deaddog Apr 10, 2009 #12 IB enforces this rule in Canada The Canadain banks don't.With that number of trades you should eventually qualify for the active trader rates. Etrade, Questrade and tradefreedom didn't enforce the rule in Canada. not sure about Scotia itrade.
IB enforces this rule in Canada The Canadain banks don't.With that number of trades you should eventually qualify for the active trader rates. Etrade, Questrade and tradefreedom didn't enforce the rule in Canada. not sure about Scotia itrade.
S stevelevi Apr 10, 2009 #13 I have an IRA margin account with IB with much over 25k can I daytrade ? is the PDT rule applies ?
G gkishot Apr 10, 2009 #15 Quote from stevelevi: I have an IRA margin account with IB with much over 25k can I daytrade ? is the PDT rule applies ? More... http://individuals.interactivebrokers.com/en/p.php?f=accountConfig&p=i&ib_entity=llc I am not sure if you can sell stocks short.
Quote from stevelevi: I have an IRA margin account with IB with much over 25k can I daytrade ? is the PDT rule applies ? More... http://individuals.interactivebrokers.com/en/p.php?f=accountConfig&p=i&ib_entity=llc I am not sure if you can sell stocks short.
T TraderSU Apr 10, 2009 #17 Quote from gkishot: Is there such thing as IRA margin account? More... NO, IRA IS ALWAYS A CASH ACCOUNT.
Quote from gkishot: Is there such thing as IRA margin account? More... NO, IRA IS ALWAYS A CASH ACCOUNT.
S stevelevi Apr 10, 2009 #18 I am reading and it says " Us resident may open CASH or MARGIN IRA IRA maegin accounts may never borrow but are afforded all the other benefits of a margin account such as the ability to DAY TRADE"
I am reading and it says " Us resident may open CASH or MARGIN IRA IRA maegin accounts may never borrow but are afforded all the other benefits of a margin account such as the ability to DAY TRADE"
S stevelevi Apr 10, 2009 #19 so my question if I have more than $25k in my IB margin account and I try to daytrade does PDT rules apply ?
so my question if I have more than $25k in my IB margin account and I try to daytrade does PDT rules apply ?
J JackR Apr 10, 2009 #20 Quote from stevelevi:so my question if I have more than $25k in my IB margin account and I try to daytrade does PDT rules apply ? More... Yes. You may daytrade. All PDT rules apply. Jack
Quote from stevelevi:so my question if I have more than $25k in my IB margin account and I try to daytrade does PDT rules apply ? More... Yes. You may daytrade. All PDT rules apply. Jack
