As long as your broker is based in the U.S., you will be required to maintain a minimum of USD 25,000 in your brokerage account in order to effectively day trade. You may consider opening up an offshore brokerage account with a firm such as Capital Markets Elite Group Limited (CMEG). Since the account will be held offshore, you will not be required to maintain the USD 25,000 minimum required by U.S. law. More information on CMEG can be found here: https://bearbulltraders.com/technology/ > Brokers
I do not live in the U.S. Do I need a minimum of USD 25,000 in my account in order to day trade? Print
Modified on: Tue, 8 Mar, 2022 at 3:40 PM
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