Will I be subject to the day trading requirements if I open a new margin account?

As part of the FINRA rule change, which removes day trading margin requirements and replaces them with intraday margin standards, your account may still be subject to the pattern day trading (PDT) rules during the implementation period specified by FINRA…

In order to avoid being subject to limited day trading, you will need to ensure your account Securities Net Liquidation Value has over USD 25,000 in value.

You can find an Overview of Pattern Day Trading ("PDT") Rules…

Provided your IRA account has margin capabilities and that you maintain at least USD 25,000 in equity, the account will have day trading capabilities.

Accounts that have not yet been migrated to the intraday margin standards are still subject to the Pattern Day Trading (PDT) rules and are not yet subject to Intraday Margin Deficit (IMD) calls. For more information on the FINRA rule change please review the…

Under the FINRA rule change, which removes day trading margin requirements and replaces them with intraday margin standards, a deposit after the day of the Intraday Margin Deficit (IMD) must remain in the account until the end of the day of the deposit in order to be applied to the IMD.  …