Freetrade - I am getting really frustrated with this account. Daytrading allowances are smaller than regular margin. I don't know how they come up with it. I have gotten a second daytrading call from them, even though I traded very conservatively yesterday.
Does anyone know of a good, definitive interpretation of Reg-T. It seems as if the law is so poorly written the brokers can go any way they want with it. My boyfriend's margined to the max $4000 daytek account has a larger daytrading allowance than my 32,000 50% equity freetrade account.
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