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TradeStation vs XTB: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 8, 2023

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

In this side-by-side comparison, we analyse TradeStation vs XTB 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.

TradeStation vs XTB: 2023 Comparison 1
Visit XTBAsset 3

79% of retail CFD account lose money.

Ideal for
Commission-free ETFs and CFDs trading

XTB is a well-known online broker listed on the Warsaw Stock Exchange. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, and exceptional customer service.

xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages and volume. Navigation is simple, with an intuitive order placing for any asset class.

On the negative side, XTB has a limited product portfolio and charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days).

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

  • Free stocks trading (only applicable to some EU countries)
  • Customizable trading platform (charts and workspace)
  • Low Forex Spreads
  • Demo account
  • No minimum account deposit
  • Valuable education materials
  • Top-tier Regulators

Cons

  • Complex trading platform for a beginner
  • High Stock CFD fees
  • Limited product portfolio
  • Withdrawal fees for transfers below $100
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
Tradestation logo
TradeStation vs XTB: 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).

  • XTBAsset 3

    79% of retail CFD account lose money.

  • General Information
  • Founded in2002
  • Demo Account
  • Account Minimum€/$/£1
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only in some countries.
  • ETFs*Only in some countries.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Forex, Indices, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • EU stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • ETFs€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • CryptocurrenciesNot Applicable**Spreads from 0.22% on Crypto CFDs.
  • Custody Fee€0
  • Inactivity Fee€10/month**After 1 year login inactivity and if no deposit was made in the previous 90 days.
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0.50%
  • Security
  • RegulatorsFCA and CySEC.
  • Investor Compensation Scheme(per person, per institution)

    Up to €20,000 for clients under XTB SA; Up to £85,000 for clients under XTB Limited.

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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