TradeStation Group Launches Crypto IRA | national news
PLANTATION, Florida, December 13, 2021 / PRNewswire / – TradeStation today announced that customers of TradeStation Crypto, Inc. can now own cryptocurrency as an alternative investment in a Self-Directed Individual Retirement Agreement (IRA). With a self-directed IRA, clients can decide to purchase cryptocurrency to further diversify their retirement assets held in their IRAs.
TradeStation’s Self-Directed IRA allows clients to hold and trade cryptos in a tax-deferred account that provides exposure to crypto assets as well as the ability to earn interest on crypto assets held at TradeStation Crypto. TradeStation’s Self-Directed IRA provides flexibility to individuals and investment advisers who aim to achieve greater diversification by including access to cryptocurrency. In response to growing client interest in crypto, this new deal will allow clients to gain additional exposure to digital assets as an alternative investment.
With a Self-Directed TradeStation IRA, clients can:
- Invest in crypto, stocks, options and futures *
- Trade Cryptos Without Crypto Custody Fees??
- Get the Tax Benefits of IRA Accounts When Buying or Selling Cryptocurrencies
- Take advantage of TradeStation’s award-winning crypto platform and tools??
“With the rollout of this enhancement to TradeStation’s Self-Directed IRAs, we are excited to offer clients the option of owning crypto assets when planning for retirement,” said James putra, Vice President, Product Strategy at TradeStation Crypto, a subsidiary of the TradeStation Group. “Crypto assets and blockchain remain one of the most disruptive innovations within the financial industry. We are proud to show our commitment to providing our clients with expanded product and service offerings in addition to owning the crypto in their IRAs. “
Please visit TradeStation.com to open a self-directed IRA account with TradeStation.
About TradeStation Group, Inc.
TradeStation has been a fintech pioneer for decades in supporting independent traders and investors in their efforts to claim their financial advantage. TradeStation provides award-winning trading and analysis platforms and self-clearing online brokerage services for stocks, ETFs, equity and index options, commodity and financial futures, futures options and cryptocurrencies. These trading platforms are accessible on desktop, web and mobile, as well as through API technologies that provide seamless access to TradeStation’s trading environment through third party platforms. TradeStation’s offerings also include deep and growing learning content designed to build new investor confidence and hone the skills of seasoned traders.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC, NFA & CME offers brokerage services of stocks, options, futures and options as a broker in securities approved and trader in futures commissions (FCM), and is a member of the main stock and futures exchanges of United States. TRADESTATION SECURITIES, INC. IS A MEMBER OF NFA AND IS SUBJECT TO REGULATORY OVERSIGHT AND REVIEWS BY NFA. HOWEVER, YOU SHOULD BE AWARE THAT THE NFA HAS NO REGULATORY SUPERVISORY AUTHORITY OVER ANY UNDERLYING VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR SPOT OR VIRTUAL CURRENCY EXCHANGES, DEPOSITARIES OR MARKETS. TradeStation Crypto, Inc. offers self-clearing cryptocurrency brokerage services under a federal and state money services business, money issuer, and similar registrations and licenses. TradeStation Crypto, Inc. is not subject to the oversight and regulatory reviews of the NFA.
* Stocks, stock options, and commodity futures products and services are offered by TradeStation Securities, Inc. (member of NYSE, FINRA, CME and SIPC). Cryptocurrency and digital asset products and services are offered by TradeStation Crypto, Inc. Interest on crypto assets is paid in the same assets held by customers, interest rates are subject to change and TradeStation Crypto reserves the right to interrupt the payment of interest at any time. For more information, see the “Crypto IRA” and “Crypto Interest” FAQs at https://www.tradestation.com/faqs/.
ƚ See https://www.tradestation.com/pricing/ for transaction fees charged by TradeStation companies in TradeStation self-directed IRAs and https://www.tradestation.com/pricing/service-fees/ for fees of service charged by TradeStation companies in TradeStation’s self-directed IRAs.
ǂ Visit TradeStation.com/Awards for more information.
The information in this press release is provided for informational purposes only, and is not intended to constitute tax advice that can be relied on to avoid penalties under any federal, state, local or other tax laws or regulations. and do not solve any tax problem. in your favor. Refer to IRS Publication 590, Individual Retirement Accounts for more information on IRAs in general and consult your tax professional about your individual tax situation.
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SOURCE TradeStation Group, Inc.