Pattern day trader


#1

I’m new and may have missed the answer somewhere in the forum, but can anyone tell me if I will be subject to the pattern day trader rules by trading binary options on nadex?


#2

No. You can trade as often as you like provided you have enough money in your account to cover the cost of each lot plus fees. The link below will help you at tax time. There was a change in 2013.

http://apexinvesting.net/forum/brokers-118/nadex-1256-tax-treatment-125.html#.VKWooXtBk80