The best alternatives to TradeStation Global are
- CapTrader - Global stock broker
- Zacks Trade - US discount broker
- Interactive Brokers - US discount broker
- Saxo Bank - Danish investment bank
Let's see in a bit more detail how the TradeStation Global alternatives compare to TradeStation Global and each other:
| TradeStation Global | CapTrader | Zacks Trade | Interactive Brokers | Saxo Bank | |
|---|---|---|---|---|---|
| Overall score | 4.7 | 4.4 | 4.6 | 4.9 | 4.8 |
| Fees score | 4.0 stars | 3.6 stars | 4.3 stars | 4.2 stars | 3.1 stars |
| Account opening score | 2.8 stars | 1.5 stars | 2.8 stars | 3.4 stars | 2.5 stars |
| Deposit and withdrawal score | 3.5 stars | 3.5 stars | 3.5 stars | 3.5 stars | 4.8 stars |
| Web platform score | 4.5 stars | 4.5 stars | 4.5 stars | 4.5 stars | 5.0 stars |
| Markets and products score | 5.0 stars | 5.0 stars | 3.8 stars | 5.0 stars | 5.0 stars |
| Visit broker | Visit broker | Visit broker | Visit broker | Visit broker |
Why are these brokers considered good alternatives to TradeStation Global? There are many areas based on which TradeStation Global can be compared with others. When we say a given online broker is a good alternative to TradeStation Global we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
TradeStation Global alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- TradeStation Global is recommended for traders and investors looking for low fees and a wide selection of products
- CapTrader is recommended for investors and traders looking for low fees and sophisticated trading platforms
- Zacks Trade is recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees
- Interactive Brokers is recommended for traders looking for low fees and a professional trading environment
- Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research
Important factors of finding TradeStation Global alternatives
So far BrokerChooser has reviewed 82 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether TradeStation Global or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. TradeStation Global is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost TradeStation Global alternative.
Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At TradeStation Global this is not a problem as you can have it ready on the same day you registered.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at TradeStation Global, some alternatives might allow you to do that.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given TradeStation Global alternative is a must.
Now let's dive into the details of how TradeStation Global and its alternatives perform in the most important areas!
TradeStation Global alternatives
TradeStation Global
TradeStation Global is a brand of TradeStation International Ltd, which is based in the UK and is regulated by the top-tier Financial Conduct Authority (FCA).
TradeStation Global is a combined product offered by Interactive Brokers (IB) and TradeStation offered for clients outside the EU/EEA. Here are its most important elements:
- The account opening, deposit/withdrawal options, and available products are the same as at Interactive Brokers.
- You can use both Interactive Brokers's and TradeStation's own desktop platform.
- TradeStation Global charges its own fees, and offers its own customer support and educational tools.
Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities. While Interactive Brokers is listed on the NASDAQ, TradeStation itself is not: only TradeStation's parent company Monex is listed, on the Tokyo Stock Exchange.
Recommended for traders and investors looking for low fees and a wide selection of products
| Pros | Cons |
|---|---|
| • Low stock and ETF fees | • Only bank transfer allowed for deposit and withdrawal |
| • Wide range of products | • Complicated account opening |
| • Fast customer service | • Limited education materials |
Fees
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.
| Pros | Cons |
|---|---|
| • Low trading fees | • High fund fees |
| • Low non-trading fees | |
| • Low stock and ETF fees |
| TradeStation Global | CapTrader | Zacks Trade | Interactive Brokers | Saxo Bank | |
|---|---|---|---|---|---|
| US stock | $1.5 | $2.0 | $1.0 | $1.0 | $10.0 |
| UK stock | $2.4 | $10.4 | $15.6 | $7.8 | $10.4 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k
Account opening
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.
| Pros | Cons |
|---|---|
| • Fast | • $1,000 minimum deposit required for desktop platform |
| • Fully digital | • Not user-friendly |
| TradeStation Global | CapTrader | Zacks Trade | Interactive Brokers | Saxo Bank | |
|---|---|---|---|---|---|
| Minimum deposit | $1,000 | $2,400 | $0 | $0 | $10,000 |
| Time to open account | 1 day | >3 days | >3 days | 1-3 days | >3 days |
Learn more about TradeStation Global minimum deposit here.
Deposit and withdrawal
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.
| Pros | Cons |
|---|---|
| • No deposit fee | • Credit/Debit card not available |
| • Several account base currencies | |
| • No charge for the first withdrawal each month. |
| TradeStation Global | CapTrader | Zacks Trade | Interactive Brokers | Saxo Bank | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Web trading platform
You can use your TradeStation Global account to log in to the Interactive Brokers web trading platform. The TSG Client Portal is simple and easy to use even for beginners. On the negative side, it is not customizable.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | |
| • Two-step (safer) login |
| TradeStation Global | CapTrader | Zacks Trade | Interactive Brokers | Saxo Bank | |
|---|---|---|---|---|---|
| Web platform score | 4.5 stars | 4.5 stars | 4.5 stars | 4.5 stars | 5.0 stars |
| Mobile platform score | 3.8 stars | 3.8 stars | 3.8 stars | 3.8 stars | 5.0 stars |
| Desktop platform score | 3.0 stars | 3.0 stars | 3.0 stars | 3.0 stars | 5.0 stars |
Learn more about TradeStation Global's web trading platform in the detailed TradeStation Global review.
Markets and products
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.
| TradeStation Global | CapTrader | Zacks Trade | Interactive Brokers | Saxo Bank | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes | Yes | Yes |
| Forex | Yes | Yes | No | Yes | Yes |
| Fund | Yes | Yes | Yes | Yes | Yes |
| Bond | Yes | Yes | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | Yes | Yes | No | Yes | Yes |
| CFD | Yes | Yes | No | Yes | Yes |
| Crypto | Yes | Yes | No | Yes | Yes |
Verdict
TradeStation Global has low stock/ETF fees, provides access to a lot of products and markets and has great customer support. The TradeStation Global desktop platform has great charting tools, plenty of indicators, highly customizable watchlists (Radar Screen) and a great programming tool (EasyLanguage).
On the other hand, the deposit and withdrawal process is not user-friendly and you can use only bank transfer. The account opening is complicated, and for full account verification to use the TSG desktop trading platform, a minimum deposit of $1,000 is required.
If you want access to IB's product range and an account without inactivity fees, feel free to try TradeStation Global.
| TradeStation Global | |
|---|---|
| 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. |
| Fees score | 4.0 stars |
| Recommended for | Traders and investors looking for low fees and a wide selection of products |
TradeStation Global alternatives
CapTrader
CapTrader was founded in Germany in 1997. It is an introducing broker to Interactive Brokers (IB), one of the largest brokers in the world.
- The account opening and deposit/withdrawal options are very similar to Interactive Brokers
- The trading platforms and available products are exactly the same as at Interactive Brokers
- Fees, however, are charged by CapTrader, not by Interactive Brokers
- CapTrader offers its own customer support and educational tools
CapTrader is considered safe because it has a long track record and is regulated by top-tier financial authorities. After Brexit, European users of CapTrader are being served through the Irish licence of Interactive Brokers.
Recommended for investors and traders looking for low fees and sophisticated trading platforms
| Pros | Cons |
|---|---|
| • Low stock and ETF fees | • Complicated account opening |
| • Wide range of products | • Complex desktop trading platform |
| • Many great research tools | • High forex fees |
Fees
CapTrader has low stock and ETF fees, and margin rates are also low. On the other hand, forex, options and futures fees are high.
| Pros | Cons |
|---|---|
| • Low stock and ETF fees | • High forex fees |
| • One free withdrawal per month | |
| • Low margin rates |
| CapTrader | TradeStation Global | |
|---|---|---|
| Apple benchmark fee | $4.3 | $3.3 |
| Vodafone benchmark fee | $21.5 | $5.5 |
| EURUSD benchmark fee | $13.7 | $8.1 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
CapTrader's account opening is fully digital, but the positives stop there, as the process is complicated, account verification takes long, and there's a steep €2,000 minimum deposit.
| Pros | Cons |
|---|---|
| • Fully digital | • Slow |
| • Not user-friendly | |
| • High minimum deposit of €2,000 |
| CapTrader | TradeStation Global | |
|---|---|---|
| Minimum deposit | $2,400 | $1,000 |
| Time to open account | >3 days | 1 day |
If you are interested more in CapTrader minimum deposit, this overview will help you.
Deposit and withdrawal
CapTrader offers one free withdrawal per month and has a decent selection of account base currencies; however, it doesn't accept credit/debit cards and electronic wallets.
| Pros | Cons |
|---|---|
| • No deposit fee | • Credit/Debit card not available |
| • One free withdrawal per month | • Electronic wallets not accepted |
| CapTrader | TradeStation Global | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
CapTrader's WebTrader web platform is user-friendly, has a clear fee report, and is accessible via a safe two-step login process. On the negative side, it is not customizable.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | |
| • Two-step (safer) login |
| CapTrader | TradeStation Global | |
|---|---|---|
| Web platform score | 4.5 stars | 4.5 stars |
| Mobile platform score | 3.8 stars | 3.8 stars |
| Desktop platform score | 3.0 stars | 3.0 stars |
Learn more about CapTrader's web trading platform in the detailed CapTrader review.
Markets and products
Through CapTrader, you can access an extremely wide range of markets, and virtually all product types imaginable.
| CapTrader | TradeStation Global | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | Yes | Yes |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
CapTrader is a global stockbroker for investors and traders, providing direct access to more than 1.2 million financial instruments in 33 countries. We recommend this broker mainly for advanced traders.
On the plus side, CapTrader has low stock and ETF fees, a vast range of available markets and products, and diverse research tools.
There are some drawbacks, though. It charges high forex fees, and the account opening process is complicated. The desktop platform is complex and might be hard to get a handle on, especially for beginners.
If you have experience navigating complex platforms and enjoy transparent, low-cost trading, CapTrader could be a great fit for you.
| CapTrader | |
|---|---|
| Summary | CapTrader is a global stock broker for investors and traders, providing direct access to more than 1.2 million financial instruments in 33 countries. |
| Fees score | 3.6 stars |
| Recommended for | Investors and traders looking for low fees and sophisticated trading platforms |
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TradeStation Global alternatives
Zacks Trade
Zacks Trade is a US-based discount broker and a division of LBMZ Securities. LBMZ Securities was founded in 1978 and is regulated by the top-tier US financial authorities SEC and FINRA.
LBMZ Securities's clearing and execution services are provided through Interactive Brokers, a global stockbroker regulated by many top-tier financial authorities globally.
If you're familiar with the services of Interactive Brokers, you might notice that many of Zacks Trade's services are the same. To sum up:
- Zacks Trade has its own, different fee structure, product selection, educational tools and customer support.
- The account opening and deposit/withdrawal processes, trading platforms and research tools are the same as at Interactive Brokers.
Zacks Trade is considered safe because it has a long track record and is overseen by top-tier regulators.
Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees
| Pros | Cons |
|---|---|
| • Low fees | • Complex desktop platform and research tools |
| • Extensive stock and ETF selection | • Slow and complicated account opening |
| • Great customer service | • Limited educational tools |
Fees
Zacks Trade has low trading and non-trading fees. Its stock, ETF and bond trading fees are especially low, while mutual fund fees are quite high.
| Pros | Cons |
|---|---|
| • Low stock and ETF fees | • High fund fees |
| • No withdrawal fee | |
| • No inactivity fee |
| Zacks Trade | TradeStation Global | |
|---|---|---|
| Apple benchmark fee | $2.3 | $3.3 |
| Vodafone benchmark fee | $31.9 | $5.5 |
| EURUSD benchmark fee | - | $8.1 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Zacks Trade has a fully digital account opening for clients all over the world, and there is no minimum deposit. On the negative side, we found the process slow and hard to navigate.
| Pros | Cons |
|---|---|
| • Fully digital | • Slow |
| • No minimum deposit | • Not user-friendly |
| Zacks Trade | TradeStation Global | |
|---|---|---|
| Minimum deposit | $0 | $1,000 |
| Time to open account | >3 days | 1 day |
If you are interested more in Zacks Trade minimum deposit, this overview will help you.
Deposit and withdrawal
Zacks Trade offers one free withdrawal per month for nearly all base currencies. However, you cannot use credit/debit cards or electronic wallets to deposit or withdraw funds.
| Pros | Cons |
|---|---|
| • Free withdrawal | • Credit/Debit card not available |
| • No deposit fee | |
| • Several account base currencies |
| Zacks Trade | TradeStation Global | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
The Zacks Trade web platform is simple and easy to use even for beginners. On the negative side, it is not customizable.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | |
| • Two-step (safer) login |
| Zacks Trade | TradeStation Global | |
|---|---|---|
| Web platform score | 4.5 stars | 4.5 stars |
| Mobile platform score | 3.8 stars | 3.8 stars |
| Desktop platform score | 3.0 stars | 3.0 stars |
Learn more about Zacks Trade's web trading platform in the detailed Zacks Trade review.
Markets and products
Zacks Trade offers international stocks, ETFs and bonds, which is fairly unique for a US broker, as well as US funds and options. However, you cannot trade futures or forex.
| Zacks Trade | TradeStation Global | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | No | Yes |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | Yes | Yes |
| Futures | No | Yes |
| CFD | No | Yes |
| Crypto | No | Yes |
Verdict
Zacks Trade is a great US discount broker. It is a division of LBMZ Securities, which is regulated by the SEC and FINRA.
On the plus side, Zacks Trade has low fees, outstanding stock and ETF selections and great customer service.
There are some drawbacks though, as its desktop trading platform and research tools are quite complex. The account opening is complicated and slow. Lastly, we missed some useful educational tools.
As Zacks Trade provides a demo account and doesn't require any minimum deposit, feel free to try it.
| Zacks Trade | |
|---|---|
| Summary | Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash). |
| Fees score | 4.3 stars |
| Recommended for | Traders and investors looking for comprehensive research tools, a wide product selection and low fees |
TradeStation Global alternatives
Interactive Brokers
Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).
As it has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. Having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.
Recommended for traders looking for low fees and a professional trading environment
| Pros | Cons |
|---|---|
| • Low trading fees | • Complicated account opening process |
| • Wide range of products | • Complex desktop trading platform |
| • Many great research tools | • High forex fees |
Fees
Interactive Brokers has low trading fees; for US clients, stock and ETF trading is free. On the negative side, there is a high inactivity fee for non-US clients.
| Pros | Cons |
|---|---|
| • Low trading fees | • Inactivity fee |
| • Free stock and ETF trading for US clients | |
| • Low margin rates |
| Interactive Brokers | TradeStation Global | |
|---|---|---|
| Apple benchmark fee | $2.3 | $3.3 |
| Vodafone benchmark fee | $16.3 | $5.5 |
| EURUSD benchmark fee | $8.1 | $8.1 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated, and account verification takes relatively long.
| Pros | Cons |
|---|---|
| • Fully digital | • Not user-friendly |
| • No minimum deposit for most account types | • Confusing messages throughout the process |
| Interactive Brokers | TradeStation Global | |
|---|---|---|
| Minimum deposit | $0 | $1,000 |
| Time to open account | 1-3 days | 1 day |
If you are interested more in Interactive Brokers minimum deposit, this overview will help you.
Deposit and withdrawal
Interactive Brokers offers many account base currency options and one free withdrawal per month. The main drawback is that you can only use bank transfer.
| Pros | Cons |
|---|---|
| • No deposit fee | • Credit/Debit card not available |
| • Several account base currencies | |
| • First withdrawal each month free |
| Interactive Brokers | TradeStation Global | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Interactive Brokers's web platform is simple and easy to use, even for beginners. On the negative side, it is not customizable.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | |
| • Two-step (safer) login |
| Interactive Brokers | TradeStation Global | |
|---|---|---|
| Web platform score | 4.5 stars | 4.5 stars |
| Mobile platform score | 3.8 stars | 3.8 stars |
| Desktop platform score | 3.0 stars | 3.0 stars |
Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.
Markets and products
Through Interactive Brokers, you can access an extremely wide range of markets, and all product types are available.
| Interactive Brokers | TradeStation Global | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | Yes | Yes |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker mainly for advanced traders.
On the plus side, IB has low fees, a vast range of available markets and products, and diverse research tools.
There are some drawbacks, though: there is a high forex fees, and the account opening process is complicated. The desktop platform is complex and hard to get a handle on, especially for beginners.
If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers could be a great fit for you.
| Interactive Brokers | |
|---|---|
| Summary | Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. |
| Fees score | 4.2 stars |
| Recommended for | Traders looking for low fees and a professional trading environment |
TradeStation Global alternatives
Saxo Bank
Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK Financial Conduct Authority (FCA).
Saxo Bank is a global service provider and its subsidiaries are present in the form of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Bank UK.
Saxo Bank is considered safe because it has a long track record, a banking background and is regulated by top-tier financial authorities.
Recommended for investors and traders looking for a great trading platform and solid research
| Pros | Cons |
|---|---|
| • Great trading platform | • High bond, options and futures fees |
| • Outstanding research | • High minimum deposit |
| • Broad product portfolio | • Lacks live chat and 24/7 availability |
Fees
Saxo Bank has average trading and non-trading fees overall. Trading fees vary greatly between different asset classes.
| Pros | Cons |
|---|---|
| • Low forex fees | • Inactivity fee |
| • Low fund fees | • High bond, options and futures fees |
| • No withdrawal fee |
| Saxo Bank | TradeStation Global | |
|---|---|---|
| Apple benchmark fee | $20.3 | $3.3 |
| Vodafone benchmark fee | $21.5 | $5.5 |
| EURUSD benchmark fee | $7.8 | $8.1 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Saxo's account opening is fully digital, user-friendly and available in most countries. On the other hand, the minimum deposit is high in certain countries and account verification can take longer.
| Pros | Cons |
|---|---|
| • Fully digital | • Minimum deposit is high in certain countries |
| • User-friendly | • Slow account verification |
| • Available in almost every country |
| Saxo Bank | TradeStation Global | |
|---|---|---|
| Minimum deposit | $10,000 | $1,000 |
| Time to open account | >3 days | 1 day |
If you are interested more in Saxo Bank minimum deposit, this overview will help you.
Deposit and withdrawal
Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Electronic wallets not available for deposit or withdrawal |
| • Free withdrawal | |
| • No deposit fee |
| Saxo Bank | TradeStation Global | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Saxo Bank's web trading platform is one of the best among online brokers. While it's easy to use, the platform also provides features tailored for professionals, such as an advanced order panel.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Clear fee report | |
| • Two-step (safer) login |
| Saxo Bank | TradeStation Global | |
|---|---|---|
| Web platform score | 5.0 stars | 4.5 stars |
| Mobile platform score | 5.0 stars | 3.8 stars |
| Desktop platform score | 5.0 stars | 3.0 stars |
Learn more about Saxo Bank's web trading platform in the detailed Saxo Bank review.
Markets and products
Saxo Bank's product portfolio covers all asset classes and a lot of markets globally. Mutual funds and crypto are the only areas where the selection could be improved.
| Saxo Bank | TradeStation Global | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | Yes | Yes |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
Saxo Bank is a great broker, providing a complex and good service.
It offers a user-friendly and well-designed trading platform, backed by great research. The product portfolio covers all asset types and many international markets.
It has some drawbacks though. The fees for bonds, options and futures are high. There is also a high minimum deposit for certain countries. Lastly, there is no live chat or 24/7 customer support.
In general, Saxo Bank is one of the best online brokerage companies out there. By opening an account, you will get a broad, well-developed service constantly adapted to the needs of clients.
| Saxo Bank | |
|---|---|
| Summary | Saxo Bank is a Danish investment bank. It is regulated by more than 10 financial authorities, including the top-tier UK FCA. |
| Fees score | 3.1 stars |
| Recommended for | Investors and traders looking for a great trading platform and solid research |
TradeStation Global alternatives
Bottom line
Based on our analysis, there are several good alternatives to TradeStation Global. They all offer similar products and target similar customers. Here's a recap of the results in a table.
| Broker | Info | Recommended for |
|---|---|---|
| TradeStation Global | UK-based global stockbroker | Traders and investors looking for low fees and a wide selection of products |
| CapTrader | Global stock broker | Investors and traders looking for low fees and sophisticated trading platforms |
| Zacks Trade | US discount broker | Traders and investors looking for comprehensive research tools, a wide product selection and low fees |
| Interactive Brokers | US discount broker | Traders looking for low fees and a professional trading environment |
| Saxo Bank | Danish investment bank | Investors and traders looking for a great trading platform and solid research |
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