TradeStation International Ltd and Interactive Brokers UK Ltd Plan to Offer Global Trading Account

Discussion in 'Wall St. News' started by KeLo, Jan 25, 2018.

  1. KeLo

    KeLo

    LONDON, Jan. 16, 2018 (GLOBE NEWSWIRE) -- TradeStation International Ltd, the London-based, United Kingdom subsidiary of TradeStation Group, Inc., announced today it has teamed with Interactive Brokers (U.K.) Limited, an affiliate of the Interactive Brokers Group, Inc. (IBKR), to offer a TradeStation Global platform and brokerage account with the ability to trade markets across the globe.

    This new “TradeStation Global” product combines the award-winning* TradeStation trading analysis platform – including a wide range of TradeStation premium features such as the RadarScreen® market monitoring and ranking tool, a market depth tool and the fully customizable TradeStation Charting package – with Interactive Brokers’ multicurrency global account, execution, clearing and settlement capabilities and very low margin rates.

    Qualified clients** will be able to access available market data from Interactive Brokers around the clock and to trade stocks, ETFs, futures (including, where available, Bitcoin futures), forex (major and minor currency pairs), CFDs and bonds, in over 100 markets across the UK, Europe, Scandinavia, United States and the Asia-Pacific region.
    ...
    ** “TradeStation Global” accounts are not available to residents of the United States or Japan.

    https://www.tradestation-international.com/global/

    http://markets.businessinsider.com/...ysis-Technology-with-Global-Market-1013111277
     
  2. " ....teamed with Interactive Brokers (U.K.) Limited, an affiliate of the Interactive Brokers Group, Inc. (IBKR), ...."

    ** “TradeStation Global” accounts are not available to residents of the United States or Japan.


    So once again we get screwed.
     
    comagnum likes this.
  3. KeLo

    KeLo

    Still, it is an interesting development. Maybe a step towards a US partnership sometime in the future?
     
  4. What's the point of the account? Commissions are 40% higher.
     
  5. lexia

    lexia

  6. southall

    southall

    Is the point of this so you can use TradeStation front end instead of the TWS with IB?
     
  7. KeLo

    KeLo

    There is a price war going on with brokers and they are trying new things to survive. This may or may not work out.

    P.S. One can already use Multicharts with IB, but the TS community has a lot of useful codes.
     
    SunTrader likes this.
  8. Daal

    Daal

    you can also use DasTrader with IB