Broker that allows algo trading, no pdt rule and a low minimum deposit

Broker that allows algo trading, no pdt rule and a low minimum deposit

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Elias Knudsen · External communityPost link
External question — Quantitative Finance Stack Exchange Author: Elias Knudsen Original post: https://quant.stackexchange.com/questions/53846 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I was looking for a broker that offers these things: 1. API for performing transactions from a script 2. No PDT rule 3. Low minimum deposit for a margin account (Able to short) But I could not find any others than IB, which requires you to have at least 25.000$ in equities to surpass the PDT rule. A little help finding some brokers would be appriciated. I am a non-US resident as well. Asset class: Stock
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amdopt · External communityPost link
External answer — Quantitative Finance Stack Exchange Author: amdopt Original post: https://quant.stackexchange.com/a/53852 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. PDT ( Pattern Day Trader ) is an SEC rule. You will not find a US retail broker anywhere that allows you to surpass it. If you were a professional with the proper licenses and had an account at a proprietary trading firm the rule could be surpassed. Here is a recent list of firms compiled by someone else. It is by no means comprehensive but maybe try contacting some of them: Proprietary Trading Firms
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