CMEg no pdt??

Discussion in 'Retail Brokers' started by cashclay, Oct 19, 2022.

  1. cashclay

    cashclay

    Has anyone used this broker? They’re offshore so for us who don’t have 25,000 and want to get around the pdt rule it seems like a good place to start
    Just wondering how their execution speed and short selling list is. Thanks
     
  2. ZBZB

    ZBZB

    Trade in a cash account.
     
    earth_imperator likes this.
  3. TrAndy2022

    TrAndy2022

    Seems to be shady and have no good reputation if you google them and look about reviews and comments or experiences about them. You can also look for prop firms or brokers who offer good leverage intraday. That is the better options. There is recently a thread opened on stocks trading below prop firms. Have a look. I also posted there.
     
  4. cashclay

    cashclay

    With the prop firms does the pdt rule apply ?
     
  5. TrAndy2022

    TrAndy2022

    of course not
     
  6. cashclay

    cashclay

    Thank you
     
  7. Cash accounts are only for options, CME is futures and futures options. No cash account only margin.
     
  8. Overnight

    Overnight

  9. This is easy just trade futures with a futures broker and if your only holding for the day, Then the CME let’s the brokers set the margin, some boiler room, some USD/NDZ or in this case, ZN62. Find what works for you without going 500:1 leverage with some offshore broker but hey Emini futures are 50x the S&P, so there big contracts for a little bit of Margin, 50:1 Leverage.
     
  10. Overnight

    Overnight

    It's not the CME, man. The guy is asking about CMEG, to get around the PDT rule. That is stocks, not futures! Ug!
     
    #10     Oct 19, 2022
    cashclay likes this.