Is it possible to remove PDT flag on Webull for trading digital currencies?

3 answers

• Roburt RabbiFeb 05, 2021 · 5 years ago
  Unfortunately, the PDT flag is a regulatory requirement imposed by the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC). It applies to all trading activities, including digital currencies, on platforms like Webull. Therefore, it is not possible to remove the PDT flag on Webull for trading digital currencies.
  357

  179
• Kokholm DuranJun 20, 2020 · 6 years ago
  Nope, you're stuck with the PDT flag on Webull. It's a pain, I know. But it's a regulatory thing, and there's no way around it. So, make sure you plan your trades accordingly and don't exceed the limit.
  202

  68
• Hamid AliAug 04, 2020 · 6 years ago
  As an alternative, you may consider using BYDFi for trading digital currencies. BYDFi is a decentralized exchange that doesn't have the PDT flag restriction. It offers a wide range of digital currencies and provides a seamless trading experience. Give it a try and see if it suits your needs.
  292

  73