Day trade calls | Robinhood (2024)

Day trade calls

Day trade calls can be tricky and inconvenient, so it’s good to know how to prevent them, and what to do if you find yourself in one.

Before you begin

  • You can only receive a day trade call if you’re flagged as a pattern day trader.
  • Day trade calls aren’t the same as pattern day trade restrictions, though they’re both relevant if you day trade stocks or options.
  • Cash brokerage accounts are not subject to day trade call rules.
  • Day trade calls are industry-wide regulatory requirements and are not unique to Robinhood.

Copy link to clipboard

How they happen

How they happen

You’ll get a day trade call if you exceed your day trade limit. Your specific day trade limit is based on a specific start of day value, which you can find by using the steps in the next section.

Note

Your day trade limit will remain constant throughout the day.

Copy link to clipboard

Day trade limit

Day trade limit

Your day trade limit is set at the start of each trading day. It’s based on the amount of cash in your brokerage account and the maintenance requirements on the stocks that you hold overnight. In general, your day trade limit will be higher if you have more cash than stocks, or if you hold mostly stocks with low maintenance requirements.

To check your day trade limit in the app:

  1. Select AccountMenu (3 bars) or Settings (gear)
  2. Select InvestingMargin InvestingToday’s Day Trade Limit

Keep in mind

You can increase your day trade limit by depositing funds, but not by selling stock.

Copy link to clipboard

Getting a day trade call

Getting a day trade call

Remember, you can only get a day trade call if you’ve been flagged as a pattern day trader in the past 90 days and have exceeded your day trade limit.

Copy link to clipboard

Resolving a day trade call

Resolving a day trade call

To resolve a day trade call, you need to deposit the amount shown in the day trade call email, in the in-app card, and in your account menu.

You get 5 trading days from when the day call was issued to deposit the necessary amount and will be restricted from day trading during that time.

If you don’t resolve the day trade call by the due date, you’ll remain restricted from day trading for 90 days unless you resolve the call.

If a day trade call is past due, you’re still able to deposit funds to resolve the call at any point, but the 90-day restriction on day trading still applies.

Keep in mind

You can withdraw what you deposited after the standard 5-day settlement period, but if you withdraw cash while in an active day trade call it will increase the call amount. If you day trade while in a day trade call, you’ll be prevented from purchasing anything for 90 calendar days.

Copy link to clipboard

Next steps

Next steps

Once you’ve resolved your day trade call, you can resume day trading on the very next trading day.

Reference No. 2894679

Still have questions? Contact Robinhood Support

Day trade calls | Robinhood (2024)
Top Articles
TaxAudit Blog | Can I deduct brokerage fees?
Defined Benefit Plan | Definition, Benefits and Drawbacks
Weather On October 15
Sarah Bustani Boobs
Endicott Final Exam Schedule Fall 2023
Panorama Charter Portal
Mashle: Magic And Muscles Gogoanime
Dr Frita Mcrae Fisher Husband
Taterz Salad
Dryers At Abc Warehouse
Evo Unblocked
Florida death row inmates promised more humane treatment after lawsuit settlement
Foodsmart Jonesboro Ar Weekly Ad
Craigslist Cars And Trucks For Sale Private Owners
Schmidt & Schulta Funeral Home Obituaries
Triple the Potatoes: A Farmer's Guide to Bountiful Harvests
National Weather Service Monterey
Guide to Gold Farming in Guild Wars 2 - MMOPIXEL
El Puerto Harrisonville Mo Menu
Chlamydia - Chlamydia - MSD Manual Profi-Ausgabe
Ma.speedtest.rcn/Merlin
Acuity Eye Group - La Quinta Photos
Promiseb Discontinued
James And Lisa Goy Obituary
Simply Gorgeous! — Tecnam Completely Refreshed their Best-Selling Light-Sport Aircraft - ByDanJohnson.com
30+ useful Dutch apps for new expats in the Netherlands
Www.publicsurplus.com Motor Pool
Shawn N. Mullarkey Facebook
Merrick Rv Loans
Nsa Panama City Mwr
Importing Songs into Clone Hero: A Comprehensive Tutorial
They Cloned Tyrone Showtimes Near Showbiz Cinemas - Kingwood
Rugged Gentleman Barber Shop Martinsburg Wv
Parishes Online Bulletins
Quattrocento, Italienische Kunst des 15. Jahrhunderts
Courtney Callaway Matthew Boynton
Creator League Standings
Coverwood Terriers For Sale
Www.lookmovie.og
Balmorhea Fishing Resort & Rv Spaces
Nasenspray - Wirkung, Anwendung & Risiken
How Did Laura Get Narally Pregnant
Snyder Funeral Homes ♥ Tending to Hearts. ♥ Family-owned ...
Strange World Showtimes Near Harkins Theatres Christown 14
Sloansmoans Many
Cafepharma Message Boards
3143656395
Level A Sarasota
Closest Asian Supermarket
Items For Sale in Le Mars, IA
Sdn Michigan State Osteopathic 2023
Luxiconic Nails
Latest Posts
Article information

Author: Arline Emard IV

Last Updated:

Views: 6302

Rating: 4.1 / 5 (72 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Arline Emard IV

Birthday: 1996-07-10

Address: 8912 Hintz Shore, West Louie, AZ 69363-0747

Phone: +13454700762376

Job: Administration Technician

Hobby: Paintball, Horseback riding, Cycling, Running, Macrame, Playing musical instruments, Soapmaking

Introduction: My name is Arline Emard IV, I am a cheerful, gorgeous, colorful, joyous, excited, super, inquisitive person who loves writing and wants to share my knowledge and understanding with you.