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Anonymous

18 Feb 2021

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General Investing

Is TD Ameritrade Singapore affected by the Pattern Day Trader (PDT) rule also?

Does the PDT rule of having min. $25,000USD apply to Singapore holders of a TD account?

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Nicholas Beh

18 Feb 2021

Student Ambassador 2020/21 at Seedly

Yes. You will be restricted to 3 round-trip trades (day trades) within a rolling 5 working day period. You can check how many trades you have left in the app.

Most other brokers with local operations here in SG do not enforce PDT, including but not limited to:

Interactive Brokers Singapore
Tiger Brokers
Futu/Moomoo
FSMOne
Saxo
POEMS
Local banks

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