Jump to content
Isaac21

Brokers and PDTR for european traders

Recommended Posts

Hello there,

After 6 months running DAS simulator and conected to BBT comunity, I am looking forward to go live.

I live is Israel and I am looking for a broker without PDT 25K rule. Any suggestion?

Thank you

Isaac

Share this post


Link to post
Share on other sites
On 10/7/2018 at 9:23 AM, Isaac21 said:

Hello there,

After 6 months running DAS simulator and conected to BBT comunity, I am looking forward to go live.

I live is Israel and I am looking for a broker without PDT 25K rule. Any suggestion?

Thank you

Isaac

Hey Isaac, you might want to try CMEG, i´ve ben using them and so far so good. Since they are outside of the USA they are not bound by the rule.

Hope it helps, there is a lot of info on the forums about them.

Share this post


Link to post
Share on other sites

Isaac,

 

If IB is available in Israel you might contact them and ask about PDT rule for non-US residents. We've been hearing reports recently that they are not holding non-US residents to PDT rule, but please check for yourself.

Share this post


Link to post
Share on other sites

Hey guys,

Just got off the phone with IB. I'm based in EU so not US resident, but apparently it is definitely not possible to be exempted from the PDT rule. I will be looking into other options...

Cheers,

Ronnie

Share this post


Link to post
Share on other sites
5 hours ago, MrRonnie said:

Hey guys,

Just got off the phone with IB. I'm based in EU so not US resident, but apparently it is definitely not possible to be exempted from the PDT rule. I will be looking into other options...

Cheers,

Ronnie

I gave up looking for low-risk/cost-effective alternatives to circunvent the PDT rule. I didn't find any solution, so I decided to open an account with IB and put up with the dreaded PDT rule. CME was on the table, so I sent them several questions about their known shortcomings, and they basically said, "those are part of the risk of trading". Such ridiculous answer made me discart them.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.