Best Brokers With No PDT Rule 2025
Stuck under the Pattern Day Trader (PDT) rule? We’ve tested and listed the top brokers that let you day trade without the $25K barrier.
WriterPaul Holmes
Fact CheckerTobias Robinson
-
1
Interactive Brokers' margin accounts automatically enforce PDT checks during testing. However, cash accounts do not follow those rules. You can trade freely as long as you use settled funds and adhere to the T+1 settlement period. This is a practical and compliant option for new traders, offering access to US markets and professional tools.
-
2
In testing, we scalped and traded contracts on NinjaTrader without any PDT warnings. This is because futures are not subject to FINRA's PDT rule. The execution quality was notable. Futures markets are typically liquid, and NinjaTrader provided clear fills even during volatile sessions.
-
3
Based on our testing, PlexyTrade allows free trading with multiple positions, quick entries, and no PDT warnings. Execution is decent for small accounts, but withdrawals take time, regulation is weak, and support can be unresponsive. However, it offers a user-friendly platform and trading freedom.
-
4
With small accounts at Videforex, you can trade all day without PDT limits. The platform works well for basic trades, but there is a higher counterparty risk. Unregulated brokers like Videforex can deny withdrawals or change rules suddenly, unlike the more regulated brokers listed.
Top Trading Platforms Without PDT Comparison
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai, TWS API | ✓ | ✗ | |
 |
✓ | ✓ | $0 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stocks, Options, Commodities, Futures, Crypto | NinjaTrader Desktop, Web & Mobile, eSignal | USD | NinjaScript or via Automated Trading Interface | ✗ | ✗ | |
 |
✓ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
 |
✓ | ✓ | $250 | $0.01 | 1:500 | ✓ | ✗ | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | TradingView | USD, EUR, GBP, AUD, RUB | ✓ | ✗ | ✓ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Brokers With No PDT Rule 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✓ | ✓ | |
|
✗ | ✗ | ✗ | |
|
✗ | ✓ | ✓ | |
|
✓ | ✓ | ✗ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With No PDT Rule 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
iOS & Android | ✓ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Brokers With No PDT Rule 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $0 | $100 | ✓ | ✗ | ||
|
✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $50 | 0.01 | ✗ | ✗ | ||
|
✓ | $250 | $0.01 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Brokers With No PDT Rule 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
|
Capitalise.ai, TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
|
NinjaScript or via Automated Trading Interface | ✗ | ✗ | ✗ | ✗ | 1:50 | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
|
✓ | ✗ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers With No PDT Rule 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Brokers With No PDT Rule 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With No PDT Rule 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
|
✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
|
✗ | $25 | ✗ | 1.3 | Floating | |
|
✗ | ✗ | 5 | 0.7 | 1.1 | |
|
✗ | $10 | NA | 0.1 | Floating | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Brokers With No PDT Rule 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Interactive Brokers |
|
| NinjaTrader |
|
| Videforex |
|
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- TWS's platform may be difficult for beginners to grasp because of its complexity - we were overwhelmed during our initial tests by the sheer volume of tools, features and widgets.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- You can access thousands of applications and add-ons from developers worldwide for trading.
- NinjaTrader provides detailed charting software for active traders, complete with custom technical indicators and widgets.
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
Cons
- Some payment methods require a withdrawal fee.
- You need to register with partner brokers to trade in securities other than forex and futures.
- The advanced trading tools require an additional fee.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
- Plexytrade provides up to 1:2000 leverage, one of the highest rates available. It's designed for experienced traders who opt to bypass regulatory safeguards.
- Plexytrade is a unique offshore broker that accepts US residents as clients. This makes it one of the few offshore brokers that serve US-based traders.
Cons
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
Why Trade With Videforex?
Videforex caters to traders who want a simple platform for predicting the trends of major financial markets through binary options. With a swift registration process and web-based platform, it's easy to get started.
Pros
- Traders have the opportunity to earn up to 98% payouts on over 100 assets through the broker's binary options. This offering is comparable to competitors such as IQCent.
- Videforex is a rare brokerage with 24/7 multilingual video support, offering extensive help for active traders.
- Videforex has added over 60 new assets, offering traders access to popular crypto (TON, ARB, PEPE, SHIB), leading tech stocks (Tesla, Meta, Nvidia, Amazon), and a more diverse FX portfolio (THB, ZAR, MXN).
Cons
- Our latest tests indicate that the client terminal requires upgrades due to occasional slow and unresponsive widgets, which may negatively affect the experience for traders.
- The lack of educational resources is a significant disadvantage for new traders, as top trading platforms often provide useful content like blogs, videos, and live trading sessions.
- Videforex is not authorized by a reliable regulator. This means traders may not get important protections such as separate client accounts.
Filters
No-PDT brokers carry risks. Verify regulations and fund safeguards. U.S. traders can’t legally use binary options or CFDs, and lost funds may be hard to recover.
How BrokerListings.com Chose The Best Trading Platforms Without The PDT Rule
We didn’t just scrape websites for marketing claims. We:
- Opened accounts with each broker, including both cash and margin setups where possible.
- Traded actively – scalps, intraday swings, back-to-back entries – to check whether PDT restrictions kicked in.
- Checked execution quality by running trades during high-volatility sessions, monitoring slippage and order fills.
- Probed support with direct PDT-related questions, noting where brokers gave clear answers and where responses felt vague.
That mix of hands-on tests plus real trading conditions gave us a clear picture of how no-PDT brokers perform in practice, not just in theory.
What Is The Pattern Day Trader Rule?
Day traders in the U.S. often run headfirst into a wall: the Pattern Day Trader (PDT) rule. Put simply, FINRA and the SEC restrict you to a handful of round-trip trades in a rolling five-day period unless you’ve got $25,000 in your account. Drop below that threshold, and your broker will lock down your ability to day trade on margin.
For many, that’s a deal-breaker. Nobody wants their strategy throttled because they don’t have $25K sitting idle. That’s why ‘no-PDT brokers’ have become so sought after.
FINRA proposed changes to the PDT rule in 2025, potentially lowering the threshold and making day trading much more accessible to millions of smaller retail investors. However, the proposed changes must be approved by the SEC, so the $25K limit is still in place currently.
What Is A No-PDT Broker?
In our experience, the phrase ‘no-PDT broker’ can actually mean two different things:
- Using cash accounts or alternative instruments (like futures) with regulated brokers that don’t trigger PDT restrictions. For smaller accounts that want to stay regulated, this is one of the safest routes.
- Trading with offshore brokers who don’t answer to FINRA or the SEC, meaning PDT doesn’t apply, but neither do most protections. During testing, we observed limited regulatory oversight, weaker fund protection, and uncertain withdrawal reliability.
Both camps give you day trading freedom, but the experience and risks differ.
The Pros Of A PDT-Free Account
- Freedom for Small Accounts: No $25K barrier, meaning you can actually day trade with a few hundred or thousand dollars.
- Strategy Testing: You can trial new setups back-to-back without waiting for settlement.
- Psychological Boost: Trading without a hard cap on round-trips makes you feel more in control and accelerates learning.
The Risks Of A PDT-Free Account
Freedom isn’t free. The traps are real, and they showed up in our investigations.
- Overtrading Potential: When you’re allowed unlimited trades, it’s easy to go too far. On some offshore platforms, I saw small accounts wiped out quickly because traders chased moves without restraint.
- Counterparty Risk: With offshore brokers especially, you’re relying on promises. Withdrawals can be delayed, terms can shift overnight, and there’s no FINRA or SEC to backstop disputes.
- Leverage Dangers: Many offshore brokers use high leverage. Combine that with unlimited trades, and small accounts can quickly evaporate. Even with US-based futures firms, the leverage risk is just as real.
- Platform Reliability: I noticed occasional freezes and slippage using some global brokers without PDT – not ideal when you’re scalping. With regulated brokers, execution quality was consistently stronger.
When To Use A No-PDT Broker
From our real-world experience, here’s when these accounts are worth considering:
- Sub-$25K traders who want to be active without waiting for settlements.
- Strategy testers running multiple intraday setups for faster learning.
- Scalpers and hedgers managing multiple positions or rapid entries.
- Traders seeking confidence-building through active practice.
If you do decide to go down this path, here’s what we’d suggest:
- Start with small position sizes, even if the broker lets you go unlimited.
- Use stops – offshore or futures leverage can punish hesitation.
- Understand settlement rules in cash accounts so you don’t tie up capital unknowingly.
- Check withdrawals early to see how smooth (or slow) your broker actually is.
- Prioritize regulated paths if you want longevity and capital safety.
Article Sources
Day Trading (With Pattern Day Trading Rules Explained) – FINRA
Day-Trading Restraints to Be Loosened Under Proposed Rule Change – Bloomberg