I was looking for a broker that offers these things:

1. API for performing transactions from a script
2. No PDT rule
3. Low minimum deposit for a margin account (Able to short)

But I could not find any others than IB, which requires you to have at least 25.000$ in equities to surpass the PDT rule. A little help finding some brokers would be appriciated.

I am a non-US resident as well.

Asset class: Stock

  • $\begingroup$ What asset class are you looking to trade? $\endgroup$ May 4, 2020 at 14:24
  • $\begingroup$ @HamishGibson Stocks $\endgroup$ May 4, 2020 at 14:25

1 Answer 1


PDT (Pattern Day Trader) is an SEC rule. You will not find a US retail broker anywhere that allows you to surpass it.

If you were a professional with the proper licenses and had an account at a proprietary trading firm the rule could be surpassed. Here is a recent list of firms compiled by someone else. It is by no means comprehensive but maybe try contacting some of them: Proprietary Trading Firms

  • $\begingroup$ tradezero.co does not follow the PDT rule. $\endgroup$ May 4, 2020 at 16:57
  • $\begingroup$ @EliasKnudsen I edited my answer. PDT only apply's to US brokers. $\endgroup$
    – amdopt
    May 4, 2020 at 17:11
  • 1
    $\begingroup$ Do know of any non-US retail broker that meet my criterias? $\endgroup$ May 4, 2020 at 17:16
  • $\begingroup$ @EliasKnudsen The link in my answer includes some firms have European offices. I would try contacting them and see if they can accommodate you. $\endgroup$
    – amdopt
    May 4, 2020 at 17:20
  • $\begingroup$ Have you looked at Saxo Bank, Degiro Online Stock Trading, SwissQuote, Lynx. I don't really know these and am not recommending any of them. $\endgroup$
    – nbbo2
    May 4, 2020 at 20:35

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