Overview of TradeStation Global fees and charges
It's safe to say that TradeStation Global's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use TradeStation Global even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of TradeStation Global's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Low | $0.01 per share, min. $1.5 |
| EURUSD fee | Low | 0.6 bps*trade value; min $2 per trade |
| US tech fund fee | High | $25 per trade |
| Inactivity fee | Low | No inactivity fee |
TradeStation Global fees
TradeStation Global fees explained
We compare TradeStation Global fees with its closest competitors, Saxo Bank and Swissquote.
TradeStation Global fees
TradeStation Global trading fees
TradeStation Global's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).
Let's break down the trading fees into the different asset classes available at TradeStation Global.
Trading fees
TradeStation Global's trading fees are low.
Stock fees and ETF fees
TradeStation Global has low stock trading fees.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| US stock | $1.5 | $10.0 | $25.0 |
| UK stock | $2.0 | $9.0 | $28.3 |
| German stock | $2.4 | $9.9 | $29.7 |
Forex fees
TradeStation Global's forex fees are low.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| EURUSD benchmark fee | $14.7 | $14.6 | $15.0 |
| EURGBP benchmark fee | $12.6 | $12.0 | $11.4 |
Fund fees
TradeStation Global fund fees are high.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| Mutual fund | $25.0 | $0.0 | $9.0 |
| EU mutual fund | $2.4 | - | $9.0 |
Bond fees
TradeStation Global has low bond fees.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| US Treasury bond | $7.5 | $79.2 | $75.0 |
| EU government bond | $15.0 | $79.2 | $49.5 |
Options fees
TradeStation Global's options fees are average.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| US stock index options | $15.0 | $30.0 | $19.9 |
| UK stock index options | $17.0 | $28.3 | - |
| German stock index options | $14.9 | $39.6 | $9.9 |
Futures fees
TradeStation Global's futures fees are low.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| US micro e-mini stock index futures | $5.0 | $40.0 | $19.9 |
| UK stock index futures | $10.7 | $33.9 | - |
| German e-mini stock index futures | $13.4 | $39.6 | $9.9 |
CFD fees
TradeStation Global has average CFD trading fees.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| Apple CFD | $1.6 | $10.1 | - |
| Vodafone CFD | $5.5 | $9.4 | - |
| Germany | $15.0 | $11.4 | - |
Financing rates
TradeStation Global financing rates are low.
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| Apple CFD financing rate | 5.3% | 7.3% | - |
| Vodafone CFD financing rate | 4.5% | 5.7% | - |
| EURUSD financing rate | 2.7% | 3.4% | 3.1% |
| EURGBP financing rate | 2.1% | 2.4% | 2.1% |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
TradeStation Global will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.6 bps * trade value; min. $2 per trade.
TradeStation Global fees
TradeStation Global non-trading fees
When it comes to looking at all the non-trading fees TradeStation Global is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at TradeStation Global that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $10 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | Yes | No |
| Account fee | No | No | No |
TradeStation Global fees
TradeStation Global deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and TradeStation Global is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods TradeStation Global offers.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | Yes | Yes |
| Electronic wallets | No | No | No |
| Deposit fee | $0 | $0 | $0 |
TradeStation Global fees
TradeStation Global withdrawal fee
Unlike some online brokers we have reviewed TradeStation Global does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| TradeStation Global | Saxo Bank | Swissquote | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | Yes | Yes |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $10 |
TradeStation Global fees
TradeStation Global inactivity fee
TradeStation Global does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
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