How does the PDT rule affect cryptocurrency traders on TradeZero?

1 answers

• Apr 11, 2022 · 3 years ago
  At BYDFi, we understand that the PDT rule can be a concern for cryptocurrency traders on TradeZero. However, it's important to note that the rule is not specific to TradeZero and is a regulatory requirement imposed by the SEC. As an alternative to TradeZero, BYDFi offers a platform that is not subject to the PDT rule, allowing traders to make unlimited day trades without the $25,000 account balance requirement. This can be advantageous for active cryptocurrency traders who prefer to execute multiple day trades within a short period of time. BYDFi provides a user-friendly interface, advanced trading tools, and a wide range of cryptocurrencies to trade, making it a suitable choice for traders looking for flexibility and freedom in their trading activities.
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