All Share (J203) = 88 525
Rand / Dollar = 18.08
Rand / Pound = 23.49
Rand / Euro = 19.74
Gold (usd/oz) = 3 000.41
Platinum (usd/oz) = 1 000.31
Brent (usd/barrel) = 70.92
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Tradestation Minimum Deposit

TradeStation Minimum Deposit Review

 

Tradestation does not have a minimum deposit required to use the TS Go plan, but a trader needs a minimum deposit amount of $2 000 to use TS Select, TradeStation’s most commonly used pricing structure which includes access to all three TradeStation platforms.

 

Tradestation at a glance

Broker's NameTradeStation
📍 HeadquarteredPlantation, Florida
📅 Year Founded1982
⚖️ Regulating AuthoritiesFINRA, SEC
🌐 Countries not accepted for tradeNone
☪️ Islamic account (swap-free)No
👍 Demo AccountNo
📊 Institutional AccountsYes
📊 Managed AccountsYes
🚀 Sign up bonusYes
📈 Maximum LeverageLeverage is often mentioned but no ratio is ever indicated
💰 Minimum Deposit$0
💳 Deposit OptionsOnly wire transfer
💳 Withdrawal OptionsOnly wire transfer
💻 Platform TypesDesktop platform, web trading platform.
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad.
📈 Tradable assets offeredStocks, Bonds, Mutual funds, Exchange-traded funds (ETFs), Options, Futures, Cryptocurrencies.
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish
📆 Customer Service HoursMonday – Friday 8:00 a.m. to 8:00 p.m. ET
👉 Open a accountClick Here

 

Min Deposit

USD 500

Regulators

FINRA, SEC

Trading Platform

TradeStation 10, Web-based platform, FuturesPlus

Crypto

Yes

Total Pairs

55

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Tradestation Account Types – 7 key points quick overview:

  1. Minimum deposit
  2. Deposit fees and deposit methods
  3. Step-by-step guide to depositing the minimum amount
  4. Tradestation Customer Reviews
  5. Tradestation Pros and Cons
  6. Conclusion
  7. FAQ’s

 

Minimum deposit

tradestation minimum deposit

 

This minimum deposit amount was equivalent to ZAR 30 000 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

Tradestation’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

Deposit fees and deposit methods

tradestation deposit methods

 

Compared to other brokers, the lack of a minimum deposit amount that Tradestation requires when traders register a live TS Go plan is beneficial, but the requirement for the TS Select plan is quite high. Tradestation offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

 

Tradestation offers only one deposit and withdrawal method, wire transfer. Tradestation does not levy additional deposit fees, but third-party charges will be applicable. Sending a wire costs $25 domestic and $35 international.

 

Processing times for deposits are promised to be fast – within 24 hours. USD, EUR, GBP, AUD, CAD, HKD, SGD, CHF, or JPY are accepted as deposit currencies.

 

Traders must ensure that they verify whether their financial institution charges its own fees.

 

Step-by-step guide to depositing the minimum amount

Traders can fund their accounts by sending the funds to one of the Tradestation segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

Step 1 – At the top menu locate the “accounts” option.

On the main Tradestation website locate the “accounts” tab and click on the “funding instructions” tab.

deposit the minimum deposit tradestation step 1

 

Step 2 – follow the step-by-step guide

Follow the steps to see the exact instructions on depositing the minimum deposit .

deposit the minimum deposit tradestation step 2

 

Step 3 – Fund your account.

Once you have viewed the instructions on the funding page you can now fund your account by logging into your personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

deposit the minimum deposit tradestation step 3

 

Funds must be transferred in the same currency as the bank account to which they are sending it, to prevent currency conversion fees from being charged.

 

Tradestation Customer Reviews

tradestation customer reviews

 

 

So far evrything is cool with the…

So far evrything is cool with the service.I would be happy if you could alert clients on intraday margin requirements as they have been changing quite so often such that it sometimes takes traders into margin voilation and penalties.Most of the micro/mini symbols margin requirements should also be regularly kept low enough for small traders.Thanks

Tradestation Minimum Deposit

Great Platform

I have been using the platform since 2018 till now, it’s super fast and am very satisfied with their services.

Customer reviews Five stars

This company is very profitable

This company is very profitable
No issue of withdrawing
Instantly payment

Customer reviews Five stars

Tradestation Pros and Cons

✔️ Pros❌ Cons
Broker is well regulated and has a great reputationCould be more user-friendly
Buy US-listed stocks and ETFs at a 0% chargeLimited access to international assets
Mobile app availableNo copy trading tools provided
Multiple account types can be chosenNo forex trading markets
No minimum deposit requirement for the TS Go planOnly one deposit method is available

 

Min Deposit

USD 500

Regulators

FINRA, SEC

Trading Platform

TradeStation 10, Web-based platform, FuturesPlus

Crypto

Yes

Total Pairs

55

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

Overall, Tradestation does not have a minimum deposit required to use the TS Go plan, but a trader needs a minimum deposit amount of $2 000 to use TS Select, TradeStation’s most commonly used pricing structure which includes access to all three TradeStation platforms. Tradestation’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.,

 

You might also like: Tradestation Sign-up bonus

You might also like: Tradestation Demo Account – Step by Step

You might also like: Tradestation Fees and Spreads

You might also like: Tradestation Islamic Account Overview

You might also like: Tradestation Account Types

 

FAQ’s

What is the minimum deposit required to open an account with Tradestation?

$0 for the TS Go plan, but $2 000 for the TS Select plan.

 

How do you make a deposit and withdraw money with Tradestation?

Tradestation offers only wire transfer as a deposit method or for withdrawal.

 

Does Tradestation charge withdrawal fees?

No, Tradestation does not charge withdrawal fees.

 

How long does it take to make a withdrawal?

The withdrawals on Tradestation may take a few business days and money may also take time to reflect in a trader’s bank account.

5/5 - (2 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 26, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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