any broker with no pattern day trading rules

Discussion in 'Retail Brokers' started by Reymond, Dec 28, 2015.

  1. #11     Dec 29, 2015
  2. #12     Dec 29, 2015
  3. d08

    d08

    Canada might not have PDT for Canadian equities but it applies to US equities no matter where you are from. When I was an EU resident trading with IB UK, PDT applied to me.
     
    #13     Dec 29, 2015
    cbc1 likes this.
  4. Bowgett

    Bowgett

    You don't know about that but leverage is certainly might be a problem for him.
     
    #14     Dec 29, 2015
  5. prc117f

    prc117f

    The sad thing is because of the PDT rule is it ends up leading traders who are undercapitalized to Forex bucketshops where they end up losing it all in a blink of an eye.

    I would rather have someone daytrade SPY with 10K VS them blowing it in 5 minutes in the Forex bucketshop.
     
    #15     Dec 29, 2015
  6. Hooter

    Hooter

    1k? Is this a good idea? If you must, try the firm in the Bahamas. I used them and they paid. Have you done any papertrading?
     
    #16     Jan 2, 2016
  7. Wisard

    Wisard

    #17     Jan 3, 2016
  8. Hooter

    Hooter

    New outfit called TradeZero (offshore). Claims free limit orders
     
    #18     Feb 14, 2016
  9. i960

    i960

    US citizens can't trade CFDs and all Americans are prone to PDT if they have a margin account and trade equities. For this matter (and quite a few others) most people trade futures. At 1000$ you're undercapitalized in general. Paper trade.
     
    #19     Feb 14, 2016
  10. Gamble on an offshore shop. It's the only thing that's going to be able to provide you with what you want. You're obviously taking a risk, so you have to see if it's worth it.
     
    #20     Feb 22, 2016
    MoreLeverage and Hooter like this.