PDT rule for US-based traders
US traders with accounts less than $25,000 are subject to the pattern day trader (PDT) rule and the 4:1 intraday-margin limitation for non-professional traders. In order to get access to more trading capital, US traders generally need to fulfill licensing requirements to join a prop firm. Alternatively, you can get creative with off-shore prop trading solution providers like Fondexx.
So if you are a US trader and more buying power is what you are looking for, then contact Fondexx here for access to generous trading capital through professional leverage to take advantage of current market opportunities.
Professional trading solutions for non-US-based traders
Traders outside of the U.S. have the great advantage over their American competition that accounts below $25,000 are not subject to the pattern day trader (PDT) rule and the 4:1 intraday-margin limitation for non-professional traders.
Alaric Securites offers starting leverage from 6:1 up to 50:1 plus ultra-low volume-based commissions and direct market access, which allows you to route your orders to specific destinations, access various dark pools, and also receive rebates for providing liquidity.
In a nutshell, you’re getting professional conditions without the need of a large account or a prop trading firm.
Best no-PDT rule brokers for stocks with direct market access (DMA)
Prop trading solutions ideal for traders with limited risk capital:
More buying power – More Profit
Trade with 100:1 leverage: This means that a small $1,000 deposit unlocks $100,000 in buying power to capture more opportunities!
Available instruments
More than 10,000 U.S. stocks, ETFs and cryptocurrencies are available at UTEX.
Trading platforms
There is a wide selection of available platforms from web-based for MacOS to mobile app to the modular Windows-based AURORA platform for the most discerning professional day trader.
Minimum deposit to claim bonus:
- All platforms: $100
Best for traders with more than $5,000 of risk capital:
Trading with flexibility
Get direct market access to self-directed exchanges, dark pools and algo venues. No trades limit, no “per trade” minimums, no PDT rule.
Available instruments
Trade US-stocks, ETFs and options with Alaric Securities. Access stable easy & hard-to-borrow inventory of stocks with no locates fees. Over 5500 stocks available for shorting!
Trading platforms
Get a free demo of HAMMER, a fully customizable, all-in-one professional trading platform which simplifies and empowers your trading experience.
Minimum deposit to open account:
- All platforms: $1000
