TradeStation Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If TradeStation does not match your requirements we explain the top TradeStation alternatives and TradeStation competitors in this guide.
The best alternative for TradeStation is IC Markets or Roboforex.
When searching for a TradeStation alternative, there are a few things you need to check. The TradeStation trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top TradeStation alternatives and competitors feature by feature further below this TradeStation alternatives guide.
If you are looking for a trading platform that offers similar features to TradeStation or TradeStation. Or if you are looking for features that TradeStation does not offer that you require when trading, we will show you the best TradeStation alternative options below.
We highlight the pros and cons of each TradeStation alternative. Maybe you are looking for better customer service from a TradeStation alternative or more competitive TradeStation fees and more financial instruments to trade.
We have listed some reasons why TradeStation may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- TradeStation does not allow hedging (See brokers for Hedging here)
- TradeStation does not offer negative balance protection (See TradeStation alternatives who offer negative balance protection here)
- TradeStation does not offer Guaranteed Stop Loss (See TradeStation alternatives who offer Guaranteed Stop Loss here)
- TradeStation does not allow Scalping (See brokers for scalping here)
- STP accounts are not offered by TradeStation (Look here for TradeStation alternatives offering STP accounts)
- TradeStation does not offer MT4 (See TradeStation alternatives offering the MT4 trading platform here)
- MT5 is not offered by TradeStation (find TradeStation alternatives that offer the MT5 trading platform here)
- cTrader is not offered by TradeStation (find TradeStation alternatives offering the cTrader trading platform here)
- TradeStation does not offer VIP accounts (Check here for TradeStation alternatives offering VIP accounts)
- TradeStation have inactivity fees (See TradeStation alternatives who don’t have inactivity fees here)
- TradeStation have withdrawal fees (See TradeStation alternatives who don’t have withdrawal fees here)
Top TradeStation Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Desktop, Web Trading, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 7000 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 226,506+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), National Superintendence of Public Registries (SUNARP), Labuan Financial Services Authority (FSA), Mauritius Financial Service Commission (GB20025800) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature TradeStation alternative comparison, you can scroll further down here.
