Does forex have day trading rules?
Asked 4 years ago
Are there PDT rules like your account having to have a minimum of 25k, a limited amount trades, etc., in Forex?
Andia Rispah Igobwa
Tuesday, December 14, 2021
Because NFA and FINRA do not have restrictions on day trading forex, futures options, or futures contracts, Futures Options are not subject to the same rules as other investing opportunities.
Because of NFA and FINRA regulations, covering margin on Futures, Futures Options, and Forex positions does not count toward the $25,000 minimum equity requirement for day traders.
So, let summarize:
Is there a PDT rule regarding foreign exchange trading?
The PDT rule does not apply to forex traders since it was designed exclusively for stockbrokers by FINRA.
Please follow our Community Guidelines
Related Articles
eToro vs Coinbase: Compare Products, Features, Fees, & More
Andrew Moran
October 31, 2021
Best Forex Day Trading Strategies for Beginners
Filip Dimkovski
December 23, 2024
Solved—The Answers to Plus500’s Trading Knowledge Assessment
Andrew Moran
December 17, 2024
Related Posts
Filip Dimkovski
The Fundamentals of Forex Currency Exchange Trading
Andrew Moran
The PDT Rule: Why You Need 25k to Day Trade
Filip Dimkovski
Best Forex Day Trading Strategies for Beginners
Andrew Moran
How Much Does a Pattern Day Trader Make?
Andrew Moran
How to Day Trade Without 25k
Can't find what you're looking for?