Is TradeStation Global Scam? | TradeStation Global Safety and Reliability

 

TradeStation Global is considered safe with more than 1 million users worldwide and (no) negative balance protection. TradeStation Global is also regulated by FCA.

Pros

Cons

  • Regulated by FCA
  • Listed on NASDAQ
  • Client protection
  • No negative balance protection

Introduction

TSG, or TradeStation Global is a brand of TradeStation International Ltd that’s founded in 2004, UK. It’s regulated by top-tier financial authorities like the FCA, the Financial Conduct Authority in the UK. TSG also has a variety of trading instruments like forex, CFDs, ETFs, crypto, mutual funds, and more. Its parent company is listed on the NASDAQ stock exchange as well. With over a million users worldwide and free deposits/ withdrawals, TSG becomes one of the best choices for you to trade with.

Is TradeStation Global Regulated?

The TradeStation Global broker is a product of Interactive Brokers UK, and both of them are regulated by FCA, the Financial Conduct Authority in the UK.

Is TradeStation Global a Scam?

TradeStation Global was founded in 2004 while the Trade Station itself was established in 1982. The broker has over 1 million clients worldwide and a trading experience of 17 years. TSG has overcome a lot of financial disasters since its foundation.

TradeStation Global was also awarded with several awards along its history that make TradeStation Global reliable.

Client Protection

TSG has client protection amounts as the following:

  • If you trade with forex, CFDs, non-US stock index options or futures, you are protected by the FCA, up to £85,000.
  • If you trade with stocks, bonds, funds or US stock index options, you are protected by the US investor protection, i.e. $500,000, with a cash limit of $250,000.

Negative Balance Protection

Please, note that TSG has no negative balance protection and no longer accepts clients from the EU.

Two-step Verification

Fortunately, TradeStation Global has the two-step verification method while logging in.

TradeStation Global Awards

Since its foundation in 2004, TradeStation Global was awards like:

  • 2020:
  • Best New Product at the Benzinga Global Fintech Awards
  • Best for Active Trading by StockBrokers.com
  • Best Online Broker for Bitcoin Trading by StockBrokers.com
  • Best Professional Platform at the TASC Awards
  • Best Institutional Platform at the TASC Awards
  • Best Trading System – Futures at the TASC Awards
  • 2019:
  • #3 Best for Frequent Traders in Barron’s Magazine’s Annual Ranking of Online Brokerage Firms
  • Best Trading System – Stocks – 15th Year in a Row at the TASC Awards
  • Best Trading System – Futures – 15th Year in a Row at the TASC Awards
  • Best Real-Time/Delayed Data – 10th Category Win at the TASC Awards
  • Best Trading Centers/Schools/Training – 5th Year in a Row at the TASC Awards
  • Best Platform Technology for the Seventh Year in a Row in StockBrokers.com
  • America’s “Best Online Broker” for Equity Trading Tools in the Annual Investor’s Business Daily Survey of Active Investors
  • 2018:
  • Best “Trading System – Stocks” at the TASC Awards
  • Best “Trading System – Futures” for the Fourteenth Consecutive Year at the TASC Awards
  • “Best Platform Technology” for the Sixth Year in a Row by StockBrokers.com
  • One of America’s “Top Five” Online Brokers and #1 for Equity Trading Tools, Trade Ideas and Mobile Trading Platforms in Annual Investor’s Business Daily Survey of Active Investors
  • 2017:
  • “Best Platform Technology” for the Fifth Year in a Row by StockBrokers.com
  • Best “Trading System – Stocks” and Best “Trading System – Futures” for the Thirteenth Consecutive Year at the TASC Awards
  • 2016:
  • Best “Trading System – Stocks” and Best “Trading System – Futures” for the Twelfth Consecutive Year at the TASC Awards
  • Best Trading System – Futures – 12th Year in a Row at the TASC Awards
  • Best Professional Platform – 14th Year in a Row at the TASC Awards
  • Best Real-Time Data – 7th Category Win at the TASC Awards
  • Best Trading Centers, Schools, Training – 2nd Year in a Row at the TASC Awards
  • “Best Platform Technology” for the Fourth Year in a Row by StockBrokers.com
  • #3 Overall Customer Experience in the Annual Investor’s Business Daily Survey of Active Investors

FAQs

  1. How long does it take to verify my account?
  • It takes about 1 to 3 business days to verify your TradeStation Global account.
  1. Does TradeStation Global allow bot trading?
  • Yes, it does allow bot trading through API trading tools.
  1. Where is my money held?
  • With Interactive Brokers UK (IBUK).
  1. When trading forex, will you lose more than your initial deposit?
  • Yes, as TradeStation Global has no negative balance protection.
  1. Does TradeStation Global accept payments from third parties?
  • Payments should be from accounts that have the same name as yours.


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