Comparison Plus500 vs TradeStation
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Plus500 vs TradeStation. Is Plus500 or TradeStation a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Plus500 has a commission fee of from 0.45%, and TradeStation has a commission fee of $0.00. Let’s analyze the commission fees on trading options. Plus500 has a commission fee of from 2 pips, TradeStation has a commission fee of $0.60 per contract. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Plus500 provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading, and TradeStation provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading. Concerning the platforms, Plus500 uses Web Platform, Android App, iOS App, while TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. And TradeStation was founded in 1982 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from Plus500 with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. And TradeStation provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $35 for US domestic withdrawals. The time for withdrawal in Plus500 is 1-2 working days, and that one in TradeStation is 3-5 business days.
Overall, Plus500 boasts 4 stars versus TradeStation 3.8 stars.