What are the day trade limits for cryptocurrency on TD Ameritrade?

1 answers

• BovettJun 29, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can tell you that TD Ameritrade has certain day trade limits for cryptocurrency trading. These limits are in place to protect investors and maintain market stability. To engage in day trading on TD Ameritrade, you need to have a minimum account equity of $25,000. This applies to all securities, including cryptocurrencies. Additionally, if you execute four or more day trades within a five-business-day period, you will be classified as a pattern day trader. As a pattern day trader, you must maintain the $25,000 minimum equity requirement. It's important to understand and comply with these limits to avoid any potential restrictions on your trading activities.
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