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I have emailed IB several times asking for a specific answer to this
question, and they refuse to state one way or the other. They will happily
talk about what it means to those with $100,000.
Hopefully someone has a definitive answer to this.
> The new requirements for day trading accounts state that there must
> be $25,000 in the account. I understand that if more than four
> trades in one week are closed within the same trading day, this
> imposes restrictions on the trader.
> Do these new restrictions apply to trades even if they are fully
> funded, or only to those day traders who are given special lower
> margin requirements? If it applies even to fully funded
> transactions, then a prudent trader who closes out losing trades
> quickly to keep losses small will be penalized for his prudence.
> Does anyone know for sure?
>
>
>
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