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TradeStation vs Revolut Trading: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 8, 2023

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

In this side-by-side comparison, we analyse TradeStation vs Revolut Trading 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
European beginner investors looking for quick exposure to US stocks

Revolut was created to disrupt the banking industry by reducing and removing fees associated with the traditional banking system.

It also offers other financial services, namely the possibility of buying US stocks, cryptocurrencies, and precious metals (Gold and Silver).

The quick access to investment products, combined with low commissions, remains the most engaging differential that enables Revolut to stand out from its competitors.

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

  • Simple trading platform
  • Easy account opening process
  • At least, one free trade per month
  • Low trading commissions
  • No inactivity fee

Cons

  • Low product offering (ETFs and other financial products are missing)
  • Investments not covered by the Financial Services Compensation Scheme
  • Annual custody fee of 0.12%
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TradeStation vs Revolut Trading: 2023 Comparison 2
  •  
  • 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).

  • Revolut TradingAsset 3
  • General Information
  • Founded in2019
  • Demo Account
  • Account Minimum€/£1
  • Interest on unninvested cash (annually)Revolut US: Up to 4.25% in USD; Revolut International: 0%
  • Products
  • Stocks
  • ETFs*Only for accounts under Revolut Securities Europe UAB.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksOne free trade per month**Afterwards, it varies according to your country of residency.
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • Cryptocurrencies1.99% or EUR 0.99, whichever is higher
  • Custody Fee0.12% annually
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£0
  • Currency Conversion Fee0% up to €/£1,000 per month**0.40% above the €/£1,000 of free allowance.
  • Security
  • RegulatorsSEC, FCA and FINRA.
  • Investor Compensation Scheme(per person, per institution)

    Doesn’t apply. More about it in “Revolut Safety and Regulation“.

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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