Webull eliminates Pattern Day Trade restrictions

Webull (BULL) will support the removal of Pattern Day Trader, or PDT, rules as the new regulations take effect, enabling investors to place unlimited day trades within the framework of the new margin requirements. The change eliminates the long-standing PDT restrictions that limited accounts under $25K to three day trades within a rolling five-business-day period. Once implemented, Webull users will be able to trade throughout the day without needing to maintain a $25K minimum balance to avoid PDT limitations. By supporting the new rules immediately upon launch, Webull will be among the first retail brokerages to bring the updated intraday trading framework to clients. Under the new framework, investors will be able to execute trades without the previous frequency limits and realized profits will immediately be applied to their intraday buying power. By removing these restrictions, the updated margining system is expected to lower barriers for newer active traders while enabling experienced traders to operate more efficiently. The updated intraday margining system will go live for Webull clients as the new regulatory framework takes effect, pending final approval and implementation timelines from U.S. regulators.