#Tradestation minimum requirements software#

is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. Explanatory brochure available upon request or at SIPC coverage is not available for TradeStation Crypto accounts. TradeStation SecuritiesвЂ™ SIPC coverage is available only for securities and for cash held in connection with the purchase or sale of securities, in equities and equities options accounts. TradeStation Securities is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). (NYMEX), Nasdaq BX, Inc., the Nasdaq Stock Market, the New York Stock Exchange (NYSE), NYSE Arca Equities, and NYSE American LLC. (COMEX), Eurex, ICE Futures U.S., ICE Futures Europe, the Investors Exchange LLC (IEX), the New York Mercantile Exchange, Inc. TradeStation Securities is a member of the Financial Industry Regulatory Authority ( FINRA), the National Futures Association ( NFA), and the following exchanges: Cboe BYX Exchange, Inc., Cboe BZX Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange, Inc. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission (SEC) and a futures commission merchant licensed with the Commodity Futures Trading Commission (CFTC).

#Tradestation minimum requirements software#

System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.

Before trading any asset class, customers must read the relevant risk disclosure statements on our Other Information page.

View the document titled Characteristics and Risks of Standardized Options. Online trading is not suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures or cryptocurrencies) therefore, you should not invest or risk money that you cannot afford to lose. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. The rules also prohibit the use of cross-guarantees to meet any of the day-trading margin requirements. In addition, the rules require that any funds used to meet the day-trading minimum equity requirement or to meet any day-trading margin calls remain in the pattern day traderвЂ™s account for two business days following the close of business on any day when the deposit is required.

If the day-trading margin call is not met by the fifth business day, the account will be further restricted to trading only on a cash available basis for 90 days or until the call is met. Until the margin call is met, the day-trading account will be restricted to day-trading buying power of only two times maintenance margin excess based on the customerвЂ™s daily total trading commitment. The pattern day trader will then have, at most, five business days to deposit funds to meet this day-trading margin call. If a pattern day trader exceeds the day-trading buying power limitation, the firm will issue a day-trading margin call to the pattern day trader. The rules permit a pattern day trader to trade up to four times the maintenance margin excess in the account as of the close of business of the previous day. If the account falls below the $25,000 requirement, the pattern day trader will not be permitted to day trade until the account is restored to the $25,000 minimum equity level. The required minimum equity must be in the account prior to any day-trading activities.

Under the rules, a pattern day trader must maintain minimum equity of $25,000 on any day that the customer day trades. The rules adopt the term вЂњpattern day trader,вЂќ which includes any margin customer that day trades (buys then sells or sells short then buys the same security on the same day) four or more times in five business days, provided the number of day trades are more than six percent of the customerвЂ™s total trading activity for that same five-day period.