But I think part of the question was also about frequency of trading (regardless of wrapper). This is an interesting point as T212 have not said in detail why they don’t conform to PDT rules like other US brokers. Or did they and I missed it? Or are they really not subject to PDT (Pattern Day Trading) when clients transact US shares? I genuinely don’t know the minutia of the law to know if they are bound or not! Those with greater wisdom might know why!
But feel this doesn’t explicitly state why.
Or why I am bound by PDT on my Stake account that is not a margined account.