TradeStation Global Account Opening | How to Open TSG Account

Pros

Cons

  • Digital opening process
  • Various account types available
  • Complicated and slow opening process
  • High minimum deposit
  • No islamic account option

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.

Countries Available

TSG is available in a lot of countries including, but not limited to the US, EU, Canada, Australia, Singapore, Hong Kong and Japan.

Account Types

TradeStation Global has various account types including:

  • Individual
  • Joint
  • Retirement
  • Margin
  • Cash

 

TSG has also an option for corporates and organizations to open a corporate account. TradeStation Global also provides a demo account with 0 fees if you want to experience the trading platform with no risk.

 

TSG does not offer an islamic account option on its platforms which is pretty important for the clients who want to have swap-free option.

TradeStation Global also provides a demo account with 0 fees if you want to experience the trading platform with no risk.

There’s an option to join the TradeStation Global affiliate partner program if you want as well.

Min Deposit

The minimum deposit at TSG is $0, except for Desktop platform which requires a $1,000 minimum deposit.

How to Open Account

You can open an TradeStation Global account in minutes through these steps:

  1. Enter your name, email, phone number, and country of residence.
  2. Enter some personal information like your city and profession.
  3. Choose the account type, platform, and base currency.
  4. Add your trading preferences.
  5. Provide proof of your identity and the country of residence.
  6. Fund your account and start trading.

TradeStation Global Account Opening | How to Open TSG Account

TradeStation Global – Account opening

Notes:

  • The opening process at TradeStation Global is very complicated from the beginning. It looks like simple 5 steps in order to open the account, but the actual process is long, destructive, and not user-friendly at all.
  • Due also to the requirements of the regulatory bodies that supervise TradeStation Global, it is necessary that in order to operate with your account you send them a proof that proves your identity and another proof that proves your current address :
  • Identity document : You must send a copy of your ID, your passport or driving license . It has to be an official document that clearly shows your identity and that it is valid (the document you send cannot be expired). You can scan any of these documents and send it in PDF, JPG, GIF, or take a photo with your mobile if it is more comfortable for you. In any case, the image must have good quality and be completely readable, otherwise it may give you problems to verify it.
  • Proof of address : This is to send a document that shows your current address . You will have to send a recent utility bill (not exceeding 3 months) for electricity, water, gas, landline or Internet (many brokers do not accept, for example, mobile phone bills). You can scan and send it in PDF, JPG, GIF, or take a photo with your mobile. Like the previous document, all the data must be legible and have sufficient quality.

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. I am a current client of TradeStation – how can I link my TradeStation platform to an Interactive Brokers account?
  • Please click on ‘open account’ and ‘new account’ in order to begin your new account opening process for this TradeStation Global and Interactive Brokers brokerage account. Your new account will be independent from your existing TradeStation (US) brokerage account.
  1. I am a current client of Interactive Brokers but would like access to the TradeStation platform.
  • In order to get access to the TradeStation platform you must click on ‘open an account’ and then click on ‘current IB client’. You must accept our Terms and Conditions and then contact your Interactive Brokers account representative to finalise the process.
  1. Can I run Trader Workstation and Interactive Broker Gateway at the same time?
  • Yes. You can run both applications on the same computer at the same time; however, you cannot be logged into both applications with the same user ID and establish a connection with the TradeStation Global platform. The TradeStation Global platform will only establish one connection with the first active connection that it detects with either the Trader Workstation or the Interactive Brokers Gateway. *Note: If you are signed up for the TradeStation-Interactive Brokers BETA program you should only be using the TWS Gateway.
  1. Does TradeStation Global allow bot trading?
  • Yes, it does allow bot trading through API trading tools.
  1. Does TradeStation Global allow scalping and hedging?
  • Yes, it does.
  1. Does TGS offer a swap-free option in my account?
  • No, it does not.


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