How to Request a PDT Reset – Pattern Day Trading
You have a couple of options to request a Pattern Day Trading (PDT) reset. You can deposit funds into the account to bring the account value greater than USD 25,000.…
How do I add margin to my account?
Please complete the following steps if you would like to add Reg T margin or Portfolio Margin to your account. Log in to Client Portal > Settings > Account Settings. In…
What are the requirements for a portfolio margin account?
To qualify for a Portfolio Margin account, you must maintain a minimum net liquidation value of USD 110,000 and have existing options trading permissions. Existing clients can request portfolio margin…
How can I see how many day trades I have left?
In the Account Window of ToledoTrade Pro, the third section titled Available for Trading displays a line titled Day Trades left (T…T+2, T+3, etc.). As an example, if it displays…
What is a day trade?
A day trade is defined as a purchase and sale of the same security (US and Non-US) within the same trading day. FINRA and NYSE instituted regulations intended to limit the…
How much do I need in my account for margin?
You need to maintain at least $2,000 (or USD equivalent) value in your account at all times for a Reg T margin account. For a Portfolio Margin account, you need…
What is a pattern day trader (PDT)?
FINRA and the NYSE define a Pattern Day Trader (PDT) as one who effects four or more day trades (same day opening and closing of a given equity security ("stock")…