What is a pattern day trader (PDT)?
  • Crypto
  • Promotion
  • Deposit & Withdrawal
  • Stock Transfer
  • Trading
  • Options Trading
  • Fees
  • Account Opening
  • IRA
  • Platforms
  • Webull Desktop
  • Markets
  • Glossary
  • About Us
What is a pattern day trader (PDT)?

A pattern day trader is a regulatory designation for investors that execute four or more day-trades during five business days’ time. The PDT rule applies to margin accounts only. If your margin account receives this designation while it has a net account value below $25,000, an EM call occurs.

TRD-PDT0001 S.jpg

If a margin account has $25,000 or more, you will always have unlimited day trade opportunities; it does not matter if your account is flagged with a PDT. 

Please note the PDT rule does not apply to cash accounts.

What is a Good-Faith Violation (GFV)?

Problem Solved?