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suretrader Broker
- Thread starter grux
- Start date
Quote from grux:
Has anyone here used sure trader? I just found out that you can day trade without $25,000 in your account.
if you're a us citizen, you can face some consequences for trying to circumvent that rule by going to a broker dealer outside of the us. i know that suretrader is affiliated with speedtrader, so if you are a us citizen, i would recommend using speedtrader to avoid any complications that arise when using foreign broker dealers.
Quote from fixedgrin88:
if you're a us citizen, you can face some consequences for trying to circumvent that rule by going to a broker dealer outside of the us. i know that suretrader is affiliated with speedtrader, so if you are a us citizen, i would recommend using speedtrader to avoid any complications that arise when using foreign broker dealers.
Thanks for the response. I tried looking up information about the consequences of using a foreign broker while living in the US, but I didn't find anything...can you direct me to some information or further clarify these consequences? Thanks!
What are the consequences if you use a foreign broker dealer?Quote from fixedgrin88:
if you're a us citizen, you can face some consequences for trying to circumvent that rule by going to a broker dealer outside of the us. i know that suretrader is affiliated with speedtrader, so if you are a us citizen, i would recommend using speedtrader to avoid any complications that arise when using foreign broker dealers.