Day Trade Call (DT Call)

What is a DT call?

A Day Trade Call occurs if you exceed your Day Trade Buying Power or day trade through an open EM Call. It can be met with a deposit or transfer of securities.

How it happens

A Day Trade Call happens when you exceed your DTBP, usually the result of intra-day profits or releasing more than what's held overnight. It also happens if you day trade while in an EM Call.

Receiving a DT call

4X leverage is removed and no day trade buying power until the DT Call is met. Overnight buying power won't be replenished until the following business day after swing trade. No instant buying power will be credited from pending ACH deposits until the call is met. A 2nd active Day Trade Call will result in account closure for 90 days.

How to resolve a DT call?

A DT call can be met with a cash deposit of no less than the call amount or transfer of securities. Funds must be held in the account for a full 2 business days to satisfy the call. If you wish to meet the DT call by transferred securities in, please contact customer service so that we can work with you to ensure it meets the call amount.

Note:

Liquidating stocks cannot meet the DT call. Any withdrawal while the DT call is open will result in an increased DT call amount.