Tradier Brokerage vs TradeStation

Tradier Brokerage vs TradeStation Comparison Table 2024
Tradier Brokerage	TradeStation
Review 3	Review 3.5

Tradier Brokerage is a US-headquartered and regulated broker specializing in stocks and options. The brand integrates with 100+ platforms, alongside its own customizable web solution, and has 1+ billion API calls per month. With low fees and margin rates, Tradier Brokerage has proven popular with active traders.	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.
Comment by Reviewer
"Tradier Brokerage is best suited to experienced investors looking for low costs in return for high trading volumes on stocks, options and ETFs."	"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
Commission-free stock and ETF trading plus low commissions for options Secure operations and protocols to protect against hacks, including 2FA Ability to customize platforms using APIs Low minimum investment requirement Social trading via third-party providers Diverse range of platform options Competitive margin rates Takeover queues 401k solutions	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
Complex platforms that aren't best for beginners Advanced services have additional charges High IRA and mutual fund fees No cash management accounts	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, ETFs, Futures, Options	CFDs, Forex, Stocks, Futures, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$0	$500
Trading Platforms
eSignal	MT4
Payment Methods
ACH Transfer Cheque Wire Transfer	ACH Transfer
Minimum Trade
0.01 Lots	Min lot size will vary
Regulator
SEC, FINRA	SEC
Margin Trading
Yes	No
Margin Rate
5.25
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
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS, Android and Windows
Copy Trading
No	No
Social Trading
Yes	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	USD EUR GBP CAD AUD JPY CHF
Stock Exchanges
Nasdaq New York Stock Exchange
Commodities
	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
GBPUSD Spread
	N/A
Oil Spread
	0.06 pips
Stocks Spread
	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

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