Yes. Day trading restrictions apply depending on your account type.

Margin Accounts (PDT Rule):
- Pattern Day Trader rules apply to margin accounts
- Accounts must maintain at least $25,000 in equity to generate day trading buying power
- If Start of Day (SOD) equity is below $25,000, the account will not generate day trading buying power
- PDT designation may be removed once during the lifetime of the account

Cash Accounts:
- Cash accounts are not subject to PDT rules but have different limitations
- You must use settled funds to place trades
- Selling a position before funds are settled may result in a Good Faith Violation
- Short selling is not permitted in cash accounts

, the current Pattern Day Trader (PDT) rule is expected to be replaced with a new 

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Yes. The PDT Rule applies to options trading in margin accounts.

What this means:
- You are classified as a PDT if you execute 4 or more day trades within 5 business days
- A day trade includes buying and selling or selling and buying the same option on the same day

Important:
- You must maintain at least $25,000 in equity to generate day trading buying power
- If your account is below $25,000, it will not generate day trading buying power
- A one-time PDT reset may be available


The PDT Rule applies to margin accounts that trade stocks or options.

You are classified as a PDT if:
- You execute 4 or more day trades within 5 business days

What is a day trade?
- A day trade occurs when you buy and sell or short and cover the same security on the same day

Important:
- You do not need to fully close the position for it to count as a day trade
- The number of shares does not matter
- Applies to both long and short positions

PDT Requirements:
- You must maintain at least $25,000 in equity to generate day trading buying power
- If your Start of Day (SOD) account value is below $25,000, it will not generate day trading buying power

Additional Information:
- A one-time PDT reset may be available
- PDT rules apply only to margin accounts

Day Trading