Pattern Day Trader. Alpaca will monitor trading activities in Alpaca accounts and alert those customers at risk of qualifying as "pattern day traders". A pattern day trader, as defined under FINRA Rule 4210(f)(8)(B), is any customer who executes four or more day trades within five business days, provided the number of day trades is more than six percent of the total trades in the account during that period. All Alpaca accounts designated as a pattern day trading accounts will be required to maintain $25,000 equity at all times in order to continue day trading. I acknowledge it is important that I fully understand the risks involved in day trading securities, as described in the Day Trading Risk Disclosure.
Pattern Day Trader. The Broker will monitor trading activities and alert or restrict those customers at risk of qualifying as “pattern day traders.” A pattern day trader, as defined under FINRA Rule 4210(f)(8)(B), is any customer who executes four or more day trades within five Business Days, provided the number of day trades is more than six percent of the total trades in the account during that period. All Accounts designated as a pattern day trading accounts will be required to maintain $25,000 equity at all times in order to continue day trading. It is important that you fully understand the risks involved in day trading securities, as described in the Pattern Day Trading Disclosure.
Pattern Day Trader. You understand a pattern day trader, as defined under FINRA Rule 4210(f)(8)(B), is any Account that executes four or more day trades within five business days, provided the number of day trades is more than six percent of the total trades in the Account during that period. We may institute trade restrictions to prevent pattern day trading at any time without notice to you. As a result, you may be restricted from purchasing or selling securities on a particular day or time that you intend.
