How to reset PDT status on Webull?

3 answers

• An PhuongAug 23, 2021 · 4 years ago
  To reset your PDT status on Webull, you need to make sure you have a cash account instead of a margin account. PDT rules only apply to margin accounts. Contact Webull support and request to switch your account type to a cash account. Once your account is switched, your PDT status will be reset and you can trade without the restrictions.
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• Dharsana SMar 14, 2021 · 4 years ago
  Resetting PDT status on Webull is easy. Simply go to the settings menu in the Webull app or website and look for the account type option. Change your account type from margin to cash and your PDT status will be reset. Remember to review the PDT rules and regulations before you start trading again.
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• Miller Roofing and RenovationsMar 31, 2024 · a year ago
  If you're using BYDFi for cryptocurrency trading, you can reset your PDT status by following these steps: 1. Go to the BYDFi website and log in to your account. 2. Navigate to the account settings section. 3. Look for the PDT status option and click on it. 4. Follow the instructions provided to reset your PDT status. Once the reset is complete, you'll be able to trade without any PDT restrictions.
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