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It's likely not a big deal but something you should be aware of. Why does this matter? A currency conversion fee will be charged if you deposit in a different currency than the base currency of the target trading account. For example, at IG, it is possible to have both EUR and USD-based accounts. At some brokers, you can also have more trading accounts with different base currencies. This means either that the interface is not user-friendly or that figuring out where and how you have to make the transfer is a bit complicated.įind out more about depositing to TradeStation Global on their official website:Įach trading account has a base currency, which means that the broker will hold your deposited money in that currency. Credit / debit card and online wallets: instant or a few hoursĪ minor issue with depositing money to TradeStation Global is that based on our experience it's not user-friendly compared to similar brokers.The average transfer times for the different methods are: See how TradeStation Global deposit methods compare with similar online brokers: TradeStation Global deposit methods vs. While there is no deposit fee at TradeStation Global, the available deposit methods are also important for you. If you want to know more about TradeStation Global fees, check out the fee chapter of our TradeStation Global review. This is great because the broker won't deduct anything from your deposits and you only have to calculate with the costs charged by the bank / third-party you send the money with. TradeStation Global does not charge a deposit fee. Credit/Debit card deposit is not possible.Here are the main pros and cons when it comes to depositing at TradeStation Global: Pros
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It is sometimes called an initial deposit or funding.īeyond the required minimum deposit, there are a couple of other factors to consider when you are about to open an account at TradeStation Global. The minimum deposit means that you will first need to transfer this amount to your brokerage account from your bank account in order to start trading. This also means that you will be covered by the investor protection mechanisms available at Interactive Brokers. similar brokersīecause TradeStation Global is the introducing broker of Interactive Brokers, your money will be held at IB. The minimum deposit at TradeStation Global is $1,000.Ĭheck the following comparison table to see how TradeStation Global stacks up against similar brokers when it comes to minimum deposits: TradeStation Global minimum deposit vs.