Hello to all as this is my first post.
I have been reading and trying to learn how to get started as an equities day trader, this is all new to me however I have always harboured a fascination for the workings of trading the stock market.
I am based in the UK and have a ‘normal’ day job therefore I am looking to trade in the evenings on NYSE and TSE.
I have been searching for a broker but so far have not found one that suits my list of requirements, without this I am finding it hard to get a foot hold and make some progress.
I believe my requirements to be (however this is open for debate):
>Direct Access to SE;
>Simulation trading (so I can learn/try things out without risking £££’s);
>Able to open account with a £500-800 starting budget;
>Does not enforce the pattern day trader $25k balance restriction;
>Access to trade on NYSE and TSE;
>Preferably commission charged per share rather than per trade;
1.In light of the above requirements does anyone have a suggested broker;
or
2.Do I have an unrealistic / inappropriate set of requirements?
I found a US based broker http://www.lightspeed.com/ which seemed to tick most of my boxes however as its US based I am going to get hit with the PDT restrictions -.-
If anyone can point me in the right direction I would be most grateful.
I have been reading and trying to learn how to get started as an equities day trader, this is all new to me however I have always harboured a fascination for the workings of trading the stock market.
I am based in the UK and have a ‘normal’ day job therefore I am looking to trade in the evenings on NYSE and TSE.
I have been searching for a broker but so far have not found one that suits my list of requirements, without this I am finding it hard to get a foot hold and make some progress.
I believe my requirements to be (however this is open for debate):
>Direct Access to SE;
>Simulation trading (so I can learn/try things out without risking £££’s);
>Able to open account with a £500-800 starting budget;
>Does not enforce the pattern day trader $25k balance restriction;
>Access to trade on NYSE and TSE;
>Preferably commission charged per share rather than per trade;
1.In light of the above requirements does anyone have a suggested broker;
or
2.Do I have an unrealistic / inappropriate set of requirements?
I found a US based broker http://www.lightspeed.com/ which seemed to tick most of my boxes however as its US based I am going to get hit with the PDT restrictions -.-
If anyone can point me in the right direction I would be most grateful.
