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TradeStation Global Review 2024

Written by
Gyula L.
Fact checked by
Adam N.
Updated
4d ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Desktop platform
Product selection
Regulated and trusted. Tested via live trading.
10,753 people chose this broker
Not available in United States; see best alternatives

Why choose TradeStation Global

If you’re from outside the EU/US and looking for a safe broker with an outstanding product selection and low stock/ETF fees, TradeStation Global is well worth a look.

TradeStation Global is a joint product of TradeStation International and Interactive Brokers (IBKR), two great brokers, sharing IBKR’s exceptional product range but offering its own fee structure and web/desktop platforms.

Although it may take some time to open an account, no minimum deposit is required in most cases. Once signed up, you can enjoy an easy-to-use web trading platform and unrivaled market coverage across all asset types.

  • Low stock and ETF fees
  • Wide range of products
  • Easy-to-use web trading platform
Overall score
4.5/5
Minimum deposit
$0
Stock fee
Low
Options fee
Average
Inactivity fee
no
Account opening
1 day

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to TradeStation Global

US stock fee
Estimated commission of a $2,000 trade, assuming a $50 stock price

Fees

Score: 3.7/5
TradeStation Global has low trading fees, especially for stocks and ETFs. There's no inactivity fee and the first withdrawal each month is free. However, mutual fund fees are high.
  • Low trading fees
  • Low non-trading fees

We compared TradeStation Global's fees with two similar brokers we selected, Saxo and Swissquote. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of TradeStation Global alternatives.

Low stock and ETF commission

TradeStation Global US stock fees are less than half of the industry average. US stock fees are calculated as follows: $0.01 per share, min. $1.5

Broker
US stock
TradeStation Global
$1.5
Saxo
$1.6
Swissquote
$20.0
TradeStation Global stock and ETF commission

Average margin rates

TradeStation Global USD margin rate fees are slightly lower than the industry average. USD margin rate fees are calculated as follows: Interest on Margin Loans: IB rate + 3%

Broker
USD margin rate
TradeStation Global
9.8%
Saxo
-
Swissquote
9.6%
TradeStation Global annual margin rates

Average options commission

TradeStation Global US stock index options fees are higher than the industry average. US stock index options fees are calculated as follows: $1.5 per contract

Broker
US stock index options
TradeStation Global
$15.0
Saxo
$20.0
Swissquote
$19.9
TradeStation Global stock index options commission

No inactivity fee, no withdrawal fee

There is no account, inactivity or deposit fee. The first withdrawal each month is free, but subsequent withdrawals have a fee.

Broker
Inactivity fee
Withdrawal fee
TradeStation Global
$0
Saxo
$0
Swissquote
$10
TradeStation Global inactivity, withdrawal and other fees

Other commissions and fees

High mutual fund commission: trading mutual funds involves the following charges - $25 per trade.

Low futures fees: US index futures fees are as follows - $0.5 per contract.

Average FX fees: TradeStation Global charges a forex commmission: 0.6 bps*trade value; min $2 per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.2.

Low bond commission: US treasury bonds come with the following charges - 0.03% of trade value; min $7.5.

Broker
Mutual fund
US micro e-mini stock index futures
TradeStation Global
$25.0
$5.0
Saxo
$0.0
$30.0
Swissquote
$9.0
$19.9
Misc. fees compared with other brokers

Safety

TradeStation Global acts an introducing broker of Interactive Brokers (IB), meaning that your assets and cash are held by IB. Interactive Brokers is regulated by the UK's top-tier FCA, it is listed on a stock exchange, and discloses its financials transparently.
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
Read more

Deposit and withdrawal

Score: 3.3/5
TradeStation Global offers many account base currency options and one free withdrawal per month. The main drawback is that you can only use bank transfer.
  • No deposit fee
  • Several account base currencies
  • No charge for the first withdrawal each month.
Read more

Account opening

Score: 3.8/5
TradeStation Global's account opening is fully digital and fast, but the process is complicated, and there's a high $1,000 minimum deposit required in order to use TSG's own desktop platform.
  • Fast
  • Fully digital
Read more

Mobile app

Score: 3.5/5
You can use Interactive Brokers's IBKR Mobile as a mobile trading platform. It has a lot of functions and a useful chatbot, but its user interface could be better.
  • Two-step (safer) login
  • Good variety of order types
  • Price alerts
Read more

Desktop platform

Score: 3.3/5
TradeStation Global's desktop trading platform is more suited for advanced traders. It's highly customizable and offers many order types, but it's not user-friendly and installation is complicated.
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
Read more

Product selection

Score: 5/5
With TradeStation Global, you can access the same range of product types and exchanges as at Interactive Brokers. This selection is one of the widest among online brokers.
Read more
“I’d recommend TradeStation Global to anyone who’s looking for an affordable stockbroker with excellent global market reach. If you’re ready to try out more advanced features, you can also access IBKR’s sophisticated desktop platform tools. Long-term investors will appreciate the absence of inactivity fees. The platforms are available in dozens of languages and you can choose from many base currencies, making TradeStation Global a good choice for those outside the US and the EU. I also liked that the broker is regulated by several top-tier authorities; however, customer service and account opening are not user-friendly at all.”

FAQ

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Author of this review

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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