All you need to know about withdrawal on TradeStation Global

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Being able to access your money is one of the top priorities when it comes to choosing a broker. Here, we will show you the withdrawal options, possible fees, how fast you can access your funds, and why TradeStation Global is a reliable broker, where you can withdraw your money without safety concerns.

Withdrawal at TradeStation Global is not the most user-friendly, according to our analysis. In any case, there are some issues, such as currency and closing positions, you have to pay attention to.

To give you a brief summary: TradeStation Global is an introducing broker of Interactive Brokers. This practically means that assets and cash are held with Interactive Brokers, but services like fees and customer support are provided by TradeStation Global. TradeStation Global is regulated by the top-tier UK FCA.

THE ESSENCE:

  • TradeStation Global charges $0 for withdrawal
  • The withdrawal process is usually executed within 1 day
  • TradeStation Global is a reliable broker, regulated by at least one top-tier regulator
  • You can only withdraw funds to accounts in your name

First, let's see if TradeStation Global is available in your country?

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How to withdraw money from TradeStation Global
Is TradeStation Global safe?

To trust your money with a broker, you need to be sure that the broker is considered trustworthy. We, at BrokerChooser, only recommend regulated brokers, meaning the broker's operations are overseen by a trusted body.

TradeStation Global can be considered a legit broker as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to withdraw your funds.

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How to withdraw money from TradeStation Global
What withdrawal methods are available at TradeStation Global?

At TradeStation Global, the only available option to withdraw money to your account is via Bank transfer.

Remember, you can only withdraw funds to accounts that are in your name.

Withdrawal options TradeStation Global
Bank transfer Yes
Credit/Debit card No
Electronic wallet No

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How to withdraw money from TradeStation Global
How long does it take to withdraw from TradeStation Global?

Withdrawing your funds from a brokerage account is a bit different than withdrawing money from, let's say, a bank account. Unlike some deposit options, withdrawal is rarely instant.

Keep in mind that if you have all your funds invested, you have to close some of your positions first to get access to cash, which you can withdraw later on. After closing some of your positions, the broker might need some time to make the funds available for you for withdrawal.

At TradeStation Global, the withdrawal process is usually executed within 1 day.

How to withdraw money from TradeStation Global
What are the withdrawal fees at TradeStation Global?

The good news is that TradeStation Global charges no fees for withdrawal.

Withdrawal option Withdrawal fees
Credit/Debit card -
Domestic bank withdrawal $0.0
International bank withdrawal $0.0
Electronic wallet Not available

Conversion fees

Pay attention that if your TradeStation Global account's base currency and bank account's currency differ, you might be charged a conversion fee depending on your personal bank.

At TradeStation Global, the following base currencies are available: AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, INR, ILS, JPY, KRW, MXN, NOK, NZD, PLN, RUB, SEK, SGD, USD, ZAR.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

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How to withdraw money from TradeStation Global
What to keep in mind when withdrawing from TradeStation Global?

Withdrawing your funds from a brokerage account is a bit different than withdrawing money from, let's say, a bank account. Unlike some deposit options, withdrawal is rarely instant.

Keep in mind that if you have all your funds invested, you have to close some of your positions first to get access to cash, which you can withdraw later on. After closing some of your positions, the broker might need some time to make the funds available for you for withdrawal.

How to withdraw money from TradeStation Global
Wrap-up

You are awesome for having read through this article! Making sure you can access your funds might seem overwhelming at first, but the best time to start dealing with your finances is always right now.

You're doing great! Navigating through the world of brokerages is hard, and we want to help you along the way. If you are stuck somewhere, have a question, or a suggestion, please drop us an email.

Author of this article

Eszter Zalán

Author of this article

Eszter is a Brussels-based content editor and writer with over 15 years of experience in journalism. She thrives in researching complicated issues and explaining their essence in plain and clear language to guide you through the world of finance.

Eszter Zalán

Content Editor

Eszter is a Brussels-based content editor and writer with over 15 years of experience in journalism. She thrives in researching complicated issues and explaining their essence in plain and clear language to guide you through the world of finance.

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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