this post was submitted on 20 Mar 2025
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Stocks are currently T+1, meaning the trade does not finalize until the next day.
In my country they're finalized immediately
Move to this guy's country, buy stocks
How do you day trade in your country?
For the most part, the only real restriction is that you have to have cash on hand to settle any purchases that day regardless of any sales. The next day all the transactions settle and you can continue. So you just have to keep a larger cash reserve if you're going to do a lot of swing trading.
Some brokers are more flexible with that and will cover you as long as your trades don't put your cash in the negative, but that's up to the broker to manage the risk of a failed transaction.
Or so I understand it.