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TradeStation vs Financial Spreads

TradeStation vs Financial Spreads Comparison Table 2024
TradeStation Financial Spreads
Review
3.5
Review
Not Yet Rated

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.

Financial Spreads is a UK-regulated broker offering spread betting and CFDs.

Comment by Reviewer
"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
  • 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
  • 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
CFDs, Forex, Stocks, Futures, Commodities Spread betting, CFDs
Demo Account
Yes Yes
Minimum Deposit
$500 £250
Trading Platforms
  • MT4
  • Own
Payment Methods
Minimum Trade
Min lot size will vary 0.01 Lots
Regulator
SEC FCA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No 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 yes
Copy Trading
No No
Social Trading
No No
Trade Signals
No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Commodities
CFD Trading
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. Buy and sell leveraged CFD contracts at Financial Spreads.
Leverage
1:20 1:30
FTSE Spread
N/A 0.8
GBPUSD Spread
N/A 0.9
Oil Spread
0.06 pips 3
Stocks Spread
0.2% Var variable
Forex Trading
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. Financial Spreads offers forex trading with 1:30 leverage.
GBPUSD Spread
Variable 0.9
EURUSD Spread
Variable 0.7
EURGBP Spread
Variable 0.8
Assets
26 30+
Cryptocurrency
Crypto trading not offered Trade three leading cryptocurrency coins.
Spread
From 1 pip
Coins
  • BTC
  • XRP
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Review
Review
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