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CenterPoint Securitiesvs.TradeStation

Head-to-head comparison across ratings, fees, asset coverage, and platform breadth.

CenterPoint Securities logo

CenterPoint Securities

4.1 / 5

Best-in-class short-locate inventory for active day traders and short sellers. Now a Clear Street division with ~8,000 ETB names, an in-house HTB desk sourcing 100M+ shares/month, 40+ DMA routes, and no PFOF. $30K minimum; not for beginners or buy-and-hold.

Last reviewed May 13, 2026Data may be outdated — verify rates before acting
TradeStation logo

TradeStation

4.2 / 5

Best for systematic and futures traders who want EasyLanguage scripting, direct routing, deep back-testing, and active-trader margin rates. Less retail-friendly than thinkorswim but unmatched for strategy automation.

Last reviewed May 13, 2026Data may be outdated — verify rates before acting

Sub-rating overlap

Each broker scored 0–5 across the same 8 dimensions.

Detailed comparison

Green cells mark the winner on each metric. Tie rows are uncoloured.

MetricCenterPointTradeStationWinner
OverallEditorial score4.10 / 54.20 / 5TradeStation
Sub-ratingsCommissions & fees4.003.80CenterPoint
Sub-ratingsPlatforms & tools4.504.70TradeStation
Sub-ratingsMobile app2.003.80TradeStation
Sub-ratingsResearch3.004.00TradeStation
Sub-ratingsEducation2.504.20TradeStation
Sub-ratingsCustomer service4.303.80CenterPoint
Sub-ratingsRange of investments2.504.20TradeStation
Sub-ratingsActive trading5.004.80CenterPoint
PricingLowest margin rate8.00%4.25%TradeStation
PricingPFOF on equitiesDoes not acceptAcceptsCenterPoint

Where they differ on asset coverage

Asset classCenterPointTradeStation
US stocks (NYSE/Nasdaq/AMEX)Yes
Listed options (single + multi-leg)Yes
Mutual fundsNoLimited
US Treasuries / bondsNo
ForexNoYes
FuturesNo
Crypto (direct)No
International stocksLimited
IRAs (limited)Limited
24-hour overnight equity tradingNoLimited
Hard-to-borrow short locatesYes
US stocksYes
OptionsYes
US TreasuriesYes
Corporate bondsLimited
Futures / futures optionsYes
CryptoNo
International stocks (US app)Limited

CenterPoint strengths

  • Best-in-class short-locate inventory: ~8,000 ETB names + in-house securities-lending desk sourcing 100M+ HTB shares/month from 45+ counterparties
  • Equity-tier locate discounts: 15% ($50K), 20% ($100K), 25% ($250K), 30% ($1M+); $15/day in free locates included
  • No PFOF; transparent route table with rebates up to +$0.0020/share on lit exchanges
  • 40+ routing destinations: direct exchanges, market-maker wheels, dark pools, midpoint, algos (TWAP/VWAP suite), short-sale specialized (SAGEAE), OTC-specific (OTCP, OTCX)
  • DAS Trader Pro engine (CenterPoint Pro) with multi-monitor, Level 2 mosaic, fully programmable hotkeys, 60+ technical studies
  • CenterPoint Edge perks bundle: Trade Ideas, Benzinga Pro, TrendSpider, Dilution Tracker, TraderSync (~$6,000/yr value)

TradeStation strengths

  • EasyLanguage scripting and back-testing — uncontested for systematic US strategies
  • Direct routing for advanced order execution
  • RadarScreen real-time scanning across thousands of symbols
  • OptionStation Pro for options analytics and back-testing
  • Active-trader margin rates as low as 4.25% (vs. 10%+ at Schwab/Fidelity)
  • Futures pricing: $1.50/contract standard, $0.50/contract micros, $1.75 FuturesPlus