Hi, when I opened my account like +4 month ago I remeber day trading was not allowed. There where also a pattern day trading rule for it. Is it now allowed? Do my account will be blocked if I will do it? Thanks.

Correct me if I’m wring but isn’t day trading just buying and selling a lot between when the market opens and closes? I don’t see why that wouldn’t be allowed. I used to do that when I had like £5 in my account just to get used to it.

It was wrote in the terms and conditions.

@JKAndrex Can you specify where please? I did CTRL+F and couldn’t find anything about day trading but I could still be wrong

@JKAndrex It’s okay to day trade.

How many day trade can you make per day or per week ? Under PDT you can only make 3 day trades every 5 days is this the case with trading 212 ?

David already said it’s okay to day trade. PDT is an American rule so wont apply to T212 users

PDT applies for US brokers on MARGIN accounts only and if you have less than $25,000 on your Margin account. On cash account PDT does not apply, however in US you can day trade if your funds are settled, meaning that if, for example, you have $1000 on your account and you buy shares from a company w…

@Dumitru_C The rule doesn’t apply here, you can trade as much as you’d like within a day using all of your funds - no waiting two days for settlements.

That’s great! Thank you @David for your quick reply. Stay safe everybody!

Is DAY TRADING allowed?

🤝 Help

George May 22, 2020, 3:27pm 18

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Is DAY TRADING allowed?

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