TradeStation Global does not charge a deposit fee. Credit/Debit card deposit is not possible.Here are the main pros and cons when it comes to depositing at TradeStation Global: Pros It is sometimes called an initial deposit or funding.īeyond the required minimum deposit, there are a couple of other factors to consider when you are about to open an account at TradeStation Global. The minimum deposit means that you will first need to transfer this amount to your brokerage account from your bank account in order to start trading. This also means that you will be covered by the investor protection mechanisms available at Interactive Brokers. similar brokersīecause TradeStation Global is the introducing broker of Interactive Brokers, your money will be held at IB. It does not store any personal data.The minimum deposit at TradeStation Global is $1,000.Ĭheck the following comparison table to see how TradeStation Global stacks up against similar brokers when it comes to minimum deposits: TradeStation Global minimum deposit vs. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. This allows for the electronic transfer of both cash and securities from one account to another financial institution. When in possession of an Equities account, traders can make use of an Automated Account Transfer, or otherwise known as ACAT. When registering a Futures account, traders have the option to use any of the following currencies: When registering an Equities account, traders can only open the account in USD. US Clients have the option of making use of cheque through which deposits into the trading account can be made.īoth deposits and withdrawals can be made by using a Crypto-wallet, and the following cryptocurrencies are supported: Traders can only make use of bank transfers when either depositing or withdrawing. Step by step guide to deposit the minimum amount These often depend on the payment method used as well as the amount which is deposited into the trading account. Traders must ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable. Non-US Clients can make use of Wire Transferĭeposit currencies which are accepted include USD amidst numerous others including cryptocurrency.
They offer traders the following payment methods which can be used when making deposits: When compared with other brokers, the minimum deposit that They requires when registering a live account is relatively high. In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities. As a regulated broker, one of the requirements is that client funds be kept in segregated accounts. They are a broker which is authorized and regulated by strict regulatory entities namely, the Securities and Exchange Commission, or SEC, and the Financial Industry Regulatory Authority, or FINRA. This minimum deposit amount is equivalent to ZAR7 447.35 at the current exchange rate between the US Dollar and the South African Rand at the time of writing. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. TradeStation has a minimum deposit requirement of between $ 500 and $ 2 000 depending on the option the trader chooses.
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