For example, if you wanted to buy shares of Tesla (TSLA) stock, rather than paying $683.80 for a single share, you could invest with $25 and own 3.66% of Tesla stock. All you have to do is select any available US stock and specify the amount you wish to invest. The main benefit of fractional shares is that you can buy a portion of a stock that would otherwise be too expensive for you to buy outright. As well as the traditional stocks, you can access penny stocks and fractional shares. With Interactive Brokers you can gain exposure to 78 different stock markets such as the Nasdaq exchange, the NYSE, the London Stock Exchange, and many other international exchanges. This broker has a huge selection of markets and products, with over 13,000 ETFs. In the case of Interactive Brokers, this online trading platform offers heaps of financial instruments including traditional investments and CFD derivatives. Importantly, TradeStation allows you to invest in all supported stocks in a traditional manner, which means that you gain ownership of the underlying asset and by default are entitled to potential dividends that could arise. You can build your portfolio and diversify your investments with a wide range of commission-free ETFs at TradeStation, which are conveniently broken down into relevant categories including: TradeStation also offers over 2,000 exchange-traded funds, or ETFs, which make up a large portion of the stock market. Buying and selling shares of stock can be used by both short-term and long-term investors looking to diversify their investment portfolios. Stock trading is popular amongst beginner traders because of the liquidity and diversity that comes with it. In terms of diversification, you are limited to just US stock markets. Stocks and ETFsįirstly, at TradeStation you can trade on the major US stock exchanges such as the New York Stock Exchange and the Nasdaq. So, in this section, we will discuss the different asset classes and markets that each platform covers. TradeStation vs Interactive Brokers Tradable AssetsĪs we have already seen there is little to separate both brokers other than the fact that Interactive Brokers also offers CFD and forex trades. Therefore, if you are interested in CFD and forex trading then Interactive Brokers is the way to go. While TradeStation facilitates traditional investments, Interactive Brokers also offers CFD trading which allows you to speculate on the future price movements of the underlying assets without taking ownership. However, Interactive Brokers also supports CFD and forex trading, including 23 trading currencies and real-time currency quotes. Once you have opened a brokerage account and deposited funds you can access thousands of financial instruments with the click of a button.įor example, both TradeStation and Interactive Brokers offer stock trading, ETFs, futures, and mutual funds, and more. In short, with Interactive Brokers and TradeStation you can buy and sell tradable assets from the comfort of your own home. What are TradeStation and Interactive Brokers?
![tradestation login tradestation login](https://bettertrader.co/images/steps-to-broker/log-in-to-BetterTrader-trading-app-1st.png)