I want to know if it is possible to day trade crypto on Robinhood without having a minimum of 25k. I'm interested in understanding the platform's requirements for crypto day trading and whether there are any specific limitations or thresholds to be aware of.
6 answers
GyeongjuGloryDays
Fri Nov 29 2024
The portfolio value is calculated by summing up the individual's cash, stocks, and options holdings.
TaekwondoPower
Fri Nov 29 2024
The regulation in question pertains exclusively to margin accounts and IRA limited margin accounts.
Maria
Fri Nov 29 2024
For accounts flagged under the Pattern Day Trading (PDT) rule, there is a specific criterion that must be met to continue engaging in day trading activities.
Alessandro
Fri Nov 29 2024
This criterion stipulates that individuals must maintain a portfolio value of at least $25,001.
Chiara
Thu Nov 28 2024
It is important to note that cryptocurrency positions are not included in the calculation of the portfolio value.