How can I obtain unlimited Day Trades?

A Pattern Day Trader is someone who has an IBKR Lite or Pro margin account and who affects 4 or more "day trades" within a 5 business day period. Pattern Day Traders must maintain at least USD 25,000 in their margin account. If your margin account is under USD 25,000 then you are limited to 3 "day trades" in a rolling 5 business day period, but if you use all 3 "day trades" then your account is flagged as a…

Overview:

A day trade is defined as a purchase and sale of a security (US and Non-US) within the same trading day. The FINRA regulations intended to limit the amount of trading that can be done in accounts with small amounts of capital, specifically accounts with less than 25,000 USD Net Liquidation Value. A Pattern Day Trader is someone who effects 4 or more day trades within a 5 business day period. You have violated these rules and are therefore subject to PDT restrictions…

A potential pattern day trader error message means that an account has less than the SEC required USD 25,000 minimum Net Liquidation Value AND the number of available day trades (3) has already been used within the last 5 days.

The system is programmed to prohibit any further trades to be initiated in the account, regardless of the intent to day trade that position or not. The system is programmed to protect the accounts with less than USD 25,000 so the account would not "potentially" be flagged as a day trading account. You should be able to close any existing positions in your account, but will not be allowed to initiate any new positions. 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. …

Clients who maintain an account with IB India must maintain net liquidating equity of at least USD 2000 (equivalent in INR) in order to establish or increase an existing uncovered options position.

You can see the Equity with Loan Value and Net Liquidation Values of your account…