Daytrading under 25k

Discussion in 'Prop Firms' started by Jack27, Nov 24, 2009.

  1. Jack27


    As most of you are aware, under SEC rules implemented in 2001, accounts under 25k can only do 3 round-trip day trades (buy and sell in the same day) in a 5 day period.

    I am looking for a remote, straight-forward prop firm/trading group/whatever brokerage that offers daytrading for accounts under 25k, which many traders here are. A difference is that I do not plan on using leverage because of the added risk. Reasonable availability of shares to short is important as well.

    I'm looking for a 'brokerage' / LLC Partnership much like Harmon Trading Group, but as I'm aware, they are currently no longer seeking new member applications. I appreciate any and all help from fellow traders.