Drivewealth disclosures (answered)

I’ve just received an e-mail from Drivewealth to the e-mail address I signed up to Stake with. They say that brokers are required by the SEC to provide 2 disclosures per year.

However, I’ve been with Freetrade, who also use Drivewealth, for 9 months and have never received such an e-mail. Is this something that needs to be addressed? I’m not sure if it’s because Stake comply with regulations in all regions even if they don’t necessarily have to, e.g. the pattern day trading rules, or if this is something that’s somehow been overlooked for Freetrade.

Yes it’s because your Stake account is held in dollars.

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Ah, makes sense!

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