What are the day trading rules for cryptocurrency on TD Ameritrade?

1 answers

• Ali YazdanNov 08, 2021 · 4 years ago
  Day trading rules for cryptocurrency on TD Ameritrade follow the same guidelines as day trading stocks. If you execute four or more day trades within a five-business-day period, you will be classified as a pattern day trader. Pattern day traders are required to maintain a minimum equity of $25,000 in their accounts. Falling below this threshold will result in restrictions on day trading activities until the minimum equity requirement is met again. It's crucial to understand and adhere to these rules to avoid any potential consequences or limitations on your trading activities.
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