Circumvention of Pattern Day Trader Rule?

Discussion in 'Trading' started by torseaton, May 21, 2009.

  1. torseaton


    There are some Offshore Discount Brokers that people claim can be used to daytrade without the 25K Equity Requirment.

    Is this legal for US Citizen? :confused: Sure it might look like tax evasion but I just want to day trade with my piddly 12k...

    Anyone using one of these?

    Here is one I was looking at:
    In Jamaica, not a place apt toward violent cues anytime soon. Everybody is stoned. :p