Comparison Robinhood vs TradeStation

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Robinhood vs TradeStation. Which of them: Robinhood or TradeStation a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Robinhood on regular transactions of the stock exchange is commission-free, and TradeStation has a commission fee of 4. Let’s analyze the commission fees on trading options. Robinhood has a commission fee of commission-free, TradeStation has a commission fee of 5. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided to customers by Robinhood and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided by TradeStation. Concerning the platforms, Robinhood uses Web Platform, Android App, iOS App, while TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Robinhood was established in 2013 in United States, and it is regulated by SEC, FINRA. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from Robinhood with the help of Bank Wire, and its withdrawal fee is free. 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 withdrawal time for Robinhood is 5 days trading holding period for uninvested funds, and that one for TradeStation is 3-5 business days.

Overall, Robinhood boasts 3.4 stars versus TradeStation 3.8 stars.