IB Friends and Family and PDT

Discussion in 'Retail Brokers' started by smile, Dec 20, 2011.

  1. smile

    smile

    How are F and F subaccounts handled regarding the PDT rule and 25K req? More specifically, are all sub accounts pooled to meet the 25k requirement or do each of them have to meet the req separately?
    Many thanks
     
  2. IB-AN

    IB-AN Interactive Brokers

    Each account stands on its own with respect to meeting the PDT rule. That is, there is no aggregation of equity across accounts, nor does a day trade in one account impact the count of day trades in another.