You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
PDT rule
- Thread starter zg81
- Start date
Quote from zg81:
Are there any firms that offer services to get around the PDT rule, i.e., I deposit a small amount of money (several thousands) but I can still day trade?
i imagine that pretty much all prop firms do what you are looking for!
Im more interested in retail firms that let you daytrade with less than the 25k. Can only think of alliance at teh moment in that bracket....
Quote from bigpapi:
That's news to me, a retail firm that doesn't follow the pdt rule? I don't think they'll be around for long
Theres been a few. Alliance have been around for ages now, so i doubt they'll be going anywhere, but they charge silly commissions/fees.
One day someone's gonna start one with real discount commisisons like you get with IB etc and are gonna get ALL of the underfunded traders coming to them and are gonna make a mint!!
Quote from Brianharvey:
Theres been a few. Alliance have been around for ages now, so i doubt they'll be going anywhere, but they charge silly commissions/fees.
One day someone's gonna start one with real discount commisisons like you get with IB etc and are gonna get ALL of the underfunded traders coming to them and are gonna make a mint!!
That would be sweet, only thing is there's not much daytrading you can do with 1k or even 10k, unless you're trade pennystocks. If they would offer leverage with IB commissions and some type of insurance on the deposit, but then again that's asking for too much .