TradeStation Global Platforms | How TSG Platforms Work

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.

TradeStation Global works on its own trading applications on web, desktop, and mobile platforms. In addition to that, TSG also works on the Interactive Brokers (IBKR) own trading platform for more integrity. Now, we will discuss each one of them in detail.

TSG Web Trading Platform

Pros

Cons

  • User-friendly
  • Multiple order types
  • Two-factor authentication
  • Good searching function
  • None

Languages

The TSG web trading platform is available in many languages including, but not limited to English, French, German, and Japanese.

User interface (UI)

TSG web trading platform has a simple and easy-to-use UI with all its functions available in their right places.

TradeStation Global Platforms | How TSG Platforms Work

TSG – Web Platform – UI

Login and Security

The platform has a two-step verification method for login which is a safer method to secure your account.

Searching

The searching function within the web platform is very responsive and displays the right assets only after typing the first letters of it.

Placing orders

TSG has a variety of order types which are:

  1. Limit
  2. Market
  3. Stop
  4. Stop Limit
  5. Limit-on-Close
  6. Market-on-Close
  7. Trailing Stop
  8. Trailing Stop Limit

Notifications and alerts

TSG web platform has a notification and price alert option as well as an option to push emails.

Portfolio and reports

TSG provides a clear fee and portfolio reports within its web trading platform.

Desktop Trading Platform

Pros

Cons

  • Customizable charts
  • Various order types
  • Two-step verification

Complicated platform

Languages

The TSG web trading platform is available in English only.

User interface (UI)

TSG web trading platform targets the professional traders only. If you’re a beginner trader you may see it complicated at the first glane. Other than that, the desktop platform has a lot of features and customization capabilities in order to provide the best trading experience.

TradeStation Global Platforms | How TSG Platforms Work

TSG – Desktop Platform – UI

Login and Security

The platform has a two-step verification method for login which is a safer method to secure your account.

Searching

The searching function within the web platform works fine, but it’s hard to use as well.

Placing orders

TSG has a variety of order types which are:

  1. Limit
  2. Market
  3. Stop Limit
  4. Stop market

Notifications and alerts

TSG web platform has a notification and price alert option as well as an option to push emails.

TWS (Desktop Version)

Pros

Cons

  • Good search function
  • Charting options
  • Variety of order types

Slow performance

Complicated design

This is the IBKR own desktop trading platform. TSG also works on the this platform as well.

Languages

The TWS is available in the same languages of the web trading platform.

User interface (UI)

The UI of the TWS platform looks complicated and it’s very hard for beginner traders to use it.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Desktop – UI

Login and security

As the web trading platform, TWS has two-factor authentication for login which is safe.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Desktop – Login

Searching

The search function within the TWS platform is not very user-friendly and it takes too much time to load results.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Desktop – Search

Placing orders

Same as the web platform, there is a number of order types including, but not limited to:

  1. Market
  2. Limit
  3. Stop
  4. Trailing stop
    TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Desktop – Place Orders

Notifications and alerts

The reports in the TWS platforms have the same data like the wenb trading platform.

IBKR (Mobile Platform)

Pros

Cons

  • Friendly design
  • Good searching function
  • Two-factor authentication
  • Notification and alerts
  • None

Languages

The IBKR application is available in a variety of languages including Arabic, English, Japanese, and more.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Mobile – Languages

User interface (UI)

The IBKR application has a very user-friendly UI with the ability to navigate easily and find the right information in the right place.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Mobile – UI

Login and security

Like the web and desktop trading platforms, the mobile trading app has a two-factor authentication method for login.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Mobile – UI

Searching

The searching function in the IBKR app is very good and you can find the instrument you’re looking for just by typing the first letters of it.

Placing orders

Same as the web platform, there are a lot of order types like:

  • Market
  • Limit
  • Stop
  • Trailing stop

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Mobile – Place Orders

Notifications and alerts

In the IBKR app, you can set notifications and alerts from a separate tab within the application.

TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Mobile – Notifications

Portfolio and Reports

The IBKR app has a clear fee and portfolio reports with the ability to view earnings and all other fundamental data.TradeStation Global Platforms | How TSG Platforms Work

Interactive Brokers – Mobile – Portfolio

3. 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 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?
  • With Interactive Brokers UK (IBUK).
  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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