UK/Euro based equities broker

Discussion in 'Retail Brokers' started by mark_mm, Feb 19, 2011.

  1. mark_mm



    I am looking into trading US stocks using a UK broker as I live in the UK. Am I right in the assumption I will not be subject to the PDT rule? Given this is true what kind of leverage could I expect and what commissions/fees should I be looking for?

    Say I have a 10k account I would like to trade from a basket of stocks holding for a few hours -days. Is this viable.

    I am coming from a spot forex background where you risked 2% and based it on lots and stop size.

    Is this correct example of the way I could trade.

    I have 10k with n:1 leverage, so I can trade up to 10k*n worth of stocks?

    I want to trade 10 stocks that meet my criteria for my systems.

    Each stock is $10 (to keep it simple) so I can trade 10k*n/10/10 stocks in total for each symbol?