Can I trade cryptocurrencies on td ameritrade without the pattern day trading restriction?
Manasi PatilJan 14, 2022 · 3 years ago3 answers
Is it possible to trade cryptocurrencies on td ameritrade without being subject to the pattern day trading restriction? I'm interested in trading cryptocurrencies, but I don't want to be limited by the pattern day trading rule. Can td ameritrade offer a solution to this?
3 answers
- Jan 14, 2022 · 3 years agoYes, you can trade cryptocurrencies on td ameritrade without the pattern day trading restriction. Unlike stocks, cryptocurrencies are not subject to the pattern day trading rule. This means you can make unlimited day trades without needing to maintain a minimum account balance of $25,000. However, it's important to note that td ameritrade may have its own trading restrictions or requirements for cryptocurrencies, so it's always best to check with them directly before starting to trade.
- Jan 14, 2022 · 3 years agoAbsolutely! td ameritrade allows you to trade cryptocurrencies without any pattern day trading restrictions. You can freely buy and sell cryptocurrencies as frequently as you like without worrying about the pattern day trading rule. Just make sure to familiarize yourself with td ameritrade's specific policies and guidelines for cryptocurrency trading to ensure a smooth trading experience.
- Jan 14, 2022 · 3 years agoYes, you can trade cryptocurrencies on td ameritrade without the pattern day trading restriction. td ameritrade offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, and more. With td ameritrade, you can take advantage of the volatility in the cryptocurrency market without any limitations imposed by the pattern day trading rule. Start trading cryptocurrencies on td ameritrade today and explore the exciting opportunities in the digital asset space!
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