which broker do you like for NO-PDT rule ?

Discussion in 'Retail Brokers' started by cashclay, Aug 12, 2021.

  1. cashclay

    cashclay

    Im into shorting stocks however I wanted to find a decent and reliable broker to bypass the PDT RULE. Most of them are offshore companies which somewhat gets me nervous. However I guess i have to take my chances. Just wondering which broker , if you have used, is good for shorting and reliable? Thanks
     
    Trading1717 likes this.
  2. ZBZB

    ZBZB

    Borrow $25000 on your mortgage and use a regular broker.
     
    cashclay likes this.
  3. cashclay

    cashclay

    LOL ...
    Thanks for the advice. But like I said Im a newbie to trading. You cando that if youre an expert. I am not and far from it ..
     
    Trading1717 likes this.
  4. ZBZB

    ZBZB

    If you choose an offshore broker you are taking risk as well.
     
  5. One day your account may be gone if you use these offshore brokers. Seen it too many times
     
    cashclay likes this.
  6. tjuggler

    tjuggler

    And you'd better have a sizeable cushion above the 25K. If you slip below that, even for a moment, suspensions, etc will occur.
     
  7. Eikfe

    Eikfe

    IB since the move to Ireland