What are the fees associated with using a cash account for trading cryptocurrencies on TradeStation?

1 answers

• Dec 26, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on TradeStation using a cash account, there are a few fees to consider. Firstly, there may be a commission fee for each trade you make. This fee is typically a percentage of the trade value and can vary depending on the specific cryptocurrency you are trading. Additionally, there might be a spread fee, which is the difference between the buying and selling price of a cryptocurrency. This fee is usually applied when you execute a trade. Lastly, there could be withdrawal fees if you decide to transfer your cryptocurrencies from your TradeStation account to an external wallet. These fees can vary depending on the cryptocurrency and the amount you are withdrawing. It's always a good idea to check TradeStation's fee schedule or contact their customer support for the most accurate and up-to-date information on fees.
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