Compare › TradeStation vs Interactive Brokers
TradeStation vs Interactive Brokers: fees and fine print
Full transfer-out: TradeStation $125 vs Interactive Brokers $0; reverse split/mandatory reorg: TradeStation $30 vs Interactive Brokers $0; cash rate: TradeStation 0.15% (over $100k only) vs Interactive Brokers 3.38%, per each broker's official pages (checked Oct 30, 2026).
Last updated · 6 official sources (listed below)
The costs that don't show up in "$0 commissions": leaving, reverse splits, tender offers, and what idle cash earns. Every cell links to the broker's own page.
Where they differ
- Full ACATS transfer-out fee: TradeStation $125 vs Interactive Brokers $0
- Partial transfer-out fee: TradeStation $125 vs Interactive Brokers $0
- Reverse split / mandatory reorg fee: TradeStation $30 vs Interactive Brokers $0
- Voluntary reorg / odd-lot tender fee: TradeStation $50 vs Interactive Brokers $0
- DRIP (auto dividend reinvestment): TradeStation Not published vs Interactive Brokers Yes (commission applies)
- Fractional share trading: TradeStation Not published vs Interactive Brokers Yes
- Rate on uninvested cash: TradeStation 0.15% (over $100k only) vs Interactive Brokers 3.38%
| Fact | TradeStation | Interactive Brokers |
|---|---|---|
| Full ACATS transfer-out fee | $125 Equities accounts. Futures account external transfers are $25. source · Oct 30, 2026 | $0 source · Oct 30, 2026 |
| Partial transfer-out fee | $125 One outgoing-transfer fee on the schedule; no full/partial split. source · Oct 30, 2026 | $0 source · Oct 30, 2026 |
| Reverse split / mandatory reorg fee | $30 source · Oct 30, 2026 | $0 Universal corporate-actions table; dissenter/appraisal rights requests are USD 500. source · Oct 30, 2026 |
| Fractional shares after a reverse split | Not published | Not published |
| Voluntary reorg / odd-lot tender fee | $50 Voluntary unit conversions are also $50. source · Oct 30, 2026 | $0 source · Oct 30, 2026 |
| DRIP (auto dividend reinvestment) | Not published | Yes (commission applies) Dividends are skipped if the estimated commission is at least the dividend amount. source · Oct 30, 2026 |
| Fractional share trading | Not published | Yes source · Oct 30, 2026 |
| Rate on uninvested cash | 0.15% (over $100k only) Nothing paid on balances of $100,000 or less; IRAs excluded. Program effective Oct 1, 2022. source · Oct 30, 2026 | 3.38% Nothing paid on the first $10,000; accounts under $100k NAV get a proportionally lower rate. source · Oct 30, 2026 |
Full pages: TradeStation fees · Interactive Brokers fees · TradeStation cash rate · Interactive Brokers cash rate
Questions
Is it cheaper to leave TradeStation or Interactive Brokers?
Full transfer-out: TradeStation $125, Interactive Brokers $0 (official fee schedules).
Which pays more on cash, TradeStation or Interactive Brokers?
TradeStation: 0.15% (over $100k only) (Nothing paid on balances of $100,000 or less; IRAs excluded. Program effective Oct 1, 2022). Interactive Brokers: 3.38% (Nothing paid on the first $10,000; accounts under $100k NAV get a proportionally lower rate).
Sources
- https://www.interactivebrokers.com/en/accounts/fees/pricing-interest-rates.php
- https://www.interactivebrokers.com/en/pricing/other-fees.php
- https://www.interactivebrokers.com/en/trading/fractional-trading.php
- https://www.interactivebrokers.com/lib/cstools/faq/content/1163238654
- https://www.tradestation.com/faqs/
- https://www.tradestation.com/pricing/service-fees/
Each source was read on or before Oct 30, 2026. Fees and rates change; confirm on the broker's site before acting.