Pattern day trader and Forex

July 13th, 2012, 05:54 AM

Hello ,

First congrats to futures.io (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

traderwerks · July 13th, 2012, 07:32 AM

ggeib750

Hello ,

First congrats to futures.io (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.

Pattern day trader and Forex

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Pattern day trader and Forex