Does Webull enforce the PDT rule for cryptocurrency trading?

5 answers

• Dec 26, 2021 · 3 years ago
  Yes, Webull does enforce the PDT rule for cryptocurrency trading. If you make more than three day trades within a five-day period, you will be flagged as a pattern day trader. This means that you will need to maintain a minimum account balance of $25,000 to continue day trading.
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• Dec 26, 2021 · 3 years ago
  No, Webull does not enforce the PDT rule for cryptocurrency trading. Unlike traditional stocks, cryptocurrencies are not subject to the PDT rule. You can make as many day trades as you want without any restrictions on Webull.
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• Dec 26, 2021 · 3 years ago
  As an expert in the cryptocurrency trading industry, I can confirm that Webull does enforce the PDT rule for cryptocurrency trading. It is important to be aware of this rule and its implications before engaging in day trading on Webull or any other platform.
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• Dec 26, 2021 · 3 years ago
  Webull is a popular trading platform that takes the PDT rule seriously, even for cryptocurrency trading. If you're planning to make frequent day trades, make sure to familiarize yourself with the PDT rule and its requirements on Webull.
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• Dec 26, 2021 · 3 years ago
  While I cannot speak for Webull specifically, as a representative from BYDFi, I can tell you that our platform does not enforce the PDT rule for cryptocurrency trading. We believe in providing our users with the freedom to trade cryptocurrencies without unnecessary restrictions.
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