mghollan t1_jab49tw wrote on February 28, 2023 at 3:44 AM

Reply to comment by Yeetus-tha-thurd in Webull policy update regarding Pattern Day Trading. by Present_School_8754

Cash account.

Yeetus-tha-thurd t1_jab52rp wrote on February 28, 2023 at 3:50 AM

Is this only on certain platforms? I have TD ameritrade and a cash account and dont think they allow this.

mghollan t1_jab65rk wrote on February 28, 2023 at 4:00 AM

Not sure man. I know webull and Robinhood allow it. It's all I use for trading. Keep some cash in reserves and trade with the rest. Funds from settled trades on are ready next morning

No_Cardiologist8650 t1_jab8pdk wrote on February 28, 2023 at 4:22 AM

Webull will definitely let you do it. There’s an option in your settings, it does take like 5ish days for them to switch your account.

etrimmer t1_jabmnr6 wrote on February 28, 2023 at 6:49 AM

options settle next day on cash account in TDA.