Higher Rated
TradeStation
Capital at risk · T&Cs apply
Choosing between TradeStation and Fidelity depends on your trading style, preferred markets, and budget. TradeStation is headquartered in Plantation, USA, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to TradeStation which was founded in 1982. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
TradeStation
Fidelity
| TradeStation | Fidelity | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 ✓ | 1:2 |
| Regulation | SEC, CFTC | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
TradeStation is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, TradeStation offers lower spreads (0 pips).
See full side-by-side comparison belowTradeStation
WinnerFidelity
TradeStation
Fidelity
TradeStation holds licences from SEC, CFTC. Fidelity is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices, Commodities markets. TradeStation additionally covers Forex, Crypto.
TradeStation supports Proprietary Web, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
TradeStation requires no minimum deposit, while Fidelity sets no minimum deposit. This makes TradeStation accessible to traders with any budget.
BrokerRank scores TradeStation at 3.80/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. TradeStation leads overall with a clear advantage.
TradeStation
3.8/5
Choose TradeStation if you want…
Fidelity
3.6/5
Choose Fidelity if you want…
TradeStation scores higher overall on our independent rating system. TradeStation holds a 3.8/5 rating vs Fidelity's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
TradeStation offers spreads from 0 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
TradeStation requires a minimum deposit of $0. Fidelity requires $0.
TradeStation is regulated by SEC, CFTC, while Fidelity holds licences from SEC, CFTC.
TradeStation supports Proprietary Web, Proprietary Mobile. Fidelity supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.