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Does the Pattern Day Trader (PDT) rule apply on all brokers? or some brokers can ignore it

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    It only applies to US stock brokers. It does not apply to US futures brokers. This is a US rule, so it only applies to the US.
    – Flux
    Commented Nov 17, 2020 at 17:52
  • So if my broker is located in UK but the broker trading US stocks the PDT can be not apply?
    – leonidas efrem
    Commented Nov 17, 2020 at 18:00
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    If your stock broker is regulated by FINRA, you will be subject to PDT rules.
    – Flux
    Commented Nov 17, 2020 at 18:06
  • okay thank you!
    – leonidas efrem
    Commented Nov 17, 2020 at 18:11
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    @Flux Please do not answer questions in the comments.
    – Ben Miller
    Commented Nov 17, 2020 at 20:16

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The pattern day trader rule is a U.S. regulation established by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). It applies to margin accounts with brokers in the U.S. Offshore brokers are not subject to SEC and FINRA rules.

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