Tradestation vs Robinhood

If you are wondering if Tradestation is better than Robinhood, the answer is not always straightforward. Below we compare TradeStation vs. Robinhood, based on a variety of factors.

Tradestation Robinhood
Information tradestation logo Tradestation is a stable and reliable trading platform with great charting, order entry, and automation. Robinhood logoRobinhood have pioneered mobile trading in the US. They attempt to provide the cheapest share trading among all online trading platforms.
Good For: Active, Technical Traders Individual Taxable Accounts, Margin Trading
Founded: 1982 April 18, 2013
Headquarter: Plantation, Florida, United States Menlo Park, California, United States
Broker Type: Market Maker, DMA Broker-Dealer
U.S. Clients Allowed: Yes Yes
Available Outside U.S. Yes No
Demo Account: Yes Yes
Minimum Deposit: Any $100
Deposit Methods: Bank Transfer Bank Transfer (checking account)
Regulation: FINRA, SEC FINRA
Stocks: Yes Yes (U.S. Exchange-Listed Stocks)
Forex: No No
Commodities: No No
Cryptocurrencies: Yes (BTC, ETH, BCH, LTC, USDC) Litecoin, Dogecoin, Bitcoin SV, Bitcoin Cash, Bitcoin, Ethereum, Ethereum Classic
ADR: No Yes (for over 650 Globally-Listed Companies)
Options: Yes Yes (for U.S. Exchange-Listed Stocks and ETFs)
Mutual Funds: Yes No
ETFs: Yes U.S. Exchange-Listed Stocks
Binary Options: No No
Mobile Trading: Yes (iOS,Android) Yes (iOS,Android)
Proprietary Platform: Yes Yes
Desktop Platform: Yes No
cTrader: No No
DupliTrade: No No
MetaTrader 4: No No
MetaTrader 5: No No
Copy Trading: No No
Trading Signals: No No
Maximum Leverage: Margin Trading Margin %
Islamic Account: No Yes
Support Hours: Monday - Friday, 8:00am - 5:00pm 24/7
Phone Support: Yes No
Live Chat: Yes Social Media
Email Support: Yes Yes

Conclusion

Both brokers offer investors stocks, options, ETFs, and cryptocurrencies. The main difference between TradeStation and RobinHood is that TradeStation doesn't offer fractional shares, while Robinhood does.

About the author

Ziga Breznik is the owner and head of research at PublicFinanceInternational.org – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded PublicFinanceInternational.org as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.