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Setup & Automation

Broker fills: E*Trade vs TradeStation slippage notes

fills_first 1d ago 1.5k views

I run the same signals through two accounts; one at E*Trade, one at TradeStation; partly to compare execution. Sharing rough notes after a couple hundred trades on each.

TradeStation: tighter fills on the leveraged ETFs, slightly faster confirmations through the API, and better partial-fill handling. E*Trade: perfectly fine for our timeframe, occasionally a hair more slippage on volatile opens, but the retirement account tooling is excellent.

Bottom line: at daily-bar frequency the difference is small enough that I'd pick based on account features and support, not slippage. Curious if others see the same.


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quant_jen· 20h ago

Matches my experience. TradeStation edges it on pure execution but it's marginal at our frequency. Pick the broker whose Roth tooling you'll actually enjoy using.

dana.k· 16h ago

Schwab has been solid for me on the retirement side too. Slippage never been a factor at this timeframe.

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