Webull day trade buying power
11 Oct 2016 The pattern day trader rule is a rule designed to protect new traders. they also increased the buying power for margin accounts above the 24 Jun 2017 A pattern day trader, as defined by FINRA, is the buying or selling of the Less buying power no matter how much money you have in your cash account. So I use Robinhood and Webull (I know, mobile apps, gross) and Webull provides up to 4x day-trade buying power and 2x overnight buying power with a margin account. You must have at least $2,000 to qualify. Interest on margin trading is calculated on a daily basis and paid on a monthly basis. The margin rate is variable and is determined by the size of the margin loan.