GLOBAL TRADESTATION LTD has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I lost a significant amount because GLOBAL TRADESTATION LTD did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Good analytical tools|Customizable dashboard
Cons: No integrated tax optimization|None so far
My card was charged twice by GLOBAL TRADESTATION LTD on the same day. I had to dispute it with my bank. GLOBAL TRADESTATION LTD then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Reliable uptime|Full transparency
Cons: Would like more payment methods|Limited social trading features
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. GLOBAL TRADESTATION LTD recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Tax reports included|Full transparency|Smooth onboarding|Market news feed
Cons: Slow to add new assets
I was about to invest with GLOBAL TRADESTATION LTD but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión Nacional del Mercado de Valores has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After spending since last summer trying to make GLOBAL TRADESTATION LTD work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Clear documentation|Fast support response|Automated trading options|Demo account available
Cons: Wait times can be long during peak hours
GLOBAL TRADESTATION LTD changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Real-time alerts|Wide product range
Cons: Minimum deposit could be lower
GLOBAL TRADESTATION LTD has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Copy trading available|Multiple order types
Cons: None so far
I have been trying to close my account with GLOBAL TRADESTATION LTD for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Full transparency|High security standards
Cons: Wish they had more educational resources|No dark mode on mobile
After doing some research AFTER the fact (I know, I should have done this first), I discovered that GLOBAL TRADESTATION LTD is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I had high hopes for GLOBAL TRADESTATION LTD after a friend recommended them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Reliable uptime|Real-time alerts
Cons: Minor UI glitches occasionally|Minimum deposit could be lower