3
overall pros
  • Great web and mobile trading platform
  • Low stock and ETF fees
  • High-quality educational tools
  • Some ETFs and mutual funds are free to trade
  • Easy account opening
  • Great mobile trading platform
overall cons
  • Not user-friendly deposit and withdrawal
  • No forex trading
  • Okayish customer service
  • Only US market covered
  • Basic research tools
  • High financing rates (margin rates)
fees
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Multiple fee structures to choose from
  • Withdrawal fee
  • Non-trading fees can be high
3.6
  • No inactivity fee
  • Free ETF trading
  • Some mutual funds and bonds are free to trade with
  • High margin rates
  • High fees for non-free mutual funds
account opening
5.0
  • Fast
  • Fully digital
  • User-friendly
  • Only USD accounts (unless you trade futures)
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slow account opening time
deposit and withdrawal
1.8
  • No deposit fee
  • Deposit and withdrawal in cryptocurrencies
  • Credit/Debit card not available
  • High fee for wire withdrawal
  • Only USD accounts (unless you trade futures)
2.4
  • No deposit fee
  • User-friendly
  • Free withdrawal (via ACH)
  • Credit/Debit card not available
  • $10 for wire transfer withdrawals
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
3.4
  • Clear fee report
  • Two-step (safer) login
  • Price alerts
  • Limited customizability (for charts, workspace)
  • Some features are hard to find
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited search functions
4.4
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • Options and bond trading are not available
desktop trading platform
2.5
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Two-step (safer) login
  • Not user-friendly
  • Poor search function
  • Poor design
markets and products
2.7
  • Stock
  • ETF
  • Fund
  • Options
  • Futures
  • Crypto
2.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
4.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Many add-on research tools are not free
2.5
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Limited set of research tools
customer service
2.5
  • Phone support
  • Live chat
  • No 24/7 support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
3.5
  • Educational videos
  • Fair production quality
  • No demo account
  • No trading platform tutorial videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • Parent company listed on stock exchange
  • No negative balance protection
  • Does not hold a banking license
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders focusing on US markets and buy-and-hold investing Long-term investors who are looking for great ETF and mutual fund offers
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