Feb
4
Are there day trading rules for forex?
Filed Under forexautomoney
guardrailjim asked:
Mainly, is there a minimum amount of funds required in your account.
Like trading equities, there must be $25,000 in your account to day trade.
Does forex have any requirements, or special rules only pertaining to forex?
Any and all advice is welcome.
Thank you.
Michelle
Mainly, is there a minimum amount of funds required in your account.
Like trading equities, there must be $25,000 in your account to day trade.
Does forex have any requirements, or special rules only pertaining to forex?
Any and all advice is welcome.
Thank you.
Michelle
Comments
3 Responses to “Are there day trading rules for forex?”
Are you sure you thought this through? Day trading & Forex? That’s like throwing money out the window with one hand while playing craps with the other. The brokers will love you as long as your cash lasts. Verify what you read. Educate your self. Get diverse opinions.
Doesn’t look like there are any restrictions. It’s traded OTC and is not marginable.
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