Captain Haddock
Active member
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Hi all
Great board, well done all those who contribute.
It's my first post, so I'll try and make it a good'un. 😆
I've been trading the UK market everyday for years, and I now feel it's time to at least take a look at the NASDAQ. I've always preffered the very short term approach, but the UK market can be very restrictive for that, so I have adapted a longer term style to suit the market.
I plan on opening the account and having a go with small clips for a while and still trade the UK to keep the income coming, if I like it and am happy I'll change the Bias to Nasdaq.
I did a bit of research into it a year ago, but times change. My questions are:
I know $25k is the minimum account opening size, but what %margin is the norm, does it vary from broker to broker?
Does the Account Balance have to stay above $25k at all times to keep daytrading status?
What commisions can I expect to pay?
Does anyone have any specific DA broker recommendations?
Thanks.
Great board, well done all those who contribute.
It's my first post, so I'll try and make it a good'un. 😆
I've been trading the UK market everyday for years, and I now feel it's time to at least take a look at the NASDAQ. I've always preffered the very short term approach, but the UK market can be very restrictive for that, so I have adapted a longer term style to suit the market.
I plan on opening the account and having a go with small clips for a while and still trade the UK to keep the income coming, if I like it and am happy I'll change the Bias to Nasdaq.
I did a bit of research into it a year ago, but times change. My questions are:
I know $25k is the minimum account opening size, but what %margin is the norm, does it vary from broker to broker?
Does the Account Balance have to stay above $25k at all times to keep daytrading status?
What commisions can I expect to pay?
Does anyone have any specific DA broker recommendations?
Thanks.