This comparison guide assists customers that struggle to pick between Alpari and TradeStation to find the most effective online broker for their trading and investment requirements. It examines the main features of both brokers side by side to aid individuals contrast their solution and make an educated choice.
To assist individuals select the best broker in between Alpari and TradeStation to find the best-suited platform, below is a checklist of broker’s pros and cons, adhered to by a comparison of their major trading attributes, including trading systems & tools, charges, mobile trading, down payment & withdrawal, assets, policy, and customer assistance.
Alpari vs. TradeStation: Summary
Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.
Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.
Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.
Alpari’s customer support is available by email (email@example.com), phone (+442 080 896 850), and via live chat in Arabic and English.
Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.
Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).
Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.
TradeStation’s customer support is available by phone, email and live chat in English and Arabic.
- Access to over 600 US stock CFDs and 46 forex pairs
- Commission-free CFD trading
- MetaTrader 4 and 5 compatibility
- Low (floating) spreads from 1,2 pips (EUR/USD)
- PAMM account availability
- Has a history of insolvency
- No valid trading licence
- Low minimum deposit ($0)
- 0% commission stock and ETF fees
- Extensive charting tools and features
- Fast and reliable order execution
- Trading automatisation capabilities
- Vast stock scanning tools
- Research and education section could be better
- Zero commission CFD trading
- Low minimum deposit ($100)
- Access to PAMM services
- Support for MetaTrader 4 & 5
- High-quality market analysis and research
- Over 600 CFDs and 46 forex pairs
- $0 commission/stock trades(up to 15,000 shares)
- Vast market coverage(5,000 international stocks and ETFs)
- Fast and reliable order execution
- Great Fundamental Research and Analysis Tools
- Extensive Charting Tools and Features
- Access To Back-Testing and Automated Trading
Alpari vs. TradeStation Comparison
Trading Platform & Tools
|MetaTrader 4 (MT4)|
|MetaTrader 5 (MT5)|
|Mutual Fund Management|
|Cost Per Trade||0|
|Cost Per Month||$4|
|Forex (EUR/USD)||0.6 pips|
|Stocks & ETF||$0.007 per share|
|Options||$5 + £0.60 per contract|
Deposit & Withdrawal
|Minimum deposit (in UAE)||$0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account)|
|Islamic Account Transfer|
|ETF & Funds||2300|
|CFD Indices & Funds||0|
|Tier 1 License|
|Tier 2 License|
|Tier 3 License|
Research & Education
|Daily News Updates|
|Market Indepth Analysis|
|Pers. Training & Room|
|Personal Account Manager|
Alpari vs. TradeStation Comparison Conclusion
The results of our comparison of Alpari vs. TradeStation are wrapped up in the table listed below.
|Alpari||Trading with multiple assets and PAMM investment services|
|TradeStation||Futures; Active traders|
Picking the ideal choice between Alpari and TradeStation can be challenging. Both on the internet brokers have similarities however differ pertaining to trading instruments, platforms & apps, guideline, deposit & withdrawals, and research study and education. Selecting the most effective broker relies on customers’ trading & financial investment objectives, private preferences, and experience degree.