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 |
|
|
| 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.
