S suggy Active member Messages 133 Likes 0 Mar 21, 2003 #1 hi all, just a bit confused atm. do you need $25k to intraday trade the Dow? or is this just Nasdaq? cheers
hi all, just a bit confused atm. do you need $25k to intraday trade the Dow? or is this just Nasdaq? cheers
Trader333 Moderator Messages 8,753 Likes 1,026 Mar 21, 2003 #2 Dow Future Hi Suggy, You need $25K to be a "Pattern Day Trader" of Nasdaq stocks. For trading the Dow future with Ifor example Interactive Brokers you would need at least $2000 to open an account. I hope this helps Paul
Dow Future Hi Suggy, You need $25K to be a "Pattern Day Trader" of Nasdaq stocks. For trading the Dow future with Ifor example Interactive Brokers you would need at least $2000 to open an account. I hope this helps Paul
M Miki Member Messages 98 Likes 1 Mar 22, 2003 #3 ...and you need to maintain your account at $2,000 (it musn't drop below that amount - unless you are already in the trade).
...and you need to maintain your account at $2,000 (it musn't drop below that amount - unless you are already in the trade).
C ChartMan Legendary member Messages 5,580 Likes 47 Mar 22, 2003 #4 If you trade it through FINS, you can get an account for £100..... Don't expect to make a grand a day though.
If you trade it through FINS, you can get an account for £100..... Don't expect to make a grand a day though.
S suggy Active member Messages 133 Likes 0 Mar 22, 2003 #5 :cheesy: thanks for the info folks :cheesy: