TradeStation vs PrimeXBT

TradeStation vs PrimeXBT Comparison Table 2023
TradeStation Review 2023 PrimeXBT Review 2023
3.5

TradeStation is #13 in our CFD broker rankings.

4.1
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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.

PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker has become popular among new and experienced traders.

Bonus Offer
$100 Deposit Bonus
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

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." "PrimeXBT is great for investors looking to buy and trade derivatives on a wide range of cryptocurrencies. The brand is also a good pick for newer investors looking for copy trading."
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
  • Excellent platform and app which provide access to a mix of traditional and digital assets
  • High trust score with a secure track record and no client funds stolen
  • The long list of cryptos available provides plenty of trading opportunities
  • Demo trading competitions with cash prizes
  • Easy-to-use copy trading tool
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
  • BTC withdrawal fee
  • No regulatory oversight
  • No MetaTrader 4 integration
  • No telephone customer support
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
Instruments
Stocks, Futures, E-minis, CFD, Forex CFDs, Cryptos, Forex, Indices, Commodities, Futures
Demo Account
Yes Yes
Minimum Deposit
$500 $0
Trading Platforms
  • MT4
  • Own
Payment Methods
Minimum Trade
Min lot size will vary 0.01 Lots
Regulator
SEC
Margin Trading
No Yes
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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals. Once you have found a suitable trader you simply need to hit 'follow' to get started.
Social Trading
No Yes
Trade Signals
No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Stock Exchanges
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. Trade CFDs across four asset classes with leverage up to 1:1000. Beginners can also take advantage of the broker's useful technical analysis guides and CFD education, plus 24/7 in-platform support via live chat.
Leverage
1:20 1:1000
FTSE Spread
N/A Variable
GBPUSD Spread
N/A Variable
Oil Spread
0.06 pips Variable
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. Go long or short on 50 forex pairs including the EUR/USD and GBP/USD with zero commissions. There are plenty of opportunities to buy and sell currencies via margin or copy trading.
GBPUSD Spread
Variable Variable
EURUSD Spread
Variable Variable
EURGBP Spread
Variable Variable
Assets
26 45+
Cryptocurrency
Crypto trading not offered Trade popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Another bonus is that you can join 10,000+ traders in crypto trading contests with real prizes.
Spread
0.05% BTC, 0.05% ETH
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
More Comparisons
TradeStation
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PrimeXBT
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