TradeStation vs PrimeXBT
TradeStation Review 2023 | PrimeXBT Review 2023 |
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3.5
TradeStation is #13 in our CFD broker rankings. |
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4.1
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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 | |
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 | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Futures, E-minis, CFD, Forex | CFDs, Cryptos, Forex, Indices, Commodities, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$500 | $0 |
Trading Platforms | |
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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 | |
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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 | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
TradeStation vs |
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