11. Will I be subject to the U.S. Pattern Day Trading Rule once my account is migrated?
Accounts maintained with IBUK are subject to the U.S. Pattern Day Trading (PDT) rule as the accounts are introduced to and carried by IBLLC, a U.S. broker. The PDT rule restricts accounts with equity below USD 25,000 to no more than 3 Day Trades within any 5-business day period.
As accounts migrated to IBLUX will not be introduced to IBLLC, they will not be subject to the PDT rule.
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Looking for broker in EU
in Day Trading Brokers
Posted · Edited by Enska
Because of brexit, IBUK PDT rules will change soon.
https://ibkr.info/node/3544