common-close-0
BYDFi
Trade wherever you are!

How many day trades are left on Webull for cryptocurrency trading?

avatarPrivate UserDec 27, 2021 · 3 years ago3 answers

I would like to know the number of day trades that are still available on Webull for cryptocurrency trading. Can you provide me with this information?

How many day trades are left on Webull for cryptocurrency trading?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! As of my knowledge, Webull allows up to 3 day trades within a 5 trading day period for accounts with less than $25,000 in equity. If you have more than $25,000 in equity, you can make unlimited day trades. However, it's always a good idea to check with Webull directly or refer to their official documentation for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    Hey there! Webull has certain restrictions on day trades for cryptocurrency trading. If your account has less than $25,000 in equity, you can make up to 3 day trades within a 5 trading day period. But if you have more than $25,000 in equity, you're free to make as many day trades as you want. Keep in mind that these rules are in place to comply with the regulations set by the Financial Industry Regulatory Authority (FINRA).
  • avatarDec 27, 2021 · 3 years ago
    According to my understanding, Webull follows the pattern day trading (PDT) rule for cryptocurrency trading. This means that if your account has less than $25,000 in equity, you can only make up to 3 day trades within a 5 trading day period. However, if you have more than $25,000 in equity, you won't be limited by this rule and can make unlimited day trades. Keep in mind that this information may change, so it's always a good idea to double-check with Webull or refer to their official documentation.