E-Trade vs TradeStation

E-Trade vs TradeStation Comparison Table 2023
E-Trade Review 2023	TradeStation Review 2023
Review 3.3 E-Trade is #36 in our broker rankings.	Review 3.5 TradeStation is #13 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
E-trade is a one-stop shop that provides both investment and trading opportunities to clients through four proprietary platforms and apps. The firm has decades of experience and is authorized by the SEC. Investors can benefit from ready-made portfolios or open a do-it-yourself account to choose from stocks, funds, ETFs, futures and bonds; traders can access margin trading on stocks, options and futures.	TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders.
Bonus Offer
Commission Free Trades
Comment by Reviewer
"E-trade provides great service to anyone who wants to grow their wealth both through long-term investments and shorter-term trading, thanks to a diverse and flexible range of products. "	"TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders."
Pros
Trade US stocks, ETFs and mutual funds with no commissions Build an investment portfolio and trade stocks and derivatives through one broker Good selection of extra features including data feed with input from leading third-party providers Regulated by top US organizations including the SEC Competitive fees and a transparent pricing structure Very diverse range of assets to invest and trade	Reputable brand with oversight from top US regulators Powerful trading platform with desktop, webtrader and mobile app Support for third-party platform add-ons Fast and responsive customer service Quick, straightforward account setup Competitive commissions on US stocks
Cons
High commissions on some products High threshold to qualify for the pro platform No fractional shares No demo account No forex trading	Limited ETF options with no commission-free ETFs Expensive subscription fees for many add-ons Pricing disadvantages less active traders Limited free data and in-depth research
Instruments
Stocks, Futures, E-minis, Options	Stocks, Futures, E-minis, CFD, Forex
Demo Account
Yes	Yes
Minimum Deposit
$500	$500
Trading Platforms
MT4	MT4
Payment Methods
Apple Pay Automated Customer Account Transfer Service Cheque Credit Card PayPal Western Union Wire Transfer	ACH Transfer
Minimum Trade
$10	Min lot size will vary
Regulator
SEC	SEC
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android and Windows	iOS, Android and Windows
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
	USD EUR GBP CAD AUD JPY CHF
Stock Exchanges
Chicago Mercantile Exchange
Commodities
Soybeans	Soybeans
CFD Trading
CFD trading not offered	Trade CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order.
Leverage
	1:20
FTSE Spread
N/A	N/A
GBPUSD Spread
N/A	N/A
Oil Spread
0.06 pips	0.06 pips
Stocks Spread
0.2% Var	0.2% Var
Forex Trading
Forex trading not offered	Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions.
GBPUSD Spread
	Variable
EURUSD Spread
	Variable
EURGBP Spread
	Variable
Assets
	26

Review	Review
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E-Trade vs	TradeStation vs