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Old 15-11-2004, 20:04   #1
supermart
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Cool very simple question

I know this is probably a dumb/obvious question to those who know but I've searched several websites without finding a definite answer. Please accept my newbie apology in advance. Does the "pattern day-trader" rule which applies to the NYSE NASDAQ other markets (minimum $25k balance if you trade 4 or more times a week I believe...) apply to the FX market? My best guess would be no but like I said I haven't seen it explicitly stated one way or the other.
Thanks
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Old 15-11-2004, 21:10   #2
bearprofits
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Supermart

You can open a mini account with some brokers for as little as $300.00 trade as often as long as you want providing you have enough money to cover the margins

Hope that helps
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Old 19-11-2004, 11:37   #3
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My guess would be NO
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