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Webull to support removal of pattern day trader rules

April 15, 2026 9:07 AM

Webull (NASDAQ: BULL) announced it will support the elimination of Pattern Day Trader rules as new regulations take effect, allowing investors to place unlimited day trades within updated margin requirements.

The change removes PDT restrictions that previously limited accounts under $25,000 to three day trades within a rolling five-business-day period. Under the new framework, Webull users will be able to trade throughout the day without maintaining a $25,000 minimum balance to avoid PDT limitations.

According to the press release, realized profits will immediately be applied to intraday buying power, enabling investors to redeploy capital throughout the same trading session. The updated system will apply to trading in stocks, ETFs, and options.

"The shift in intraday margin rules represents a meaningful evolution in how active traders can participate in the markets," said Anthony Denier, Group President and U.S. CEO at Webull. "Our priority is ensuring Webull customers can take advantage of these changes from day one."

The company stated it will be among the first retail brokerages to implement the updated intraday trading framework for clients. The new intraday margining system will launch for Webull clients when the regulatory framework takes effect, pending final approval and implementation timelines from U.S. regulators.

The press release indicated that the updated system is expected to lower barriers for newer active traders while enabling experienced traders to operate more efficiently.

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