I currently have etrade and I have a margin account with less than $25,000 and I am marked at pattern day trader. Meaning I am now restricted....is there any way to "bypass" the stupid restriction(s)?
Would it be better to open the 2nd cash only account within etrade and transfer half of the money from the "margin" account and into the cash only account? Or would it be better if I have 2 brokers (Etrade and Fidelity)?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.