TradeStation Global Deposit and Withdrawal In Detail | Low Fees

Pros

Cons

  • No minimum deposit
  • Various base currencies
  • Free deposits and withdrawals
  • No credit/ debit card or electronic wallet 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.

Account Currencies

The TradeStation Global account has 21 different base currencies as the table shows below.

TradeStation Global – Account Currencies

Australian Dollar

British Pound

Canadian Dollar

Chinese Yuan

Czech Koruna

Danish Krone

Euro

Hong Kong Dollar

Hungarian Forint

INR (only in India)

Japanese Yen

Mexican Peso

New Zealand Dollar

Norwegian Krone

Polish Zloty

Russian Rouble

Singapore Dollar

South African Rand

Swedish Krona

Swiss Franc

US Dollar

       

Notes:

  • You will not be charged with conversion fees if your account has the same currency with your bank account or when you trade assets with the same currency of your account.
  • If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.

Deposit

TradeStation Global supports depositing using only bank transfers. There’s no credit card or electronic wallet option.

TradeStation Global deposit methods

 

TradeStation Global

Credit cards

No

Bank Transfers

Yes

Electronic wallet

No

Fees

TSG does not charge any deposit fees on bank transfers. On the other hand, your bank may charge you a transaction fee. so, please refer to your bank to know more information regarding this point.

Time

The deposit takes several business days in order to proceed.

How to deposit in your account?

  • First, log in to the Client Portal then click on ‘Transfer & Pay’ and ‘Transfer funds’.
  • Select the account you want to use for the transaction.
  • At the top of the page, click on the Deposit Funds’ tab.
  • Submit

Withdrawal

TSG offers withdrawals using only bank transfers with no fees within 1 to 3 business days.

TradeStation Global withdrawal methods and fees

 

TradeStation Global

Bank Transfers

Yes

Credit cards

No

Electronic wallet

No

Fee

$0

How to withdraw your money from TradeStation Global?

  • First, log in to the Client Portal then click on ‘Transfer & Pay’ and ‘Transfer funds’.
  • Select the account you want to use for the transaction.
  • At the top of the page, click on the ‘Withdraw Funds’ tab.
  • Select the currency of your withdrawal, then the withdrawal method.
  • Fill out the required information.
  • Submit your withdrawal request.
  • You can see the status of your request in ‘View Transaction History’.

Note:

For security reasons, you may have to verify your identity with the payment department for the first time through the registered email or the phone number.

FAQs

  1. Does TradeStation Global give a bonus?
  • It does offer a £50 Amazon Gift Card if you refer a friend to open an account on TSG for you and your friend.
  1. Does TradeStation Global allow scalping and hedging?
  • Yes, it does.
  1. Where is my money held?
  1. Does TGS offer a swap-free option in my account?
  • No, it does not.
  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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