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

3 answers

• Dec 28, 2021 · 3 years ago
  TD Ameritrade allows a maximum of 3 day trades within a rolling 5 business day period for cryptocurrency trading. If you exceed this limit, your account may be flagged as a pattern day trader, which requires a minimum account equity of $25,000. It's important to note that this limit applies specifically to day trades and not to other types of trades or investments on TD Ameritrade.
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• Dec 28, 2021 · 3 years ago
  When it comes to day trading cryptocurrencies on TD Ameritrade, the maximum number of day trades allowed is 3 within a 5 business day period. If you go beyond this limit, you might be classified as a pattern day trader, and TD Ameritrade requires a minimum account equity of $25,000 for pattern day traders. It's crucial to keep track of your day trades and adhere to the regulations set by TD Ameritrade to avoid any potential issues with your account.
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• Dec 28, 2021 · 3 years ago
  As an expert in the field, I can confirm that TD Ameritrade allows a maximum of 3 day trades for cryptocurrency trading within a 5 business day period. It's important to be aware of this limit and ensure that you comply with it to avoid any potential consequences. If you have any further questions regarding day trading on TD Ameritrade or any other cryptocurrency-related queries, feel free to ask!
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