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TradeStation vs AJ Bell: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 8, 2023

Are you confused about whether to choose TradeStation vs AJ Bell as a broker for your investing needs?

In this side-by-side comparison, we analyse TradeStation vs AJ Bell to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Ideal for
US investors looking for commission-free trades

TradeStation is a comprehensive online brokerage platform designed for active traders and investors, giving you a wide range of tradable assets (stocks, ETFs, options, futures, and forex),

One of the standout features of TradeStation is its robust trading technology. The platform provides access to real-time market data, customizable charting tools, and advanced order execution options.

The platform offers a wide range of educational resources, including webinars, tutorials, and a vibrant online community where traders can exchange ideas and insights.

Ideal for
Pension plans in the UK

AJ Bell is a prominent investment platform and wealth management company based in the United Kingdom. It offers stocks, ETFs, funds, and pensions.

One of AJ Bell’s key strengths lies in its transparent and competitive fee structure. The company aims to provide cost-effective investment solutions, offering investors access to a range of low-cost options.

AJ Bell places a strong emphasis on customer service and support. Besides, it is regulated by the Financial Conduct Authority (FCA).

Pros and Cons

Pros

  • 0% commissions on stocks and ETFs
  • Low commission on options trading
  • Good research and education tools
  • Sophisticated trading platforms

Cons

  • Minimum deposit of $500
  • High fees on withdrawal
  • Weak customer support

Pros

  • User-Friendly Platform
  • Good customer service
  • Transparent fee structure
  • Regular educational content

Cons

  • Limited Product Range (no forex, options and futures)
  • Low technical data
Tradestation logo
aj bell logo
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • TradeStationAsset 3
  • General Information
  • Founded in1982
  • Demo Account
  • Account Minimum$500
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks$0
  • EU stocksNot Applicable
  • ETFs$0
  • Cryptocurrencies-
  • Custody Fee-
  • Inactivity Fee-
  • Withdrawal Fee-
  • Connectivity Fee-
  • Currency Conversion Fee-
  • Security
  • RegulatorsSEC and FINRA
  • Investor Compensation Scheme(per person, per institution)

    Up to $500,000 for assets (of which up to $250,000 is for cash).

  • AJ BellAsset 3
  • General Information
  • Founded in1995
  • Demo Account
  • Account Minimum£0
  • Interest on unninvested cash (annually)GBP: Up to 5.70%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks£9.95
  • EU stocks£9.95
  • ETFs£9.95
  • CryptocurrenciesNot Applicable
  • Custody Fee0.25% per annuam (max. £42)
  • Inactivity Fee£0
  • Withdrawal Fee£0
  • Connectivity Fee£0
  • Currency Conversion Fee-
  • Security
  • RegulatorsFCA
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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