Scottrade vs Tradestation vs Etrade

Scottrade vs Tradestation vs Etrade

Tradestation vs Scottrade vs Etrade: Comparison Chart 2012
Broker Commissions Investment Products Trading Tools Customer Service Research
Scottrade Review $7
Tradestation Review $9.99
Etrade Review $9.99

Tradestation vs Scottrade vs Etrade: Brokers Review


We start our broker comparison with the most important factor for most people - investing costs. Scottrade is easily the best priced company among these online brokers, offering flat-rate $7 commission for stock and ETF trades. Etrade and Tradestation charge the same, very high $9.99 per trade rate.

Scottrade provides its clients with access to over 2,800 free mutual funds and not-free mutual funds are $17 per transaction. Tradestation is charging $15 for the mutual funds transactions. Etrade's price is $50.

TradeStation is known for one of the best trading platforms of all online brokers. The firm is targeting very active investors (daytraders) and it is the most popular among futures traders because of low futures commissions. Customers have to trade at least 5,000 shares or 50 options contracts a month to avoid very steep $99.95 monthly fee for using TradeStation Platform.

Scottrade is at the first spot when comparing customer service. Tradestation also got very high rating in this category. All discount brokerages in this comparison offer powerful trading tools that will satisfy most investors.

Since Scottrade created very easy to use trading screens and provides very helpful customer service, we believe it's one of the Best brokers for beginner investors.


Tradestation vs Scottrade vs Etrade: Summary


Because of much lower trading commissions, which could save investors thousands over the years, we recommend Scottrade over Tradestation and Etrade. Make sure to also read full, detailed reviews (containing brokerage promotional offers) for Scottrade (Scottrade Review), Tradestation (Tradestation Review) and Etrade (Etrade Review) before making final decision.


Recent articles

Online brokers promotions:
Copyright ©2009-2012 Brokerage-Review.com. All rights reserved.
The stock brokerage firm you select is solely responsible for its services to you, the user. Brokerage-Review.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage house's services. Brokerage-Review.com has partner relationships with other companies. As a partner, we often provide reviews of products and services based on our personal opinions. We are not compensated for positive reviews. While we strive to make sure that the information we present here is true and accurate upon publication, the rates and offers that we share with you may change without notice, so please visit the sites we reference for more up to date information.