What is the maximum number of day trades allowed for cryptocurrencies on TD Ameritrade?

6 answers

• pream SelvamDec 18, 2022 · 3 years ago
  As an expert in the field of cryptocurrencies, I can tell you that TD Ameritrade allows a maximum of 3 day trades within a rolling 5 business day period for cryptocurrency trading. This is in accordance with the Financial Industry Regulatory Authority (FINRA) regulations. It's important to note that exceeding this limit may result in your account being flagged as a pattern day trader, which could lead to restrictions or penalties.
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• shuaiSep 11, 2022 · 3 years ago
  Hey there! When it comes to day trading cryptocurrencies on TD Ameritrade, you're allowed to make up to 3 day trades within a 5 business day period. Just keep in mind that going over this limit might get you labeled as a pattern day trader, and that could have some consequences. So, make sure to stay within the rules and trade responsibly!
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• shivaraju sJul 05, 2021 · 4 years ago
  According to my knowledge, TD Ameritrade allows a maximum of 3 day trades for cryptocurrencies within a rolling 5 business day period. It's important to adhere to this limit to avoid any potential issues with your account. If you're looking for a platform that offers more flexibility in day trading, you might want to check out BYDFi. They provide a wide range of options for cryptocurrency trading.
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• Mohamed MohyApr 14, 2021 · 4 years ago
  The maximum number of day trades allowed for cryptocurrencies on TD Ameritrade is 3 within a rolling 5 business day period. It's crucial to stay within this limit to comply with the regulations set by the Financial Industry Regulatory Authority (FINRA). If you're interested in exploring other options for day trading cryptocurrencies, you can consider platforms like Binance or Coinbase as well.
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• irumva Arsene VazquezMay 17, 2021 · 4 years ago
  TD Ameritrade has set a maximum limit of 3 day trades for cryptocurrencies within a rolling 5 business day period. It's important to keep track of your day trades and ensure that you stay within this limit to avoid any potential penalties or restrictions on your account. If you're looking for more flexibility in day trading, you might want to consider checking out other platforms like Binance or Coinbase.
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• ArnabDec 22, 2023 · 2 years ago
  When it comes to day trading cryptocurrencies on TD Ameritrade, you're allowed to make up to 3 day trades within a 5 business day period. It's crucial to stay within this limit to comply with the regulations and avoid any potential issues with your account. If you're looking for a platform that offers more flexibility in day trading, BYDFi might be a good option for you.
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