Are you confused about whether to choose TradeStation vs Scalable Capital as a broker for your investing needs?
In this side-by-side comparison, we analyse TradeStation vs Scalable Capital 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!
TradeStation vs Scalable Capital: In a Nutshell
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.
Commission-free savings plans
Scalable Capital is an online broker (“Do-it-yourself” service) and Europe’s largest Robo-Advisor.
They help investors invest in stocks, ETFs and cryptocurrencies by themselves and also help investors get a personalized, globally diversified, and fully managed portfolio.
It is regulated by the BaFin, the Federal Financial Supervisory Authority in Germany. It is supervised by both BaFin and the Deutsche Bundesbank.
Pros and Cons
TradeStation
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
Scalable Capital
Pros
- Stocks and ETFs commission-free (in PRIME Broker)
- €1 minimum deposit
- Interest on idle cash
- No custody fee
- Regulated by Bafin
Cons
- No access to US stock exchanges
- No fractional shares
- Limited crypto available
- €3.99 per trade on Xetra
TradeStation vs Scalable Capital: Side-by-side Comparison
- 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)
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.
