Fidelity Active Trader Pro vs. TradeStation

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fidelity Active Trader Pro
Score 8.9 out of 10
N/A
Active Trader Pro is Fidelity's customizable trading platform for the desktop and optimized for online trading technology. The solution offers real-time insights, visual snapshots to monitor investments, and trading tools.N/A
TradeStation
Score 10.0 out of 10
N/A
TradeStation, from the company in Plantation, enables users to Trade Stocks, ETFs, Crypto, Options, and Futures. From South Florida to Tokyo, Texas to Hong Kong, London to Chicago, and New York to Costa Rica, TradeStation and its affiliated companies are pursuing a singular vision: to build the ultimate online trading firm for serious self-directed traders and investors, leveraging leading-edge technologies to create the world’s most advanced trading tools and global technology infrastructure.
$5
Commission per trade for non-US residents
Pricing
Fidelity Active Trader ProTradeStation
Editions & Modules
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United States - Stocks & ETFS
$0 Commission
United States - Stocks Options
$0 Commission
+ $0.60 per contract
Non-US Residents - Stocks & ETFs
$5 Commission per trade
Non-US Residents - Stock Options
$5 Commission per trade
+ $0.60 per contract
United States - Funding Requirements
No Minimum
United States - Web Trading
Free
United States - TradeStation Desktop
Free
United States - Mobile Apps
Free
Non-US Residents - Mobile Apps
Free
Non-US Residents - TradeStation Desktop
Free
Non-US Residents - Web Trading
Free
Non-US Residents - Funding Requiremtns
No Minimum
Offerings
Pricing Offerings
Fidelity Active Trader ProTradeStation
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0 commissions for online US stock, ETF, and option trades. Margin rates among the most competitive in the industry—as low as 4.00%. No minimums to open an account.
More Pricing Information
Community Pulse
Fidelity Active Trader ProTradeStation
Best Alternatives
Fidelity Active Trader ProTradeStation
Small Businesses

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Coinbase
Coinbase
Score 7.6 out of 10
Medium-sized Companies

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Coinbase
Coinbase
Score 7.6 out of 10
Enterprises

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All AlternativesView all alternativesView all alternatives
User Ratings
Fidelity Active Trader ProTradeStation
Likelihood to Recommend
8.5
(7 ratings)
-
(0 ratings)
Usability
8.5
(2 ratings)
-
(0 ratings)
User Testimonials
Fidelity Active Trader ProTradeStation
Likelihood to Recommend
Fiidelity Investments (FMR LLC)
Fantastic for the planning and execution of trades, as follows: (1) Offers nearly 50 market filters, including technical, social sentiment, and custom options filters, (2) supports analysis of option market sentiment with volatility and open interest statistics, as well as the day’s biggest trades, (3) functionality to trade equities, ETFs, simple and complex option strategies with extended-hours and directed trading capabilities, (4) capacity to create and save up to 50 orders and place them at the right time, (5) helps manage risk and profit potential with conditional orders, (6) allows placement of a variety of simple and complex multi-leg option orders, (7) provides ability to monitor portfolio with streaming quotes, real-time gain and loss, streaming balances, and streaming order status updates, and (8) allows creation of personalized layouts to see the market and portfolio information that’s important to you Set trade defaults, create shortcuts, and use hotkeys to quickly and efficiently navigate through the platform.
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TradeStation
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Pros
Fiidelity Investments (FMR LLC)
  • Customizable to display information the way I want to see it.
  • Clean, straightforward interface to let me quickly access information from cursory overview to detailed tax information.
  • Equipped with good security measures.
  • Very user friendly.
  • The software has some nice features, including watch lists, market news, alerts, and real-time balances. The program also displays tax-lot information in real-time. There are advanced options tools as well. Active Trader Pro is able to submit up to 20 orders at once using a multi-order ticket.
  • Active Trader Pro has many available features. Alerts can be set, watch lists can be created, and market news can be followed. Balances are shown in real-time. Each of these elements can be assigned to its own window. Tax-lot info can be shown in real-time as well. A multi-order trading ticket can submit 20 orders at once. Up to 50 orders can be built and saved.
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TradeStation
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Cons
Fiidelity Investments (FMR LLC)
  • Basic explanations of what the functionality is for those who do not fully understand how 401ks work
  • Explaining the difference between Roth and traditional 401Ks
  • More availability for 1:1 appointments with employees
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TradeStation
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Usability
Fiidelity Investments (FMR LLC)
I gave Fidelity Active Trader Pro this usability rating because, in my experience, Fidelity Active Trader Pro is Very user friendly
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TradeStation
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Alternatives Considered
Fiidelity Investments (FMR LLC)
Highly comparable. thinkorswim was a great platform and Fidelity has achieved competing against it. Ease of learning curve with training and the ability to configure exactly what the user wants to see is a huge plus. The customizations available are a major bonus and Fidelity's overall customer experience is a beacon in the marketplace.
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TradeStation
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Return on Investment
Fiidelity Investments (FMR LLC)
  • It shows our workforce we are choosing vendors that are adapting to the modern age.
  • It helps us solve a technological gap related to the workforce that does not have access to desktops or laptops.
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TradeStation
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ScreenShots