We simulate the PDT rule in the paper trading account when the account would fall within the scope of the rule.
Note
- In Client Portal you can reset your paper trading account so that the balance is more than USD 25,000 in the securities segment and the account does not fall anymore within the scope of the PDT rule.
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 FAQs on IMD.