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suretrader
Information by Research TrustFinance
SureTrader was a division of Swiss America Securities, Ltd., a Bahamian broker-dealer. The company gained popularity among international day traders for its low account minimums and for offering high leverage, which allowed clients to bypass the U.S. Pattern Day Trader (PDT) rule. The firm provided direct market access to U.S. equities and options. However, the company faced significant regulatory scrutiny, culminating in charges from the U.S. Securities and Exchange Commission (SEC). On June 1, 2019, SureTrader officially ceased its retail brokerage operations, and its accounts were transferred to another firm.
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