|English: Schematic representation of short selling in the two steps. Deutsch: Schematische Darstellung des Leerverkaufs bei Wertpapieren (short-selling) Español: La imagen representa una venta corta en dos pasos. (Photo credit: Wikipedia)|
A company based in the Bahamas and that uses clearing firms in the US, SureTrader offers many advantages to investors, a point that was highlighted by the company's CEO on Friday's LiveStock on Demand. So, what are those advantages?
For a start, a SureTrader client is not affected by the restrictions of the Pattern Day Trader Rule. Clients can trade in a manner that suits them, without restrictions such as being confined to three day trades in any five day rolling period.
Another benefit is that a client can trade without a high minimum threshold, such as $25k, in his account.
An additional advantage for the client is that he can open an account with SureTrader for as little as $2000, much less that many other companies require.
Brokers are aware of the increasing demand for short-sales. In SureTrader, the CEO, Guy Gentile, is determined to make the company the one stop shop for short sales.
A great boon for clients is that SureTrader charges only $4.95 per trade for trades up to 1000 shares, much less than most of our competitors.
An overwhelming advantage for our clients is that, in dealing with an offshore company, the tedious and bureaucratic procedures required in the US are sidestepped.
Wherever an international trader might be located, SureTrader is more than willing to be of service and to bring its many advantages to your trading.
To get you started, feel free to use my name as a referral. You won't regret it as you will see the many benefits coming your way very soon.