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Pattern day trader and Forex


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gerardsamara's Avatar
 gerardsamara 
22 - France
 
Experience: Advanced
Platform: ninjatrader + Kraken
Broker: kraken.com
Trading: Bitcoin
Posts: 44 since Oct 2011
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Hello ,

First congrats to NexusFi (formerly BMT) forum.

I have a question regarding the "Pattern day trader" requirements in the US to trade .

I know that the account must be founded with at least 25K US dollars to trade stocks but does this apply also to futures and spot/future forex ?

Thanks


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  #3 (permalink)
 traderwerks   is a Vendor
 
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ggeib750 View Post
Hello ,

First congrats to NexusFi (formerly BMT) forum.

I have a question regarding the "Pattern day trader" requirements in the US to trade .

I know that the account must be founded with at least 25K US dollars to trade stocks but does this apply also to futures and spot/future forex ?

Thanks

No, the pattern day trade rule only applies to stocks.


Math. A gateway drug to reality.
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Last Updated on July 13, 2012


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