What is the minimum account balance required to day trade cryptocurrencies on Webull?

1 answers

• Dec 29, 2021 · 3 years ago
  As an expert in the field, I can confirm that the minimum account balance required to day trade cryptocurrencies on Webull is $25,000. This is a standard requirement set by the SEC for all day traders. It is important to note that this minimum balance applies to the total value of your account, including both cash and securities. If your account balance falls below $25,000, you will be restricted from making further day trades until the balance is brought back up. Therefore, it is essential to ensure that you have sufficient funds in your account before engaging in day trading activities on Webull or any other platform.
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