Follow

What is a day trading account?

A day trading account is an account with a balance of at least $25,000 or an account that has displayed day trading tendencies. Any account that exceeds three (3) day trades in five (5) business days is automatically considered a day trading account and will be required to maintain a balance of $25,000 to retain margin ability.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments